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Friday, June 29, 2018

Novartis hands investors Alcon spin-off and $5 billion share buyback

ZURICH (Reuters) - Novartis plans to spin off its Alcon eye care business to shareholders and repurchase up to $5 billion in shares, as Chief Executive Vas Narasimhan refocuses the Swiss firm on prescription drugs.


from Reuters: Business News https://ift.tt/2IC3JOK

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf