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Sunday, April 26, 2020

Australia's NAB taps investors for $2.2 billion as coronavirus halves profit

National Australia Bank Ltd , the country's No.3 lender, asked investors for A$3.5 billion ($2.2 billion) and slashed its dividend on Monday as its first-half profit tumbled in part due to charges associated with the coronavirus pandemic.


from Reuters: Business News https://ift.tt/3aI5lEx

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Wegovy maker warns price cuts 'painful' for firm as shares plunge

Novo Nordisk is facing "unprecedented" price pressures, "intensifying competition" and patents expiring. from BBC News...