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Wednesday, April 29, 2020

Stocks rally on treatment hopes, currencies await ECB

Asian stocks rose to a fresh seven-week high on Thursday, lifted by encouraging early results from a COVID-19 treatment trial, though bonds and currencies held cautious ranges ahead of a European Central Bank meeting later in the day.


from Reuters: Business News https://ift.tt/2yV9CHs

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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...