Lagarde says ECB must be agile when setting interest rates
The European Central Bank must be “agile” in setting monetary policy, despite currently being well positioned, according to President Christine Lagarde. Read More
Bora Pharmaceuticals and GSK Sign $250M Five Year Global Manufacturing Contract
MISSISSAUGA, Ontario — Bora Pharmaceuticals Co., Ltd. (“Bora”; TWSE: 6472; OTCQX: BORAY), a global leader in pharmaceutical manufacturing, and GSK (LSE/NYSE: GSK) have signed a strategic agreement to renew a five-year manufacturing partnership. Bora purchased the Mississauga facility from GSK in 2020. This renewed collaboration reinforces the long-standing relationship between the two companies and expands the partnership, allowing GSK access to multiple sites within the Bora network, including its newest oral solid dose (OSD) site in Maple Grove, Minnesota. Read More
EU halts U.S. trade deal as tariff turmoil creates uncertainty
The European Union froze ratification of its U.S. trade deal until President Donald Trump solidifies his upended tariff plans, injecting economic turbulence into an already strained relationship. Read More
S&P 500 Falls on Tariff Questions, Nvidia Gains Before Earnings
(Bloomberg) — US stocks traded lower on Monday as President Donald Trump responded to the Supreme Court’s ruling against his sweeping tariffs by imposing a new, across-the-board 15% levy on US imports, sowing fresh confusion around global trade. Shares of Nvidia Corp. were a bright spot, advancing before Wednesday’s earnings report. Read More
Market reaction to tariff ruling ‘pretty subdued,’ BMO’s CEO says
After more than a year of trade-related shocks, market reaction to the U.S. Supreme Court ruling on U.S. President Donald Trump’s signature international policy has been “pretty subdued,” said Bank of Montreal chief executive Darryl White. Read More