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Press Release: Federal Reserve announces the establishment of temporary U.S. dollar liquidity arrangements with other central banks

Category: Business News

The Federal Reserve on Thursday announced the establishment of temporary U.S. dollar liquidity arrangements (swap lines) with the Reserve Bank of Australia, the Banco Central do Brasil, the Danmarks Nationalbank (Denmark), the Bank of Korea, the Banco de Mexico, the Norges Bank (Norway), the Reserve Bank of New Zealand, the Monetary Authority of Singapore, and […]

Source: The Federal Reserve


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Press Release: Roche initiates Phase III clinical trial of Actemra/RoActemra in hospitalised patients with severe COVID-19 pneumonia

Category: Business News

Basel, 19 March 2020- Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced  we are working with the Food & Drug Administration (FDA) to initiate a randomised, double-blind, placebo-controlled Phase III clinical trial in collaboration with the Biomedical Advanced Research and Development Authority (BARDA), a part of the US Health and Human Services Office of the […]

Source: Roche


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CNBC: Thermo Fisher ships coronavirus tests, aims to produce 5 million tests a week by April

Category: Business News

The first batch of government-authorized coronavirus tests from Thermo Fisher Scientific have shipped off and the “dramatic ramp up” in production has begun, CEO Marc Casper told CNBC Monday. “We have already about 1.5 million tests in stock. We began shipping them yesterday and today,” Casper said in a “Mad Money” interview with Jim Cramer. “But we’re ramping […]

Source: CNBC


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CNBC: Eli Lilly CEO aims to start testing coronavirus cure ‘this summer’

Category: Business News

Eli Lilly CEO David Ricks told CNBC on Friday that his company aims to start testing a treatment for the globally spreading coronavirus in the coming months. The pharmaceutical giant on Thursday announced that it has teamed up with the privately held AbCellera Biologics to co-develop a medicine for COVID-19, the disease caused by the virus […]

Source: CNBC


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EuropeanCEO: Norsk Hydro Hilde Merete Aasheim shows her mettle

Category: Business News

The prominence given to environmental issues of late has placed a harsh spotlight on the commodities sector. The planet’s raw materials are finite, and harvesting them can often be cheaper than recycling. The environmental cost is usually ignored. Nevertheless, the aluminium industry has not performed too badly in terms of sustainability. A staggering 75 percent of all […]

Source: EuropeanCEO


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