BREAKING: Sweden's central bank leaves interest rate unchanged despite corona crisis

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BREAKING: Sweden's central bank leaves interest rate unchanged despite corona crisis

news@thelocal.se · @thelocalsweden. 28 April 2020. 09:33 CEST+02:00. Updated: 28 April 2020. 10:03 CEST+02:00. Sweden’s central bank, the Riksbank, on Tuesday left the country’s key interest rate unchanged – but did not rule out cutting it below zero …
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Saudi Arabia takes 5% stake in Live Nation as coronavirus hits concert industry

Saudi Arabia has taken a 5.7% stake in Beverly Hills-based Live Nation, the world’s largest concert promoter, according to a document filed with the U.S. Securities and Exchange Commission on Monday. The investment, valued at about $500 million, comes …
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For GM employees building ventilators on the front lines, their work is saving them

(jetcityimage/iStock)By SASHA PEZENIK, ABC News (NEW YORK) — Penni Cox wakes up before dawn, taking her coffee to-go as she makes the 10-minute drive down the road from her home to the General Motors campus in Kokomo, Indiana. She arrives at …
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Sanofi, Regeneron scale back Kevzara study after disappointing results in severe COVID-19 patients

Sanofi and Regeneron had high hopes for IL-6 inhibitor Kevzara’s chances as a repurposed therapy for COVID-19 patients after anecdotal results in China showed promise. But now, the drug has hit an early hurdle in the U.S. Will Kevzara go on to find its …
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Merck & Co. Partnering with ISB to Study Targets for COVID-19 Therapeutics

Merck & Co. said today it will partner with the Institute for Systems Biology (ISB) to identify targets for medicines and vaccines against COVID-19 by investigating and defining the molecular mechanisms of the disease and specifically SARS-CoV-2 infection.
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