EU orders biotech giant Illumina to unwind $7.1 billion purchase of cancer-screening company Grail

The European Union is ordering U.S. biotech giant Illumina to undo its $7.1 billion purchase of cancer-screening company Grail because it closed the deal without approval of regulators ByRAF CASERT Associated Press October 12, 2023, 6:36 AM FILE – European Commissioner for Justice Didier Reynders delivers a speech on the electoral law, the investigative committee … Read more

BOJ increases Wednesday’s bond purchase as 10-year JGB yields hit decade peak

A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images The Bank of Japan announced it’s increasing its bond purchases at Wednesday’s auction, as a spike in government bond yields tests its resolve to defend its yield curve control policy. … Read more