Indian generic drug giant Cipla said Friday it had slashed by up to 76 percent prices of three anti-cancer medicines in what it called a “humanitarian” move and promised to cut the costs of more products.
Indian generic drug giant Cipla said Friday it had slashed by up to 76 percent prices of three anti-cancer medicines in what it called a “humanitarian” move and promised to cut the costs of more products.
U.S. stocks were poised for a lower open on Friday after a weaker-than-expected payrolls report cast doubt over the strength of the economic recovery.
Gold prices edged back into positive territory on Friday after a report showed the U.S. economy added fewer jobs than expected last month, fuelling speculation the Federal Reserve may turn to further monetary easing to boost growth.
German premium carmaker BMW and South Korean group Hyundai Motor are discussing a possible tie-up in engine development and other areas, a source with direct knowledge of the matter told Reuters.
Copper was little changed on Friday ahead of jobs data from the United States, amid concerns of supply disruption in top producer Chile and expectations that China will export to trim high stockpiles at home.
European stocks risk falling sharply on Monday given the level of complacency about weekend elections in France and Greece implied by the options markets.
Gold prices fell on Friday and were on track for their biggest weekly loss in seven, as traders took to the sidelines ahead of key payrolls data later in the day, and as the euro weakened ahead of elections in France and Greece this weekend.
ICE raw sugar futures bounced on Friday with prices underpinned by oversold indicators and expectations that physical demand may pick up after prices fell to a one-year low earlier this week.
New Indonesian taxes on metals and curbs on raw mineral shipments are likely to hit exports of nickel and bauxite to China and push ore prices higher on world markets, an industry source said on Friday.
U.S. stock index futures edged higher on Friday ahead of a key report on the labor market, which could provide a clearer picture on the strength of the economic recovery.