Bloomberg

Novo, Lilly Slide After Biden Calls for Cheaper Obesity Drugs

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(Bloomberg) — Shares of Novo Nordisk A/S and Eli Lilly & Co. fell on Tuesday as US President Joe Biden continued his push for cheaper drugs by demanding price cuts for their blockbuster weight loss and diabetes drugs. Most Read by Bloomberg Companies are paying “unconscionably high prices” that are above those paid in other … Read more

Treasuries hit as traders weigh US election risks: Markets close

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(Bloomberg) — The world’s largest bond market took a hit as traders weighed some of the potential implications of November’s U.S. election following last week’s presidential debate between Joe Biden and Donald Trump. Most Read by Bloomberg Treasuries fell – with longer maturities largely underperforming shorter ones. After struggling to find direction in early trading, … Read more