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Trump says Fed raising rates was a mistake: CNBC
(Reuters) – The United States’ economy would be growing at a pace near 4% if wasn’t for the lingering effect of Federal Reserve rate hikes, President Donald Trump told CNBC in an interview on Wednesday. “Now, with all of that, had we not done the big raise on interest, I think we would have been […]
Johnson & Johnson abandons deal for Takeda’s TachoSil surgical patch
WASHINGTON (Reuters) – Johnson & Johnson <JNJ.N> said on Friday it abandoned plans to buy Takeda Pharmaceutical’s surgical patch product TachoSil, citing regulatory issues. Takeda <4502.T>, Japan’s biggest drugmaker, announced the sale of TachoSil, a surgical patch to control bleeding, to Johnson & Johnson’s subsidiary Ethicon for $400 million last May. “Ethicon and Takeda have […]
India to woo businesses to Kashmir in planned investment summit
By Devjyot Ghoshal NEW DELHI (Reuters) – India plans to offer around 6,000 acres (2,400 hectares) of land in Kashmir as part of a business summit planned for April or May to help the Himalayan region after withdrawing its special rights and making sweeping administrative changes. Jammu and Kashmir was India’s only Muslim-majority state until […]