{
DEU

Country

}
Novartis to shut down Morphosys amid job losses and drug concerns
Novartis is set to close the German biotech firm Morphosys, which it acquired for €2.7 billion earlier this year, affecting around 330 jobs. The decision follows concerns over the efficacy and safety of Pelabresib, a drug in development for myelofibrosis, leading to an $800 million valuation adjustment.
SWI swissinfo.ch
Euro Novartis AG USA DEU CHE Show more
Finance & Economy, News Article
14:40 19.12.2024
swiss economy faces mixed signals amid recruitment challenges and cautious outlook
Recruitment challenges are easing, but specialized IT, engineering, and healthcare roles remain difficult to fill. Companies face pressure from a strong Swiss franc and uncertain business prospects, leading to restrained investment plans and moderate wage growth expectations. The Swiss National Bank's recent interest rate hike reflects these economic conditions, despite a mixed industrial landscape.
finews.ch
United States Dollar Swiss Franc Euro Microsoft Corporation Apple Inc. Google Inc. Amazon.com, Inc. CHN USA DEU CHE Show more
Finance & Economy, Market Report
13:52 19.12.2024
Crypto All-Stars presale raises 21 million ahead of exchange listing
Crypto All-Stars has successfully raised over $21 million in its presale, which is now in its final two days before an exchange listing. The project features a unique staking protocol, MemeVault, allowing users to stake multiple meme coins like DOGE and SHIB while earning STARS tokens as rewards. With a growing community of over 7,400 members on Telegram and 20,000 followers on X (Twitter), the platform aims to enhance the utility of meme coins across various blockchains.
Crypto News Flash
DEU Austin Hilton Show more
Finance & Economy, Press Release
12:42 19.12.2024
massive ethereum outflow signals long term accumulation amid market fluctuations
Ethereum is experiencing a significant outflow, with 7.8 million ETH withdrawn from Binance as part of a larger 20.8 million ETH exodus from exchanges, indicating potential long-term accumulation by holders. Currently trading at $3,858, ETH shows weaker performance compared to Bitcoin, with technical indicators suggesting a possible drop to support levels around $3,400. Meanwhile, Deutsche Bank is entering the Ethereum ecosystem with plans for a ZKsync layer-2 solution, highlighting the growing intersection of traditional finance and cryptocurrency.
MoneyCheck
Deutsche Bank RV Global PP DEU
Finance & Economy, Market Report
12:29 19.12.2024
markets brace for central bank decisions and economic data releases
Markets are bracing for a prolonged period of high interest rates following the Federal Reserve's recent policy decision, which raised forecasts for inflation and GDP growth while signaling caution on future cuts. The dollar surged, impacting emerging markets and tech stocks, with Micron Technology shares plummeting after disappointing earnings. Meanwhile, global central banks, including the Bank of England and Brazil's central bank, are navigating their own monetary challenges amid rising inflation and economic pressures.
reuters.com
United States Dollar British Pound Sterling Japanese Yen Brazilian Real Paychex, Inc. Lamb Weston Holdings, Inc. NIKE, Inc. Conagra Brands, Inc. Accenture plc Cintas Corp FedEx Corp Darden Restaurants, Inc. CarMax, Inc. SWE NOR JPN DEU GBR USA BRA Donald Trump Mike Dolan Jerome Powell Show more
Finance & Economy, Market Report
12:15 19.12.2024
global seasoning market poised for growth with emerging opportunities and key players
The global Seasoning Market is poised for significant growth from 2024 to 2031, driven by key players like McCormick & Company and Nestle. The market analysis includes trends, dynamics, and opportunities, with a focus on regional contributions and competitive strategies among major manufacturers. Comprehensive insights into market segmentation and the impact of various factors on demand are also provided, aiding stakeholders in making informed business decisions.
openPR.com
Nestlé S.A. McCormick & Company, Incorporated Kerry Group plc Ajinomoto Co., Inc. IRN SAU FRA GBR RUS ESP IND DEU AUS ARG ARE TUR SGP NZL USA BRA ITA CAN CHN JPN MEX Show more
Finance & Economy, Market Report
12:09 19.12.2024
Novartis to close MorphoSys sites affecting 330 jobs by 2025
Novartis is closing MorphoSys sites in Germany and the United States, impacting 330 jobs as part of a strategic evaluation of its organizational structure following the acquisition of MorphoSys earlier this year. The company plans to exit the Munich and Boston locations by the end of 2025 and is committed to supporting affected employees.
Blue Water Healthy Living
Euro Novartis AG USA DEU CHE Madeline Chambers Friederike Heine Matthias Williams Paul Arnold Show more
Finance & Economy, News Article
12:07 19.12.2024
Novartis to close Morphosys affecting 330 jobs by end of 2025
Novartis is set to close the German biotech company Morphosys, resulting in the loss of 330 jobs. The decision, announced in November 2024, involves shutting down Morphosys sites in Germany and the U.S. by the end of 2025, with all portfolio activities being integrated into Novartis.
wmbdradio.com
Euro Novartis AG MorphoSys AG USA DEU Madeline Chambers Friederike Heine
Healthcare, News Article
11:37 19.12.2024
Novartis to close Morphosys affecting 330 jobs by end of 2025
Novartis is set to close the German biotech company Morphosys, resulting in the loss of 330 jobs. The decision, announced in November 2024, involves shutting down Morphosys sites in Germany and the U.S. by the end of 2025, with all portfolio activities being integrated into Novartis.
MarketScreener
Euro Novartis AG MorphoSys AG USA DEU Madeline Chambers Friederike Heine
Healthcare, News Article
11:20 19.12.2024
novartis to close morphosys affecting 330 jobs by end of 2025
Novartis is set to close the German biotech company Morphosys, impacting 330 jobs, as part of its strategy to integrate all portfolio activities into Novartis. The decision to shut down Morphosys sites in Germany and the U.S. by the end of 2025 was announced in November 2024.
Yahoo Finance
Euro Novartis AG MorphoSys AG USA DEU Madeline Chambers Friederike Heine
Healthcare, News Article
11:20 19.12.2024
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