Tag: Risk News
-
Pfizer says tornado significantly damaged warehouse storing drugs and raw materials
[ad_1] Pharmaceutical manufacturer Pfizer Inc. PFE, +1.71% said Friday that most of the damage from Wednesday’s tornado that ripped through its Rocky Mount, N.C., manufacturing facility was to a warehouse area storing finished drugs, raw materials, and packaging supplies. The 1.4 million square foot facility, which produces nearly 8% of all sterile injectable medicines used…
-
After coup attempt in Russia, how should you invest $100,000 right now?
[ad_1] Got $100,000 to spare? If so, do the opposite of what happened in Russia over the weekend — don’t make any sudden moves. U.S. stocks were mostly treading water Monday after a dramatic weekend in Russia when Yevgeny Prigozhin, leader of the mercenary Wagner Group, marched to the outskirts of Moscow, Russia’s capital, threatening…
-
Rebellion in Russia could trigger selloff in U.S. stocks and flight to safe assets, analysts say. Here’s what investors should know.
[ad_1] Watch what happens over the next 36 hours. That was the advice from one financial analyst as U.S. investors awoke on Saturday to news of an apparent armed rebellion against Moscow led by Yevgeny Prigozhin, the owner of the powerful Russian mercenary organization Wagner Group. Others speculated that the crisis in Russia could drive…
-
Most Ukraine businesses fully operational: American Chamber of Commerce in Kyiv
[ad_1] More than 480 days after Russia launched its invasion of Ukraine, 84% of the companies surveyed by the American Chamber of Commerce in Ukraine are fully operational. The survey, which was conducted jointly with member company Ernst & Young Ukraine, found that 49% of respondents reported damage to factories, facilities, storehouses or offices as a…
-
New Zealand’s economy slides into recession amid pain of high rates, storm damage
[ad_1] SYDNEY — New Zealand’s economy fell into a recession in the first three months of this year as soaring interest rates and the effects of a cyclone that devastated the North Island forced activity to contract for a second successive quarter. The agriculture-rich economy contracted 0.1% during the first quarter and grew 2.2% in…
-
Want to fight your office’s return-to-work mandate? The law isn’t on your side and why wildfire smoke is so dangerous for the lungs
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. What Google, Martha Stewart, Amazon and others have gotten so wrong about the remote-work debate How did a ‘perk’ for office workers and pandemic-era safety measure turn into an company-employee standoff? Read More ‘We need an equity approach to the climate crisis’: When air quality declines, low-income…