Oct 21- Vertex Pharmaceuticals Inc has priced its three-drug combination for cystic fibrosis at $311,503 per year, after winning early U.S. approval on Monday. The U.S. Food and Drug Administration approval, which comes five months ahead of the agency's previously announced action date, greatly expands the percentage of cystic fibrosis patients that Vertex...
CNBC's Wilfred Frost talks with Secretary of State Mike Pompeo about a variety of topics, including the Ukraine call, the Turkey cease-fire, China relations, the energy sector and more.
NEW YORK, Oct 21- The U.S. dollar recovered earlier losses on Monday afternoon as Brexit negotiations were once again thrown into disarray, and the Canadian dollar strengthened in the hours before results of the election for prime minister, which is expected to be close. But the dollar turned around in North American trade after House of Commons speaker John...
CNBC's Wilfred Frost sat down with Secretary of State Mike Pompeo to talk about a variety of topics, including the Ukraine call, the Turkey cease-fire, the energy sector and more.
*China seeks $2.4 billion in sanctions against U.S. *Russia reports oil output above OPEC+ quota in September. NEW YORK, Oct 21- Oil prices fell nearly 1% on Monday after comments from a U.S. official stymied hopes that a U.S.- China trade deal would be reached soon, feeding worries that a slowing global economy would reduce demand for oil.
Energy Secretary Rick Perry, who told President Donald Trump last week he would resign late in the year, intends to step down on Dec. 1, the energy department said on Monday. "While Secretary Perry continues to serve at the pleasure of the President, it is his intent to depart DOE December 1st," an energy department official said in an email. In recent weeks Perry has...
LONDON, Oct 21- Sterling traded around $1.30 on Monday, a 5-1/ 2- month high, unmoved by House of Commons Speaker John Bercow's decision not to immediately allow a vote on the Brexit withdrawal deal as investors thought a no-deal exit from the EU would be averted. Investors have been rushing to cover short positions as the risk of a no-deal Brexit ebbed, with the most...
White House chief of staff Mick Mulvaney had sparked controversy with the announcement of the selection of President Donald Trump's Doral golf resort in Miami as the site of the next G-7 summit. A new location is now being sought.
MENETOU-RATEL, France, Oct 21- Last year, Brice Thomas gathered colleagues in the finishing workshop of the French plastics factory where he works. "They got a bit mad," said Thomas, a workers' representative at Plasti-Tremp, a family-run business in central France. The outcome was possible because two years ago, President Emmanuel Macron pushed through measures to...
*Investors eye limited U.S.- China trade deal. LONDON, Oct 21- World shares rose on Monday, as hopes for resolving the U.S.- China trade war and a belief that Britain will avoid a disorderly exit from the European Union gave investors cause for riskier bets. The positive mood in Europe mirrored gains in Asia.
*China seeks $2.4 billion in sanctions against U.S. *Russia reports oil output above OPEC+ quota in September. But adding to tensions, China is now seeking $2.4 billion in retaliatory sanctions against the United States for non-compliance with a WTO ruling in a tariffs case dating back to the Obama era, a published document showed.
LONDON, Oct 21- Sterling reached its highest in more than five months at $1.3011 on Monday, as more investors rushed to cover short positions on signs that either Prime Minister Boris Johnson's Brexit deal would pass or the Oct. 31 deadline would be pushed back. In any event, the risks of Britain exiting the European Union without agreeing a transition deal-- a...
*Investors eye limited U.S.- China trade deal. LONDON, Oct 21- World shares nudged higher on Monday, as hopes for progress towards resolving the U.S.- China trade war and a belief that Britain will avoid a disorderly exit from the European Union gave cause for riskier bets. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3%, with Chinese shares...
Oct 21- Europeans shares opened slightly higher on Monday, indicating that investors remained hopeful that Britain would be able to avoid a disorderly exit from the European Union, even as British lawmakers delayed a crucial vote on the withdrawal agreement. The British government insisted on Sunday the country will leave the European Union on Oct. 31 despite...
*UK says Brexit will happen on Oct. 31. The move derailed Prime Minister Boris Johnson's plan for a decision on his withdrawal deal, but the pound held the bulk of its recent rally on confidence that a disorderly exit from the European Union would be avoided. Britain's exit had been envisaged for Oct. 31.
WASHINGTON, Sept 26- U.S. business investment contracted more sharply than previously estimated in the second quarter and corporate profit growth was tepid, casting a shadow on an economy that is being stalked by financial market fears of a recession. The downturn in business spending has been blamed on the Trump administration's nearly 15- month trade war...
LONDON, Oct 20- Sterling slipped half a percent as world currency markets opened for the first time since the UK parliament delayed a crucial vote on a Brexit withdrawal agreement. As trading opened in Wellington, New Zealand, the pound slipped 0.6% to $1.2929, but the bulk of its recent rally held amid confidence that a disorderly exit from the European Union...
*For now, EU lets UK political drama to play out. BRUSSELS, Oct 20- The European Union will play for time rather than rush to decide on British Prime Minister Boris Johnson's reluctant request to delay Brexit again, diplomats with the bloc said after a 15- minute meeting on Sunday. Johnson's plan to put his Brexit withdrawal deal to the UK parliament on Saturday was...
*Johnson: confident Brexit laws will pass by Oct. 31. LONDON, Oct 20- Britain will leave the European Union on Oct. 31 despite an unsigned letter that Prime Minister Boris Johnson was forced by his opponents to send to the bloc requesting a Brexit delay, the government said on Sunday. One of his most senior ministers said Britain would still leave the bloc on Oct. 31.
*Johnson: confident Brexit laws will pass by Oct. 31. LONDON, Oct 20- Prime Minister Boris Johnson sent an unsigned letter to the European Union requesting a delay to Britain's exit from the bloc but added another note in which he explained that he did not want a "deeply corrosive" Brexit extension. First, a brief cover note from Britain's EU envoy explaining that the...
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