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Moody’s says these Indian infrastructure firms are better positioned to withstand Covid disruptions
A container ship docked at India’s Adani Port Special Economic Zone (APSEZ) in Mundra, India. Sam Panthaky | AFP | Getty Images India’s second wave of coronavirus outbreak will affect the country’s infrastructure firms to varying degrees, according to Moody’s Investors Service. Power companies and ports are expected to better withstand the impact of pandemic-led […]
Pharma stock investors brace for billions in heartburn drug litigation charges
Shares of GSK, Sanofi and Haleon all sold off sharply this week, shedding tens of billions in market value, amid investor fear over potential U.S. litigation charges focused on popular heartburn drug Zantac. This has been a known issue bubbling in the background for years but investor concern exploded this week in the lead-up to […]
States sue 3M, DuPont over toxic ‘forever chemicals’ found in drinking water
Just outside of Bangor, Maine — the hometown of renowned horror author Stephen King — more than 500 students, faculty and staff arrive at Hermon High School each day. But since November, they can no longer drink the water. All the fountains are taped off with plastic bags. Bottles of water are stacked nearby. A […]