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NEW YORK (Reuters) – U.S. drug maker Pfizer Inc’s agreed on Tuesday to terminate its 0 billion agreement to acquire Botox maker Allergan Plc, in a major victory to U.S. President Barack Obama’s drive to stop tax-dodging corporate mergers.
SINGAPORE, April 6 (Reuters) – Australia’s Gorgon liquefied natural gas (LNG) export terminal is expected to resume production within 30 to 60 days after the facility halted output earlier this month due to mechanical problems, operator Chevron said on Wednesday.
U.S. municipal bonds drew investors and yielded positive returns throughout the first quarter of this year, but their performance paled compared to Treasuries, which gained in January during a Chinese-led global stock market rout. The Treasury rally marred a two-year run of outperformance by municipal bonds. Munis returned 1.67 percent as of March 31, according to Barclay’s Municipal Bond index, versus 3.20 percent for Treasuries.
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Iceland’s Prime Minister Sigmundur David Gunnlaugsson is to resign, his party said on Tuesday, becoming the first casualty of leaked documents from a Panamanian law firm. Nathan Frandino reports.
The Senator from Vermont will win the state.
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