Novartis US Investment, BP Debts & Deal Issues
On this episode of Stock Movers:- Swiss pharmaceutical giant Novartis AG said it would invest $23 billion in the US over the next five years to ensure its key drugs for Americans are made in the country, news that comes as President Donald Trump has promised to impose tariffs on global drug makers.- - BP Plc said debts mounted in the first quarter, yet another setback for the UK energy major as it struggles to turn its finances around. Net debt climbed about $4 billion from the prior quarter, BP said Friday, citing an increase in working capital. It also reported lower upstream production and…
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