Bloomberg Business

Sanofi Agrees to Pay $2.9 Billion For Provention Bio

Sanofi agreed to buy Provention Bio Inc. in a $2.9 billion deal intended to bolster the French drugmaker’s portfolio of diabetes medicines with a new therapy recently approved in the US.

Sweden Bans Non-ESG Funds From $90 Billion Pensions Pot

Sweden is inviting international asset managers to help allocate 1 trillion kronor ($90 billion) of pension savings, but says it won’t accept applications from firms that don’t incorporate ESG into their strategies.

Euro-Area Finance Chiefs See Limited Impact From SVB Collapse

(Bloomberg) — The euro area has very limited exposure to the fallout from Silicon Valley Bank‘s collapse and is able to manage such risks, according to Paschal Donohoe, president of the Eurogroup, which brings together the currency bloc’s finance chiefs.

Xi to Call Ukraine’s Zelenskiy After Russia Visit Next Week

Chinese President Xi Jinping and Ukrainian leader Volodymyr Zelenskiy plan to speak by video link in what would be their first conversation since Russia’s invasion, a Ukrainian official familiar with the preparations said.

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