Swiss Pharma Giant Roche to Invest $50+ Billion in U.S.
Swiss pharmaceutical giant Roche announced on Tuesday that it will invest more than $50 billion in the US over the next five years. The US is a key market for the pharmaceutical industry, accounting for more than half of AFP revenue from Roche’s Pharmaceutical Division Report. Swiss competitor Novartis announced earlier this month that it […]
Bear market coming in 2025 over economic slowdown, AI bubble: David Roche
Investor and strategist David Roche said Monday he expects the economy to enter a bear market in 2025. He said the market would be driven down by disappointing interest rate cuts, a slowing economy and an AI bubble. During an interview with CNBC. Roche predicted the Fed would not cut interest rates to the 3.50% […]
Japan is not seeking a strong yen but a stable currency, David Roche says – CNBC
Veteran investor David Roche says Japan is not looking for a strong yen, but rather a relatively stable currency. The Japanese yen has been on a roller coaster, falling above $160 against the US dollar last week, its biggest decline in more than 30 years. This trend has since intensified amid speculation about two interventions […]