Federal Reserve officials, fresh from the latest round of tests designed to ensure the safety of the biggest banks, are now peering into the darker corners of the financial system as they assess the risks of another crisis.
Standard Chartered Plc’s Paul Horsnell forecasts oil will rise to $90 a barrel in the fourth quarter. Bank of America Merrill Lynch’s Francisco Blanch predicts $58. Six months ago, they were just $1 apart.
Novo Nordisk A/S shares soared the most in 12 years after the drugmaker said it will resubmit its Tresiba insulin to U.S. regulators, putting the medicine a step closer to approval in the world’s biggest pharmaceutical market.
The Germanwings co-pilot believed to have intentionally crashed a plane into the French Alps had a note from his doctor certifying him unfit to work on the day of the crash that he never passed on to his employer.