EMEA Morning Briefing - Shares to Edge Higher;
According to Monday's data from the Russian Ministry of Finance, oil and gas revenues fell 46% in January compared to the same month last year. Military purchases drove the increase in government spending by 59
According to Monday's data from the Russian Ministry of Finance, oil and gas revenues fell 46% in January compared to the same month last year. The increase in government spending was largely due to military purchases.
DNIPRO, Ukraine Ukraine warned that Russia was finishing preparations for a major offensive this month. Kyiv signaled that a reshuffle would take place in its military leadership following a corruption scandal that rocked the Defense Ministry.
Serhiy Haidai (the governor of the Luhansk Region in eastern Ukraine) stated that Russia was continuing to increase its offensive capabilities and bring in troops to front line positions while decreasing its rate-of-fire in certain areas to conserve ammunition for the upcoming advance.
According to people familiar with the matter, CVS Health Corp. is close in reaching an agreement to buy Oak Street Health Inc., which would include debt and increase the company's footprint of primary-care physicians with a large network senior-focused clinics.
According to people, the companies are considering a price of $39 per share. They said that the deal could be announced as early as next week if it is approved. CVS is expected to report earnings on Wednesday.
Sundar Pichai (chief executive of Google parent Alphabet Inc.), said Monday that the new experimental service Bard generates textual answers to users' questions using information from the web.
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