AbbVie & Shire Working to Reach Deal by Today

July 18 (Bloomberg) –- Sphera Funds Management Partner Ori Hershkovitz discusses AbbVie and Shire working to forge a deal by this morning. The companies have until 5pm in London to agree to a deal otherwise AbbVie will have to walk away for 6 months. He speaks to Manus Cranny and Caroline Hyde on Bloomberg Television’s “Countdown.” (Source: Bloomberg)
Fed 'Normalization' a Good Thing: OECD's Gurria
47:48 - OECD Secretary General Angel Gurria says that the U.S. Federal Reserve will raise interest rates gradually; the only question is when it starts. He also said the Chinese economy is adjusting to a more "sustainable cruising speed". He spoke with Bloomberg's Ryan Chilcote at a meeting of G20 finance ministers in Ankara on "the Pulse."
  • Russia and Venezuela Address Oil Price Slump
  • Stocks on Pace for 2nd Worst Weekly Decline of Year
  • Star Wars Fans Line Up for 'Force Friday'