American International Group is contemplating sale of its 15 businesses in order to repay the USD 85 billion government loan

USA economic data

August PCE Core m/m +0.2% vs +0.2% consensus, y/y +2.6% vs +2.4% consensus

August Personal Income +0.5% vs +0.2% consensus

August Personal Spending 0.0% vs +0.2% consensus

August PCE Deflator +4.5% vs +4.5% consensus

Piramal Life Sciences, part of the Piramal Group of companies, has received regulatory approval for initiation of Phase I study of a new cancer molecule P-1446A-05 in Canada`.