SHANGHAI – As Novo Nordisk (NYSE: NVO) and Eli Lilly (NYSE: LLY) expand sales of their popular diabetes and weight-loss […]
In Weight Loss Battle, Novo and Lilly Face Growing Offensive from Licensed Copies Read More »
On Thursday, Conagra Brands (NYSE: CAG) joined rival General Mills (NYSE: GIS) in trimming its annual profit forecast and warning […]
WASHINGTON – The International Monetary Fund views Wednesday’s Federal Reserve interest rate cut and adoption of a more cautious outlook […]
IMF Says Fed Taking Appropriate Action on Rates Given High US Uncertainty Read More »
TOKYO – Some unions are born of necessity, others from convenience. In the case of Honda Motor (NYSE: HMC) and […]
Behind a Potential Honda and Nissan Tie-Up, The Existential Threat Posed by Chinese EVs Read More »
BRUSSELS – On Wednesday, Apple (NASDAQ: AAPL) hit out at Meta Platforms (NASDAQ: META), saying its numerous requests to access […]
Apple Hits Out at Meta’s Numerous Interoperability Requests Read More »
On Wednesday, the U.S. Department of Justice announced a lawsuit accusing CVS Health (NYSE: CVS) of filling and billing federal […]
US Accuses CVS of Filling, Billing Government for Illegal Opioid Prescriptions Read More »
WASHINGTON – On Wednesday, U.S. central bankers issued fresh projections calling for two quarter-point interest-rate cuts next year amid rising […]
Fed Policymakers Project Two Quarter-Point Rate Cuts Next Year Read More »
ABUJA – Shell (NYSE: SHEL) has received approval from Nigeria’s oil minister for the sale of $2.4 billion in onshore […]
Shell Secures Approval for $2.4 Billion Nigeria Asset Sale to Renaissance Read More »
On Wednesday, the Dutch Data Protection Authority (DPA) said it fined Netflix (NASDAQ: NFLX) 4.75 million euros ($4.98 million) for […]
Dutch Watchdog Fines Netflix for Lack of Data Transparency Read More »
On Tuesday, HSBC Holdings (NYSE: HSBC) appointed insider John Shipman as interim CEO of its Swiss Private Bank and country […]
HSBC Appoints Insider John Shipman as Interim CEO of Swiss Private Bank Read More »
WASHINGTON – U.S. business inventories edged up in October as modest increases in stocks at retailers and wholesalers were partially […]
US Business Inventories See Slight Uptick in October Read More »
Japanese auto giants Honda Motor (NYSE: HMC) and Nissan Motor will start negotiations to merge as they face growing competition […]
Honda and Nissan to Begin Merger Talks, Nikkei Reports Read More »
OSLO – Equinor (NYSE: EQNR) and partners have agreed to join two planned offshore wind projects in Britain into one […]
Equinor, Partners Merge Two Planned UK Offshore Wind Projects Read More »
NEW YORK – The Nasdaq closed at a record high on Monday and the S&P 500 also rose as investors […]
Nasdaq Closes at Record as Investors Prepare for Fed Rate Decision Read More »
Berkshire Hills Bancorp (NYSE: BHLB) and Brookline Bancorp (NASDAQ: BRKL) have agreed to merge in an all-stock deal valued at […]
WASHINGTON – Dreanda Cordero reentered the job market this year after a five-year break to raise three children, landing a […]
Fed Sees a Glimmer that Recent US Productivity Gains May Last Read More »
All regulatory closing conditions related to Novo Holdings’ $16.5 billion acquisition of U.S. contract drug maker Catalent (NYSE: CTLT) had […]
STOCKHOLM/LONDON – Novo Nordisk (NYSE: NVO), the Danish drugmaker, will invest 8.5 billion crowns ($1.20 billion) in a new facility […]
Novo Nordisk to Invest $1.2 Billion in New Rare Disease Drugs Plant in Denmark Read More »
WASHINGTON – The chair and top Democrat on a U.S. House of Representatives committee on China told the CEOs of […]
US Lawmakers Tell Apple, Google to be Ready to Remove TikTok from App Stores January 19 Read More »
LISBON – Carlos Tavares, who abruptly resigned as CEO of carmaker Stellantis (NYSE: STLA) on December 1, said his “amicable” […]
Carlos Tavares: ‘Amicable’ Stellantis Exit was Due to Disagreements on Strategy Read More »
HONG KONG – Global private equity firms Blackstone (NYSE: BX) and Bain Capital (NYSE: BCSF) are among the final bidders […]
WASHINGTON – The rate on the popular U.S. 30-year fixed-rate mortgage will average around 6.0% next year and help to […]
Realtors Group Forecasts US 30-Year Fixed-Rate Mortgage Averaging 6% in 2025 Read More »
The two executives leading Intel (NASDAQ: INTC) after the ouster of its chief executive said on Thursday that the company […]
Intel Executives Say Manufacturing Spinoff is Possible Read More »
TURIN – Stellantis (NYSE: STLA) will be compliant with European Union targets for 2025 intermediate carbon reduction, aiming to increase […]
Stellantis Will be Compliant with 2025 EU Carbon Rules, Carmaker’s Europe Chief Says Read More »
