January 8, 2019

India’s top court backs Monsanto on GM cotton payments

India’s Supreme Court ruled on Tuesday that U.S. seed maker Monsanto can claim patents on its genetically modified (GM) cotton seeds in the world’s biggest producer […]
January 8, 2019

Group close to India’s ruling party seeks change in patent act after pro-Monsanto court verdict

A nationalist group close to Indian Prime Minister Narendra Modi’s party said on Tuesday it would seek a legislative amendment to the rules governing patents, after […]
January 8, 2019

LG Elec sees 80 percent drop in fourth-quarter profit; analysts point to thinning TV margins

South Korea’s LG Electronics Inc said on Tuesday its fourth-quarter operating profit likely plummeted 80 percent from the same period a year earlier, falling well below […]
January 8, 2019

Statement by ex-Nissan chairman Carlos Ghosn in Tokyo court

The following are prepared remarks by Carlos Ghosn, ex-chairman of Nissan Motor Co, for his court appearance in Tokyo on Tuesday regarding allegations against him of […]
January 8, 2019

Samsung Elec says weak chip demand pushed Q4 profit well below market estimates

Samsung Electronics surprised the market on Tuesday with an estimated 29 percent drop in quarterly profit, blaming weak chip demand in a rare commentary issued to […]
January 8, 2019

Nissan’s Ghosn claims innocence in first appearance since November arrest

Nissan Motor Co Ltd’s ousted Chairman Carlos Ghosn declared he was innocent on Tuesday in his first public appearance since his arrest in November, telling a […]
January 8, 2019

Asian shares propped up by hopes for Sino-US trade deal, cautious Fed

Most Asian shares were propped up on Tuesday by hopes that Washington and Beijing may be inching towards a trade deal and that U.S. Federal Reserve […]
January 8, 2019

Lilly makes $8 billion bet on drugs for rare cancers with Loxo Oncology buy

Eli Lilly said on Monday it will buy Loxo Oncology Inc for $8 billion, an expensive bet on a pipeline of cancer drugs that target rare […]
January 8, 2019

SoftBank to invest additional $2 billion in WeWork: sources

SoftBank Group Corp will inject another $2 billion in WeWork Cos Inc this year, bringing the Japanese conglomerate’s total investment in the office space provider to […]
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