December 19, 2018

Bristol-Myers gets $1.6 billion offer for French consumer health unit

Bristol-Myers Squibb Co received an offer from Japanese healthcare firm Taisho Pharmaceutical Holdings Co Ltd to buy the company’s French over-the-counter drugs business UPSA for $1.6 […]
December 19, 2018

Estonia makes first arrests over Danske money laundering

Estonia has made its first arrests in one of the biggest money laundering scandals in history involving Denmark’s Danske Bank , detaining 10 former employees at […]
December 19, 2018

Italy’s transport minister says he would like to revoke Autostrade concession

Italy’s Transport Minister Danilo Toninelli said on Wednesday that he would like to revoke motorway concessions held by Autostrade per l’Italia after the collapse of a […]
December 19, 2018

Drugmaker GSK to split after folding in Pfizer consumer unit

GlaxoSmithKline plans to split into two businesses — one for prescription drugs and vaccines, the other for over-the-counter products — after forming a new joint venture […]
December 19, 2018

Indian drug inspectors seize Johnson & Johnson Baby Powder samples: source

Drug inspectors have seized samples of Johnson & Johnson Baby Powder from a factory in northern India, an industry source said on Wednesday, following a Reuters […]
December 19, 2018

Fed expected to raise rates, may signal fewer hikes ahead

The U.S. Federal Reserve is expected to raise interest rates on Wednesday, but may cut the number of hikes it anticipates next year and signal an […]
December 19, 2018

SoftBank telco suffers rare Japan drop on debut after record IPO

SoftBank Corp shares slumped more than 12 percent on debut, as investor appetite for Japan’s biggest ever IPO was hurt by a recent service outage at […]
December 19, 2018

Elon Musk’s Boring Company set to unveil its first Los Angeles-area tunnel

The Boring Company, Elon Musk’s underground transit venture, planned an unveiling of its first tunnel on Tuesday, two years after the billionaire entrepreneur complained about Los […]
December 19, 2018

Oil prices climb after tumble on hint markets stabilizing

Oil prices rebounded on Wednesday after falling for the past three sesssions with worries about oversupply and a slowing global economy keeping markets under pressure though […]
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