Gilead invests $5 billion to deepen ties with biotech Galapagos
(Reuters) – U.S. antiviral drugmaker Gilead Sciences (GILD.O) will invest $5.1 billion in a major expansion of its partnership with…
Volkswagen zooms ahead in extension of alliance with Ford to electric, automated cars
, NEW YORK (Reuters) – Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE) said they will spend billions of dollars…
AB InBev pulls Budweiser listing, canceling year’s largest IPO
HONG KONG/NEW YORK/BRUSSELS (Reuters) – Anheuser-Busch InBev said on Friday it will not proceed with the planned listing in Hong…
Indivior says Reckitt settlement in U.S. unrelated to its cases
(Reuters) – Drugmaker Indivior Plc said on Thursday its former parent Reckitt Benckiser’s $1.4 billion settlement with authorities in the…
Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes
(Reuters) – Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals…
Oil falls on dim OPEC demand outlook, pares gains from Gulf of Mexico storm
NEW YORK (Reuters) – Oil prices fell on Thursday as OPEC forecast slower demand for its crude next year, with…
European startups navigate long, winding road to self-driving future
OXFORD, England (Reuters) – Far from the sunny, wide streets of Phoenix, where Waymo’s self-driving taxis ply their trade, a…
Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes
(Reuters) – Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals…
Lawmakers seek scientific review of plan to tightly regulate all fentanyl copycats
WASHINGTON (Reuters) – Lawmakers on the U.S. Senate Judiciary Committee have urged the Trump administration to conduct a scientific review…
White House scraps key plan to lower U.S. drug prices; may target drugmakers
NEW YORK/WASHINGTON (Reuters) – The Trump administration on Thursday scrapped one of its most ambitious proposals for lowering prescription medicine…
Juror urges U.S. judge to uphold $80 million Roundup verdict against Bayer
(Reuters) – A juror who was part of a panel that delivered an $80 million award against Bayer AG after…
Appeals court panel grills Democratic defenders on constitutionality of Obamacare
NEW ORLEANS (Reuters) – A federal appeals court panel grilled Democratic attorneys general on Tuesday about whether Obamacare violates the…
Trump administration drug officials clash over how to combat fentanyl copycats
WASHINGTON (Reuters) – Trump administration officials are divided over part of a proposal to crack down on illicit versions of…
France will end healthcare refunds for homeopathic drugs
PARIS (Reuters) – France will end social security reimbursements for homeopathic drugs and the new policy – which has drawn…
Obamacare’s future in play as U.S. appeals court weighs its constitutionality
NEW ORLEANS (Reuters) – The future of Obamacare could be at stake on Tuesday when a group of Democratic-led states…
France will end healthcare refunds for homeopathic drugs – minister
FILE PHOTO: Agnes Buzyn, French Minister for Solidarity and Health arrives for a meeting at the Elysee Palace in Paris,…
Novartis to sell epinephrine shot in U.S. pharmacies amid EpiPen shortage
(Reuters) – Novartis AG (NOVN.S) said on Tuesday it would make its generic pre-filled epinephrine shots immediately available in local…
Novartis to sell epinephrine injector in U.S. pharmacies amid EpiPen shortage
FILE PHOTO: EpiPen auto-injection epinephrine pens manufactured by Mylan NV pharmaceutical company for use by severe allergy sufferers are seen…
WHO keeps key lung cancer drugs off its essential medicines list
GENEVA/ZURICH (Reuters) – Immunotherapies that have emerged as a breakthrough in treating lung cancer have been rejected for inclusion on…
UK competition regulator puts brake on Amazon’s Deliveroo deal
(Reuters) – Britain’s competition regulator has stepped in to pause Amazon’s (AMZN.O) deal with online food delivery group Deliveroo while…
Mexico and U.S. try new trade fix to win over Democrats: official
MEXICO CITY (Reuters) – Mexico is working closely with U.S. Trade Representative Robert Lighthizer to close a loophole in the…
Fed faces tougher task in deciding whether to cut U.S. rates
NEW YORK (Reuters) – U.S. employers are hiring workers, but that is only making the Federal Reserve’s job harder. On…
Oil prices rise on Iran tensions, OPEC output cuts
NEW YORK (Reuters) – Oil futures rose on Friday as tensions over Iran and an extension to output cuts by…
Boxing with giants: Italy’s packing robots are not just cardboard cutouts
(This June 28 story corrects Romaco’s nationality to German, not Italian, in paragraph 17) By Silvia Aloisi CITTÀ DI CASTELLO,…
Warning light flashing for Slovakia’s auto industry
BRATISLAVA/PRAGUE (Reuters) – When David landed an assembly line job at Volkswagen’s (VOWG_p.DE) Bratislava factory, his colleagues congratulated him on…
Amazon founder Bezos’ divorce final with $38 billion settlement: report
FILE PHOTO: 2018 Vanity Fair Oscar Party – Arrivals – Beverly Hills, California, U.S., 04/03/2018 – Amazon CEO Jeff and…
U.S. job growth surges, July rate cut expectations intact
WASHINGTON (Reuters) – U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and…
Weed ban means no Rocky Mountain high for Canada’s Calgary Stampede
CALGARY, Alberta (Reuters) – Canada’s Calgary Stampede, known as the country’s biggest and booziest annual party, is banning the use…
Ethiopian crash families criticize Boeing over donation plan
NAIROBI (Reuters) – The families of victims of an Ethiopian air disaster on Thursday criticized Boeing’s plan to donate $100…
Irish regulator opens third privacy probe into Apple
FILE PHOTO: An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough…
Facebook campus given all-clear after sarin scare
SAN FRANCISCO (Reuters) – Facebook Inc’s (FB.O) Silicon Valley campus received the all-clear on Tuesday after fears that a package…
Kering crown jewel Gucci banks on high-end gems for growth
PARIS (Reuters) – Gucci, the luxury brand that powers most of parent Kering’s (PRTP.PA) profits, made its first steps in…
Rich get richer, everyone else not so much in record U.S. expansion
NEW YORK (Reuters) – Last month Pink Floyd frontman David Gilmour sold his guitar collection for $21.5 million, including one…
U.S. June sales a mixed bag for automakers; SUVs, trucks still strong
(Reuters) – Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still…
EU leaders choose France’s Lagarde for ECB after marathon summit
BRUSSELS/STRASBOURG (Reuters) – European Union leaders agreed on Tuesday to name France’s Christine Lagarde as the new head of the…
Tesla delivers record number of electric cars in quarter, shares up 7%
SAN FRANCISCO (Reuters) – Tesla Inc (TSLA.O) set a record for quarterly vehicle deliveries in a triumphant response to months…
After explosions, Brazil power transmission companies remove GE equipment
SAO PAULO (Reuters) – After an unusual number of explosions, several Brazilian power transmission companies have started removing a piece…
Trump says China trade talks ‘back on track,’ new tariffs on hold
OSAKA (Reuters) – The United States and China agreed on Saturday to restart trade talks after President Donald Trump offered…
Exxon quarterly profit to feel pinch of weaker natural gas, chemical earnings
(Reuters) – Exxon Mobil Corp (XOM.N) said on Monday lower natural gas and chemical margins in its second quarter would…
U.S. recorded 18 new cases of measles last week
FILE PHOTO: Lead medical assistant Fengmei Lin holds a vial of the measles, mumps, and rubella virus (MMR) vaccine at…
U.S. states sue EPA for stricter asbestos rules
(Reuters) – Ten U.S. states and Washington, D.C. sued the Environmental Protection Agency to begin working on rules to tighten…
Deutsche Bank in wealth management hiring spree
LONDON (Reuters) – Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by…
From shrimp to fake eyelashes, social media sales soar in Facebook-friendly Thailand
SATUN, Thailand (Reuters) – The son of a Thai fisherman, Anurak Saruethai never really took to life at sea. But…
Theranos founder Elizabeth Holmes, top deputy ordered to stand trial in 2020
LOS ANGELES (Reuters) – Theranos founder Elizabeth Holmes and her former second-in-command at the Silicon Valley blood-testing startup were ordered…
India asks its states not to partner with Philip Morris-funded foundation
NEW DELHI (Reuters) – India’s health ministry has asked all state governments in the country not to partner with the…
Deutsche Bank board to meet July 7 to decide on cutting jobs: sources
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo FRANKFURT (Reuters) –…
U.S. banks play cat-and-mouse game with Fed on capital returns
NEW YORK/WASHINGTON (Reuters) – An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to…
Trump prepares for ‘productive’ talks with Xi on trade war
OSAKA (Reuters) – U.S. President Donald Trump on Friday said he hoped for productive talks with Chinese President Xi Jinping…
Oil prices mixed ahead of U.S. crude stock data
HOUSTON (Reuters) – Oil prices were mixed on Tuesday ahead of data expected to show U.S. crude stocks declining, outweighing…
Fed pushes back on aggressive U.S. rate cut views
NEW YORK (Reuters) – Federal Reserve officials on Tuesday pushed back on market expectations and presidential pressure for the central…
Disney poaches Netflix film executive for streaming service
FILE PHOTO: The entrance gate to The Walt Disney Co is pictured in Burbank, California February 5, 2014. REUTERS/Mario Anzuoni…
Exclusive: In a world first, Facebook to give data on hate speech suspects to French courts
PARIS (Reuters) – In a world first, Facebook has agreed to hand over the identification data of French users suspected…
Micron says some Huawei shipments resumed, shares rise
(Reuters) – Micron Technology Inc said it had resumed some microchip shipments to Huawei Technologies Co Ltd and still expects…
U.S. pork lobby says regulatory changes needed after Trump biotech order
CHICAGO (Reuters) – The U.S. pork lobby said on Tuesday more must be done to simplify regulations for genetically altered…
Oklahoma judge approves Teva’s $85 million opioid settlement
(Reuters) – An Oklahoma judge on Monday approved a revised $85 million (£66.7 million) settlement with Teva Pharmaceutical Industries Ltd…
Alphabet commits to data privacy in Toronto smart city master plan
TORONTO (Reuters) – A high-tech smart city project proposed along Toronto’s waterfront by Alphabet Inc unit Sidewalk Labs has pledged…