Articles by admin

General Motors Co is bracing for attacks from Democratic presidential candidates at two debates that begin on Tuesday in Detroit near its headquarters.

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Mylan NV’s planned merger with Pfizer Inc’s off-patent branded drugs business may have boosted its share price on Monday, but one of its most pressing problems remains: shortages of its flagship EpiPen emergency allergy treatment.

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Beyond Meat Inc saw shares sink on Monday on plans for another stock offering just three months after its IPO while demand for its plant-based burgers and sausages soared in the second quarter and prompted an increase in its full-year sales forecast.

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The Federal Trade Commission in June issued civil subpoenas to Johnson and Johnson as part of an investigation of whether contracting practices for its blockbuster rheumatoid arthritis drug, Remicade, violated antitrust laws, the company said in a regulatory filing on Monday.

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The British pound touched its lowest level in over two years against the dollar after Prime Minister Boris Johnson said a hard divorce from the EU was in the cards, while stocks dipped globally with Wall Street backing off record highs.

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Beyond Meat Inc on Monday said demand for its plant-based burgers and sausages soared in the second quarter and prompted an increase in its full-year forecast but shares tumbled when the company announced plans for a stock offering.

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Beyond Meat Inc beat second-quarter revenue estimates and raised its full-year forecast on Monday, as the company’s plant-based burgers and sausages saw booming demand with consumers looking to try meat alternatives.

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U.S. stocks stepped back from peak levels on Monday as investors took a breather as they anticipated a U.S. Federal Reserve interest rate cut this week and looked for signs of progress from U.S.-China trade negotiations, currently under way in Shanghai.

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Ride-hailing company Uber Technologies Inc said on Monday it laid off 400 people globally from its marketing team.

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Germany’s Bayer AG , which completed the takeover of U.S.-based Monsanto last year, has been dealt a legal blow in Brazil as more farmers joined a lawsuit challenging the protection of a key soy seed patent.

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Citigroup is combining its stock trading business with its prime brokerage unit, which caters to hedge funds, private equity firms and other investors.

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State Bank of India (SBI) has tightened lending terms dramatically for auto dealerships, according to a source and an internal memo seen by Reuters, seeking to reduce its exposure to risk from a sector in the midst of a sharp downturn.

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The British pound touched its lowest against the dollar in over two years after Prime Minister Boris Johnson said a hard divorce from the EU was in the cards, while stocks dipped globally on Monday after last week hitting their highest in five months.

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Investment firm Cat Rock on Monday lauded Amsterdam-based Takeaway.com’s deal to buy Just Eat in an 8.2 billion pound ($10.05 billion) deal to create one of the world’s largest online food delivery firms.

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Amsterdam-based Takeaway.com has agreed to buy Just Eat in an 8.2 billion pound ($10.1 billion) deal to create the world’s largest online food delivery firm outside China in a race to rule the $100 billion market.

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