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Emirates chief commercial officer resigns
Emirates chief commercial officer Thierry Antinori has resigned, an airline spokeswoman said on Sunday.
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U.S. bargaining power won’t improve if China trade war intensifies: Global Times editorial
China’s nationalist Global Times tabloid said in an editorial on Sunday that the United States would not have more bargaining chips at the negotiation table with China once the trade war intensifies.
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Germany’s Thyssenkrupp agrees restructuring approach with labor leaders
Management and labor leaders at Germany’s Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive that could lead to the loss of 6,000 jobs.
Business News
China still ‘cautiously optimistic’ on U.S. trade talks despite new tariffs
China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said as U.S. President Donald Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China.
Business News
U.S. states accuse Teva, other drugmakers, of price-fixing -lawsuit
U.S. states filed a lawsuit accusing Teva Pharmaceuticals USA Inc of orchestrating a sweeping scheme with 19 other drug companies to inflate drug prices – sometimes by more than 1,000% – and stifle competition for generic drugs, state prosecutors said on Saturday.
Business News
Teva, other drug companies accused in sweeping U.S. price-fixing scheme: lawsuit
U.S. states filed a lawsuit accusing 20 drug companies including Teva Pharmaceuticals USA Inc of a sweeping scheme to inflate drug prices – sometimes by more than 1,000 percent – and stifle competition for generic drugs, state prosecutors said on Saturday.
Business News
U.S. states sue Teva, 19 other drug companies in price-fixing complaint
Forty-four U.S. states have filed a lawsuit accusing 20 drug companies including Teva Pharmaceuticals USA Inc of a sweeping scheme to inflate drug prices and stifle competition for more than 100 generic drugs, state prosecutors said on Saturday.
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What Poland Can Teach You About Investing
There’s a Polish saying I love: “Jakoś to będzie.” It means something along the lines of “It’ll be alright.”
It might sound like passive resignation, but it refers to optimism in the face of adversity. And it suits modern Poland perfectly.
When the Soviet Union fell in 1989, Poland was free for the first time in decades.
But its economy was in shambles. Its currency was less than worthless. It would have been easy to despair.
Instead the Poles put “Jakoś to będzie” into practice and chose optimism. They aggressively liberalized the country, embracing free market principles.
Poland became Europe’s fastest-growing economy. It avoided the …read more […]
Business News
Bayer says won’t tolerate unethical behavior as France probes Monsanto file
Bayer said on Saturday it did not accept “unethical behavior” following a French investigation into a suspected file assembled by the German company’s seed making unit Monsanto to influence various personalities in France.
Business News
Thyssenkrupp agrees restructuring approach with labor leaders
Management and labor leaders at Germany’s Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive that could lead to the loss of 6,000 jobs.
Business News
Exclusive: China’s BAIC seeks to buy 5 percent Daimler stake – sources
China’s BAIC Group is seeking to buy a stake of up to 5 percent in Daimler as a way to secure its investment in Chinese Mercedes-Benz manufacturing company Beijing Benz Automotive, three sources familiar with the matter told Reuters.
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Insys says it may be forced to file for bankruptcy due to litigation cash crunch
Insys Therapeutics Inc said on Friday that a cash crunch resulting from legal costs related to a U.S. Justice Department probe into sales practices for the company’s powerful opioid medication and other litigation may lead the company to file for bankruptcy and prevent it from completing its settlement deal with the Justice Department.
Business News
China, U.S. to hold more trade talks as Trump ratchets up tariff threat
China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as U.S. President Donald Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China.
Business News
U.S. says Huawei lawyer’s prior work at Justice Department poses conflicts
Huawei Technologies Co Ltd lawyer James Cole’s prior work at the U.S. Department of Justice created conflicts of interest that should disqualify him from defending the Chinese company in a case of alleged bank fraud and sanctions violations, U.S. prosecutors said in a filing on Friday.
Business News
China state media says three main differences remain in U.S. trade talks
Three main differences remain in the China-U.S. trade talks, including the removal of all the additional tariffs, Chinese state media said on Saturday, following the end of the latest round of negotiations in Washington.