Business & Finance News
U.S. District Judge Thomas Hogan on Friday approved a deal to resolve the Justice Department’s probe into charges airplane Airbus SE violated anti-bribery laws and export controls.
Eli Lilly and Co on Friday priced its acute migraine treatment at $640 for a pack of eight pills and said it will be made available in pharmacies in the next few days.
Delta Air Lines Inc said Friday it will temporarily suspend all remaining U.S.-China flights after the U.S. State Department elevated a travel advisory over concerns about the coronavirus.
The Brazilian unit of German automaker Mercedes-Benz sees overall domestic truck sales rising by 18% to 120,000 units this year, according to a company presentation on Friday.
As Bayer AG tries to settle U.S. lawsuits claiming that its weedkiller Roundup causes cancer, the company is considering a proposal that would bar plaintiffs’ lawyers involved in the litigation from advertising for new clients, according to a person familiar with the matter.
Financial markets have gone swiftly from nonchalance to awe in reacting to the fast-spreading 2019-nCoV or new coronavirus https://graphics.reuters.com/CHINA-HEALTH-MAP/0100B59S39E/index.html.
There is no stopping Amazon.com’s revenue growth, Wall Street analysts said on Friday.
Canadian billionaire Lawrence Stroll and investors have rescued Aston Martin with a 500 million pound cash injection that analysts say will help stabilize the British carmaker whose first sport utility vehicle (SUV) is set to hit the road.
Japan’s Nidec Corp plans to more than treble its revenue over the next five years by focusing on electric vehicle powertrains and buying specialists in motor technologies, two people familiar with the matter told Reuters.
Oil prices fell on Friday and were on track for a fourth consecutive weekly loss, as markets grew more concerned about the economic damage of the new coronavirus that has spread from China to around 20 countries, killing more than 200 people.
Chevron Corp swung to a fourth-quarter loss on $10.4 billion in charges as it stepped up efforts to cull unprofitable assets amid weak oil and gas prices.
European planemaker Airbus will pay 3.592 billion euros ($3.98 billion) to settle corruption probes by U.S., British and French authorities into contract dealings, France’s financial prosecutor said on Friday.
WASHINGTON (Reuters – U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this year.
Funds increased their preference for stocks to a two-year high at the expense of bonds and cash holdings in their model global portfolio recommendations this month in a Reuters poll, despite world share markets struggling on the coronavirus breakout.
European planemaker Airbus will pay 3.592 billion euros ($3.98 billion) in global corruption fines once settlements are reached, France’s financial prosecutor said on Friday.
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