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Walgreens to close about 200 stores in United States

Walgreens Boots Alliance Inc said on Tuesday it plans to close about 200 U.S. stores and expects to record related pre-tax charges of between $1.9 billion and $2.4 billion.



5 years ago

FDA says some data testing Novartis' $2 million gene therapy was manipulated

The U.S. Food and Drug Administration said on Tuesday that some data from early testing of Novartis' more than $2 million gene therapy Zolgensma was manipulated, but the agency believes the treatment should remain on the market.



5 years ago

U.S. FDA says some data testing Novartis' $2 million gene therapy was manipulated

The U.S. Food and Drug Administration said on Tuesday that some data from early testing of Novartis' more than $2 million gene therapy Zolgensma was manipulated, but the agency believes the treatment should remain on the market.



5 years ago

Disney earnings miss forecasts as costs rise for its streaming future

Walt Disney Co reported a steeper earnings decline than Wall Street expected on Tuesday as the company poured money into its ambitious plunge into streaming media and began folding in assets purchased from Twenty-First Century Fox.



5 years ago

Trump dismisses fears of long-lasting trade war; China sees severe global impact

U.S. President Donald Trump dismissed fears of a protracted trade war with China on Tuesday despite a warning from Beijing that labeling it a currency manipulator would have severe consequences for the global financial order.



5 years ago

New York retail icon Barneys files for bankruptcy

Barneys New York Inc filed for bankruptcy protection on Tuesday and put itself up for sale, pushed to the brink by falling revenue and soaring rent at its stores that caused many vendors to effectively stop shipping merchandise to the luxury department store chain.



5 years ago

Walmart says Mexico same-store sales rise 2.2% in July

Walmart de Mexico, Mexico's biggest retailer, said on Tuesday that sales at stores open for more than a year in Mexico rose by 2.2% in July compared to the same month last year.



5 years ago

Twitter says it may have used user data for ads without permission

Twitter Inc said on Tuesday that it may have used data for personalized ads without a user's permission due to issues with the microblogging website's settings.



5 years ago

Disney to bundle Disney+, Hulu, ESPN+ at popular Netflix price

Walt Disney Co on Tuesday said it would offer a $13-per-month bundle of its three streaming services starting in November, a move to attract audiences who have embraced digital services such as Netflix Inc .



5 years ago

Fragile calm returns to stock markets as yuan steadies

Asian shares steadied slightly on Wednesday as investors caught their breath from a searing week-long selloff, with steps taken by Chinese authorities to contain a sliding yuan helping calm fears of a full-blown Sino-U.S. trade and currency war.



5 years ago

Oil prices steady, U.S.-China trade dispute remains in focus

Oil prices steadied on Wednesday after falling at the start of the session, with the potential for damage to the global economy and fuel demand from the intensifying Sino-U.S. trade dispute continuing to cast a shadow over the market.



5 years ago

U.N. members sign mediation convention to settle trade disputes

Members of the United Nations on Wednesday signed the Singapore Convention on Mediation, an agreement it hopes will make it easier to settle cross-border commercial disputes and stabilise trade relationships.



5 years ago

Asia stocks hit six-month low as investors flee to safety, yuan slumps

Asian shares suffered their steepest daily drop in nine months on Monday, as Sino-U.S. trade friction sent the yuan slumping to a more than decade trough and stampeded investors into safe harbors including the yen, bonds and gold.



5 years ago

Subaru first-quarter profit climbs 48% on strong U.S. SUV sales

Subaru Corp reported a 48% increase in first-quarter operating profit on Monday as global sales grew, led by demand for the Ascent and Forester SUVs in the United States.



5 years ago

HSBC CEO Flint leaves abruptly after only 18 months in role

HSBC announced the shock departure of Chief Executive Officer John Flint after just 18 months in the role, saying the bank needed a change at the top to address "a challenging global environment".



5 years ago