Drugmaker Indivior Plc said on Thursday its former parent Reckitt Benckiser's $1.4 billion settlement with authorities in the United States was separate to its ongoing legal proceedings.
Europe's early stocks rally faded and global bond yields rose after jitters over corporate earnings and trade doused an early rally fueled by enthusiasm over Federal Reserve Chairman Jerome Powell cementing rate cut expectations.
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For those who don't see China trade war hurting U.S. business, a $17 billion industrial distributor just sounded alarms on tariffs costs and related inflation.
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Maoyan Entertainment , China's leading movie-ticketing platform, said it would boost investment in the domestic film industry and deepen its partnership with Tencent Holdings Ltd , as it works to halt a downturn at cinemas.
Asian shares pulled ahead on Wednesday while rising Treasury yields lifted the dollar as investors waited anxiously to hear if the world's most powerful central banker would confirm or confound expectations for U.S. easing this month.
British billionaire and inventor of the bagless vacuum cleaner James Dyson has bought the most expensive apartment in Singapore, where his company plans to build an electric car.
Apple Inc has started a program in Shanghai to help Chinese developers create apps as part of the iPhone maker's efforts to build out its services business in one of its most critical overseas markets.
The U.S. Federal Reserve over the course of its 105-year history has changed monetary policy in reaction to property crashes, war, financial bubbles and policymakers' gut instincts about where the economy was heading.
Elliott Management Corp, Paul Singer's $35 billion hedge fund, has outspent all rivals in pushing for corporate changes like spin-offs, mergers, and management overhauls this year.
Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs in the Gulf of Mexico ahead of a brewing storm.
Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs in the Gulf of Mexico ahead of a brewing storm.
China's exports likely fell in June as weakening global demand and a sharp hike in U.S. tariffs took a heavier toll on the world's largest trading nation, a Reuters poll showed.