Teva to pay $225 million fine and divest cholesterol drug to settle price-fixing charges
Teva Pharmaceuticals agreed to pay more than $200 million in fines and divest a key generic drug treating cholesterol to settle price-fixing charges from the US Department of Justice, the agency announced Monday.
2023-08-22 06:16
Zoom shares jump as CEO says company to develop and deploy AI tools
Shares of Zoom jumped in after-hours trading Monday after the company said it expects to rake in stronger-than-expected earnings in the rest of this fiscal year.
2023-08-22 05:51
Domino's Pizza signals closure of Russian business
The franchise owner says it will place its Russian business into bankruptcy.
2023-08-22 00:21
Stores are leaving San Francisco. Ikea is opening there this week
Ikea is opening a new store in downtown San Francisco Wednesday, bucking the trend of retailers closing in the city.
2023-08-21 23:50
Analysis-Shippers bet on green methanol to cut emissions, supply lags
By Jeslyn Lerh and Jacob Gronholt-Pedersen SINGAPORE/COPENHAGEN Container shippers are ordering vessels powered by methanol to reduce greenhouse
2023-08-21 21:50
Domino's Pizza will close all 142 stores in Russia
Domino's Pizza will close all its outlets in Russia, becoming one of the first major Western fast-food chains to exit the country since McDonald's and Starbucks left more than a year ago.
2023-08-21 21:30
Continental considering sale of ContiTech's car division - manager magazin
BERLIN German auto parts supplier Continental is considering the sale of the car division bundled within ContiTech, manager
2023-08-21 20:29
Is David Solomon on his way out at Goldman Sachs? The CEO whisperer weighs in
David Solomon, CEO and president of Goldman Sachs, is getting bad press — a lot of bad press.
2023-08-21 20:26
Historic drought, hot seas slow Panama Canal shipping
By Lisa Baertlein and Marianna Parraga LOS ANGELES/HOUSTON Before the Ever Max ship carrying lava lamps, sofas, Halloween
2023-08-21 18:15
Analysis-China LNG buyers expand trading after adding more US, Qatari contracts
By Chen Aizhu, Emily Chow and Marwa Rashad SINGAPORE/LONDON China's liquefied natural (LNG) gas importers are starting up
2023-08-21 13:48
Beset by domestic economic woes, China's Xi visits South Africa in just his second trip abroad this year
Chinese leader Xi Jinping heads to South Africa Monday on a trip intended to bolster Beijing's influence among developing and emerging nations, as ties with the United States remain deeply strained and economic troubles bubble up at home.
2023-08-21 09:50
Singapore Telecommunications' first-quarter profit falls 23%
Singapore Telecommunications on Monday reported a 23% decline in its first-quarter net profit owing to a one-off loss
2023-08-21 07:29