Novartis Profit Beats Estimates, Signals Return to Growth
Novartis AG reported higher-than-expected profit last quarter as newer cancer medicines offset the aging blockbuster Entresto’s loss of…
Rio Walks Away From Glencore Mega Merger on Price Impasse
Rio Tinto Group is walking away from talks to acquire Glencore Plc after the two sides failed to…
ABB enables thermal mass flow measurement in safety critical applications with SIL 2 certification
ABB’s SensyMaster flowmeter now delivers verified thermal mass flow measurement for the chemicals, oil and gas, power and…
Workers Set to Strike at Glencore’s Australian Copper Plant
Workers at Glencore Plc’s Australian copper refinery have threatened to strike from Friday, after failing to reach an…
Roche to Pay Nurix Up to $2.3 Billion for Experimental Cancer Drug Rights
Roche Holding AG agreed to pay Nurix Therapeutics Inc. as much as $2.3 billion for rights to an…
Vitol Wins Namibia Fuel Supply Contract as Critics Question Transparency
Namibia’s decision to arrange an emergency fuel-supply deal with Vitol Group has raised questions in the country, including…
Roche Chair Accuses US Government of Drug Price ‘Blackmail’
Roche Holding AG Chairman Severin Schwan accused the US government of using heavy-handed tactics over drug prices and…
Nestle Buys Out Yfood Founders in New CEO’s First Purchase
Nestle SA is taking full control of ready-to-drink meal maker yfood Labs GmbH, bolstering the company’s push into…
Glencore Venture Cancels Ferrochrome Job Cuts on Power Discount
Glencore Plc’s South African ferrochrome venture has canceled planned job cuts after securing approval for lower electricity tariffs,…
Beazley Rejects Zurich Insurance’s £7.7 Billion Takeover Bid
Beazley Plc has rejected Zurich Insurance Group AG’s £7.7 billion ($10.3 billion) takeover approach, the latest twist in…
UBS Loses Middle East Wealth Bankers It Hired Two Years Ago
UBS Group AG has lost several senior wealth management bankers in the Middle East less than two years…
Vitol Offers Iraqi Basrah Crude Outside Hormuz as Shipments Exit Gulf
Vitol Group is offering Iraqi Basrah crude to customers, people with knowledge of the matter said, in a…