Swiss drugmaker Novartis names new drug division head
Swiss pharmaceuticals giant Novartis named Marie-France Tschudin head of its main drugs business after its previous manager, Paul Hudson, was poised to take the CEO position at French drugmaker Sanofi.
Google flags U.S. national security risks from Huawei ban: FT
Alphabet Inc’s Google has warned if the U.S. administration moves ahead with sweeping ban on Huawei Technologies Co Ltd, it risks compromising national security, the Financial Times reported on Thursday.
Strong U.S. jobs growth expected in May, trade tensions a threat
U.S. job growth likely increased solidly in May, with wage gains expected to pick up, showing strength in the labor market before an escalation in trade tensions that analysts have cautioned could pressure an already slowing economy.
Walmart relaunches service to deliver groceries to shoppers’ refrigerators
Walmart Inc will restart a service that offers the delivery of groceries directly to shoppers’ refrigerators – part of its attempts to find unconventional ways to offer cheap and rapid delivery of online orders.
Toyota to tie up with China’s CATL to accelerate electrification: Nikkei
Toyota Motor Corp will tie up with leading Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL), in a move to accelerate the electrification of its products, the Nikkei newspaper said on Friday.
Asia shares dazed by trade uncertainty, U.S. jobs risks
Asian share markets dithered on Friday as investors waited for concrete signs of progress in the U.S.-Mexican trade standoff, while bracing for a U.S. jobs report that could sway the course of interest rates there.
Mexico foreign minister says national guard to deploy to southern border
Mexico will deploy its national guard to its southern border with Guatemala, the Mexican foreign minister said on Thursday, as part of the country’s bid to stem Central American migration that has drawn U.S. President Donald Trump’s ire.
Beyond Meat sees sales more than doubling in 2019, shares jump 21%
Beyond Meat Inc, a maker of plant-based burgers and sausages, said it expects to more than double its revenue and report breakeven EBITDA this year, sending the its shares up over 21 percent.
As Mexico-U.S. talks progress, markets rise on hopes a deal could be close
Mexican and U.S. officials held a second day of talks on trade and migration on Thursday, with markets rebounding on optimism a deal could be close, although it was unclear if Mexican pledges to curb migration flows were enough to persuade the Trump ad…
Trump tariffs could sink Mexican peso to lowest point this year: analysts
The Mexican peso could sink next week to its lowest point of the year if U.S. President Donald Trump follows through on his threat to slap Mexican imports with tariffs, according to a Reuters poll of analysts and traders.
