Daiichi Sankyo, AstraZeneca sign $6.9 billion cancer drug deal
AstraZeneca Plc and Japan’s Daiichi Sankyo Co Ltd have signed a potential multibillion-dollar collaboration to develop and sell Daiichi’s cancer drug trastuzumab deruxtecan.
U.S.’ Mnuchin says had ‘productive working dinner’ in China
U.S. Treasury Secretary Steven Mnuchin said on Friday he had a “productive working dinner” the previous night in Beijing, as he headed to a state guest house to begin a day of trade talks.
Asian stocks inch higher on hopes of progress in U.S.-China talks
Asian shares posted narrow gains on Friday on revived hopes of progress in U.S.-China trade talks, while global bond yields moved higher after a prolonged slide on worries about the economic outlook.
Fed done raising interest rates; significant chance of cut in 2020: Reuters poll
The U.S. Federal Reserve is done raising interest rates until at least the end of next year, according to economists in a Reuters poll who gave a 40 percent chance of at least one rate cut by end-2020.
No call for simulators in new Boeing 737 MAX training proposals
Boeing Co said it will submit by the end of this week a training package that 737 MAX pilots are required to take before a worldwide ban can be lifted, proposing as it did before two deadly crashes that those pilots do not need time on flight simulator…
Disney bans smoking at U.S. parks ahead of ‘Star Wars’ openings
Walt Disney Co will ban smoking, vaping and large strollers at its U.S. theme parks in California and Florida starting on May 1, the company said on Thursday.
Facebook tightens rules on political ads ahead of EU vote
Facebook Inc toughened its rules on political advertising in Europe on Friday under pressure from EU regulators to do more to guard against foreign meddling in the bloc’s upcoming legislative election. Chastened since Russia used the social media pl…
Nestle to face lawsuit saying Poland Spring water not from a spring: U.S. judge
A federal judge on Thursday rejected Nestle SA’s bid to dismiss a revised lawsuit claiming that it defrauded consumers by filling bottles of its Poland Spring water with ordinary groundwater.
Morgan Stanley president Kelleher to retire: bank
Morgan Stanley President Colm Kelleher, who has worked for the firm for roughly 30 years, will retire at the end of June, the bank said on Thursday.
Amazon Web Services to open Latin America computer center in Colombia
Amazon Web Services (AWS), a unit of Amazon.com Inc, said on Thursday it will open a Latin American computer center in Colombia and help train 2,000 students in digital technology.
