Nissan’s Saikawa did not meet one-on-one with Renault’s Bollore: source
Nissan Motor Co CEO Hiroto Saikawa did not meet one-on-one with Thierry Bollore, the deputy CEO of Renault SA , during a meeting in Amsterdam, a source familiar with the matter said.
After plunge, world stocks try to claw their way out of doldrums
Global equity and crude oil markets attempted a tentative recovery on Wednesday after three days of sharp losses that saw investors seek out the safety of bonds amid mounting pessimism over world growth.
Boeing says Indian airfares unsustainably low; lifts country’s 20-year order forecast
Airfares in the fast-growing Indian market are 10 to 15 percent lower than breakeven levels for airlines, a Boeing Co executive said, as the planemaker raised its long-term jet order forecast for the nation to a record despite market challenges.
Drugmaker GSK to split after striking Pfizer consumer health deal
GlaxoSmithKline plans to split into two businesses — one for prescription drugs and vaccines, the other for over-the-counter products — after forming a new joint venture with Pfizer’s consumer health division.
Oil steady after sell-off but oversupply still drags
Oil stabilized on Wednesday after one of its biggest falls for years, but remained under pressure from oversupply and concern that a slowing global economy would depress demand for fuel.
Bristol-Myers gets $1.6 billion offer for French consumer health unit
Bristol-Myers Squibb Co received an offer from Japanese healthcare firm Taisho Pharmaceutical Holdings Co Ltd to buy the company’s French over-the-counter drugs business UPSA for $1.6 billion, the companies said on Wednesday.
Estonia makes first arrests over Danske money laundering
Estonia has made the first arrests in a money laundering scandal involving Denmark’s Danske Bank , detaining 10 former employees at the bank’s Estonian branch, the state prosecutor said Wednesday.
Italy’s transport minister says he would like to revoke Autostrade concession
Italy’s Transport Minister Danilo Toninelli said on Wednesday that he would like to revoke motorway concessions held by Autostrade per l’Italia after the collapse of a bridge in Genoa last August.
Drugmaker GSK to split after folding in Pfizer consumer unit
GlaxoSmithKline plans to split into two businesses — one for prescription drugs and vaccines, the other for over-the-counter products — after forming a new joint venture with Pfizer’s consumer health division.
Indian drug inspectors seize Johnson & Johnson Baby Powder samples: source
Drug inspectors have seized samples of Johnson & Johnson Baby Powder from a factory in northern India, an industry source said on Wednesday, following a Reuters report that the firm knew for decades that cancer-causing asbestos lurked in the product.
