J&J makes $2.1 billion offer to buy out Japan cosmetics firm Ci:z
U.S. healthcare conglomerate Johnson & Johnson said on Tuesday it is acquiring all outstanding shares of Japanese skincare firm Ci:z Holdings Co Ltd that it does not already own for 230 billion yen ($2.05 billion) in cash.
Ford in Spain to halt car production for nine days due to low demand: spokesman
U.S. car manufacturer Ford will stop car production in its plant in Almussafes in eastern Spain for nine days during November due to a lower demand for its vehicles, a spokesman said on Tuesday.
South Korea’s Lotte seeks fresh start with revised $44 billion investment plan
South Korea’s Lotte Group, whose chairman was released from jail this month, has reset a five-year investment plan just two years after its initial announcement, saying it now aims to spend 50 trillion won ($44.05 billion) through 2023.
Elon Musk says Twitter had locked his account thinking it was hacked
Tesla Inc Chief Executive Elon Musk said Twitter had locked his account thinking it had been hacked.
Asian shares buckle to Saudi anxieties, Italian budget rows
Asian shares slumped on Tuesday as a cocktail of negative drivers from Saudi Arabia’s diplomatic isolation to fresh worries about trade wars whacked sentiment across the region.
Philip Morris aims to revive Japan sales with cheaper heat-not-burn tobacco
Philip Morris International Inc released cheaper versions of its IQOS “heat not burn” products in Japan on Tuesday as it tries to revive sales and ward off competition from other alternatives to conventional cigarettes.
UBS says it allows staff to travel ‘freely’ to China after banker’s departure delayed
UBS allows all its staff to travel “freely in and out” of China and it is business as usual there, the Swiss bank said, after local authorities last week asked one of its bankers to delay her departure from Beijing to meet with officials.
Mitsubishi Heavy’s struggling aircraft unit to gain $2 billion lifeline: NHK
Mitsubishi Heavy Industries is arranging 220 billion yen ($2 billion) in financial support for its aircraft unit, which has struggled to deliver its first passenger plane, national broadcaster NHK reported on Tuesday.
Mitsubishi Heavy to inject $2 billion into regional jet unit: NHK
Mitsubishi Heavy Industries is set to inject 220 billion yen ($2 billion) into its aircraft unit which has struggled to deliver its first passenger plane, national broadcaster NHK reported on Tuesday.
Asian shares buckle to European woes, Saudi anxieties
Asian shares fell on Tuesday as earnings season nerves in the U.S. dented Wall Street, while a cocktail of negative drivers from Saudi Arabia’s diplomatic isolation to concerns over Italy’s budget and Brexit talks depressed sentiment.
