Eli Lilly to take animal health unit public
Eli Lilly and Co said on Tuesday it would spin off its Elanco animal health business and take it public.
U.S. firms face off with Indian rival in lobbying against data storage rules
U.S. payment firms have successfully pushed India to consider diluting rules on data storage, but their lobbying campaign has sparked a bitter industry spat pitting them against local rival Paytm, according to sources and documents seen by Reuters.
Four airlines submit complaint against France over strikes
Ryanair , Easyjet , Wizz Air and IAG submitted complaints to the European Commission against France on Tuesday, arguing that its air traffic controllers’ strikes were restricting freedom of movement within the EU.
Harley-Davidson profit drops 6.4 percent
U.S. motorcycle maker Harley-Davidson Inc reported a 6.4 percent drop in quarterly profit on Tuesday due to lower shipments as demand for its bikes dwindle.
Satellites and blogs: BlackRock to raise game in China stock picking
To gain an investment edge in China, BlackRock Inc , the world’s biggest asset manager, will map the country’s economic landscape using satellites, parse social media to take the market’s pulse and track reports in the ruling Communist Party’s newspape…
UK prosecutor seeks to restore criminal case against Barclays
The UK Serious Fraud Office (SFO) said on Tuesday it was seeking to resurrect a high-profile prosecution of Barclays over undisclosed payments to Qatari investors during the credit crisis two months after a London court dismissed its case.
Trump, Mexico expect progress in stalled NAFTA talks
U.S. President Donald Trump spoke warmly of Mexico’s incoming leftist president on Monday, saying he expected to get “something worked out” on NAFTA, while a top Mexican official said there was scope to revive the trade talks this week.
Shares get China stimulus boost, bonds show the strain
World shares climbed for a third day running on Tuesday, as China promised fiscal action to support the world’s second-largest economy and stellar results from internet giant Alphabet underpinned the tech stocks.
Volkswagen hires BMW engine development expert Markus Duesmann
Volkswagen on Tuesday said engine development expert Markus Duesmann, currently head of purchasing and suppliers at rival BMW , is to join the carmaker’s management board.
Volkswagen says BMW purchasing chief Duesmann to join board
Volkswagen said on Tuesday it has hired Markus Duesmann, head of purchasing and supplier network at rival BMW , as a member of its management team.
