Japan’s Takeda to sell some Asia-focused drugs to Celltrion for $278 million
Takeda Pharmaceutical Co Ltd has agreed to sell a portfolio of over-the-counter and prescription drugs marketed in the Asia Pacific region to South Korea’s Celltrion Inc for $278 million, it said on Thursday
Factbox: Unilever’s bid to end Anglo-Dutch dual-headed structure
Anglo-Dutch Unilever plans to become a single holding company based in Britain, unwinding a dual-headed structure which has been in place for 90 years.
Moderna to start final testing stage of coronavirus vaccine in July
Moderna Inc on Thursday confirmed it plans to start a trial of 30,000 volunteers of its much-anticipated coronavirus vaccine in July as the company enters the final stage of testing.
Bombardier to cut up to 600 jobs in Northern Ireland
Planemaker Bombardier Inc is to cut up to 600 jobs in its Northern Ireland operations, it said on Thursday, as part of plans announced last week to cut 2,500 jobs or about 11% of the workforce in its global aviation unit.
JPMorgan’s Wikmark takes new role as co-head of Nordics banking: memo
JPMorgan has promoted Jonas Wikmark as co-head of Nordics banking to drive growth in one of its major European markets, according to a memo seen by Reuters.
Unilever to end Anglo-Dutch era with British holding company
Unilever proposed collapsing its Anglo-Dutch legal structure into a single holding company based in Britain on Thursday, nearly two years after shareholders sank an earlier plan to move its headquarters to the Netherlands.
Futures fall after Fed’s sobering outlook, fears of second virus wave
U.S. stock futures extended declines on Thursday, a day after the Federal Reserve’s economic forecast confirmed that the pain from the coronavirus outbreak will be felt for years, with investors also nervous about a second wave of infections.
Volkswagen board apologises after publication of racist advert
Volkswagen’s management board on Thursday apologised for the company’s publication on its Instagram page of a racist advert and said the clip was published because of a lack of cultural sensitivity rather than because of racist intentions.
EU to file antitrust complaint against Amazon over treatment of third party sellers: WSJ
The European Union is planning on filing formal antitrust charges against Amazon.com Inc over its treatment of third-party sellers, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Walmart to stop keeping ‘multicultural’ beauty products in locked display cases
Walmart Inc will stop keeping personal care products designed for people of color in locked display cases, the retailer said, after the practice drew flak online with many saying it suggested customers for these products cannot be trusted.
