Exclusive: Canadian regulator considers changes to new drug pricing plan
Canada’s drug pricing agency is contemplating significant changes to how it will apply new regulations aimed at lowering costs, Reuters has learned, as drugmakers unhappy with the policy delay introducing new medicines in the country and blame it for j…
Uber returns to Colombia less than a month after exit
Uber Technologies Inc resumed transporting passengers in Colombia on Thursday with a new service model that allows users to rent cars with drivers, just 20 days after it exited the Andean country following a ruling by regulators which the company desc…
Oil prices rise as U.S. crude stocks build less than expected
Oil prices were up slightly on Thursday after the U.S. government reported a much smaller-than-anticipated rise in crude stocks, but gains were capped by worries about the spread of Coronavirus outside China.
Unicredit boss Mustier emerges as contender for HSBC CEO role: Bloomberg
Unicredit Spa Chief Executive Officer Jean-Pierre Mustier has emerged as one of the main external candidates for the top job at HSBC Holdings Plc , Bloomberg reported on Thursday, citing sources familiar with the matter.
Dollar tramples yen and safe-haven status, gold gains
The strong dollar got stronger on Thursday, rising to a three-year high against a basket of trading partner currencies, after a steep slide in the Japanese yen called into question its safe-haven status while the rally in U.S. equities took a pause.
What secrets? Apple embroiled in row over book by German former executive
Apple has become embroiled in a publishing row in Germany after it tried to halt sales of a book written by a former executive, saying it disclosed secrets about the App Store.
Exclusive: France’s Engie eyes U.S. energy services firm Ameresco – sources
French power utility Engie SA has approached Ameresco Inc, a U.S. provider of energy efficiency solutions and developer of renewable energy plants, to express interest in acquiring it, according to people familiar with the matter.
Morgan Stanley’s Gorman charts ambitious course with $13 billion E*Trade deal
Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since the 2008-2009 financial crisis.
Wall Street drops more than 1% as coronavirus fears grow
U.S. stock indexes fell more than 1% on Thursday, with technology stocks among the hardest hit as investors weigh how bad the economic damage will be from the coronavirus outbreak as the number of cases rise outside of China.
Oil prices rise on U.S. gasoline stock draw, smaller-than-expected gain in crude inventories
Oil prices rose further on Thursday after a U.S. report showed a draw in gasoline inventories and a much smaller-than-anticipated rise in crude stocks.