Novartis on Wednesday had to correct comments made by Chairman Joerg Reinhardt to a Swiss newspaper, because his portrayal of conduct that led to a US$678 million U.S. settlement over kickbacks last year risked violating the agreement.
DETROIT :General Motors Co extended production cuts in North America on Wednesday due to a worldwide semiconductor chip shortage that has impacted the auto sector.
U.S. stock index futures rose on Wednesday as Intel's shares surged on plans to expand advanced chip making capacity, while investors looked to business surveys for March and another day of testimonies from the top two U.S. economic officials.
Facebook Chief Executive Mark Zuckerberg laid out steps on Wednesday to reform internet rules, saying that companies should have immunity from liability only if they follow best practices for removing damaging material from their platforms.
British tourists should go ahead and book foreign holidays despite government warnings not to, Ryanair boss Michael O'Leary said on Wednesday, as the low-cost carrier announced plans to run 80per cent of its peak summer capacity.
At least one Chinese online retailer appeared to drop H&M's products amid social media attacks on the Swedish company for saying it was "deeply concerned" about reports of forced labour in the farwestern region of Xinjiang.
Glaxosmithkline said that Moncef Slaoui has been dismissed as chairman of Galvani Bioelectronics, which is majority owned by GSK.
SINGAPORE: A business gathering in Singapore is using movement dongles to make sure participants keep their distance, as the country prepares to start hosting big events safely in the lead-up to the World Economic Forum's (WEF) Special Annual Meeting in August. The pocket-sized dongle, which ...
Central banks need to fight climate change but all policy options on the table come with costly drawbacks, so action needs to be gradual and cautious, an umbrella group of the world's top central banks and supervisors said on Wednesday.
The Competition Commission of India (CCI) on Wednesday ordered a probe into the privacy policy update announced by Facebook-owned WhatsApp, saying the messaging service breached antitrust laws in the guise of its policy update.
