Pfizer Inc said on Friday (Aug 7) it signed a multiyear agreement to make COVID-19 treatment remdesivir for developer Gilead Sciences Inc, which is under pressure to increase tight supplies of the antiviral drug.
Activist fund Effissimo Capital Management, the biggest investor in Toshiba Corp , was kept in limbo by Japan's government over a key shareholder vote until the day before the industrial conglomerate's annual meeting, two government sources said.
The S&P 500 was set to pull back from near six-month highs on Friday as data showed a sharp slowdown in U.S. employment growth and President Donald Trump cranked up friction with Beijing with moves to ban WeChat and TikTok.
Thousands of British Airways staff will be sent letters telling them they have lost their jobs on Friday, as the airline pushes ahead with a plan to cut employee numbers by 29per cent in the face of bitter opposition from unions.
U.S.-listed shares of Chinese firms fell on Friday, a day after President Donald Trump unveiled bans on U.S. transactions with the China-based owners of messaging app WeChat and video-sharing app TikTok, escalating tensions between the two countries.
MOSCOW: The operation of London-based ride-hailing service Wheely in Moscow was suspended for three months over its refusal to share vehicle geolocation data with the authorities, a court ruling said on Friday. Since 2017, Moscow's Department of Transport has demanded that taxi services hand over ...
U.S. companies' profit growth forecasts for the next five years are still intact, according to Refinitiv data, suggesting that the impact inflicted on companies by the coronavirus pandemic is likely to be more fleeting than that in previous crises.
Thousands of British Airways staff will be sent letters telling them they have lost their jobs on Friday, as the airline pushes ahead with a plan to cut employee numbers by 29per cent in the face of bitter opposition from unions.
The head of the U.S. Postal Service (USPS) on Friday said the agency faces a "dire" financial position even as it posted a slightly narrower third-quarter loss amid soaring package demand during the coronavirus pandemic.
As Tencent assesses how its business might be impacted by a U.S. decision to ban its messenger app WeChat in the country, American companies in China may become unintended casualties due to their heavy reliance on the app, experts said.
