(RTTNews) - Sandoz, Novartis AG's (NVS) generics and biosimilars division, announced Monday plans for a joint investment with Austrian federal government for large-scale manufacture of active ingredients for penicillin products. The deal would strengthen antibiotics manufacturin
German business morale improved further in July after posting a record increase in June, a survey showed on Monday, suggesting that firms expect Europe's largest economy to recover from the coronavirus shock if a second wave of infections is avoided.
For the Krenak indigenous people who live along the Rio Doce in southeastern Brazil, the waterway was their community's lifeblood, a source of food and spiritual presence, where children were baptized and learned to swim.
Hangzhou Tigermed Consulting plans to raise up to $1.38 billion in its Hong Kong listing, which could make the Chinese clinical trial and research firm the largest healthcare transaction in Asia this year, according to a term sheet.
UK shares dipped on Monday as a two-week quarantine on all travellers from Spain hammered airline stocks, with simmering U.S.-China tensions and a surge in global COVID-19 cases also sparking a flight from risk assets.
Russian aluminium producer Rusal on Monday reported a 10% fall in its second quarter aluminium sales compared with a year ago as the new coronavirus outbreak hit demand for its metal.
OEP Coop has launched a purchase offer on all shares of Italy's Techedge, a Milan-listed information technology company, in a bid that could top 113 million euros ($132 million).
Chinese shares clawed back lost ground on Monday after data showed that China's economic recovery is continuing to build momentum, but heightened Sino-U.S. tensions kept gains in check.
(RTTNews) - Japanese automaker Mitsubishi Motors Corp. (MMTOF.PK, 7211) reported Monday that its first-quarter loss attributable to the shareholders of the parent was 176.16 billion Japanese yen, compared to a profit of 9.31 billion yen last year. Basic loss per share was 118.36
AstraZeneca could pay up to $6 billion to Japan's Daiichi Sankyo to develop and market a type of targeted cancer treatment in the second multi-billion dollar cancer drug collaboration between the two companies.
Spanish pharmaceutical firm Almirall lowered its 2020 outlook on Monday, forecasting a decrease in net sales and core earnings after the coronavirus pandemic hit its dermatology business, bringing net profit down 31.5% in the first semester.
Gold soared to an all-time high on Monday as worsening diplomatic ties between China and the United States rattled investors and fired up demand for the safe-haven metal, while stock market sentiment was mixed ahead of corporate earnings.
South Africa's rand firmed in early trade on Monday, in line with strength in other emerging market currencies as geopolitical and economic concerns dented the dollar.
Poolia's founder and controlling shareholder, Bjorn Oras, has sold all his shares in the staffing firm to Danir Resources, owned by billionaire entrepreneur Dan Olofsson, the Swedish company said late on Sunday.
A consortium formed by French state-controlled power group EDF and its Chinese partner Jinko Power Technology has been awarded the Al Dhafra solar project in Abu Dhabi, United Arab Emirates, EDF said on Monday.
The danger to the euro zone economy from the coronavirus pandemic is not yet over, European Central Bank board member Fabio Panetta told La Repubblica, adding that he saw no need to make any tweaks to the bank's massive asset purchase programme.
Scandal-hit South African retailer Steinhoff International said on Monday it had proposed a settlement, worth up to around $1 billion, to settle a stream of legal claims against the company.
(RTTNews) - AstraZeneca Plc. (AZN.L, AZN) announced Monday that it has entered into a new deal with Daiichi Sankyo Co., Ltd. to develop and commercialise new antibody drug conjugate.
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