[ad_1] (Reuters) – Pfizer Inc (PFE.N) has agreed to spin off its off-patent branded drugs business and combine it with generic drugmaker Mylan NV (MYL.O), a move that leaves Pfizer with its more profitable innovative
Exclusive: SBI tightens lending terms for auto dealers – source, internal memo
[ad_1] MUMBAI (Reuters) – State Bank of India (SBI) has tightened lending terms dramatically for auto dealerships, according to a source and an internal memo seen by Reuters, seeking to reduce its exposure to risk
SEBI proposes tighter disclosure rules for proxy advisors
[ad_1] NEW DELHI (Reuters) – India’s market regulator on Monday proposed tighter disclosure rules for shareholder advisory firms known as proxy advisors to avoid conflicts of interest. The logo of the Securities and Exchange Board
Sterling tumbles on hard Brexit worries; stocks slip
[ad_1] NEW YORK (Reuters) – The British pound on Monday touched its lowest against the dollar since early 2017 after Prime Minister Boris Johnson’s government said it now assumed there would be a hard divorce
China’s Beijing Kunlun to relaunch Grindr IPO
[ad_1] FILE PHOTO: Grindr app is seen on a mobile phone in this photo illustration taken in Shanghai, China March 28, 2019. REUTERS/Aly Song/File Photo HONG KONG (Reuters) – Chinese gaming company Beijing Kunlun Tech
Trump urges Fed to do more than a ‘small rate cut’
[ad_1] U.S. President Donald Trump speaks in the Oval Office of the White House in Washington, U.S., July 26, 2019. REUTERS/Leah Millis WASHINGTON (Reuters) – U.S. President Donald Trump on Monday urged the Federal Reserve
Gold holds steady as investors eye Fed’s interest rate strategy
[ad_1] (Reuters) – Gold was little changed on Monday as caution set in ahead of this week’s U.S. Federal Reserve meeting, with investors likely to look beyond an expected rate cut to the central bank’s
Ryanair CEO concerned about delays in 737 Max return
[ad_1] Ryanair CEO Michael O’Leary holds a news conference in Machelen near Brussels, Belgium October 9, 2018. REUTERS/Francois Lenoir/File Photo DUBLIN (Reuters) – Ryanair Chief Executive Michael O’Leary is concerned about slippage in Boeing’s timetable
Ryanair profit slumps 21% as overcapacity drives fares down
[ad_1] DUBLIN (Reuters) – Ryanair reported a 21% drop in quarterly profit on Monday as price wars in several European markets drove ticket prices lower, but it stuck to its annual profit target as passengers
Healthineers improves results despite diagnostic problems
[ad_1] AMSTERDAM (Reuters) – Siemens Healthineers on Monday reported better-than-expected quarterly results, sending its shares higher despite ongoing problems in its diagnostics business. The German health technology company said net profit jumped 20% in its