Otezla, which is a psoriasis drug made by pharma company Celgene that is believed to have high potential will be bought by Amgen in a deal worth $13.4 billion. This deal is part of the forced divestment of Celgene according to directions of antitrust authorities in its efforts to merge with...

In what is the first instance of a United States court holding a pharmaceutical company liable for a sudden increase in addiction and overdoses caused by drugs, a court in Oklahama found drug maker Johnson & Johnson responsible for the opioid epidemic in the region and has ordered the company...

The number vehicles that are exported to China from the United States was reduced by 50 per cent after the former imposed a retaliatory tariff to those of US president Donald Trump by imposing a 25 per cent tariff on US made cars in the middle of 2018.   But for most of 2019, most of the...

Settlement of charges that it had employed unqualified relatives of powerful Russian and Chinese government officials to win business will be made by Deutsche Bank for a $16m fine with the United States authorities.   False books to record the hirinngs had been used by the Germany’s largest...

Chinese tech giant Huawei Technologies anticipates that its consumer devices business would potentially generate about US$10-billion less in annual revenues because of the United States  export restrictions as the company has been banned from purchasing components like semiconductors and...

The largest e-commerce company in the world Amazon has been pulled up by environmental groups and customers in the United Kingdom after the company introduced a number of plastic packaging which is not possible to be recycle din the country.,   According to reports, the online retailer...

Apple shares were downgraded from neutral to sell by Rosenblatt in July and the broker is still holding on to its that position for the stock. A 28 per cent drop from the stock’s Tuesday’s close of about $210 per share was represented by the long-term price target of $150.   “We continue to...

The growing political unrest in Hong Kong is possibly the reason that has driven China’s biggest e-commerce company Alibaba Group Holding Ltd to delay its planned and announced listing in the city’s stock exchange for a value of up to $15 billion, claimed a report published by the news agency...

Latest news reports in the United States have claim4ed based on documentary evidence that to banks – the US based Citigroup and French bank BNP Paribas, have got themselves embroiled in the criminal case filed by the US against the chief financial officer of China’s tech giant Huawei Technologies....

Even while the administration of the United States President Donald Trump is contemplating about whether to extend the a grace period for the Chinese tech company Huawei, the president has said that he does not want that any business be conducted between the Chinese firm and the US.   "At...

Those video game enthusiasts of Microsoft’s Minecraft video game would now be able to enjoy greater graphics in the game on their personal computers because the United States based global software company will now use chipmaker Nvidia Corp’s real-time ray tracing technology in that game.  ...