More pharmaceutical companies are pledging to limit annual increases to under 10 percent, as they are grappling with a backlash against high U.S. prescription drug prices. However critics have not been salved which includes President-elect Donald Trump, who on Wednesday said drugmakers are "getting...

Analysts are of the opinion that FCC regulation could be easily avoided by AT&T while purchasing Time Warner and the former too finds some benefit from the deal. AT&T Inc. informed that the company could avoid a “powerful telecommunications regulator” during its Time Warner Inc. acquisition,...

American corporation McDonald's, the world's largest fast food restaurant chain, started to accept offers for a large share of its Japanese unit. The operator of fast food restaurants owns slightly less than 50% in this division through its affiliates. The Japanese business is listed on the Tokyo...

Comprising mainly locally-branded models that are cheaper and have a shorter range than those offered by foreign automakers such as Tesla and Nissan, the electric cars that are old are sold in China is more than in the rest of the world combined.   As part of Beijing's policy to build global...

Tax incentive prove to be fruitful for Honda, while analysts warn that rolling back of same scheme will lead to a sharp drop of sales. In an attempt to “make the most of a tax incentive”, customers in China “rushed” to purchase cars, whereby boosting the sales of the “global automakers” in the year...

Canadian pharmaceutical company Valeant will sell three its cosmetics brand to L'Oreal for $ 1.3 billion, Bloomberg reported, citing the statement of the French cosmetics and perfumes manufacturer. Under the deal, Valeant will sell three skin care products: CerAve, AcneFree and Ambi. Annual sales...

In 2017, IPO fundraising in China is expected to reach its highest level in six years, as the government is turning to the stock market to help companies reduce debt, Bloomberg reports. Volume of initial public offerings in mainland China will grow by 50% to about 225 billion yuan ($ 32.4 billion),...

Media giant Zenimax, publishes computer games and owns Bethesda Studios, id Software, and Arkane Studios, accused Facebook in illegal acquisition of Oculus VR, creator of VR headset Oculus Rift. ZeniMax Media recons that the world's largest social network bought the company knowing that Oculus...

US President-elect Donald Trump thanked Ford Motor Company and Fiat Chrysler, which recently announced heavy investments in the US auto industry. The day before, on January 8, the company Fiat Chrysler Automobiles NV announced its intention to invest $ 1 billion in modernization of plants in the...