Company News
Reckitt Benckiser (RB.L) has agreed to buy U.S. infant formula maker Mead Johnson Nutrition (MJN.N) for $16.6 billion, marking its first step into baby formula, it said on Friday.
Boeing Co (BA.N) must sell more 777 and 787 jetliners to keep production plans on track, despite a $13.8 billion order that landed earlier on Thursday, its chief executive said.
Boeing Co's (BA.N) new Indian unit will help the company win more business from local customers and mean more employment in the South Asian country, the head of the U.S. defense firm's Indian business said on Friday.
President Donald Trump suffered a legal blow on Thursday when a federal appeals court refused to reinstate his executive order temporarily banning people from seven Muslim-majority countries from entering the United States.
An Indonesian affiliate of global accounting firm Ernst & Young (EY) [ERNY.UL] has agreed to pay a fine of $1 million after the U.S. audit regulator labeled lapses in its checks of a client's books "audit failure".
A leading drugmaker ramped up its lobbying in Canada fivefold last year, urging government officials to enact a rule that would give it an effective monopoly on long-acting narcotic painkillers.
Oil prices were stable on Friday, supported by strong Chinese crude imports and OPEC-led production cuts, although ample U.S. fuel inventories weighed on the market.
Twitter Inc's (TWTR.N) desultory earnings report on Thursday show a company with no evident path to profitability, as core costs climb more quickly than revenue while user growth stagnates.
President Donald Trump on Thursday called the appellate court ruling that upheld the suspension of his order restricting travel from seven Muslim-majority countries a "political decision," and vowed his administration would ultimately prevail.
Liesbeth Foesters travels for business around the world, but none of her hotel rooms was smaller than the one she got in Singapore. Her company has a tight budget.
