Welcome

Latest Stories

Sea Cargo’s $150 Billion Year Stokes Inflation Worries

Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers — and leaving smaller companies and their customers from Spain to Sri Lanka paying more for just about everything.

Siltronic Shares Fall Amid Doubts Over GlobalWafers Takeover

Siltronic AG stock fell after the company cast doubt on the planned $5.3 billion takeoverby Taiwan’s GlobalWafers Co., saying the German Economy Ministry’s feedback so far was opaque and offered no clear resolution on how to win approval for the deal.

Teva Wins Ruling Narrowing Antitrust Case Over Gilead HIV Drugs

Teva Pharmaceutical Industries Ltd. succeeded in scaling back its potential antitrust exposure for allegedly helping delay generic versions of Gilead Sciences Inc.'s blockbuster HIV drugs, when a federal judge in San Francisco ruled that some claims against Teva were filed too late.

Google CEO Approved Illegal Ad Deal With Facebook, States Claim

Sundar Pichai,chief executive officer of Google and its parent Alphabet Inc., personally approved what state attorneys general say was an illegal agreement with Facebook to manipulate the digital advertising market, according to a new court filing by the states.

View More