 | | | | U.S. stock index futures dropped on Wednesday, with investors weighing the impact of Turkey's currency crisis as well as the escalating tariff tensions between the United States and its trading partners. | | | | | | U.S. private equity firm Blackstone Group LP has signed a deal to invest $400 million in Hong Kong-listed YiChang HEC ChangJiang Pharmaceutical Co. via convertible bonds, HEC said Wednesday. | | | | | | Constellation Brands Inc said on Wednesday it would invest $4 billion (C$5.24 billion) more in Canopy Growth Corp , raising its stake in the Canadian marijuana producer to 38 percent. | | | | | | The Home Shopping Network is getting an image makeover. | | | | | | Turkey doubled tariffs on some U.S. imports including alcohol, cars and tobacco on Wednesday in retaliation for U.S. moves, but the lira rallied further after central bank's liquidity moves had the effect of supporting the currency. | | | | | | Turkish trade minister Ruhsar Pekcan says the doubling of customs tarrifs on some imported U.S. products would amount to $533 million, the state run Anadolu news agency reported. | | | | | | PwC should have flagged significant doubts over the future of BHS in an audit that was completed just days before the loss-making UK retailer was sold for a token one pound in 2015, ahead of its collapse a year later, a regulator said on Wednesday. | | | | | | Express Scripts Holding Co built a multi-billion enterprise pressuring drug companies to lower their prices for U.S. patients. Now it is quietly building a side business: getting paid to help drug companies dispense a new generation of high-priced drugs. | | | | | | German passenger rights company Flightright is taking Ryanair to court over whether it should pay financial compensation to passengers affected by strikes at Europe's largest low-cost carrier. | | | | | | Elon Musk told investors this week that "obviously, the Saudi sovereign fund has more than enough capital needed" to finance taking Tesla private. | | | | | | Turkish President Tayyip Erdogan's spokesman said on Wednesday he expected problems with the United States, which helped drive the lira to record lows, to be resolved but Washington must stop trying to influence Turkey's judiciary. | | | | | |
