Pharmaceuticals company Novartis plans to close a Sandoz generics plant in Wilson, North Carolina, around the end of 2023, it said on Friday, citing inability to use the U.S. site to full capacity.
Indian lender Yes Bank is likely to approve the transfer of stressed assets worth 480 billion rupees ($6 billion) to private equity firm J.C. Flowers at its next board meeting, said a source with direct knowledge.
U.S. Vice President Kamala Harris on Friday announced a new coalition of companies involved in the space industry, aimed at increasing job opportunities in the sector, notably for people from traditionally under-represented backgrounds.
U.S. stock index futures rose broadly on Friday, led by gains in tech and high-growth stocks, with investors awaiting key inflation data next week for clues on the pace of interest rate hikes by the Federal Reserve.
Germany's federal motor transport authority KBA has found "abnormalities" during its investigation focused on Tesla's autopilot function, reported WirtschaftsWoche business weekly, citing a KBA spokesperson.
Canada's Dollarama Inc on Friday raised its full-year same-store sales forecast after topping quarterly revenue estimates, helped by strong demand for its groceries and household essentials as more consumers turn to discount stores amid surging inflation.
Global equity funds remained out of favour in the seven days to Sept. 7 as a strong U.S. services industry report fuelled concerns that the Federal Reserve would keep hiking interest rates to tame inflation.
A scramble by U.S. carriers to fill empty cockpits is fueling cost pressures just as mounting economic worries have cast a shadow on travel demand, sparking concerns about debt-laden airlines' ability to repair their balance sheets.
The Bank of England has received a boost in its fight against inflation - at least in the short term - from Prime Minister Liz Truss' huge power bill bailout, but it still looks set to raise interest rates sharply next week.
