The Summit, N.J.-based biotech firm also plans to enter into an accelerated share repurchase program to buy back $2 billion of stock.
President Donald Trump's decision to launch a national security probe into car and truck imports hit global market sentiment overnight as traders grew increasingly concerned of an escalating trade war.
U.S. stock futures turn lower; the Trump administration threatens to impose new tariffs on automobile imports; Deutsche Bank to cut 7,000 jobs.
Global automaker stocks slumped Thursday following the launch of a national security investigation into U.S. car and truck imports by President Donald Trump.
Deutsche Bank' new CEO, Christian Sewing, stamped his authority on Germany's largest lender Thursday by confirming plans to shed thousands of jobs and retrench its business in its domestic market.
The U.S.-China trade relationship may be uncertain, but don't take China's economic prowess lightly, especially when it comes to the cruise ship industry.
The Swiss banking giant is appealing after it was fined HK$119 million and barred for 18 months from sponsoring IPOs in Hong Kong
Travellers buying cheapest economy tickets on short-haul routes with Hong Kong's flagship airline to be biggest winners when Asia Miles launches changes
Comprehensive survey of senior leaders of large companies in region aims to reveal true cost of fraud, theft, money laundering and other offences
The China Securities Regulatory Commission says the rush of corporate generosity is a result of its efforts to increase payouts in the face of investor complaints
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