France’s Sanofi under investigation in Depakine birth defects case
French healthcare company Sanofi said it had been put under investigation over a legal case relating to Depakine, a medication known to have caused birth...
Sharp’s third-quarter profit up 38.5%, above estimates
Japan’s Sharp Corp on Tuesday reported a 38.5% increase in third-quarter operating profit thanks to gains at its smart appliance division and cost reduction efforts....
Jewelry maker Pandora sees continued sales decline in 2020
Danish jewelry maker Pandora’s fourth-quarter operating profit on Tuesday beat forecasts despite disappointing sales in China while it said its 2020 organic sales growth is...
Oil prices rebound from China virus slump amid gingerly recovery across markets
Oil prices rose on Tuesday, matching moves in other financial markets as investors regained calm after Monday’s sharp sell-off on fears of the impact of...
Japan’s Takeda forecasts surprise full-year operating profit
Takeda Pharmaceutical Co Ltd said it now expects an operating profit for the full year, as opposed to its earlier projection for a loss, due...
Sony third-quarter profit falls 20%; still beats estimates and raises outlook
Sony Corp on Tuesday reported a 20% decline in third-quarterly profit due to the absence of an accounting gain that boosted its year-earlier result, though...
Carlsberg sees mid-single-digit operating profit growth in 2020
Danish brewer Carlsberg on Tuesday reported operating profit before special items for the second half of the year that was broadly in line with expectations...
Oil prices rebound, fueled by hopes for OPEC+ supply cuts
Oil prices clawed back ground on Tuesday, rising 1% after the previous session’s slump, amid hopes for new production curbs by OPEC and its allies...
FDA to hold public meeting on testing for asbestos in talc
For the first time in nearly 50 years, the U.S. Food and Drug Administration will examine asbestos testing for talc powders and cosmetics at a...
Stocks firmer as China’s markets recoup some virus losses
Asian stocks bounced on Tuesday with Chinese markets reversing some of their previous plunge amid official efforts to calm virus fears, although investor sentiment remained...