Toyota’s luxury Lexus brand plans battery EV launch in 2020
Toyota Motor’s Lexus will launch its first all-battery electric vehicle next year, as the luxury brand races to market a battery-operated car amid growing competition...
Biogen, Eisai revive plans for Alzheimer’s drug, surprising market
Biogen Inc revived plans on Tuesday to seek U.S. approval for Alzheimer’s treatment aducanumab, surprising investors and saying data from more patients in two discontinued...
Oil falls on U.S. stockbuild; deeper output cut prospects give support
Oil fell on Wednesday after gaining over 1% in the previous session as U.S. industry data showed a bigger-than-expected build in crude stockpiles, but the...
Asia shares slip on Brexit snag, Texas Instruments’ revenue woes
U.S. stock futures and Asian shares slipped on Wednesday as revenue warnings from Texas Instruments raised worries about the global tech sector and after British...
Morgan Stanley elbows out rivals for plum role in $1.5 billion IPO relaunch: sources
Morgan Stanley has usurped rivals including Deutsche Bank, Citigroup, Credit Suisse and Goldman Sachs to lead the relaunch of a $1.45 billion IPO – Hong...
SoftBank clinches WeWork takeover deal, bailing out co-founder
SoftBank Group Corp agreed to spend more than $10 billion to take over U.S. office-space sharing startup WeWork on Tuesday, doubling down on an ill-fated...
Oil slips after U.S. inventory build, but possible OPEC cuts support market
Oil slipped on Wednesday after U.S. industry data showed a bigger-than-expected build in crude stockpiles, but possible deeper production cuts coming from OPEC and its...
U.S. House votes to advance bill curbing anonymous shell companies
The U.S. House voted on Tuesday to advance legislation that would require most companies to disclose who actually owns them, as well as handing banks...
U.S. states plan Google antitrust meeting next month in Colorado: sources
U.S. state attorneys general probing Alphabet’s Google plan to meet next month in Colorado to discuss a probe into whether the search giant’s business practices...
Gulfstream expects more queries during certification after Boeing MAX crashes
Gulfstream Aerospace Corp President Mark Burns said on Tuesday he expected regulators to ask for more details on software when the company certifies its new...