WORLD BUSINESS & ECONOMY

Trump scraps trade privilege for India; Delhi plays down impact

U.S. President Donald Trump looked set to open a new front in his trade wars on Monday with a plan…

Big Pharma grilled on the Hill: International pricing, AbbVie CEO’s bonus and bye-bye rebates

It didn't take long for sparks to fly Tuesday when the cadre of Big Pharma executives sat down before the…

China approves first biosimilar cancer drug

China’s National Medical Products Administration (NMPA) says it has approved the country’s very first biosimilar, a copy of Roche’s lymphoma…

Novartis pays $150m to license Akcea-Ionis cardiac disease drug

Novartis has taken up its option to license antisense oligonucleotide TQJ230, triggering a $150 million payout that Akcea Therapeutics will…

UK deeply disappointed by Honda’s decision to close plant

Britain on Tuesday said it was deeply disappointed by Honda’s decision to close its only British car plant. “The UK…

Honda to close UK car plant with the loss of 3,500 job

Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022 with the loss…