Merck & Co. Inc. MRK, +1.17% announced Wednesday that it was spinning off its Women’s Health, Trusted Legacy Brands and Biosimilar Products businesses into a separate publicly traded company, while also reporting a fourth-quarter profit that topped …
See Original Article

By Shadia Nasralla. FLORENCE, Italy, Feb 5 (Reuters) – Tullow Oil TLW.L plans to cut a third of its staff to slash its administration costs by a fifth, or around $20 million, a source with direct knowledge of the matter said, after weak output in Ghana, delays in …
See Original Article

Good morning. President Trump boasted of an economic boom in his State of the Union address last night. Here’s the NYT fact check of his claims. (Was this email forwarded to you? Sign up here.) …
See Original Article

(Adds details). PARIS, Feb 5 (Reuters) – Airbus has prolonged a planned closure of its final assembly plant in Tianjin, China, as a result of the coronavirus emergency, the planemaker said on Wednesday, adding it was monitoring for any signs of impact on …
See Original Article

LONDON, Feb 5 (Reuters) – The boss of Pepco Group, which runs British discount retailer Poundland, said it is highly likely the group will be sold by its parent, the troubled South African group Steinhoff . “The restructuring arrangement that Steinhoff has with …
See Original Article