Azul, Gol inch closer to potential tie-up to form major Brazil airline
By Gabriel Araujo SAO PAULO (Reuters) – Azul and Gol, two of Brazil’s largest airlines, are moving a step closer to a sweeping merger that would create a dominant carrier in Latin America’s No. 1 economy, a securities filing showed on
Novartis wins temporary pause to Entresto generic launch in US
By Blake Brittain WASHINGTON -A federal appeals court temporarily paused drugmaker MSN Pharmaceuticals’ launch of a generic version of Novartis (SIX:NOVN)’ blockbuster heart-failure drug Entresto late on Wednesday. The U.S. Court of Appeals for the District of Columbia Circuit halted
Toyota unit Hino Motors reaches $1.6 billion US diesel emissions settlement
By David Shepardson (Reuters) -Toyota Motor unit Hino Motors has agreed a $1.6 billion settlement with U.S. agencies and will plead guilty over excess diesel engine emissions in more than 105,000 U.S. vehicles, the company and U.S. government said on Wednesday. The
Trump’s US Treasury pick Bessent says dollar must remain world’s reserve currency
By David Lawder and Lawrence Delevingne WASHINGTON (Reuters) -Scott Bessent, U.S. President-elect Donald Trump’s choice to head the Treasury Department, on Wednesday vowed to ensure that the dollar remains the world’s reserve currency as he laid out a vision for a
US inflation relief dents dollar, yen gains ahead of BOJ
By Tom Westbrook SINGAPORE (Reuters) – The dollar slipped on Thursday to stand just off recent peaks as cooling U.S. inflation data knocked down bond yields, while the yen hit a one-month high on rising bets on a rate hike in