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Drug companies and pharmacy benefit managers are clashing in Washington, D.C. over rebate strategies amid rising scrutiny of PBM practices. CVS defends PBMs' role in lowering branded drug costs, despite industry shifts toward generic and low-cost options from Walmart, GoodRx, and telehealth companies.
Published on: February 20, 2025, 11:01 AM UTC
Italy's plan to boost birth rates and female employment has been hindered by bureaucratic delays, forcing the government to scale back its childcare support program.
Published on: February 20, 2025, 11:01 AM UTC
Investors are looking beyond traditional defense stocks towards industrial companies poised to benefit from increased military spending, including Thyssenkrupp, Iveco Group, and Fincantieri, whose shares have surged recently as defense budgets rise.
Published on: February 20, 2025, 11:00 AM UTC
Airbus CEO seeks EU antitrust approval for space merger talks with Thales and Leonardo.
Published on: February 20, 2025, 11:00 AM UTC
Teck Resources beats profit estimates on higher copper production from Chile mine
Published on: February 20, 2025, 11:00 AM UTC
South Korea will impose tariffs on Chinese steel, steel producers
Published on: February 20, 2025, 10:01 AM UTC
Singapore Airlines' net profit more than doubled in Q3, boosted by a one-time gain from the Air India-Vistara merger. The airline now holds a 25.1% stake in the Air India group.
Published on: February 20, 2025, 10:00 AM UTC
Anglo American (AAUKF) reported a loss in its diamond unit and a decline in profit as it continues its business overhaul, focusing on iron ore and copper. The company plans to exit its De Beers diamond unit in the second half of the year amidst industry challenges and a writedown of $2.9 billion. Anglo also announced a partnership with Codelco to develop mining operations in Chile.
Published on: February 20, 2025, 09:00 AM UTC
U.S. real estate firm CoStar prepares A$2.7 billion bid for Australian property classifieds firm Domain Holdings.
Published on: February 20, 2025, 09:00 AM UTC
EU approves €920 million German state aid for Infineon semiconductor plant in Dresden
Published on: February 20, 2025, 09:00 AM UTC