Bloomberg Pharmaceutical behemoth Pfizer Inc has transformed itself under new leadership through a series of spinouts and joint ventures, mitigating risk by placing some units at arm’s length while continuing to reap rewards from them. Chief Executive Officer Albert Bourla, 57, who took the helm in January after serving as the drugmaker’s operations chief, has rapidly transformed the company through ...

Bloomberg China said violent protests in Hong Kong wouldn’t be tolerated, its most high-profile response to unrest rocking the city after a chaotic weekend of unrest illustrated the government’s struggles in quelling a leaderless, unpredictable and widespread movement. The Hong Kong and Macau Affairs Office, which answers to China’s cabinet, reaffirmed its support for the city’s government and police in ...

Bloomberg Russian opposition leader Alexey Navalny may have been exposed to “an unknown chemical substance” in prison that caused a severe allergic reaction for which he was hospitalised, according to his doctor, Anastasia Vasilieva. Navalny, 43, was taken by ambulance to a Moscow city hospital for what his spokeswoman, Kira Yarmysh, said was a major allergic reaction, something she said ...