AFP The spread of superbugs that are resistant to all known drug treatments could spark a global financial crisis on the level of the 2008 meltdown or worse, a World Bank-led study warned on Monday. Antimicrobial resistance is on the rise, and in the future, many infectious diseases will once again be untreatable, forcing more people into poverty and ...

  Bloomberg Rolls-Royce Holdings Plc is eliminating more than 200 positions from its management team as Chief Executive Officer Warren East extends a wide-reaching restructuring of the embattled engine maker. The additional cuts brings the total trimming of management positions under East’s reign to more than 600, a Rolls-Royce spokesman said in a statement in response to a Financial Times ...

  Bloomberg OVS SpA, Italy’s largest children’s clothing retailer, agreed to buy Charles Voegele Holding AG with two other investors for about 56 million francs ($57 million), ensuring the survival of the ailing Swiss chain after years of speculation about its future. The offer price of 6.38 francs per share is 2.1 percent higher than Charles Voegele’s closing price on ...