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Glaxo, Reckitt only bidders for Pfizer’s consumer unit

Bloomberg GlaxoSmithKline Plc and Reckitt Benckiser Group Plc are the only companies to have submitted non-binding bids for Pfizer Inc.’s consumer business after rival candidates walked away, according to people familiar with the matter. Pfizer plans to open a data room for Glaxo and Reckitt to start due diligence on the assets before submitting final offers in the next few ...

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EU may be willing to discuss ‘citizens rights’ after Brexit

Bloomberg The European Union may be willing to discuss residency rights for EU citizens arriving in the UK after Brexit, a senior EU official said, in what could signal a less rigid approach from the bloc ahead the separation talks in Brussels. While the EU won’t accept an end to the freedom of movement during the transitional period after March ...

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Small percentage of iPhone 7s need component repair: Apple

Bloomberg Apple Inc. said a “small percentage” of iPhone 7 smartphones may experience a component failure that makes it appear the phone isn’t connected to cellular networks even when service is available. Apple said it would repair affected devices at no charge. The units were sold from September 2016 to February 2018 in China, Hong Kong, Japan, Macau and the ...

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