Bloomberg Takeda Pharmaceutical Co forecast a surprise operating loss for the year due to acquisition costs and related charges from its $62 billion purchase of Shire Plc, but the Japanese drugmaker said the deal will result in bigger-than-projected cost savings. The company raised its annual cost savings target to $2 billion from $1.4 billion by the end of fiscal 2021, ...

Bloomberg Sales of cars and SUVs in India slumped the most since October 2011, adding to a slew of bad news that points to a slowdown in the world’s fastest-growing major economy. Passenger vehicle sales in April fell 17.1 percent to 247,541 units from a year earlier, data released by the Society of Indian Automobile Manufacturers (SIAM) showed. Car sales ...

Bloomberg As the US-China trade war escalates, speculation is swirling over whether the Asian nation will honour purchases of American products including soybeans and cotton that are yet to be delivered. At least 10 bulk carrier cargoes are in transit, while at least one vessel managed to offload its US cargo on the weekend as tensions between Washington and Beijing ...