Bloomberg President Donald Trump has pledged to reverse what he describes as “astronomical” drug prices in the US Thousands of miles away, Japan, long a profit sanctuary for multinational pharmaceutical companies, is taking a similar tack. About $93 billion is spent annually on medications in Japan, and the government plays a key role on prices because it covers about …

  Bloomberg President Donald Trump’s timetable to negotiate the North American Free Trade Agreement threatens to slip into an election year for Mexico, which could feel the economic impact of the uncertainty especially if the agreement starts disintegrating. US Commerce Secretary Wilbur Ross said that the trade talks will probably begin in the latter part of 2017 and shouldn’t last …

  Bloomberg Akzo Nobel NV, Europe’s largest coatings company, rejected an unsolicited 20.9 billion-euro ($22.1 billion) takeover bid from rival PPG Industries Inc. and said it may separate its specialty chemicals business to boost the stock price. PPG’s bid, worth 83 euros a share at the end of February, substantially undervalued the company, Amsterdam-based Akzo said in a state- ment …