Bloomberg US President Donald Trump’s proposed tariff on Mexican goods has the country’s oil industry considering just how much it needs the American market. A 20 percent border tax to build a wall between Mexico and the US means Canadian oil-sands competitors will enjoy a leg up and US motorists will suffer higher prices at the pump due to …

  Bloomberg Teva Pharmaceutical Industries Ltd. plunged to the lowest in more than a decade following a US court ruling that invali-dated four patents on its best-selling multiple sclerosis drug Copaxone. The ruling may open the door to generic competition for a drug that generates a fifth of Teva’s $20 billion in annual sales. The introduction of two Copaxone copycats …

  Bloomberg Microsoft Corp. found ample demand for its $17 billion bond offering, allowing it to cut borrowing rates on its second multibillion note offering in six months. The tech giant received at least twice as many orders as it had bonds to sell, according to people familiar with the matter, who asked not to be named because the deal …