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British ski instructor jailed for 10 years over Australia rape

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A British ski instructor who punched and bit a woman while raping her in the street after violently attacking her male friend has been jailed for 10 years. Matthew James Williams, 29, who pleaded guilty in April, committed the vicious attack in July, last year, in Jindabyne, a resort town in the Snowy Mountains around Read More

Novartis names Bulto as new head of U.S. drugs business

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FILE PHOTO: Logo of Swiss drugmaker Novartis is seen at its branch in Schweizerhalle near Basel, Switzerland, March 29, 2018. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Swiss drugmaker Novartis (NOVN.S) has named company veteran Victor Bulto as head of its U.S. pharmaceuticals business, effective on Sept. 1. He replaces Fabrice Chouraqui, who will step down at Read More

Your Money: Big companies explore virtual care to curb healthcare costs

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NEW YORK (Reuters) – Big companies are increasing incorporating virtual technology and care options into employee benefit plans to combat the rising healthcare costs that long been corporate America’s bugaboo, according to the annual survey of the National Business Group on Health. The No. 1 goal for employers in 2020 is to implement more virtual Read More

Bayer mediator dismisses report of $8 billion Roundup settlement

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NEW YORK/FRANKFURT (Reuters) – Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as much as 11% higher. FILE PHOTO: Monsanto Co’s Roundup is shown for sale in Read More

Bayer mediator says no Roundup settlement figures have been discussed

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FRANKFURT (Reuters) – Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, after a report of such a settlement had driven shares as much as 11% higher. FILE PHOTO: The logo of Bayer AG is pictured at the Read More

Bayer stock jumps after reported $8bn offer to settle lawsuits over Monsanto Roundup weed killer

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German pharmaceutical firm Bayer’s shares jumped by up to 11 percent on Friday, after media reported that the company may settle the avalanche of US lawsuits over weed killer Roundup for $8 billion. Bayer has deployed its legal team for talks with former Roundup users’ lawyers, Blomberg reported, citing sources. The negotiations, currently ongoing in Read More

Bayer soars on report of proposed $8 billion Roundup settlement

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LONDON (Reuters) – Bayer (BAYGn.DE) shares soared as much as 11% on Friday on a report that the German company has proposed to pay up to $8 billion to settle more than 18,000 U.S. lawsuits related to its glyphosate-based weedkiller Roundup. FILE PHOTO: The logo of Bayer AG is pictured at the facade of the Read More

Body found in search for student ‘who jumped out of plane’

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A body has been found amid the search for a British student who is believed to have jumped out of a plane in Madagascar. Cambridge student Alana Cutland, 19, fell out of the light aircraft over the remote Anjajavy area on 25 July. She had been finishing an internship in Madagascar while studying for a Read More

Diabetes drug maker Novo Nordisk buys pill factory in North Carolina

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FILE PHOTO: The logo of Danish multinational pharmaceutical company Novo Nordisk is pictured on the facade of a production plant in Chartres, north-central France, April 21, 2016. REUTERS/Guillaume Souvant/File Photo COPENHAGEN (Reuters) – Novo Nordisk said on Tuesday it had bought a factory in North Carolina that would assist in manufacturing and packaging its new Read More

Drug industry urges Canada to act early on U.S. import plan

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TORONTO (Reuters) – Canada’s main pharmaceutical lobby group has urged the government not to wait for drug shortages before responding to U.S. plans to import Canadian drugs, according to documents seen by Reuters. FILE PHOTO: A pharmacist counts pills in a pharmacy in Toronto in this January 31, 2008 file photo. REUTERS/Mark Blinch/Files The talking Read More