Tag Archives: consumer

Bayer to cut loose animal health, consumer brands and 12,000 jobs in huge shakeup

At last, after back-and-forth speculation and denials, Bayer has revealed it will indeed cast off its animal health unit, a few consumer health brands and 12,000 jobs amid a large-scale restructuring that touches every area of its business. The decision is intended to strengthen Bayer’s “core life science businesses” and “to enhance productivity and innovation… Read More »

Turkey Europe's biggest antibiotics user, Mongolia top consumer in world, WHO survey shows

Antibiotics use is dangerously high in some countries, especially in the southern Mediterranean, driving the emergence of deadly superbug infections, a survey by the World Health Organization showed on Monday. The “WHO Report on Surveillance of Antibiotic Consumption” looked at antibiotic use in 65 countries and found the Netherlands used 9.78 defined daily doses (DDD)… Read More »

JPMorgan's consumer banking strength offsets bond trading weakness

(Reuters) – JPMorgan Chase & Co (JPM.N) reported a better-than-expected quarterly profit on Friday as gains from higher interest rates and growth in loans helped the bank offset weakness in bond trading revenue. The largest U.S. bank by assets, whose results are often seen as a barometer of the economy, has benefited from a tax… Read More »