Novartis sees bright future for eye unit

Swiss pharmaceutical giant Novartis said Tuesday a strategic review of its eye care unit showed that Alcon can deliver strong growth, but that a possible spin-off or listing is at least two years away.

Daimler profits hit by costs of diesel emissions recall

German automaker Daimler said Friday that its net profit fell 16 percent in the third quarter as a voluntary recall to improve diesel emissions hurt earnings at its Mercedes-Benz luxury car brand.

'Hungry bear' crisis grips far east Russian region

Large numbers of hungry, aggressive bears are approaching humans and have killed two people in Russia's far east due to depleting food sources, a forestry worker told AFP Monday.

Life differences make women less risk tolerant when investing

Prior research has long shown that women are, on average, less risk tolerant in their financial decisions than men. This is a concern as investors with low levels of risk tolerance might have greater difficulty reaching their ...

Sony net profit soars in April-June quarter

Japanese electronics and entertainment giant Sony said Tuesday its net profit nearly quadrupled in the three months to June, backed by brisk sales of smartphone components and cameras and solid revenue from its game business.

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