Business

Purdue Pharma LP pleaded guilty to criminal charges over the handling of its addictive prescription painkiller OxyContin, capping a deal with federal prosecutors to resolve an investigation into the drugmaker's role in the U.S. opioid crisis.

The European Union wants faster procedures to produce generic versions of drugs without the consent of patent holders, an EU document says, in a move meant to bypass usual intellectual rights protections in exceptional circumstances.

The European Commission failed to properly consider conflicts of interest when it appointed a division of BlackRock, the world's largest asset manager, to help develop green banking rules, the European Union watchdog said on Wednesday.

Royal Dutch Shell's female employees in Britain earned 18% less on average than their male colleagues in 2020, with the pay gap slightly narrowing from the previous year.

Testimony from the Canadian police supervisor who oversaw the arrest of Huawei Chief Financial Officer Meng Wanzhou two years ago will continue on Wednesday, with the defense expected to dig into the changes in the arrest plan.

A South Korean agency for protecting personal information on Wednesday fined Facebook Inc 6.7 billion won ($6.06 million) and sought a criminal investigation for providing users' personal information to other operators without consent.