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Lilly sees insurers pushing harder for discounts

2015-01-14 10:37:21| Agriculture - Topix.net

Health-coverage managers are becoming more aggressive in demanding discounts and exclusive deals from drugmakers to drive down the cost of medicine, Eli Lilly and Co.'

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Automakers end 2014 strongly, pushing some brands to records

2015-01-05 15:45:11| Auto Dealers - Topix.net

Holiday sales, cheap gas prices and low interest rates pushed U.S. auto sales to big gains in December, helping the industry close out a strong year with several brands setting sales records. Fiat Chrysler led the way, selling just over 2 million cars and trucks for a 16 percent increase over 2013.

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Beijing is pushing the development of the mainland's semiconductor industry. Photo: Bloomberg

2014-12-30 03:26:18| Semiconductors - Topix.net

The mainland's semiconductor industry is poised for rapid expansion over the next few years on the back of a new government policy that is infusing vast amounts of capital into the market to spur consolidation. "Many have happened, but we expect more mergers and acquisitions, joint ventures and partnerships going forward to accelerate industry growth," Bernstein Research senior analyst Mark Li said in a report based on a recent survey of 16 companies in the mainland's semiconductor supply chain.

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Mitsui CEO: U.S., Saudis Pushing Oil Lower

2014-12-18 09:14:07| Automakers - Topix.net

The head of Mitsui & Co., a big energy investor, said he believed the U.S. and Saudi Arabia were working together to keep oil prices down in an effort to hurt Islamic State and Russia. Masami Iijima, chief executive of the Japanese trading company, spoke in an interview as crude oil was trading near its lowest level since May 2009.

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Oil Prices Pushing Down Business Costs, Not Just for Airlines, Shippers

2014-12-13 09:01:49| Airlines - Topix.net

Businesses are paying less for everything from air freight to lubricants, showing that the steep drop in global oil prices is benefiting more than just consumers at the gas pump . For now, energy-related costs are posting the largest drops.

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