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Teva Pharmaceutical set for major layoffs in Israel, U.S.: report

FILE PHOTO: The logo of Teva Pharmaceutical Industries, the world’s biggest generic drugmaker and Israel’s largest company, is seen in Jerusalem February 8, 2017. REUTERS/Ronen Zvulun/File Photo TEL AVIV (Reuters) – Teva Pharmaceutical Industries is expected t... More »

Insurers lead European shares higher as Hurricane Irma weakens

European shares rose on Monday, led by insurers as the downgrade of Hurricane Irma in the United States raised the prospect that costs for the industry may be lower than initially feared. More »

Israel`s Teva Pharma appoints Lundbeck`s Kare Schultz as CEO

Teva Pharmaceutical Industries Ltd named H Lundbeck A/S Chief Executive Kare Schultz as its new CEO and president on Monday, as it struggles with heavy debts and fierce competition for its generic drugs in the United States. More »

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