U.S. proposes tariffs on $11 bln of EU products over Airbus subsidies https://on.ft.com/2KiBU3Q
Debenhams lenders reject Sports Direct rescue plan https://on.ft.com/2Kix4Ue
GSK two-drug/one-pill HIV treatment given FDA approval in U.S. https://on.ft.com/2Kn6323
Overview The U.S. is weighing tariffs on $11 billion in EU products, including civilian aircraft and agricultural products ranging from Roquefort cheese to olive oil, in response to the World Trade Organization's rulings that found that Brussels had provided illegal subsidies to Airbus.
Struggling department store Debenhams Plc looks likely to be placed into a pre-pack administration after its lenders rejected major shareholder Sports Direct International Plc's recapitalisation plan. GlaxoSmithKline Plc's two-drug treatment for HIV was approved by U.S. Food and Drug Administration on Monday, giving it a significant boost in its battle for market share with American biotech Gilead Sciences Inc. (Compiled by Bengaluru newsroom)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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