Asia’s benchmark stock index fell from an almost three-month high amid a renewed selloff of technology shares and as a gain in the yen yesterday dragged Japan’s Topix index to its worst week since June.
Chevron Corp., the world’s third- largest oil company, signed an accord with Argentina’s YPF SA to invest $1.6 billion this year in shale development and become the country’s largest foreign producer of shale oil and natural gas.
A U.S. Supreme Court justice asked generic-drug makers to respond to Teva Pharmaceutical Industries Ltd.’s bid for perhaps a yearlong delay on competition to its top-selling Copaxone multiple-sclerosis drug.
Russian billionaire Mikhail Fridman is getting some help from European Central Bank Chairman Mario Draghi in his efforts to salvage VimpelCom Ltd.’s investment in Italian mobile-phone service Wind Telecomunicazioni SpA.
Teva Pharmaceutical Industries Ltd.’s surge to a three-year high is creating a windfall for billionaire George Soros after he lifted the Israeli drugmaker above Microsoft Corp. to become the biggest holding in his fund.