Bayer Separates Material Science Business

German pharmaceuticals group Bayer has moved a step closer to floating its $12.3 billion specialty chemicals business by 'legally and economically' separating the unit, now named Covestro.

Amgen to Help Develop Novartis's Pipeline of Alzheimer's Drugs

Novartis AG will share the risks and rewards as Amgen Inc. will help develop its pipeline of experimental Alzheimer's disease drugs.

Russian Airline Aeroflot to Take Control of Carrier Transaero

Russia's largest airline, state-controlled Aeroflot, will take control of the country's No. 2 carrier Transaero in a government-brokered deal to stave off bankruptcy at the heavily indebted company.

Lego Profit Boosted by Asia

Danish toy maker Lego outpaced the growth for building sets in the wider U.S. toy market, booking a 31% jump in first-half profit and a 23% rise in revenue.

(END) Dow Jones Newswires

September 02, 2015 03:17 ET (07:17 GMT)

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