HYDERABAD, May 16 (Reuters) - Indian biopharmaceutical company Biocon reported a decline in its fourth-quarter profit on Thursday, as soaring raw material costs overshadowed growth in its biosimilar business in key United States and Europe markets. The company's consolidated net profit fell 56.6% to 1.36 billion rupees ($16.3 million) for the quarter ended March 31. Its revenue from operations rose...

(Reuters) - Hugo Boss has struck up a multi-year design partnership with Former Manchester United midfielder David Beckham, the German fashion house said on Thursday, as it seeks to boost demand for its Boss brand. The collaboration includes collections designed and curated by David Beckham for both formal and casual menswear, the company said, with the first collection to launch...

(Reuters) - United Airlines said on Thursday the U.S. Federal Aviation Administration has permitted the carrier to restart its certification activities, including new aircraft and routes. The airline's certification activities were suspended after the FAA said in March it was increasing its oversight of United following recent safety incidents. The aviation regulator said it would initiate a formal evaluation to...

09:38 AM EDT, 05/16/2024 (MT Newswires) -- (Updates to add details) United Airlines (UAL) is no longer under a Federal Aviation Administration-mandated operational freeze, Bloomberg reported Thursday, citing a company message to employees it has viewed. The FAA operational freeze on United Airlines began following a string of high-profile safety incidents, including a wheel falling off soon after takeoff and...