Topic: trade

UPDATED: Pharma shares celebrate Trump win, but trade problems loom

Biopharma shares soared with Donald Trump's presidential victory as the threat of sweeping action against drug prices lifted. But Trump won't be idle on pricing, analysts say, and his ferocious opposition to trade deals could be a long-term headache for the decidedly global pharma business.

India may swap medicines for Venezuela crude oil

India is looking into a barter plan that would swap medicines for crude oil from Venezuela as the Latin American country faces severe shortages linked to the near collapse of its petroleum-dominated economy.