The annual fee will rise to $65 from $60, with the increase effective Sept. 1.

Preparations to sue follow a two-year probe into whether the firms steer patients away from less-expensive medicines.

Online fast-fashion giant Shein will invest about $270 million in the U.K. and Europe over the next five years to address industry waste as it prepares for a potential London listing.

The German car manufacturer trimmed its guidance for 2024 operating return on sales due to the potential Brussels closure and other unplanned expenses.

Honeywell will buy the Air Products unit in its fourth acquisition in recent months as natural-gas demand grows.

Mercedes-Benz, BMW and Volkswagen all posted declines in overall vehicle sales and saw demand drop in China in the second quarter, but experienced diverging fortunes in the hotly contested electric-vehicle market.