How AstraZeneca escaped Pfizer’s clutches this time
LONDON (Reuters) – On a sunny day in San Francisco last January, AstraZeneca Chief Executive Pascal Soriot was on his way to the Westin St. Francis hotel on Union Square to give investors some unexpectedly good news.
How AstraZeneca escaped Pfizer’s clutches this time
LONDON (Reuters) – On a sunny day in San Francisco last January, AstraZeneca Chief Executive Pascal Soriot was on his way to the Westin St. Francis hotel on Union Square to give investors some unexpectedly good news.
Canada probing fatal crashes amid complaints over faulty GM switches
OTTAWA (Reuters) – Canada is probing two fatal crashes in General Motors Co vehicles which were subject to a recall to fix faulty switches and has received nine further complaints from drivers, the country’s top transportation official told Reuters on …
Bank of Japan, more confident about recovery, quietly eyes stimulus exit
TOKYO (Reuters) – The Bank of Japan has begun shifting its focus from supporting growth to ways of phasing out its massive stimulus, taking first tentative steps towards a potentially momentous move for the world economy.
With London ‘fix’ under fire, China seeks bigger sway in gold trade
SINGAPORE (Reuters) – China has approached foreign banks and gold producers to participate in a global gold exchange in Shanghai, people familiar with the matter said, as the world’s top producer and importer of the metal seeks greater influence over p…
Pfizer walks away from $118 billion AstraZeneca takeover fight
LONDON/NEW YORK (Reuters) – Pfizer abandoned its attempt to buy AstraZeneca for nearly 70 billion pounds ($118 billion) on Monday as a deadline approached without a last-minute change of heart by the British drugmaker.
Pork DNA found in two chocolate products of Cadbury Malaysia: report
(Reuters) – Chocolate maker Cadbury Malaysia, a part of Mondelez International Inc , on Monday recalled two chocolate products after they tested positive for traces of pork DNA, the Nikkei Asian Review website reported.
Exclusive hedge funds crack open door to Main Street
LAS VEGAS (Reuters) – As a $14.8 billion hedge fund with a reputation for savvy mortgage trades and a record of double-digit returns, Pine River Capital Management has long signed up multi-billion-dollar pension and sovereign wealth funds as investors….
Bonds, stocks brush off Eurosceptic election gains
LONDON (Reuters) – Italian assets surged and German shares hit all-time highs on Monday as solid election showings by pro-European forces in both countries provided an antidote to Eurosceptic gains in France, the UK and Greece.
India aims to recover 228 million euros in Finmeccanica bank guarantees
NEW DELHI (Reuters) – India will move to recover bank guarantees from an aborted 560-million-euro helicopter deal with Italy’s Finmeccanica , the defense ministry said, after an Italian court lifted a freeze on 228 million euros held with European bank…
