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Drugmaker Shire says it's seeking to buy Baxalta, a company spun-off by Baxter International last month, for $30 billion to forge the leading global specialist in rare diseases. As Joel Flynn reportsthe London-listed group went public with its approa
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American Airlines joined United and Delta in banning the transport of game trophies after the outrage over the killing of Cecil the lion. Fred Katayama reports.
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BMW, the world's biggest luxury carmaker, has warned its outlook could be at risk from any further deterioration in the Chinese market, where its sales have begun to fall for the first time in a decade. But as Sonia Legg reports, BMW still expects re
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The number of Spaniards registered jobless fell for a sixth month in a row in July. But as Sonia Legg reports, with nearly all new hires on temporary seasonal contracts, the revival of a long-depressed labour market remains a work in progress.
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Tom Hayes, the former trader found guilty of Libor maniopulation, is starting a 14-year jail sentence. As David Pollard reports, his conviction won't be the end of the scandal.
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New Delhi, Aug 4 (ANI): Trading at the Bombay Stock Exchange today closed 115.13 points down to stand at 28,071.93. At the National Stock Exchange the Nifty closed 26.15 points down to stand at 8,516.90. Adani Enterprises Ltd and Torrent Power Ltd were am
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Greece's banking stocks have plunged for the second day in a row, dragging the main Athens index down and reflecting the country's continuing financial and economic woes. As Joel Flynn reports the overall Athens index was down about 4 percent af
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Shares have fallen nearly 10 percent at French bank Credit Agricole and Britain has sold a 2.1 billion pound ($3.3 billion) stake in Royal Bank of Scotland, to kick off the disposal of its holding seven years after bailing out the bank. Hayley Platt repor
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Mumbai, August 04 (ANI): The Reserve Bank of India (RBI) kept its policy rate on hold at 7.25 percent on Tuesday, as widely expected, while leaving the door open to ease further depending on the inflation outlook and how swiftly banks lower their lending
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Stocks began the week under pressure from the energy sector. Puerto Rico defaults on a bond payment. Bobbi Rebell reports.
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Barnes and Noble has spun off its college bookstore business in a bid to better compete against rivals like Amazon, and to be able to complete strategic deals in the digital space. Bobbi Rebell reports.
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The company's on-site presence across over 700 college campuses can't be matched by competition, says Barnes & Noble Education's executive chairman Michael Huseby. Bobbi Rebell reports.