Industry
US court blocks health insurer Aetna $37-bn acquisition of Humana
24 Jan 2017
A US court yesterday blocked health insurer Aetna Inc's proposed $37-billion acquisition of smaller peer Humana Inc saying that the proposed deal would "substantially lessen competition" in the sale of Medicare Advantage plans
China shuts every sixth golf course in crackdown
24 Jan 2017
Mallinckrodt to pay $100 mn to settle 'price-gouging' charges
20 Jan 2017
The US regulator says that Questcor Pharmaceuticals, which Mallinckrodt bought in 2014, illegally raised the price of its best-selling drug Acthar by 85,000 per cent and bought the rights to a cheaper competing drug to keep it out of the US market
Aircraft-engine maker Safran buys plane-seat supplier Zodiac Aerospace for $10.5 bn
20 Jan 2017
The merger will unite Safran's activities spanning turbines, landing gear, brakes and avionics with Zodiac’s cabin interiors, fuel, lighting, safety and power-distribution gear
Coal mining town invests big in green power
19 Jan 2017
Pennyslvania mall sold for just $100
19 Jan 2017
Safran tables €10 bn takeover offer for Zodiac Aerospace
19 Jan 2017
French aircraft engine maker Safran SA is reported to have tabled a friendly €10-billion ($10.6 billion) takeover offer for aerospace equipment and systems maker Zodiac Aerospace