Industry
Baxalta wants Shire to raise its $30 billion bid before talks
14 Aug 2015
Baxalta wants Shire to sweeten its $30-billion bid before it engages in talks with the Dublin-based pharmaceutical major
Rising US stocks push crude prices to a fresh 6-year low of $42 a barrel
14 Aug 2015
Crude oil prices, which have been in a tailspin over the past 14 months amidst rising US production of shale oil and OPEC’s unwillingness to cut back on production, have led to a supply surge
Rising US stocks push crude prices to a fresh 6-year low of $42 a barrel
14 Aug 2015
Crude oil prices, which have been in a tailspin over the past 14 months amidst rising US production of shale oil and OPEC’s unwillingness to cut back on production, have led to a supply surge
Chinese steel exporters slash prices post devaluation as India hikes duty
13 Aug 2015
Steel mills in China’s top steel producing city, Tangshan, now exports semi-finished steel products at around $295 per tonne, less than half the price Indian steel mills
Kraft Heinz to axe 2,500 jobs in North America
13 Aug 2015
Sales of Kraft fell 4.9 per cent to $4.52 billion due to weaker demand while Heinz revenue was down 4.1 per cent at $2.62 billion on account of strong dollar
Pearson to sell stake in The Economist to Agnelli family for $731 mn
13 Aug 2015
Within three weeks of the sale of its popular Financial Times (FT) business newspaper, British publisher and education major Pearson Plc has sold a significant chunk of the coveted weekly publication The Economist
Pearson to sell stake in The Economist to Agnelli family for $731 mn
13 Aug 2015
Within three weeks of the sale of its popular Financial Times (FT) business newspaper, British publisher and education major Pearson Plc has sold a significant chunk of the coveted weekly publication The Economist
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