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AstraZeneca rejects Pfizer's final $117bn bid British drugs giant AstraZeneca rejected on Monday a final takeover bid from US rival Pfizer worth $117 billion, saying it undervalued the firm and created uncertainty and risk for shareholders.

20 May 2014 10:55

Yahoo Japan cancels $3.2 bn plan to buy eAccess Internet giant Yahoo Japan said Monday it had cancelled plans to buy domestic telecom company eAccess from its parent SoftBank Corp. in a deal that was valued at about $3.2 billion.

20 May 2014 10:33

Apple, Google call truce in smartphone patent war The technology titans behind the top two smartphone platforms in the world called a truce Friday in a long-running patent war.

17 May 2014 11:07

Mass layoffs expected at ArcelorMittal Temirtau ArcelorMittal Temirtau plans to dismiss almost one thousand Kazakhstan workers in 2014.

16 May 2014 18:23

Samsung promises compensation over cancer claims Samsung Electronics promised on Wednesday to pay compensation to a number of employees who claim they contracted cancer from working at the company's semiconductor plants.

14 May 2014 15:01

Petrobras probe on US refinery 'near end' An internal investigation of Petrobras' controversial $1.1 billion purchase of a Texas refinery is nearing completion, the Brazilian state oil giant's chief said.

13 May 2014 10:38

Kenes Rakishev buys into Magnum Cash & Carry Businessman Kenes Rakishev has bought a stake in Magnum Cash & Carry retailer network.

05 May 2014 15:45

Rolls-Royce says in talks to sell energy unit to Siemens German engineering giant Siemens, which is seeking to buy French firm Alstom's energy division, is in talks to purchase Rolls-Royce's energy production arm, the British aircraft engine maker said.

01 May 2014 13:22

India to tap in Caspian oil in Kazakhstan India might become the developer of Kazakhstan’s Abai oil block at the Caspian Sea.

27 April 2014 12:13

Apple splitting stock as iPhone sales soar Apple on Wednesday courted investors with stock split plans as hot iPhone sales pushed up profits while underscoring pressure for the company to unveil "the next big thing."

24 April 2014 11:35

GSK, Novartis unveil major healthcare revamp British pharmaceutical giant GlaxoSmithKline and Swiss peer Novartis announced a major shake-up of their healthcare divisions on Tuesday in deals worth billions of dollars.

23 April 2014 00:31

Mattel reports loss as Barbie sales plummet Toymaker Mattel has a problem: Barbie's performance has not been very pretty of late.

19 April 2014 10:04

S. Korea state insurer sues three tobacco makers South Korea's state health insurer said Monday it had filed a lawsuit against three domestic and foreign tobacco makers, seeking damages of 53.7 billion won ($51.6 million) for payouts over smoking-related illnesses.

15 April 2014 10:25

Citigroup cuts 200-300 jobs US bank Citigroup has cut between 200 and 300 additional jobs, most in the global markets business, The Wall Street Journal reported Sunday.

15 April 2014 10:05

US launches probe into weight loss company Herbalife US authorities have opened a criminal probe into the nutrition and weight loss company Herbalife Ltd., according to media reports Saturday.

13 April 2014 16:17

Samsung Galaxy S5 makes global debut The latest version of Samsung's flagship Galaxy smartphone went on sale worldwide Friday, days after the electronics giant announced it was facing a second consecutive quarter of profit decline.

12 April 2014 11:47

Chevron, YPF ramp up Argentina shale investment US oil giant Chevron and state-controlled YPF unveiled plans Thursday to spend another $1.6 billion to develop Argentina's Vaca Muerta shale formation for oil and gas projects.

12 April 2014 10:41

Intel lays off of 1,500 employees in Costa Rica US microchip giant Intel announced Tuesday it was reducing its assembly and testing operations in Costa Rica and will lay off 1,500 employees.

09 April 2014 15:16

Romanians protest against Chevron fracking plans Thousands took to the streets of Romania on Sunday to protest against plans by US energy giant Chevron to drill for shale gas.

07 April 2014 15:30

Indian drug maker Sun to buy troubled peer Ranbaxy for $4.0 bln Top Indian drug giant Sun Pharmaceutical Industries said Monday it had agreed to buy its troubled peer Ranbaxy for $4.0 billion in stock, ending its ill-fated six-year control by Japan's Daiichi Sankyo.

07 April 2014 14:29

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