Prosecutors charged a former Air China Ltd. manager Wednesday with smuggling packages out of the U. S. to China on behalf of Chinese military officials stationed at the country’s New York-based mission to the United Nations, the latest turn in a case linked to an alleged U. N. bribery scheme.
Maybe a little bird told him. Twitter co-founder Evan Williams, who sits on the board of the microblogging service and is its biggest shareholder, said the company must consider a sale. When asked whether Twitter was a takeover target, Williams appeared reluctant to answer but then went on to say the bluebird brand must ponder
3G Capital’s Kraft Heinz would find buying Oreo maker Mondelez International a tasty meal, Wall Street analysts said in a report on Wednesday. After Mondelez ended deal talks with chocolate maker Hershey, Morgan Stanley analysts say the snack giant should welcome a deal with Kraft Heinz. “We have looked at [Mondelez] and consider it to
In case there was any doubt that the drug price backlash is having little effect on the willingness of big pharma to pay top dollar for promising new drugs, the $624 million buyout of a Canadian biotech by Marlborough-based Sunovion Pharmaceuticals ought to make that fact clear.
Sunovion, a privately held subsidiary of Japan-based Sumitomo Dainippon Pharma Co., announced late Wednesday that it plans to buy Toronto-based Cynapsus Therapeutics Inc.
TOKYO (Reuters) - Asian shares dipped on Thursday after lower crude oil prices dented Wall Street and a pair of Chinese manufacturing surveys did little to inspire investors as markets waited to see if U. S. employment data could put the Federal Reserve on track to hike interest rates.
SINGAPORE (Reuters) - Oil prices rose in early Asian trade on Thursday, rebounding on a weaker U. S. dollar after falling around 3 percent or more in the previous session following a surprisingly large build in U. S. crude and distillate stocks last week.