Israel’s Teva Pharmaceutical Offers to Acquire Mylan for USD40 Billion

PENNSYLVANIA, USA - Teva Pharmaceutical Industries, an international pharmaceutical company headquartered in Petah Tikvah, Israel, has reportedly offered to buy Mylan NV, a Pennsylvania-headquartered...

Pakistan To Ink USD50-Billion Deals With China

ISLAMABAD, PAKISTAN - China, the world's second-largest economy, is set to sign deals worth USD50 billion with Pakistan under the China-Pakistan Economic Corridor (CPEC),...

A.M. Best Affirms Ratings of First Insurance Company

LONDON - A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of "bbb" of First Insurance Company...

Coulson’s Ardagh Group Nears USD3.2-Billion Acquisition of Saint Gobain Unit

DUBLIN, IRELAND - Luxembourg-based Ardagh Group, a glass and metal packaging solutions giant, is reportedly finalizing a deal to acquire Saint Gobain's Verallia glass...

Mandarin Oriental Confirms Credit Card Breach in Some US, Europe Hotels

Mandarin Oriental confirms that the credit card systems in a limited number of its hotels in the US and Europe have been accessed without...

US Services Sector PMI Hits 7-Month High in March

NEW YORK - Global financial information and services firm Markit Ltd said the final reading of its Purchasing Managers Index for the US services...

Despite Challenges, Uber to Further Expand in Canada

CANADA - Despite facing a long list of challenges in Cabada, taxi-hailing corporation Uber is not giving up on Canada, despite its current row...

Daily Business Brief : McDonalds and Walmart Pay Rise, GoDaddys Stock Market Debut, US...

Here are the top business stories around the world for April 2, 2015. McDonalds, Walmart Raise Workers' Pay Fastfood giant McDonald's and US retailer Walmart have...

Dow Chemical to Sell Chlorine Business to Olin Corp for USD5bn

Dow Chemical Co, an American multinational chemical corporation headquartered in Midland, Michigan, has agreed to sell a significant part of its chlorine business to...

Chevron Selling Stake in Caltex Australia for USD4.62 Billion

Chevron Corporation, an American multinational energy corporation, is selling its 50 percent stake in Caltex Australia Ltd, an Australian oil refiner, for about US$4.62...

Michael Jordan Joins Forbes Rich List; Bill Gates Still Richest Man

Former National Basketball Association (NBA) superstar Michael Jordan has joined Forbes magazine's annual list of the world's richest people for the first time with...