Novartis is moving further into gene therapy with a $8.7 billion deal for AveXis that gives the Swiss drugmaker a rare-disease treatment seen reaping billions in sales and bolsters its technology base.
Leaders of the two Nepalese communist parties that formed an electoral alliance and won the largest number of seats in parliamentary polls last year have agreed to merge their parties, a spokesman said on Tuesday.
The merger of Qatargas and RasGas will save the country QR2bn in operating costs annually, Qatar Petroleum president and CEO, Saad Sherida al-Kaabi said. The new entity, which is called Qatargas, started operations on January 1.
By purchasing Rupert Murdoch's 21st Century Fox empire, Disney will become the single largest shareholder in Sky -- the pan-European satellite television broadcaster of live English Premier League football.
Germany's largest airline Lufthansa said Tuesday it would push ‘rapid growth’ at low-cost subsidiary Eurowings by spending 1.0 billion euros ($1.2 billion) on acquiring more planes ...
French oil giant Total said Monday that it would buy Maersk Oil, a unit of the Danish shipping giant A.P. Moller-Maersk, for $7.45 billion (6.35 billion euros).
The European Commission on Thursday fined US social media giant Facebook 110 million euros ($120 million) for providing incorrect and misleading information on its takeover of WhatsApp.