GlaxoSmithKline, Pfizer megadeal to create world’s medical superpower
A global medical superpower that would see combined sales of almost $10 billion will emerge from the planned merger between
U.S., China spar at WTO, blame each other for trade crisis
The United States and China clashed anew at the World Trade Organization on Wednesday, accusing each other of undermining the
America’s Fed expected to raise rates, lending rate may go up
The U.S. Federal Reserve is expected to raise interest rates on Wednesday, but may cut the number of hikes it anticipates next year
Buhari presents N8.83tr proposed budget to NASS
President Muhammadu Buhari has finally presented the 2019 proposed budget of N8.83 trillion to a joint session of the National
Novartis keeps promise, eyes new method for funding ultrapricey next-gen drugs
Novartis is weighing an insurance method often associated with natural disasters to help win coverage for its pricey next-generation
Thorny path: A replay of how Tesaro got its $5.1bn GlaxoSmithKline buyout
With its Tesaro buyout, GlaxoSmithKline chief executive officer, Emma Walmsley, finally beefed up in oncology, one of the fields she
Trump pressures Fed before meeting, warns against ‘another mistake’
U.S. President Donald Trump on Tuesday further sought to pressure the Federal Reserve as the central bank prepared to start its
Oil drops 4 percent on oversupply, equities sell-off
Oil prices fell 4 percent on Tuesday after reports of swelling inventories and forecasts of record U.S. and Russian output combined
Huawei to spend $2 billion over five years in cybersecurity push
Huawei Technologies on Tuesday said it would spend $2 billion over the next 5 years to focus on cybersecurity by adding more people
Growth fears grip world markets ahead of possible rate hike in US
World stock markets, the U.S. dollar and oil prices tumbled Tuesday as fears of slowing global economy gripped investors, just as the