Japanese drugmaker Daiichi Sankyo Co Ltd (4568.T) has agreed to acquire U.S. biopharmaceutical company Ambit Biosciences Corp (AMBI.O) in a deal valued up to $410 million as it looks to build its presence in oncology, the companies said.
Firm Management
EBay follows Icahn's advice, plans PayPal spinoff in 2015
EBay Inc's agreement on Tuesday to spin off PayPal next year will give the unit more flexibility to strike deals in the rapidly evolving payments space as growth at the company's traditional e-commerce business slows.
Chinese e-cigarette maker Kimree files for U.S. IPO
Chinese e-cigarette maker Kimree Inc filed to list its shares in the United States at a time when e-cigarette companies are finding it harder to raise capital amid rising competition and increasing regulatory oversight.
Lawson to buy supermarket chain Seijo Ishii for $500 million
Japanese convenience store operator Lawson Inc said on Tuesday that it would buy upscale supermarket chain Seijo Ishii Co for about 55 billion yen ($503 million), including debt, from investment fund Marunouchi Capital.
Don Quijote to open Japanese take-out food chain in U.S. next year
Japanese discount store operator Don Quijote Holdings will open a new chain in the United States early next year selling take-out Japanese food such as deep-fried oysters and noodles to tap growing demand for Japanese cuisine, the company's chief executive said on Tuesday.
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Airline passengers will be able to use smartphones and tablet computers throughout their entire flight, the European Aviation Safety Agency (EASA) said on Friday, which could also pave the way for airlines to offer wireless communication services.
Venerable old airlines Lufthansa (LHAG.DE) and Air France (AIRF.PA) know the smart money is in the low-cost market –Ryanair (RYA.I) raised its forecasts again on Thursday - but powerful labor unions are keeping them from the bounty.
Adidas (ADSGn.DE) needs world-class designers, brand experts and technical whizzkids to improve its image against U.S. rival Nike (NKE.N), but persuading them to move to its headquarters in rural Germany is difficult.
Watch out Harry Potter, you are not the only wizard with an invisibility cloak. Scientists at the University of Rochester have discovered a way to hide large objects from sight using inexpensive and readily available lenses a technology that seems to have sprung from the pages of J.K. Rowling's Harry Potter fantasy series.
Microsoft Corp will unveil a new name for its best-known product on Tuesday when it offers the first official glimpse of its latest Windows operating system.
For Bill Gross, quitting Pimco's $222 billion Total Return Fund to take over a $13 million fund at Janus Capital is like resigning the U.S. presidency to become city manager of Ashtabula, Ohio, population 18,800.
T. Rowe Price, the second largest shareholder in Allergan Inc (AGN.N), said on Friday that it wants the company to hold off on making major moves before a Dec. 18 special shareholder meeting, and criticized the board on its corporate governance.
Agreeing on the best way to end mobile roaming charges in Europe is proving a difficult task among EU member states who are keen to deliver on their commitment to consumers but unsure of how to go about it.
Nike Inc's (NKE.N) shares rose as much as 11 percent to a record high after the world's largest sportswear maker reported a better-than-expected quarterly profit, prompting at least 13 brokerages to raise their price targets on its stock.
