The Swiss Market Index climbed as Novartis advanced studies on multiple sclerosis while Roche releases arthritis drug.
Industry
ONGC Declares Mozambique Gas Deal Then Withdraws Statement
Oil and Natural Gas Company (ONGC) India withdrew its statement last Monday after announcing a deal with Rovuma Area 1 in Mozambique.
Greece to sell of stakeholdings in Hellenic Petroleum, DEPA and DESFA
Greece is required to sell off its energy company shareholdings as part of their bailout deal. (Photo : REUTERS)A Greek flag flies behind a statue to European unity outside the European Parliament in Brussels The largest refinery in Greece, Hellenic Petroleum was one of the assets identified in the privatization plan of the country.
Google Purchase of Waze Creates Ripples
Google's US$1.3 billion purchase of Waze would create a ripple effect deep into the Israeli economy.
Indian companies buy Mozambique's Videocon Industries
Oil India Ltd., and Oil & Natural Gas Corp., will acquire Mozambique's Videocon Industries Ltd., to increase their overseas production and oil reserves.
Latest News
AirAsia Bhd.'s and ANA Holdings Inc.'s tieup may soon dissolve. (Photo : Reuters)AirAsia is completing its deal to buy up to 100 jets from Airbus.
Eighties software giant Manman's founder managed to raise $33 million for her new company, Kenandy.
Elan rejects the newest bid from Royalty and seeks to look at other unsolicited interested parties.
AstraZeneca purchases Pearl Therapeutics for US$1.15 billion, making it the second firm in Britain to rebuild products through deal making.
Amid the booming air travel industry, Nok Air and AirAsia X announced IPO for their shares to be used for the companies' expansion plans.
Japan’s Marubeni said that it will leave Gavilon’s energy arm from the proposed takeover deal. (Photo : REUTERS)Logo of Marubeni Corp is seen at the company's head office in Tokyo Marubeni Corp, a Japanese trading house states that it will cut its planned takeover deal over Gavilon's energy business.
The deal between Smithfield Foods and Shuanghui International may face legal challenges as Midwest states prohibits foreign ownership over agricultural lands.
Severn Trent rejected the raised bid from LongRiver consortium. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. Severn Trent, a British water firm rejected the increased US$8.
A US Court dismisses the complaint of Bloomberg filed against the Commodity Futures Trading Commission.
