Sectors
Akorn grabs 3 eye drop products from Merck
Illinois-based niche pharmaceutical firm Akorn Inc acquired the US rights to three branded ophthalmic products from New Jersey-based international pharmaceutical company Merck for USD52.8 million.
Forbes Media hires Deutsche Bank to explore a sale
New York-based financial magazine publisher Forbes Media hired Deutsche Bank to explore the sale of the company, which could potentially be valued between USD400 million and USD500 million.
Jolla to launch Nokia-powered smartphone
Finland-based tech startup Jolla Ltd announced that it will launch of its first pricey smartphone called Jolla on Nov 27, which is powered by Nokia's obscure MeeGo software.
US Postal Service ends fiscal year with USD5 billion loss
The troubled US Postal Service (USPS) reported an annual loss amounting to USD5 billion for the fiscal year that ended on September 30 despite efforts to improve profitability.