Tags: US
Shire to acquire ViroPharma for USD4.2 billion
London-listed drugmaker Shire announced its intention to buy U.S. pharmaceutical company for USD4.2 billion.
Indian Oil Corp plans USD800 million share sale
Two unnamed sources said India would be selling 10% of its stake in Indian Oil Corp. India planned to sell 10% of its stake in Indian Oil Corp. That would amount to USD800 million, two sources familiar with the matter said.
SolarWorld looks to buy Bosch's solar plant
Germany's SolarWorld engaged in talks to buy car parts supplier Bosch's solar plant in Arnstadt.
China's Tencent buys into Snapchat
China's Internet giant Tencent Holdings Ltd. made a move to shower Silicon Valley's app maker Snapchat with a USD200 million investment.
Latest News
Various investors and strategists react to the decision of the Federal Reserve. On Wednesday, The Federal Reserve had extended support for the slowing economy of the US.
With the labor market down, private sector employers in the US had hired fewer workers for the past six months.
Sources told Reuters that the end to the probe of JPMorgan's criminal liability about the mortgage bonds it issued in the financial crisis could be far from over.
Europe's clean energy investment had fallen 14% after cheaper US natural gas had lured more investment, said a London-based research firm.
On Tuesday, Finance Minister Luis Videgaray said that Mexico had urged the United States to reach an agreement to raise the nation's debt limits to avoid a possible default that could ruin the international reputation of the country.
According to a report from USA Today, the new USD 100 note has a distinctive feel and new security features.
The US shutdown and its eventual break in the deadlock has been hoped by many countries as the effect has reached other bourses.
Rupee's depreciation makes India an attractive proposition for US investors. India's top ranked takeover advisor Bank of America Corp identified the rupee's depreciation as the main factor in generating interest from US companies in setting up factories in India.
US and South Korea discussed the possibility of delaying wartime control transfer to South Korea's troops amidst fears of North Korea's weapons of mass destruction capabilities.
The US-India ties were seen to lose its shine over economic differences and was even admitted by India's National Security Adviser.