Shares of AstraZeneca fell 8per cent early on Monday, hit by doubts about the British firm's strategy and speculation of a rival bid after it announced the US$39 billion purchase of Alexion Pharmaceuticals over the weekend.
The European Commission last week raised questions over the validity of a recently approved Italian media law, which could potentially curb French group Vivendi's interests in the country, daily la Repubblica reported on Monday.
Computer games firm Electronic Arts said on Monday it had reached an agreement to buy Codemasters in a deal worth US$1.2 billion, trumping an earlier agreement between the British company and rival Take-Two Interactive Software.
SINGAPORE: City Developments Limited (CDL) said on Monday (Dec 14) its hotel arm has agreed to sell a Penang hotel for about RM75 million (S$25 million), as part of moves to streamline its portfolio amid the COVID-19 pandemic. This will be the third non-core hotel asset that Millennium ......
Alphabet Inc's Google will allow its employees to work from home until September next year, extending the return to the office by a few months, the New York Times reported on Monday.
Social network firm Reddit said https://redditblog.com/2020/12/13/reddit-welcomes-video-platform-dubsmash-to-team on Sunday it would buy short-video platform Dubsmash, becoming the latest company to expand in a space dominated by Chinese-owned TikTok.
China's market regulator said on Monday it will fine Alibaba Group, Tencent Holdings-backed China Literature and Shenzhen Hive Box 500,000 yuan (US$76,464.29) each for not reporting deals properly for anti-trust reviews.
BENGALURU: Apple is probing if its Taiwanese contractor Wistron flouted supplier guidelines at a violence-hit iPhone manufacturing facility near the southern Indian city of Bengaluru, the Economic Times said, citing people familiar with the development. Over the weekend, several media reports said ...
Authorities vowed to crack down on workers who went on a violent rampage at a Taiwanese-run iPhone factory in southern India over allegations of unpaid wages and exploitation, with 100 people arrested so far.
Burger King India jumped nearly 88per cent in its market debut on Monday, after it raised about US$110 million, signaling upbeat sentiment for the country's food service sector.
