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NEW YORK: Generic drugmaker Mylan NV won a reprieve on Monday from its unwanted suitor, Teva Pharmaceutical Industries, but now faces an uphill battle to make its own acquisition as its biggest rival just got bigger.
NEW YORK: Healthcare companies on a seven-year tear have been top performers so far in 2015, helping to push broad stock indexes to record levels, but traders are now looking to protect themselves from a selloff as they await major earnings reports in the sector.
China's investors are fuelling their own version of a dotcom bubble going by the meteoric rise in the shares of a newly-listed Internet video company.
OTTAWA: Canada’s economy contracted by the most in nearly six years in the first quarter, with business investment and exports both falling as the country grappled with a slump in oil prices.
Brian O’Kelley built AppNexus Inc to help companies advertise anywhere on the Internet. Its software plugged into virtually every digital ad-trading hub, including those from Google, the biggest ad seller, and Google’s YouTube video service. By 2014, AppNexus was valued at US$1.2bil (RM4.93bil).
New York: Gold slipped as the dollar pared losses and yields on US Treasuries surged, damping the appeal of the metal because it doesn’t pay interest.
It took 10 years and billions to get this inhaled insulin drug approved by US regulators. Now comes the hard part - getting people with diabetes to use it.
Learn more at the British Museum of Food when it opens later this month.