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NEW YORK: A U.S. judge blocked on Monday health insurer Aetna Inc's proposed $34 billion acquisition of smaller peer Humana Inc, raising the stakes for rival Anthem Inc as it battles to close a $54 billion deal to buy Cigna Corp.
LONDON: The finance world’s attempt to build a white-collar version of blockchain – the shared-ledger technology that underpins rebellious virtual currencies such as bitcoin – has generated Silicon Valley quantities of buzz. There hasn’t been much genuine risk-taking, though, nor have we seen much of a result.
TOKYO: Japan is threatening to take India to the WTO over restrictions that nearly halved its steel exports to the South Asian nation over the past year, a step that could trigger more trade spats as global tensions over steel and other commodities run high.
Agreement between the two will be first for the long-time rivals
TAIPEI: Foxconn, the world’s largest contract electronics maker, is considering setting up a display-making plant in the US in an investment that would exceed US$7bil, company chairman and chief executive Terry Gou said.
PETALING JAYA: Healthcare provider, TMC Life Sciences Bhd, aims to increase its income from foreign medical tourism to 25% by 2020 from 10%.