 | | | | Bristol-Myers Squibb Co said on Thursday it would buy Celgene Corp for about $74 billion, combining two of the world's largest cancer drug businesses in the biggest pharmaceutical deal ever. | | | | | | Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil's Petroleo Brasileiro SA , will either save the indebted oil major - or strip it to the bone. | | | | | | Brazil's government and state-run oil firm Petroleo Brasileiro SA expect to resolve a dispute over the oil producing zone known as the 'transfer-of-rights' area within 100 days, a minister said on Thursday. | | | | | | A revenue warning from Apple Inc rocked equity markets around the globe on Thursday as concerns over a damaging China-U.S. trade battle and its impact on world economic growth boosted assets considered safer investments, such as bonds and the Japanese yen. | | | | | | For most U.S. families, the holidays are all about gathering around the fireplace, overeating at festive dinners, and playing the occasional board game. But this year, a father and son were also working on the biggest pharmaceutical acquisition of all time. | | | | | | Oil prices rose more than one percent on Thursday in a session of volatile trade, drawing support from signs that Saudi Arabia is cutting crude output but pressured by concerns that slowing global economic growth could dent demand. | | | | | | General Motors Co said on Thursday that Mark Reuss would succeed Dan Ammann as president, effective immediately, as part of the automaker's ongoing shift to electric and self-driving vehicles in North America and China. | | | | | | A top U.S. bank regulator said on Thursday she had no concerns that volatility in the equities and futures markets posed a threat to the banking system, telling Reuters the country's lenders have plenty of capital to weather further market swings. | | | | | | Wall Street was pummeled on Thursday after a revenue warning from Apple Inc and slowing U.S. factory activity stoked fears of a global economic slowdown. | | | | | | The plunge in Apple Inc's share price will likely cause new pain for Warren Buffett's Berkshire Hathaway Inc , after the conglomerate suffered a big quarterly decline in its net worth that will hit its bottom line. | | | | | |
