Business
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Exclusive: GSK nears deal to buy Human Genome - sources
NEW YORK/LONDON - GlaxoSmithKline is nearing a deal to acquire Human Genome Sciences for about $2.8 billion (1.79 billion pounds) in cash after pursuing the U.S. biotech company for three months, two sources familiar with the situation said on Sunday.
Recent Business News
Insight: Top palm oil producer Indonesia wants to be more refined
JAKARTA/KUALA LUMPUR - For decades, Indonesia has shipped out tanker loads of raw palm oil for processing into higher value cooking oil and margarine in Rotterdam, Mumbai and Kuala Lumpur.
Jaguar Land Rover eyes Brazil expansion: FT
LONDON - Tata Motors is in talks with Brazilian authorities about setting up a plant to assemble Jaguar Land Rover's (JLR) Freelander four-by-fours, the Financial Times reported on Monday.
Analysis: U.S. criminal inquiry puts much at risk for ZTE
WASHINGTON - ZTE Corp, the world's fifth-biggest telecommunications equipment maker, could face steep fines and restrictions on its U.S. operations if it is found to have illegally sold U.S. computer products to Iran.
Australia's Seven West Media to raise $450 million
MELBOURNE - Australian media group Seven West Media said on Monday it plans to tap shareholders to raise A$440 million ($450 million) in new shares to cut its heavy debt load as advertising markets weaken.
- Europe
- U.S.
- Asia
- Sectors
| DOW | 12,777.09 |  +203.82 |
+1.62% |
| S&P; 500 | 1,356.78 | +22.02 |
+1.65% |
| NASDAQ | 2,908.47 | +42.28 |
+1.48% |
| TR US Index | 122.73 | +1.96 |
+1.62% |
Sector Summary
| Energy | +1.21% |
| Basic Materials | +0.91% |
| Industrials | +1.07% |
| Cyclical Goods & Services | +1.00% |
| Non-Cyclical Goods & Services | +0.67% |
| Financials | +1.46% |
| Healthcare | +0.78% |
| Technology | +1.30% |
| Telecoms | +0.69% |
| Utilities | +0.64% |
Europe Market Reports
- U.K.: UPDATE 1-UK Stocks-Factors to watch on Friday July 13
- Amsterdam: UPDATE 1-Dutch property funds resume merger talks
- Belgium: UPDATE 2-AkzoNobel shares jump, but takeover seems a stretch
- France: French and Benelux stocks-Factors to watch on Oct. 3
- Spain: Spanish stocks - Factors to watch on Tuesday
- Switzerland: Miners and telecoms lift Europe shares to week-high
Other Reports
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