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Roche Pays 24 Billion For Rest Of Cancer Expert Foundation Medicine

ZURICH/LONDON – Swiss drugmaker Roche (ROG.S) is paying $2.4 billion to buy the rest of Foundation Medicine (FMI) (FMI.O), raising its bet on the U.S. genomic...

Roche To Pay 24 Billion To Buy Rest Of Foundation Medicine

ZURICH – Swiss drugmaker Roche Holding AG (ROG.S) has agreed to pay $137 per share to buy the rest of Foundation Medicine (FMI) (FMI.O), a $2.4 billion transaction...

General Electric To Cut 1200 Jobs In Switzerland

– General Electric (GE.N) will cut 1,200 jobs in Switzerland at its troubled power generation business, about 200 fewer than its original proposal, the U.S....

South Africas Liberty Holdings Suffers Cyber Attack

JOHANNESBURG – South African insurer Liberty Holdings said on Sunday it had become the victim of a cyber attack, with an external party claiming to have seized...

Boeing Creates One-stop Shop For Jets And Services In Airbus Battle

PARIS – Boeing (BA.N) has reorganized its sales operations as part of a push into services that has helped it take a lead over rival jet maker Airbus (AIR.PA) this...

Fitbits Six Current Ex-staff Indicted In Jawbone Trade Secrets Case

– ​Six former and current employees of Fitbit Inc (FIT.N) were ​charged in a federal indictment for possessing trade secrets stolen from rival Jawbone,...

South African Labor Unions Picket Eskom Office In Wage Dispute

JOHANNESBURG – Hundreds of union members picketed outside the headquarters of Eskom on Thursday because of a wage dispute which has hurt the cash-strapped South...

Oil Prices Fall As Us Crude Production Hits Another Record

SINGAPORE – Oil prices eased on Thursday, dragged down by rising output, although strong demand and a drop in U.S. fuel inventories provided the market with some...

Bookmaker William Hill Inundated By Us Sports Teams Seeking Sponsorship Ceo

– U.S. sports teams are clamoring for sponsorship deals with British bookmaker William Hill PLC as legal sports betting starts to take off in the United States,...

Elon Musk Buys 72500 Of Tesla Shares

– Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk bought 72,500 shares of the company’s common stock, a regulatory filing bit.ly/2t4K2sY showed on...