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Pfizer to invest US$350 million in China biotech hub, first in Asia
Pfizer will invest US$350 million to build a biotech center in China, the latest in a series of moves by pharma industry giants to set up shop in the world's no. 2 drugs market with the aim of securing faster approvals for their products.
Posted on 6-28-2016 at 9:29 AM
EU clears Marriott's purchase of Starwood Hotels
U.S. hotel chain Marriott International secured EU antitrust approval on Monday for its cash and share purchase of Starwood Hotels and Resorts Worldwide Inc.
Posted on 6-27-2016 at 9:30 AM
In Scotland, Trump applauds Britons, says they took back their country
Republican presidential candidate Donald Trump waves as he arrives at his Turnberry golf course, in Turnberry, Scotland, Britain June 24, 2016.
Posted on 6-24-2016 at 7:39 AM
Cirque du Soleil strikes US$40M deal with the NFL for Times Square attraction
Cirque du Soleil is venturing onto new turf by partnering with the National Football League in the creation of an interactive tourist attraction in New York’s Times Square.
Posted on 6-23-2016 at 2:44 PM
Fed's Yellen cautious on rates due to Brexit, hiring slowdown
Global risks and a U.S. hiring slowdown warrant a cautious approach to raising interest rates as the Federal Reserve looks for confirmation that the country's economic recovery remains on track, Fed Chair Janet Yellen said on Tuesday.
Posted on 6-21-2016 at 3:59 PM
Zuckerberg's philanthropy project makes first major investment
The Chan Zuckerberg Initiative LLC, created by Zuckerberg and his wife Priscilla Chan, led a $24 million Series B funding in Andela, the startup said on Thursday.
Posted on 6-16-2016 at 9:27 AM
U.S. Federal Reserve holds interest rates, signals two hikes this year
The Federal Reserve kept U.S. interest rates unchanged on Wednesday and signalled it still planned two hikes this year, although a slowing economic growth path for 2016 and 2017 prompted a downgrade in where the U.S. central bank thought rates would peak.
Posted on 6-15-2016 at 3:56 PM
'Come to Canada': Canadian companies cashing in on anti-Trumpism
Come to Canada. It's a smart move, says one marketing and advertising expert who sees only benefits for firms trying to entice Americans north of the border because of Donald Trump.
Posted on 6-15-2016 at 8:48 AM

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