Astellas Pharma Inc has bought U.S.-based Xyphos Biosciences Inc to expand its immuno-oncology business, a deal worth up to $665 million including potential development milestones and its second acquisition announced this month.
South Korean builder Hyundai Development Co said on Friday its consortium has closed on its 2.5 trillion won ($2.16 billion) acquisition of a controlling stake in the country's second-biggest carrier Asiana Airlines Inc .
Profits at China's industrial firms grew at the fastest pace in eight months in November, but broad weakness in domestic demand remains a risk for company earnings next year.
Profits at China's industrial firms in November grew at the fastest pace in eight months, breaking a three-month declining streak, as production and sales quickened, but broad weakness in domestic demand remains a risk for earnings next year.
Profits at China's industrial firms in November grew 5.4% from a year earlier to 593.9 billion yuan ($84.93 billion), the National Bureau of Statistics said on Friday.
Asian shares jumped to an 18-month high on Friday while gold and oil prices stayed buoyant in a holiday-shortened week, as investor optimism was boosted by hopes a U.S.-China trade deal would soon be signed.
Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S. consumers, stoking faith in the world's no. 1 economy even before the hoped-for end to the trade war between Washington and Beijing.
Peru´s labor watchdog has found McDonald's Corp´s Latin America franchisee Arcos Dorados guilty of six "very serious" violations of local safety and health laws following the deaths of two employees in a restaurant kitchen.
Boeing Co said on Thursday Michael Luttig, who was appointed senior adviser to the planemaker's board amid the 737 MAX crisis in May, will retire at the end of the year.
Tesla Inc entered into agreements with lenders in China for a secured term loan facility of up to 9 billion yuan ($1.29 billion), according to a regulatory filing on Thursday.
Oil prices were up about 1% to the highest in more than three months on Thursday, boosted by hopes that the China-U.S. trade fight would soon come to an end and by a report showing lower U.S. crude inventories.
Boeing Co said on Thursday Michael Luttig, who was appointed senior adviser to the planemaker's board amid the 737 MAX crisis in May, will retire at the end of the year.
The Nasdaq crossed the 9,000-point mark for the first time on Thursday as all three major Wall Street indexes posted record closing highs, boosted by optimism over U.S.-China trade relations and gains in shares of Amazon.com after a report signaled robust online holiday sales.
A gauge of global equity markets and Wall Street's three major indices finished at all-time highs on Thursday in light holiday trade as a year-end rally advanced further on optimism over a U.S.-China trade agreement.
Peru´s labor watchdog has found McDonalds Corp´s Latin America franchisee Arcos Dorados guilty of six "very serious" violations of local safety and health laws following the deaths of two employees in a restaurant kitchen.