As the world’s pharmaceutical industry continues its recent spree of mergers and acquisitions, the consolidation seems to continue with AbbVie’s latest attempt to acquire one of its competitors.
The US pharmaceutical firm just raised its offer to purchase UK-based rival Shire to about $51 billion after an earlier offer was rejected. …read more
Samsung told its investors to keep their optimism in check this week as it warned that intense competition in Asia’s smartphone industry is causing Samsung’s profits to take a hit.
The South Korean company offered an early second-quarter earnings guidance on Tuesday and announced that its profits may have fallen by …read more
A government body has been assigned to evaluate the recommendations of financial penalties for price-fixing violations, according to reports, in a move that could lead to higher fines for anticompetitive corporate behavior.
The US Sentencing Commission first identified price-fixing as a potential area of study last month. Now, say reports, the …read more
The World Gold Council is exploring ways to overhaul the gold benchmark setting process as rigging claims plague the London Gold Fix.
According to reports, WGC managing director Natalie Dempster spoke Monday at a convention to discuss overhauls to the method of setting the gold fix,; reports say 34 delegates of …read more