Monthly Archives: July 2016

Fosun agrees to buy KKR-backed Indian drugmaker for $1.4 billion: source

HONG KONG (Reuters) - Shanghai Fosun Pharmaceutical Group Co Ltd has agreed to buy Gland Pharma - backed by KKR & Co LP - for about $1.4 billion, a person with direct knowledge of the matter said, in India's largest inbound acquisition this year.

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Bytes and barrels: the origins of oil traders’ love of Yahoo

NEW YORK (Reuters) - For the oil industry, Yahoo Inc's decision this week to sell its core business to Verizon Communications Inc for $4.8 billion does not matter all that much. Their world already changed a few months ago, when the company said it w...

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PRESS DIGEST – Wall Street Journal – July 28

July 28 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

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U.S. consumer agency seeks to overhaul debt collection industry

WASHINGTON (Reuters) - The U.S. watchdog for consumer finances unveiled on Thursday a major proposal to toughen regulation of the multibillion-dollar debt collection industry, with a focus on keeping agencies from pushing people to pay debts they do no...

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