Business

Roche Holding AG (ROG.VX) said it would pay up to $1.725 billion to buy Seragon Pharmaceuticals, a privately-held U.S. biotech company that researches breast cancer treatments. Roche has long dominated the field of breast cancer with drugs such as Herceptin...

Hitachi Data Systems Corporation (HDS), a wholly-owned subsidiary of Hitachi Limited, has unveiled new technology in Nigeria in line with its global launch to accelerate customer success with business defined information technology (IT) – a closer linking of a...

BNP Paribas’ guilty plea and agreement to pay nearly $9 billion for violating U.S. sanctions is part of a larger U.S. Justice Department shift in strategy that is expected to snare more major banks and other firms across the...

Morgan Stanley (MS.N) wants to pay out a smaller portion of wealth management revenue to the retail brokers who generate it, the final and perhaps most difficult front in Chief Executive James Gorman's drive to reduce staff costs across...

U.S. safety regulators announced an expansion on Monday of a previous recall to include more model years of Fiat Chrysler (FIA.MI) vehicles that have ignition switches that can be inadvertently shut off. Added to a previous recall were model year...

LADI BALOGUN, FCMB GMD Mr. Ladi Balogun is the Chief Executive Officer of FCMB Group Plc, the Nigerian lender that acquired bailed out FinBank Plc about three years ago. He responded to a few questions via email. Q: As the bank intends...

The U.S. Justice Department is expected to announce on Monday a settlement with BNP Paribas (BNPP.PA) involving a record fine of nearly $9 billion over alleged U.S. sanctions violations by France’s biggest bank, sources familiar with the matter said. The...

Boeing and Airbus were among three bidders in South Korea's roughly 1.4 trillion won ($1.38 billion) program to buy four refueling tanker aircraft, two people briefed on the matter said on Monday. South Korea kicked off the acquisition process in...

Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led chief executives to strike big transactions so far in 2014, raising year-to-date global deal volumes to their highest level in seven years. Corporate buyers...

After decades of isolation, the United States is set to become a major player in the global trade of ultra light oil as recent government export approvals attract interest across the world. Following rulings disclosed this week, U.S. companies can...