Business

Pfizer buys Medivation for $14bn

Pfizer will offer Medivation shareholders $81.50 per share in cash, a premium of 21.35 percent to the stock's Friday close of $67.16. It agreed to buy Anacor Pharmaceuticals for $5.2 billion in May. But despite France's Sanofi, and United States firms Merck and Celgene showing interest in Medivation this year, insiders expect Pfizer to agree a takeover within days.

Business

J.K. Rowling to release 3 Harry Potter-based short story collections

These short e-books are the newest example of Rowling selecting a nontraditional format for continuing to spin fresh yarns about about Harry the boy wizard and the world he inhabits. In Short Stories from Hogwarts of Heroism, Hardship and Dangerous Hobbies, Pottermore celebrates the colourful staff of Hogwarts. Between Harry Potter and the Cused Child opening and Fantastic Beasts and Where to Find Them right around the corner, it's clear the Potterverse is as unkillable as Voldemort.

Business

Brother of Syrian boy pulled from Aleppo rubble dies in hospital

The older brother of a Syrian boy who was splashed across TV screens around the world after being injured during an air strike has died. Upsetting pictures of five-year-old Omran Daqneesh sitting in an ambulance covered in dust and bleeding from a gash on the side of his head shocked millions, but now the young boy must endure further tragedy.

Business

Lamborghini Centenario Roadster Officially Revealed

Lamborghini just unveiled the Roadster version of the most powerful auto it has ever built. Officially known as the Centenario Roadster, just 20 examples will be built to commemorate what would be Ferruccio Lamborghini's 100th birthday. The company has managed to preserve this heritage while adding convenience to the vehicle. Not forgetting the entire vehicle is equipped with apple CarPlay making it one huge iPhone and a fast one at that.

Business

Trump campaign manager no longer wants him to release his tax returns

The Donald Trump who just hired the architect of the "alt-right" racist cesspool known as Brietbart to guide his campaign. Asked on CNN's State of the Union whether they will include a " deportation force " that Trump has previously called for, Conway said, "To be determined".

Business

Urjit Patel appointed new RBI governor, to replace Raghuram Rajan

The government nominees to the MPC have been shortlisted by a Search-cum-Selection Committee headed by the Cabinet Secretary with RBI Governor and Economic Affairs Secretary and three experts in the field of economics or banking or finance or monetary policy as its members.


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