LONDON (AP) - British drugmaker AstraZeneca PLC says it will pay $2.7 billion to buy out Bristol-Myers Squibb Co.'s stake in their partnership to develop and sell diabetes drugs.
The deal announced Thursday also calls for up to $1.4 billion in regulatory, launch and sales related payments,
STOCKHOLM (AP) - Scandinavian airline group SAS says it swung to a profit from a loss in the fourth quarter, but that tough competition and weak economic growth means it won't reach its financial targets in time.
The airline said profit for the quarter ending Oct. 31, was 352 million kronor ($
MOSCOW (AP) - President Vladimir Putin says the National Security Agency surveillance program is necessary to fight terrorism, but must be regulated by strict rules and norms.
Putin said Thursday at a press conference that NSA surveillance "isn't cause for joy, but not a cause for repentance
By YURIKO NAGANOAssociated Press
TOKYO (AP) - This holiday season Nintendo faces a critical test with its Wii U video game console that is pitted against Sony's PlayStation 4 and Microsoft's Xbox One as it seeks to revive flagging sales.
Analysts say there's a chance for the Kyoto-based
By PETROS GIANNAKOURIS
KALO PEDI, Greece (AP) - It was used to groom ancient Olympic athletes and remains a widely used modern staple in Greece's diet. But olive oil could be the latest victim of the country's grueling financial crisis.
The Organization of Economic Cooperation and
By YOUKYUNG LEEAP Technology Writer
SEOUL, South Korea (AP) - Samsung Electronics Co. and LG Electronics Inc. said their curved TVs will get bigger and sport the sharpness four times the regular HD television sets.
The world's two largest TV makers will display ultra-HD TVs with curved screens
By JAMAL HALABYAssociated Press
MADABA, Jordan (AP) - In the mountains of southwestern Jordan, where tradition says Moses saw the Promised Land, dozens of sick dogs lay chained and starving at an isolated olive plantation.
The dogs, including 40 puppies, eat only rotten chicken wings every few days
By The Associated Press
The price of oil slipped to under $98 Thursday after the U.S. Federal Reserve decided to start to reduce its monetary stimulus.
Benchmark U.S. crude for January delivery shed 8 cents to $97.98 a barrel in electronic trading on the New York Mercantile Exchange. The contract
BEIJING (AP) - Beijing has issued press credentials to financial news agency Bloomberg's China-based reporters after a tense delay seen as retaliation for the company's hard-hitting reports on the country's leaders.
The move marks a significant step toward obtaining residence visas that
By MATTHEW BROWN and JOSH FUNKAssociated Press
WOLF POINT, Mont. (AP) - It's tough to miss the trains hauling crude oil out of the Northern Plains. They are growing more frequent by the day, mile-long processions of black tank cars that rumble through wheat fields and towns, along rivers and
His stat line isn't overwhelming, but the imposing presence of 7-foot-6 Mamadou Ndiaye and his team's defense certainly is.
For the second time this season, UC Irvine held Eastern Washington University to 33 percent shooting or less and went on to hand EWU its first home loss in four tries
By DENISE LAVOIEAssociated Press
BOSTON (AP) - A Harvard student accused of making a bomb threat to get out of a final exam was under a great deal of pressure and seems remorseful, his lawyer said Wednesday after his client was freed on bail.
Eldo Kim, 20, was released on $100,000 bond into the
Daniel Lazcano and his brother Frank were arrested for the murder of Marcus Schur two years ago in Whitman County. Frank Lazcano has already been convicted in the case, and on Wednesday afternoon, after two previous mistrials, Daniel was found guilty by a jury in Spokane County.