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MEDIAWATCH

Monumental mix up at Oscars

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THE DEBATE

Do Scandals Matter? Fillon, Le Pen cry 'witch-hunt" over corruption probes (part 1)

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THE DEBATE

Do Scandals Matter? Fillon, Le Pen cry 'witch-hunt" over corruption probes (part 2)

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THE INTERVIEW

Philippines: Has Duterte’s ‘war on drugs’ gone too far?

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FOCUS

America's future strategy in Southeast Asia? Local US allies keen for answers

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THE OBSERVERS

Ukraine's illegal mafia-run amber mining; and the street art being destroyed by authorities in Brazil

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EYE ON AFRICA

Anti-immigrant protests erupt in South African capital

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IN THE PAPERS

White House silence over Kansas bar shooting angers India

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IN THE PAPERS

Oscars: Not so white anymore, but very political

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BUSINESS DAILY

A daily update on the latest business and economic news. Live on weekdays at 8.15 am Paris time.

Latest update : 2014-05-19

Astrazeneca rejects Pfizer’s ‘final’ takeover offer

The Anglo-Swiss pharmaceutical firm Astrazeneca has rejected a new takeover bid from Pfizer, worth almost $119 billion. Pfizer says it won’t improve its offer further, nor will it proceed to a hostile takeover by approaching shareholders directly. Also today: Nutella, the staple of French breakfast tables, celebrates its 50th birthday.

By Stephen CARROLL

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Archives

2017-02-27 Australia

Mobile World Congress opens in Barcelona

The world's largest mobile conference opens in Barcelona Monday, with both new tech and retro throwbacks on offer. A budget proposal from the Trump administration is expected on...

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2017-02-24 Donald Trump

Mixed signals from US administration on China's currency

During his campaign, Donald Trump repeatedly slammed China for manipulating its currency and hurting American workers in the process. One month after being sworn in, he maintains...

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2017-02-23 PSA Peugeot Citroën

Peugeot's profits double as Opel takeover eyed

Profits at the PSA group - which owns Peugeot and Citroën - nearly doubled last year, helped by cost-cutting and increased sales. That's good news for the company, which is in...

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2017-02-22 Austria

Austria to reward companies for hiring locals

Austria's government has approved rules to reward companies with tax cuts for hiring workers already resident in the country. The move is meant to help cut unemployment, but...

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2017-02-21 Air France

1.5 million fewer tourists visited Paris in 2016

The number of tourists visiting the French capital fell by 1.5 million, or 5 percent, last year. However, the city's tourism authority says there were signs of a recovery in the...

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