The European Union (EU) has approved the proposed acquisition of Hospira by Pfizer, but the approval subjected to conditions, the EU’s competition regulator said on Wednesday.
The world economic growth would slow this year to the lowest rate since the financial crisis, the National Institute of Economic and Social Research (NIESR) said Wednesday.
The slowing economy will gain traction in the second half of this year, supported by improving exports and household consumption and a rebounding property market, a Chinese bank has forecast.
China has invested more than 265.1 billion yuan (43.3 billion U.S. dollars) in domestic railway construction in the first half of the year, up 12.7 percent from one year earlier, China Railway Corporation said on Thursday.
Business confidence in Australia improved in the June quarter in all sectors except mining, which has been hit by falling commodity demand and falling prices.
U.S. stocks ended mixed on Friday, with the Nasdaq Composite Index refreshing its record intraday and closing highs, as investors were meditating on generally upbeat economic data and second-quarter earnings reports.
More than 592,000 complaints were dealt with and a whopping 890 million yuan (145.42 million U.S. dollars) retrieved for consumers by the State Administration for Industry and Commerce (SAIC) in the first half of 2015.
The benchmark Shanghai Composite Index climbed more than 4 percent soon after the opening on Friday.
The International Monetary Fund (IMF) cut its forecasts for the Latin American economy on Thursday, saying the region would only grow 0.5 percent in 2015, mainly due to lower commodity prices.
British banking group Barclays Wednesday announced the departure of Antony Jenkins as Chief Executive three years after he was appointed in the wake of the Libor scandal.