Business Blog

Pfizer drops its AstraZeneca bid

US firm Pfizer abandons its £55 a share, £69bn bid for UK drugs company AstraZeneca, after failing to get the British company to agree.

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Brazil’s woes weigh on sugar market

Analysts say that unless the industry restructures and the government allows fuel prices to rise, Brazilian sales will continue to hang over the market

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Protest parties score big in EU elections

Far-right and far-left parties across Europe caused a political "earthquake," with a string of victories in voting for the European Parliament.{MBD} {IMAGE}

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Pork DNA found in two chocolate products of Cadbury Malaysia -report

Chocolate maker Cadbury Malaysia, a part of Mondelez International Inc MDLZ.O , on Monday recalled two chocolate products after they tested positive for traces of pork DNA, the Nikkei Asian Review website reported.

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The rich and famous of Monaco GP

Wealthy wannabes and 24-carat gold millionaires mingled at the Billionaire Club's Monaco Grand Prix after party, Sunday.{MBD} {IMAGE}

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Pfizer admits defeat in AstraZeneca bid

The deal to bring together two of the world’s biggest pharmaceutical companies has stirred political controversy in both the US and the UK

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