(Reuters) - Merck & Co Inc said it would buy Cubist Pharmaceuticals Inc for $8.4 billion plus assumption of debt, giving the major drugmaker an entry into the market for drugs that target so-called superbugs.
(Reuters) - McDonald's Corp reported a steeper-than-expected fall at global established restaurants in November, hurt by increased competition in the United States and the after-effect of a supplier scandal in China.
NEW DELHI (Reuters) - U.S. online ride-hailing service Uber has been banned from operating in the Indian capital after a female passenger accused one of its drivers of rape, a case that has reignited a debate about the safety of women in the South Asian nation.
BEIJING (Reuters) - China's top leadership will meet on Tuesday for an annual gathering to map out economic and reform plans for the following year, and some influential advisers to the government are recommending it cuts its 2015 growth target to seven percent.
SEOUL/BOSTON (Reuters) - The Pyongyang government's state-run media said the cyber attack on Sony's Hollywood studio may have been the work of pro-North Korean supporters in a report on Sunday that dismissed charges that the country itself was to blame as "wild rumor."
LONDON (Reuters) - Songbird Estates shareholder Madison International Realty plans to accept Qatar Investment Authority's (QIA) offer for the British property company, the sovereign wealth fund behind the hostile move said.
HONG KONG (Reuters) - Dalian Wanda Commercial Properties Co Ltd, the world's second largest developer of shopping malls and office buildings, cut the size of its Hong Kong IPO by around a third to $3.9 billion to lure investors worried about its huge debt, analysts said.