Takeda Pharmaceutical Co, Japan's largest drugmaker, agreed to buy Millennium Pharmaceuticals Inc for $8.8 billion, gaining a blood-cancer medicine before the patent on its best-selling Actos diabetes pill expires in 2011.
Two of the world's largest oil companies unveiled plans to jointly develop a multibillion dollar pipeline to move natural gas from Alaska's energy-rich North Slope to US markets.
Levi Strauss & Co began its new fiscal year with a 10th straight quarter of higher profits, but the jeans maker's momentum appears to be tapering off as the US economy frays.
The noise is deafening at Diageo PLC's Abercrombie coppersmiths as skilled workers hammer away, molding 14 large bell-shaped stills destined for Scotland's first new whisky distillery in more than three decades.
Russia's steel elite, with cash to burn from record profits, has accumulated almost 10 percent of US steelmaking capacity as it bets big that demand in the world's largest economy will ride out a global credit crunch.
In a bid to reinvigorate lackluster US traffic, Starbucks Corp introduced a new, everyday brew called Pike Place Roast yesterday and for 30 minutes handed out free 240 ml samples.
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