Chinese leaders, concerned that foreign suppliers are inflating commodity costs, are using their three futures exchanges to fight back.

Source

Onyx Pharmaceuticals agreed to acquire privately held Proteolix for up to $810 million, giving Onyx a foothold in the hematological malignancies market.

Source

Two Americans, Elinor Ostrom and Oliver Williamson, who study the way decisions are made outside the markets on which many other economists focus, were awarded the Nobel Prize in economics.

Source

China's Cnooc and a Ghanaian partner are in talks about making a rival $4 billion bid, against Exxon, for a stake in a new oil discovery off of West Africa.

Source

China's Cnooc and a Ghanaian partner are in talks about making a rival $4 billion bid, against Exxon, for a stake in a new oil discovery off of West Africa.

Source

Since confronting potential calamity back in early March, global stock markets have recovered smartly -- and while some indexes have fallen back from recent peaks, global investors remain remarkably upbeat.

Source

Numerous companies have awarded stock options to their top executives while engaged in negotiations to be acquired, a practice that typically results in the firm's executives receiving a bigger payout.

Source

Pfizer temporarily halted enrollment of new patients in a clinical trial of an experimental lung-cancer drug, saying the drug was associated with a higher rate of adverse events, including fatalities, than for patients who didn't get the drug.

Source

Three explosions in Iraq's Anbar province killed at least 15 people and wounded dozens of others, including many police officers, in what appeared to be a coordinated attack on Sunday, authorities said.

Source

Like a great movie score, a fine wine glass enhances the drinking experience. Dorothy J. Gaiter and John Brecher look for glasses that are sensual, yet unfussy.

Source