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Merck does not want to sell $1 billion consumer health business

Companies | Friday November 28, 2014 3:00PM ET
Merck
Merck KGaA plans to keep hold of its consumer healthcare unit, pledging to develop a business that is expected to generate 2014 sales of $1 billion.


 LATEST 

Venezuela to legalize black currency market Politics BCE to buy GLENTEL for $670 million Companies HP Q4 net revenue down 2% Earnings

CAREERS

  • Carlsberg changes two SVPs

    CarlsbergNovember 28, 2014, Copenhagen, Denmark - Carlsberg announced that Isaac Sheps, SVP for the Carlsberg Group's Eastern Europe region and CEO of Baltika, and Anne-Marie Skov, SVP for Group Corporate Affairs, will step down from the executive committee.
  • Feronia names Frank Braeken as new independent director

    Frank BraekenNovember 28, 2014, Toronto, ON, Canada - Feronia Inc., a palm oil producer, announced that it has appointed Frank Braeken as an independent director of the company.
  • Karachi Electric names CEO

    Karachi ElectricNovember 28, 2014, Karachi, Pakistan - The Karachi Electric, an electric corporation, announces that Tayyab Tareen has been appointed as the chief executive officer.

 HIGHLIGHTED 

Ryanair to buy 200 Boeing aircraft for $22 billion

QUOTE OF THE MOMENT

Philip Armour"Anybody can cut prices, but it takes brains to make a better article."

Philip Armour

COMPANIES

Merck does not want to sell $1 billion consumer health business
Friday November 28, 2014 3:00PM ET
MerckMerck KGaA plans to keep hold of its consumer healthcare unit, pledging to develop a business that is expected to generate 2014 sales of $1 billion.



POLITICS

Venezuela to legalize black currency market
Friday November 28, 2014 1:28PM ET
Venezuela moneyVenezuelan President Nicolas Maduro has paved the way for the legalization of the black market for currency. The new regulations would allow for currency transactions between private companies and individuals, providing a legal underpinning for transactions that currently do not have one.

EARNINGS

HP Q4 net revenue down 2%
Friday November 28, 2014 12:48PM ET
HPHP announced financial results for fiscal 2014 and fourth quarter ended October 31, 2014. Net revenue of $28.4 billion was down 2% from the prior-year period and down 3% on a constant currency basis.

  Editor's Choice
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Gadgets

Victoria's Secret sport bra with heart rate monitor

Friday November 28, 2014 8:25AM ET
Victoria's SecretWearable devices are the next big thing and how we will use them it's easiest to see on a heart-rate monitor compatible sports bra by Victoria's Secret.
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Health

Eczema cases rising among US children
Wednesday November 26, 2014 7:28AM ET
Eczema childrenA growing number of children are being diagnosed with the allergic skin condition eczema but it can usually be eased with topical treatments, according to a new report.

Meantime

Scientists discover Earth's invisible shield
Thursday November 27, 2014 12:18PM ET
Invisible shieldScientists say they have identified an invisible shield in space that protects our planet from potentially harmful radiation.

Sea, Land, Air

Luxurious British liquid metal
Friday November 28, 2014 6:44AM ET
Bentley Grand ConvertibleThe ultimate expression of British automotive luxury is now shaped as the Bentley Grand Convertible, a roofless auto crafted entirely by hand from the very finest materials.



Travel

Where the swan has a bear for a friend
Saturday November 1, 2014 7:01PM ET
HarbinThe most northeast part of China, Heilongjiang Province, shaped as a swan, is the home of one of the most interesting Chinese cities. Welcome to "My God, it's cold!" city of Harbin.



Design

Interior design de France
Friday November 14, 2014 3:58PM ET
French interior designWhen thinking about French interior design, it is easy to slide into stereotypes and think just about Louis XIV, over-designed decorations and piles of gold. However, French design is much more than that, especially one that combines old history with new influences.

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