Exclusive: U.S. Cardinal Health puts $1.5 billion China business on block – sources

HONG KONG (Reuters) – U.S. drug distributor Cardinal Health has put its China business up for sale, drawing keen interest from state-backed Chinese pharmaceutical firms in a deal that may be worth up to $1.5 billion, sources familiar with the matter said....

ECB’s Draghi to tread softly as markets anticipate the start of ‘tapering’ in September

“Our mission is not yet accomplished. We need patience and persistence. We need to be patient, because inflation convergence needs more time to show through convincingly in the data,” the ECB’s Chief Economist Peter Praet said in a speech July 6 in...

Fecal bacteria found in drinks at UK branches of McDonald’s, Burger King and KFC

Traces of fecal bacteria have been found in drinks at three of the world’s biggest fast food chains in the United Kingdom. An investigation has found that McDonald’s, Burger King and KFC all served ice in drinks contaminated by fecal matter. Investigators...