By

US-based Pfizer and Ireland-based Allergan said Monday they will merge to create the world’s biggest pharmaceutical group in a deal worth about $160 billion.

Venezuela, Algeria and Nigeria argued strongly that Opec’s production ceiling should be cut to support prices so the fact that it has been removed is a major blow to their prestige.

This comes after last month’s positive report that jobs surged to 271,000. Also, the rise in wages appears slanted toward management: Average hourly earnings for production and nonsupervisory employees increased at an annualized rate of 1.9 percent in the three months...

The name of the event was previously changed from “Christmas” to “Annual” in the mid-1990’s following a court case surrounding a Jersey City holiday display that contained multiple religious symbols on municipal grounds.

Pfizer and Allergan will join in a $160 billion deal to create the world’s largest drug maker.

The US dollar was almost flat against the euro yesterday despite the stronger-than-expected US monthly jobs data, as markets continued to digest Thursday’s unexpectedly small stimulus from the European Central Bank.

British Columbia’s 450 or so tree farms produce about 300,000 Christmas trees a year.

However, officials argued that the failure of that payment did not represent a default because it involves moral obligation bonds, which means there is no legal requirement to repay them.

Online sales make up 10 percent of overall retail sales, but that increases to 15 percent before Christmas as online shoppers snap up discount deals, according to research firm Forrester.

He didn’t outline any fresh commitments specifically, saying plans would be announced only after foreign ministers first consult their governments at home.

The U.S. economy added 211,000 jobs in November and unemployment was 5.0%, remaining unchanged from the previous month, according to figures released this morning by the U.S. Bureau of Labor Statistics (BLS). The construction sector led the increase with 46,000 jobs added, along...

A $160 billion deal announced Monday to merge Pfizer and Allergan and create the world’s biggest drug company renewed the outcry in Washington over “inversions”, in which US corporations combine with companies overseas to lower their tax bill.

During the evening of December 4, Tornado GR4s and Typhoon FGR4s, based at RAF Akrotiri in Cyprus, conducted a further series of strikes on targets in the very large IS-controlled oilfield at Omar in eastern Syria, MoD said on Saturday in a statement.

The Labor Department on Friday reported the US gained 211,000 jobs last month, with jobs figures for October and September nudged higher as well.

Iraqi Oil Minister Adel Abdel Mahdi said his country would further raise output next year after having steeply increased production in 2015.