Receive Breaking News updates as they occur
British drugs giant AstraZeneca on Wednesday agreed to sell part of its antibiotics business to US giant Pfizer for up to $1.6 billion (1.4 billion euros). The deal for the company's small-molecule antibiotics, or those developed using traditional chemistry, is expected to complete in the fourth quarter, AstraZeneca said in a statement. The news comes days after Pfizer bought San Francisco-based biotech firm Medivation, which specialises in cancer treatments, for $14 billion.
The Latest developments in the civil war in Syria (all times local): 11:30 Turkey's state-run news agency says Turkish tanks have crossed into Syria as part of a military operation to free a border town ...
A car bomb exploded in a nightlife district in Thailand's deep south, killing one and wounding more than 30, in a nation already on edge after a bombing spree that targeted tourist towns. The latest blast struck late Tuesday outside a hotel in Pattani, one of three Muslim-majority southern provinces battered by a long-running and shadowy rebellion against the Buddhist-majority state. "So far there is one killed and more than 30 injured," Major General Thanongsak Wangsupa, Pattani provincial police commander, told AFP Wednesday.