December 1, 2016
Valeants talks to sell a stomach-drug business to Japans Takeda for roughly $10 billion broke down amid last-minute disagreements over price and other matters.
OPEC representatives reached a deal to cut oil production after months of wrangling, in an effort to lift sagging prices.
Steel and iron-ore prices in China slid after exchanges there lowered the daily trading limit and raised margin requirements.
Chinas central government pledged to strengthen oversight of offshore investment by state-owned companies.
RBS must add around $2.5 billion in capital after failing a Bank of England stress test.
Growth in smartphone shipments ground to a near halt this year, according to research firm IDC.
A Morgan Stanley investment fund reduced the valuation of its holding in Indias Flipkart Internet by 38%.
Philip Morriss CEO said the tobacco giant could walk away from selling traditional cigarettes altogether someday.
GoPro said it would cut about 15% of its workforce and signaled it will pull back on attempts to diversify beyond its core action-camera offerings.