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Canadian pharmaceutical company Valeant announced Monday it had paid $2.6 billion for US drugmaker Medicis, significantly boosting its skin care product offerings.

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A massive stash of what was believed to be uranium found in Bolivia’s capital contains just 68 grams of the radioactive material, Bolivia’s Interior Minister said Monday.

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Richard Branson’s Virgin Rail Group on Monday succeeded in holding up a deal that threatens to strip it of its British rail franchise.

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Nearly one in seven British shops remained vacant at the end of June as retailers struggled in a double-dip recession, a report from Local Data Company (LDC) said on Tuesday.

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A judge in Argentina has ordered the arrest of Credit Suisse executive and former U.S. Treasury Undersecretary David Mulford because he failed to testify over a 2001 Argentine debt swap, the state news agency reported on Monday.

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Valero Energy Corp. announced Monday that it will convert its shuttered oil refinery on the southern Caribbean island of Aruba into a fuel storage facility, leaving hundreds of employees jockeying for positions at the downsizing operation.

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The European Central Bank, or ECB, should do more to stem the crisis in the eurozone because the current financial facilities are not enough, the secretary-general of the Organisation for Economic Cooperation and Development, or OECD, said on Sunday.

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Dunia Finance, popularly known as dunia, on Sunday said its first-half net profit and revenues for 2012 climbed despite challenging global economic environment as the management successfully executed its growth and investment plans.

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Depa Limited, the interior-contracting firm which fitted out Burj Khalifa, on Sunday announced that its first-half revenues for 2012 climbed 10 per cent to Dh825 million from Dh749 million in the same period last year.

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