P&G to Buy German Merck's Consumer Unit for $4.2 Billion

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P&G to Buy German Merck's Consumer Unit for $4.2 Billion

The deal represents “a step in the right direction for P&G,” said Deborah Aitken, an analyst with Bloomberg Intelligence. Merck's Seven Seas cod liver oil and Bion3 supplements had reportedly attracted interest from rival Reckitt Benckiser Group Plc as well as drugmakers Mylan NV and Perrigo Co.
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The UK Just Went 55 Hours Without Using Coal for the First Time in History

Coal, which fueled the world's biggest economies for more than a century, is increasingly losing out to renewables. The latest example of how one of the dirtiest fossil fuels is being squeezed out of the market came this week in Britain, which went for a record 55 hours without its any of its power plants
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World's Most Unloved Stocks Pummeled Further by Rate-Hike Fears

But rising costs of oil and rice, a staple food, have added to price pressures and hurt the crude-importing country. The Philippines has the fastest pace of inflation among 17 Asia-Pacific nations tracked by Bloomberg after Kazakhstan. The majority of economists surveyed in February to April predict the
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EAC to harmonize accounting curriculums

Plans are underway to rationalize and streamline accounting curriculums in the East African Community to harmonize cross boarder accounting practices. The Institute of Certified Public Accountants of Kenya says the common curriculum will open up opportunities for local accountants. Weeks after
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Exclusive: Facebook to put 1.5 billion users out of reach of new EU privacy law

SAN FRANCISCO (Reuters) – If a new European law restricting what companies can do with people's online data went into effect tomorrow, almost 1.9 billion Facebook Inc users around the world would be protected by it.
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