 "Reuters")
Reuters
Reuters
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
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Celgene to acquire Impact Biomedicines for up to $7 billion
Celgene is interested in Impact Biomedicines' fedratinib that has shown promise as a potential treatment for a type of blood cancer
 "Celgene to acquire Impact Biomedicines for up to $7 billion")
Saudi Arabia changes Aramco status to joint-stock company
The sale of around 5 per cent of Aramco is expected to go ahead in 2018
 "Saudi Arabia changes Aramco status to joint-stock company")
Uber ex-CEO Kalanick likely to sell 29% of stake for $1.4 billion
The former Uber CEO is still on the board of directors
 "Uber ex-CEO Kalanick likely to sell 29% of stake for $1.4 billion")
UK new car sales record eight-year-low of 5.7% in 2017
Car sales in Britain have previously been a leading indicator for the performance of the economy and last year's drop is the biggest since demand nosedived in 2009 after the financial crisis
 "UK new car sales record eight-year-low of 5.7% in 2017")
China Development Bank withdraws insolvency petition against RCom
CDB had filed the petition in November seeking insolvency proceedings against RCom, saying a large amount of loan principal and interest payments was overdue
 "China Development Bank withdraws insolvency petition against RCom")
Will 2018 be the year of oil stocks? Investors bet big on crude's recovery
However, fears that advances in electric vehicles will undermine longer-term demand for oil still overshadow the sector
 "Will 2018 be the year of oil stocks? Investors bet big on crude's recovery")