Mylan to buy Sweden’s Meda for $9.9bn

Deal is latest to reshape the market for copycat generic drugs

Rolls designs revolution on factory floor

Closing gap on rivals’ profit margins requires more efficient manufacturing techniques

Payment processing company Worldpay has said it plans to raise £890m by listing its shares on the London stock market. The flotation could give the company a market value of nearly £4bn and push it into the FTSE 100 index of the largest UK-listed firms.

Worldpay launches into Canada

Payments group teams up with local bank to gain domestic licence

Five of the top 15 biggest-grossing films last year were shot at Pinewood Studios
©MGM; Paramount; Disney; Marvel; Lucasfilm

Pinewood considers £250m sale

UK studio group says tightly held shareholder register stifles liquidity in shares

Read between lines of Deutsche’s memos

There are several giveaways in CEO John Cryan’s memo to staff

Flag of Puerto Rico at Capitolio, San Juan ID 41750618 © Wangkun Jia | Flag of the Commonwealth of Puerto Rico in front of Capitolio, San Juan, Puerto Rico.
©Wangkun Jia/Dreamstime

Puerto Rico creditors make counter offer

Investors seek to avoid haircut while providing debt relief

M6 Toll road goes on the block

Consortium of banks to offload Britain’s only pay-to-use motorway

Maersk warns on business conditions

Group hit by falling oil prices and container freight rates

Telecom Plus slips on fuel cost fears

FTSE 100 bounces off a three-year low

BP offers positive global outlook

US producers expected to recover strongly after oil price rout

Rosneft rejects case for oil output cuts

Putin ally questions feasibility of co-ordinated action on crude

Obama climate strategy left up in the air

Court decision removes deadline for states to lodge carbon plans

Flood Re sets out plan for its own demise

Government body’s mandate intended to last until 2036

Natixis buys 51% stake in Peter J Solomon

French bank looks to tap into US M&A boom

Reclaim tax on children’s flights

Parents might be owed air passenger duty by airlines

European banking shares rebound

Recovery comes as Deutsche Bank considers debt buyback

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