United States

Ocearch discovers white shark nursery in famous waters off Long Island

Ocearch discovers white shark nursery in famous waters off Montauk, Long Island

Ocearch said that its latest discovery is the most significant one it has ever made. It has found the first known birthing site for great white sharks on the North Atlantic Coast.

Snapchat’s first hardware is video-capturing sunglasses

Snapchat’s first hardware is video-capturing sunglasses

Snapchat is coming up with its first hardware product, $130 video-capturing sunglasses known as Spectacles. Also, the Venice, California-based company is renaming itself as ‘Snap Inc.’

AT&T to acquire DirecTV for $48.5 billion

AT&T to acquire DirecTV for $48.5 billion

Telecom giant AT&T has agreed to acquire satellite TV firm DirecTV in a stock-&-cash deal worth around $48.5 billion, or $95 per share.

Abbott agrees to acquire Latin America’s CFR Pharmaceuticals for $2.9bn

Abbott agrees to acquire Latin America’s CFR Pharmaceuticals for $2.9bn

American pharmaceuticals & health care products firm Abbott Laboratories on Friday confirmed that it would acquire Chile-based CFR Pharmaceuticals SA in a $2.9 billion (£1.72 billion) deal.

Abbott will acquire nearly 73 per cent of CFR's publicly traded shares from founder Weinstein family-led holding company, while a tender offer will be issued for buying the remaining shares.

Pfizer-AstraZeneca deal is not inevitable: Pascal Soriot

Pfizer-AstraZeneca deal is not inevitable: Pascal Soriot

Pfizer's takeover bid for AstraZeneca is not inevitable and the Anglo-Swedish pharmaceutical giant can create value for its shareholder on its own, according to AstraZeneca CEO Pascal Soriot's claims.

FCA reprimands credit firms for producing misleading ads

FCA reprimands credit firms for producing misleading ads

The Financial Conduct Authority (FCA) on Friday reprimanded consumer credit providers for using irresponsible adverts that lack key information and mislead consumers.

The FCA, which took over responsibility for the financial sector in April, stressed that adverts must be clear, fair and not ambiguous/misleading for consumers.

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