Business

Dublin based Horizon to buy Raptor for $800m

The Ireland-based drug developer stated Monday that the accord will strengthen its business in the U.s.and provide a platform to expand in Europe and other global markets. Horizon Pharma was down 1.5% to $17.00. One analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock.

Sports Direct shares are plummeting after a huge bad news dump

It made a series of concessions to staff ahead of the meeting including guaranteed hours for shop workers on zero-hours contracts and a pledge to put a worker's representative on the board. A string of major investors in the firm, including Hermes Investment Management, CalPERs, CALSTRS and the Ontario Teachers' Pension Plan have all come out in opposition to Hellawell.

SNP aim to reach 2 million Scots in 'national survey' on independence

Ms. Sturgeon has called it "democratically unacceptable" for Scotland to have to leave the European Union after, as a nation, voting to remain. Some business leaders maintain that renewing an independence debate would "only add fresh uncertainty to Scotland's future at a time when small and large businesses are looking for stability from all layers of government", as a group of business leaders wrote to newspaper The Scotsman.

Air strikes hit Syrian towns just hours after landmark US Russia deal

Syrian government warplanes bombarded rebel-held areas around the country Saturday while insurgents shelled government-held neighborhoods in violence that left at least 45 people dead, hours after a U.S. Six civilians were killed in air strikes on Aleppo yesterday, it said. He labeled the Syrian air force the "main driver of civilian casualties" and migrant flows.

Talgo train final trial begins today from Delhi to Mumbai

According to a Ministry of Railways official on Sunday, the train left New Delhi at 2.45 pm and reached Mumbai Central in 11 hours 42 minutes at 2.33 am on Sunday. Talking about the same to FE Online, Saxena said, "Right now the Talgo trials have concluded and there are a lot of technical readings that are being gathered by the RDSO to prepare the final report".

Hanjin Shipping's Board Votes to File for Court Receivership

Amid growing possibility of South Korea's Hanjin Shipping Co. heading for court receivership after creditor banks rejected the injection of fresh funds to salvage the troubled shipper, the company's corporate bonds worth about 1.1 trillion won ($982.3 million) are expected to turn into worthless scraps of paper.

Gold Prices Drop on Speculation Over Imminent Rate Increase

Higher Treasury yields boost USA interest rates, which makes the dollar more attractive for investors to hold. "When we get to Washington, we'll be sharing views" and "really trying to come to a view on what that means for where the economy is and what the appropriate decisions are around monetary policy", San Francisco Fed President John Williams said September 6 in Reno, Nevada.

Gary Johnson - Helping Clinton Like Ross Perot?

In order to make the stage for the presidential debates, candidates must be at 15% support in an average of six selected polls prior to the event. Not surprisingly, Trump has drawn most of the attention: 1,773 minutes of evening news airtime during the first eight months of the year, far ahead of Clinton's 1,020 minutes of coverage.

Mother Teresa declared saint in massive Vatican ceremony

Twenty Films, Documentaries and Short films showcasing the life and work of Mother Teresa would be screened at the Festival. Francis declared Mother Teresa - now to be called Saint Teresa of Kolkata - someone who "taught us to contemplate and adore Jesus every day, and to recognize Him and serve Him as well as to recognize and serve our brothers in need".

Court Calls for More Hanjin Funding

South Korea's Hanjin Shipping Co. was granted a provisional U.S court protection from creditors so that its vessels can dock and unload cargoes in USA ports, a move that raised hopes for similar actions in other jurisdictions and to help prevent a major havoc in shipping deliveries.

Oil jumps as Saudi Arabia and Russia agree to work together

Crude prices gained more than 5 percent before Al-Falih and Novak made a joint statement , amid speculation that the two oil producers could reach an agreement to cap output. The price of oil is going insane on Monday as investors around the world react to confirmation that Saudi Arabia and Russian Federation have held talks about the potential to freeze oil production.

Russia, Saudi Arabia pledge to stabilize oil output

Novak and al-Fatih said they would chair the first Russia-Saudi task force on oil and gas in October. This group will meet regularly to monitor the crude oil market and give recommendations. Therefore, the Ministers agreed to act jointly or with other producers. Benchmark Brent crude was trading 3 percent higher at $48.23 a barrel in London at 11:40 a.m.

UN body says Sioux should have say in pipeline project

Now, he's dealing with added pressure of the pipeline, which he has called yet another "historic wrong" involving tribal sovereignty and land rights. For months , members of the Standing Rock Sioux tribe have been protesting at the pipeline's construction site in North Dakota .

Friday 10 pm Weather Forecast

Highs around 87°F/Overnight, look for partly cloudy skies. Then for Labor Day , highs will be in the low 90s with partly cloudy skies and 10 percent chance of isolated thundershowers for the region. The overnight low is expected to be near 59. High near 69 and low around 54. Temperatures fall into the lower 70s. Off the coast, weather models have continued to project waves between 10 - 15 feet to even cresting at 20 feet well off the coast of New Jersey.

Williams sisters, Murray, del Potro lead lineup at US Open

Williams' path to a potential 23rd Grand Slam title - which would move her past Steffi Graf for second all-time - has been undramatic and businesslike. It didn't hinder her play though. Delivering 13 aces with the roof closed at Arthur Ashe Stadium , and showing no signs of a sore right shoulder that she said requires "constant" treatment, Williams improved to 306-42 in matches at major tournaments, a winning percentage of.879.

Fed's Yellen says case for interest rate hike has strengthened

In sum, Yellen opened the door for a September rate hike with the same hedges she's used in the past. Yellen cited average job gains of 190,000 per month over the past three months and "solid growth" in household spending. In her speech, Yellen said the Fed still believes that future rate increases, whenever they occur, will be "gradual". Financials, which stand to gain the most if rates are increased, fell the least.

EU says Apple must pay up to 13B euros in back taxes

The investigation found that Apple's effective tax rate on profit reported in Ireland was just €500 per million euros in profit, falling to €50 per million in 2014. It will probably take Apple and the Irish Government a couple of years to sort this issue out with the Eu regulators and could involve a long legal process.

Explosion Kills at Least Six People Near Somali President's Home

The explosion caused extensive damage to parts of the hotel and the second checkpoint of the entrance to the presidential palace, police Capt. Abdirisak Mohamed said. This attack comes just one week after al-Shabaab militants attacked a restaurant in the capital, killing 10 people. In June, the group also claimed separate attacks on two hotels popular with Somali politicians that left more than two dozen people dead.

EBay Urges Canadian Businesses To Write To Trudeau Over Canada Post Dispute

It looks like mail service won't grind to a halt, even if postal workers and Canada Post fail to come to terms in protracted negotiations tonight. But NDP Canada Post critic Karine Trudel called the push for legislation "troubling", warning that it would "only serve to stack the deck against workers and prolong the dispute, not resolve it".

#EndorseThis: In Anderson Cooper Interview, Trump Improvises Immigration Stance

One year ago, Donald Trump became the first major presidential candidate in the modern era to unequivocally endorse mass deportation of unauthorized immigrants. TRUMP: He says the border isn't adequately protected. Trump balked, saying detention centers wouldn't be necessary, adding, "I've never even heard the term".