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German chemicals and pharmaceuticals giant Bayer, maker of Aspirin painkiller, said on Tuesday it will acquire the consumer care business of Merck and Co in the US for $14.2 billion. “Bayer has agreed to acquire the consumer care business of US pharmaceutical company Merck and Co., for a purchase price of $14.2 billion (10.4 billion… » read more

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China and Germany held the first round of inter-governmental consultation on Tuesday, pledging to further boost bilateral ties and cooperation through this mechanism. The consultation, co-chaired by Chinese Premier Wen Jiabao and German Chancellor Angela Merkel, is a dialogue mechanism aimed at enhancing cooperation between the two countries. During the consultation, Wen said both sides… » read more

Posted by worldtraveler