General Electric announced Monday it will sell its Biopharma unit to Danaher for $21.4 billion in cash as it reduces debt amid an ongoing corporate turnaround effort. The transaction allows the company to slim down

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Record levels of corporate borrowing could become a risk for the world economy if slowing growth prevents companies from redeeming their maturing bonds over the next few years, the OECD warned on Monday. The value

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US wholesale inventories increased by the most in more than five years in December as sales fell for a third straight month, suggesting an unintended piling up of goods at wholesalers that could be flagging

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Major banks are still not ready for a 'no-deal' Brexit as they grapple with delays in licences for new European Union businesses, staffing problems and snags in redrafting contracts. Despite thousands of staff working on

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Karen Khachanov and Milos Raonic suffered surprise first-round exits at the Dubai Championships on Monday as the event prepared for the return of Roger Federer. Georgian Nikoloz Basilashvili stunned Russian fourth seed Karen Khachanov 6-4,

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The rise of Afghan cricket is one of the great sporting fairy-tales and it is showing no signs of ending after their record-breaking Twenty20 series sweep over Ireland. Spin king Rashid Khan became the first

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The International Steels Limited National Open Polo Championship for the Quaid-e-Azam Gold Cup 2019 will stroll into action here at Lahore Polo Club ground from Tuesday (today). Lahore Polo Club (LPC) President Malik Atif Yar

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AB de Villiers has signed to play for English county side Middlesex in the Twenty20 Blast, the club announced on Monday. The South African batsman is a second significant marquee signing for head coach Stuart

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A controversial Australian newspaper cartoon of Serena Williams which was blasted as racist and sexist did not breach media standards, the country's press watchdog ruled Monday. Melbourne Herald-Sun illustrator Mark Knight's caricature in September showed

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Manchester City retained the League Cup by edging Chelsea 4-3 on penalties on Sunday after an incredible bust-up between Chelsea boss Maurizio Sarri and goalkeeper Kepa Arrizabalaga. The Italian tried to replace the world's most

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