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(MENAFN - AFP) The US drugs store giant Walgreens announced Wednesday it will buy the remaining 55 percent of Alliance Boots in a deal worth at least $5.29 billion, the latest big move in the pharmaceuticals industry.

Walgreens in 2012 acquired 45 percent of Alliance Boots - a household name in Britain - and had three years to exercise an option to snap up the rest. Walgreens ...

 
(MENAFN - AFP) German 10-year bonds rose to a record high level on Wednesday as a haven for funds seeking safety from the Ukraine crisis, pushing down the country's borrowing costs to the lowest-ever interest rate of 1.103 percent.

The fixed interest on existing, traded bonds falls in percentage terms as the bonds rise, and traders said that German debt was attracting funds ...

 
(MENAFN - AFP) US soft drinks giant Coca-Cola has pulled its ads from four Russian TV stations connected with companies hit by Western sanctions over Ukraine, the daily Vedomosti reported Wednesday.

Three of the stations - REN-TV, Pyaty Kanal and Domashny - are part of a holding controlled by Bank Rossiya which was hit in the first wave of Western sanctions after Russia annexed ...

 
(MENAFN - AFP) Nigeria on Wednesday confirmed five new cases of Ebola in Lagos and a second death from the virus, bringing the total number of cases in sub-Saharan Africa's largest city to seven.

"Nigeria has now recorded 7 confirmed cases of Ebola Virus Disease," health minister Onyebuchi Chukwu said.

Those who have died include the "index patient," a Liberian who ...

 
(MENAFN - AFP) The Italian economy shrank by 0.2 percent in the second quarter, dragging the eurozone's third-biggest economy back into recession and further behind EU neighbours, data from the national statistics agency showed on Wednesday.

The contraction, which follows on the heels of a fall in the first quarter, will be a sharp blow for Prime Minister Matteo Renzi's government ...

 
(MENAFN - AFP) As Western countries launch each new salvo of sanctions against Russia over the Ukraine crisis, Moscow has returned fire with bans on food imports - ostensibly for consumer protection.

Milk, cheese and onions from Ukraine, Greek peaches, Serbian prunes, Polish apples and cabbage, Spanish meat - according to Russia's food safety regulator Rosselkhoznadzor all ...

 
(MENAFN - AFP) HypoVereinsbank, the German subsidiary of italian banking giant UniCredit, said on Wednesday it plans to axe 1,500 jobs in a shake-up of its high-street branch network.

"The number of full-time positions will be reduced by around 1,500 across the country," HypoVereinsbank said in a statement.

"Of these, nearly 1,300 will be axed in private customer ...

 
(MENAFN - AFP) A US climber who tried to go up western Europe's highest peak with his two children has sparked alarm among professional guides and officials in France for what some see as "cranks" putting lives at risk on Mont Blanc.

Patrick Sweeney was with his nine-year-old son P.J. and 11-year-old daughter Shannon when they got caught in an avalanche on the mountain.

The ...

 
(MENAFN - AFP) At his home in central Romania with hens and turkeys wandering in the courtyard, Vasile Nica welcomes visitors who have come to hear him play a unique stringed instrument that is facing oblivion.

Under the shade of an apple tree with coffee, house wine and cakes laid out on the table, Nica starts to pluck his 80-year-old wooden cobza with a goose quill.

At ...

 
(MENAFN - AFP) An Argentine grandmother whose rights group has fought to find babies stolen during the 1976-1983 military dictatorship finally found her long-lost grandson, 36 years after he was snatched from his mother.

Estela Carlotto, the 83-year-old leader of the Grandmothers of the Plaza de Mayo group, was told that her dead daughter's missing son was found after DNA ...

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