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GE wins U.S., European antitrust approval to buy Alstom unit

General Electric won U.S. and European antitrust approval to buy Alstom’s power unit on condition that some of the French company’s assets would be sold. Both the U.S. Justice Department and European Union announced on Tuesday that they would approve the 12.4-billion-euro ($13.9 billion) deal on condition that Alstom subsidiary Power Systems Manufacturing would be divested. The unit, which provides aftermarket parts and services for gas turbines, will be sold

Concordia Healthcare boosts drug portfolio with $1.9 billion deal

Canada’s Concordia Healthcare Corp said it would buy Amdipharm Mercury Ltd from private equity firm Cinven for $1.9 billion, boosting its portfolio of drugs to 200 from 20 and giving it a foothold in overseas markets. Amdipharm Mercury, created with the merger of Mercury Pharma and Amdipharm in 2012, buys off-patent drugs from big pharma companies such as Novartis AG , GlaxoSmithKline Plc and Abbott Laboratories and sells them in

New Sierra Leone Ebola cases frustrate efforts to end outbreak

Sierra Leone has recorded four new cases of Ebola in a village on its northern border and will likely see more infections in a further setback to efforts to end an 18-month West African epidemic, a senior health official said on Tuesday. The new cases recorded since the start of the weekend in Sella Kaffta, a village in Kambia District, were all individuals who came into direct contact with a

Go Wild in Australia's Top End

In Australia, a rugged stretch of land along the northern edge of the Outback, known as the Top End, teems with natural wonders. Tropical wetlands inhabited by colorful birds, awe-inspiring national parks—some with impeccably preserved Aboriginal rock art—tranquil rivers dotted with crocodiles, and distinct regional cultures are just a few reasons to visit this emerging part of the country. While most visitors to the Outback traditionally have flown in and