Eli Lilly & Co. , facing generic competition to its top-selling drug Zyprexa this year, said it will tie cash bonuses for employees partly to the success of medicines the drugmaker is developing as it seeks new products.
South Africa’s Vodacom Group Ltd. and MTN Group Ltd. agreed to buy mobile-phone subscribers from Nashua Mobile (Pty) Ltd. for 2.26 billion rand ($215 million), ahead of a possible winding up of the service provider.
Royal Dutch Shell Plc’s long-awaited sale of its $6.4 billion stake in Woodside Petroleum Ltd. may open the door for Asian buyers to grab a slice of Australia’s second-largest oil and gas producer, or even the whole company.
In the space of 20 minutes on the last Friday in June, the value of the U.S. dollar jumped 0.57 percent against its Canadian counterpart, the biggest move in a month. Within an hour, two-thirds of that gain had melted away.