US drugmaker Pfizer Inc and Ireland-based Allergan Plc formally announced the scrapping of their $160 billion merger on Wednesday, in a big win for President Barack Obama who has been pushing to curb tax-slashing "inversion" deals.
U.S. drug maker Pfizer Inc agreed on Tuesday to terminate its $160 billion agreement to acquire Botox maker Allergan Plc, in a major victory to U.S. President Barack Obama`s drive to stop tax-dodging corporate mergers.
Obama said on Friday after meeting Erdogan on the sidelines of a nuclear summit in Washington that he was troubled by curbs on the press in Turkey and said he had urged Erdogan not to repress democratic debate in his country.
Terrorist organisations like al Qaeda and ISIS will use nuclear weapons if they ever get hold of it, US President Barack Obama warned on Saturday a day after he hosted leaders from over 50 countries including India for the Nuclear Security Summit (NSS).
Indian Prime Minister Narendra Modi vowed to develop and deploy technology to defend against nuclear terrorism as President Barack Obama called on global leaders to jointly confront the growing threat of the Islamic State.
US President Barack Obama said Donald Trump`s suggestion that Japan and South Korea should consider obtaining nuclear weapons demonstrates the Republican presidential front-runner`s lack of understanding about foreign policy.