Law & Society

The ambitions of Kremlin-controlled oil champion Rosneft to boost its global reach have been reined in by U.S. authorities, which torpedoed its acquisition of a Morgan Stanley oil trading business.

Generic drug maker Actavis Plc said the U.S. health regulator denied an approval for its hypertension treatment, a fixed-dose combination of nebivolol and valsartan.

A university in northwestern China has banned Christmas, calling it a "kitsch" foreign celebration unbefitting of the country's own traditions and making its students watch propaganda films instead, media said on Thursday.