Californian oil major Chevron has announced plans to streamline its operations worldwide, with an emphasis on its downstream operations in Europe, the Caribbean and Central America.
The US economy showed continued signs of recovery early this year, with retailers posting their best monthly sales performance since before the recession began in 2007.
The New York-based pharmaceuticals company Pfizer will bid up to €3 billion ($4.08 billion) for the German generic drug maker Ratiopharm Group International, according to reports.
