Business

EU regulators has cleared telecom group Altice's (ATCE.AS) planned 7.4 billion euro ($7.9 billion) purchase of the Portuguese assets of Brazil's Grupo Oi (OIBR3.SA) subject to the condition that Altice sells its current Portuguese businesses.

Teva Pharmaceutical Industries shares slid five percent on Sunday after U.S. regulators approved a generic version of its top-selling multiple sclerosis drug and amid reports it was mulling a bid for rival Mylan.

Pfizer Inc scored a key victory Friday when it was cleared of liability in the first U.S. trial involving claims that its antidepressant Zoloft can cause birth defects in children born to women who take the drug while pregnant.