Before the Bell: AstraZeneca rejects Pfizer's take-it-or-leave-it offer

	Click to View in Browser 05/19/2014 AstraZeneca rejects Pfizer's take-it-or-leave-it offer LONDON (Reuters) - Britain's AstraZeneca on Monday rejected a sweetened and "final" offer from Pfizer, undermining the U.S. drugmaker's plan for a merger to create the world's biggest pharmaceuticals group. China, Europe drag world stocks lower; dollar slips LONDON (Reuters) - Europe and Asia dragged world equity markets lower on Monday as concerns about slower growth in China prompted investors to cut their risks. GSK dodged millions in China drug tax scam: state media SHANGHAI (Reuters) - A Chinese state-run newspaper has accused British drugmaker GlaxoSmithKline Plc of evading at least 100 million yuan ($16.04 million) in taxes, adding to pressure on the firm which is already struggling with graft charges against executives. Alibaba: the new face of finance in China BEIJING/SHANGHAI (Reuters) - For Yuan Yue, a Chinese graduate student in international trade, moving all of her spare cash to an online investment fund called Yu'e Bao was a no brainer. Ousted New York Times editor to make first public remarks (Reuters) - The New York Times' ousted top editor Jill Abramson will have a chance on Monday to address the unusually scathing criticisms of her management style leveled by publisher Arthur Sulzberger Jr. when she makes her first public remarks since she was fired. AT&T makes bet on video with $48.5 billion DirecTV bid (Reuters) - AT&T Inc plans to pay $48.5 billion to buy DirecTV, in the latest sign that the wireless industry and the U.S. television market are set to converge as customers consume more video on their mobile devices. Deutsche Bank to raise $11 billion with help from Qatar FRANKFURT (Reuters) - Deutsche Bank has asked shareholders for 8 billion euros ($11 billion) in new cash to strengthen its balance sheet ahead of European stress tests and to help fund an expansion in U.S. investment banking as its rivals retreat. BoE says banks nervous over releasing details of health checks LONDON (Reuters) - Banks in Britain broadly support Bank of England plans for yearly checks on their capital levels, although they disagree on how detailed the published results should be. Fischer, Brainard to push for more activist Fed WASHINGTON (Reuters) - The two new nominees to the Federal Reserve's Board of Governors are expected to push for an expanded Fed role in managing the U.S. economy, working to replace the current raft of programs that resulted from the financial crisis with more permanent tools. Exclusive: EU may challenge $8.7 billion U.S. tax breaks in Boeing-Airbus trade dispute - sources PARIS (Reuters) - The European Union is considering raising the pressure on the United States in the world's largest trade dispute by challenging tax breaks that encouraged planemaker Boeing to keep production of its latest jet in Washington state, people familiar with the matter said on Friday. Related Video Breakingviews: Tech Mania, the European view Breakingviews: Europe slides towards next Minsky moment Global Investing Financially smart gifts for the new grad Grandparents race to the rescue of college funds A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend