The headquarters of Lafarge  in Paris, France. The cement maker’s merger with Holcim will lead to synergies of more than €1.4 billion and probably close in the first half of 2015. Photograph: Balint Porneczi/Bloomberg

Holcim and Lafarge have agreed a merger to create the world’s biggest cement maker with more than $40 billion in sales and cut overcapacities a(...)

The headquarters of Roche Holding  in Basel, Switzerland. Photographer: Peter Frommenwiler/Bloomberg

Roche will halt development of a diabetes drug partly because of its undesired side-effects, marking another high-profile setback for the Swiss compa(...)