28bn

Cisco has announced its intention to acquire IT firm Splunk for $28bn, in a deal the company hopes will bolster its security and application resilience portfolio. Splunk offers cloud monitoring, observability and incident…

US regulators have warned that “rampant consolidation” in the pharmaceuticals industry is pushing up prices for patients as the Federal Trade Commission sued to block Amgen’s $28.3bn deal to acquire Horizon Therapeutics. The lawsuit…

BP has scaled back its industry-leading commitment to cut oil and gas production after soaring fossil fuel prices helped the British energy major to the highest annual earnings in its 114-year history.The company on Tuesday reported…