BASF Agrees to Buy Pronova to Be Omega-3 Leader

BASF SE, the world’s largest chemicals company, agreed to buy Pronova BioPharma ASA for 3.76 billion kroner ($654 million) to gain a leading position in Omega-3 fatty acids used in drugs and health foods.

Why Did Baidu's Li Drop His Bid for iQiyi?
02:43 - Baidu's billionaire Chairman Robin Li pulled out of talks to buy control of the company's streaming video service iQiyi after failing to reach an agreement on its price and structure. Bloomberg's Haidi Lun reports on "Daybreak Asia." (Source: Bloomberg)
  • Full Show: What'd You Miss? (07/25)
  • How the U.S. Is Paving the Way for Electric Cars
  • The End of an Era for a Tech Titan