BASF Offers Cash for Norwegian Drug Maker

BASF SE, the world’s biggest chemical maker, agreed to pay 4.85 billion Norwegian kroner ($842 million) for Norway’s Pronova BioPharma ASA to expand in fatty acids used in health foods.

Latest Fed Minutes Point to June Rate Hike
06:39 - Most Federal Reserve officials judged “it would soon be appropriate” to tighten monetary policy again and backed a plan that would gradually shrink their $4.5 trillion balance sheet, according to minutes from the FOMC's May 2-3 gathering. Bloomberg's Chris Condon reports on "Bloomberg Markets." (Source: Bloomberg)
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