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Pfizer is buying injectable-medicine maker Hospira for about $17 billion in one of the most expensive purchases in the history of the New York-headquartered pharma company.
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The Fiji News.Net

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US stocks plunged Friday after a highly-anticipated report showed the recovery in the jobs market was sharply slowing down.
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According to the Labor Department, the US economy added only 69,000 new jobs in May, the smallest gain in a year, while economists were expecting a much stronger increase.

Meanwhile, the unemployment rate climbed to 8.2 percent from April's 8.1 percent, which was the first increase since June 2011.
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The Fiji News.Net has been delivering news from and about Fiji since 1999.
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The Fiji News.Net highlights the latest happenings from Fiji on a continually updating basis. Aside from breaking news from the Fijian Islands, The Fiji News.Net is a renowned source for international coverage as well as markets reports and business updates.