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BUSINESS-NEWS-SCHEDULE AT 0830 GMT / 4.30 AM ET

LONDON – U.S. drugmaker Pfizer Inc has raised its offer for AstraZeneca Plc to 63 billion pounds ($106 billion), it says, adding that the British drugmaker was reviewing the proposal….

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UPDATE 1-Ares Management slashes IPO size as demand wanes

May 1 (Reuters) – Ares Management LP could raise only about half of what it had intended from its initial public offering as weak demand led the investment firm to cut the offering size and price…

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Taiwan warns it will treat “improper” yuan derivative sales as fraud

TAIPEI, May 2 (Reuters) – Taiwan’s financial regulator has warned banks it will treat improper derivative contracts as fraud as it scrutinises the rapid growth of structured derivative products tied…

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