Reuters Danaher Corp said it would buy medical diagnostics company Cepheid in a deal valued at $4 billion, including debt, that will strengthen its presence in molecular diagnostics. Danaher, which develops technology for the dental, life sciences, diagnostics and environmental industries, spun off its industrial division in July to focus on science and technology. Piper Jaffray analysts said the …

  AFP Norway’s sovereign wealth fund, the world’s biggest, has placed US group Duke Energy and three subsidiaries on its blacklist for causing “unacceptable” environmental damage, Norway’s central bank said on Wednesday. The fund, which is worth around $900 billion has sold its stakes in the companies in line with a recommendation from its Ethics Council in April. The Council …

  Bloomberg UK Chancellor of the Exchequer Philip Hammond said he understands the risks posed to Britain’s financial industry by the vote to leave the European Union and the importance of limiting the fallout on banks. ”It is important Britain maintains its status as a great place for financial services,” Hammond said in a statement. “The government stands ready to …