US pharmaceutical giant Merck has announced it will cut 8,500 further jobs in an attempt to cut $2.5bn (£1.5bn) from its costs by 2015. The company's shares rose 2.35% to $48.73 in New York trading after it announced the cuts. via Pocket http://www.bbc.co.uk/news/business-24356801#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
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