Global Business Report: Sanofi, Alibaba, Disney in China

The transcript covers Santa Fe's response to a $9.3 billion takeover offer, with Amgen also considering a bid for Medivation. Alibaba reports a 39% revenue surge, driven by strategic investments despite economic slowdowns. Disney CEO Robert Iger meets with Chinese President Xi Jinping ahead of the Shanghai Disney Resort opening. Fiat Chrysler partners with Google to develop a driverless minivan, with potential for other collaborations.

What is the main reason Santa Fe believes the $9.3 billion offer undervalues Medivation?

• The offer does not include stock options.

• The offer does not account for future growth potential.

• The offer is from a competitor.

• The offer is lower than a previous bid.

How did Alibaba manage to increase its revenue by 39%?

• By expanding into new markets.

• By cutting costs significantly.

• By using promotions to attract wealthy consumers.

• By launching new products.

What is Alibaba's strategy for dealing with potential losses in its income statement?

• Cutting down on international expansion.

• Investing in high potential businesses for future growth.

• Focusing only on profitable ventures.

• Reducing investments in non-core areas.

What significant event is Disney preparing for in Shanghai?

• The launch of a new movie.

• The opening of its first theme park in mainland China.

• A collaboration with a local entertainment company.

• The introduction of a new character.

What is the nature of Fiat Chrysler's partnership with Google?

• Exclusive development of electric cars.

• Joint production of a driverless minivan.

• Collaboration on a new smartphone app.

• Shared research on battery technology.