PRESS DIGEST- New York Times business news - Oct 8

Wed Oct 8, 2014 12:51am EDT
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Oct 8 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

* Valeant Pharmaceuticals International Inc and Pershing Square Capital Management are planning to raise their offer to acquire the Botox maker Allergan Inc by $15 a share, according to a person with knowledge of the matter. (

* A judge in London's High Court ordered Goldman Sachs Group Inc on Tuesday to pay some of the Libyan Investment Authority's costs for fighting the bank's efforts to dismiss a lawsuit that the authority filed against Goldman in January. (

* Coty Inc said on Tuesday that it had made a binding offer to buy the Bourjois cosmetics brand from Chanel for 15 million Coty shares, or about $239 million. (

* The International Monetary Fund, showing heightened concern over a slowing world economy, said on Tuesday that cash-rich countries like Germany needed to step up large public investments to help keep the flagging global recovery on track. (   Continued...