GE’s rising bonds offer another endorsement of CEO Culp
NEW YORK (Reuters) – General Electric Co shareholders offered their latest endorsement of new Chief Executive Larry Culp this week…
Congo declares new Ebola outbreak in eastern province
GOMA, Democratic Republic of Congo (Reuters) – Four people have tested positive for Ebola in eastern Democratic Republic of Congo…
U.S. lifts ban on suppliers selling to China’s ZTE
(Reuters) – The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp,…
House Speaker casts doubt on Congress acting to stop trade tariffs
WASHINGTON (Reuters) – U.S. House Speaker Paul Ryan said on Thursday that while he does not support President Donald Trump’s…
China’s ZTE clears hurdle to lifting U.S. ban
(Reuters) – The United States said on Wednesday that it signed an agreement with ZTE Corp (000063.SZ) that paves the…
Qualcomm-NXP deal still waiting for China nod: sources
BEIJING/SHANGHAI (Reuters) – China is yet to approve U.S. chipmaker Qualcomm Inc’s (QCOM.O) proposed $44 billion acquisition of NXP Semiconductors…
Medical device maker Stryker makes takeover approach to Boston Scientific: WSJ
(Reuters) – Medical device maker Stryker Corp has made a takeover approach to rival Boston Scientific Corp, the Wall Street…
China’s ZTE apologizes after paying ‘disastrous price’ in U.S. sanction case
HONG KONG/SHENZHEN, China (Reuters) – The chairman of ZTE Corp (000063.SZ) (0763.HK) apologized to staff and customers on Friday after…
Congress has few options to stop Trump from saving China’s ZTE
WASHINGTON (Reuters) – There is little Congress can do to stop President Donald Trump if he wants to relax penalties…
Walmart sells majority of Brazil unit, takes $4.5 billion charge
NEW YORK/SAO PAULO (Reuters) – Walmart Inc (WMT.N) said on Monday that it has sold an 80 percent stake in…
Walmart sells majority of Brazil unit, takes $4.5 billion charge
NEW YORK/SAO PAULO (Reuters) – Walmart Inc (WMT.N) said on Monday that it has sold an 80 percent stake in…
Medical workers in Congo city finish vaccinating contacts of Ebola patients
KINSHASA (Reuters) – Medical workers in Democratic Republic of Congo have given all the immediate contacts of Ebola patients in…
Sorrell plots comeback with new listed company after WPP exit
(Reuters) – Martin Sorrell is staging a comeback just six weeks after he was ousted from WPP (WPP.L), using the…
Allergan plans sales of women’s health, infectious disease units
NEW YORK (Reuters) – Drugmaker Allergan Plc (AGN.N) plans to sell off its women’s health and infectious disease businesses as…
As clock ticks, doubts grow over Kinder Morgan’s Canada oil pipe expansion
VANCOUVER/WINNIPEG, Manitoba (Reuters) – As a hard deadline set by Kinder Morgan Canada Ltd (KML.TO) for scrapping a key pipeline…
U.S. reaches deal to keep China’s ZTE in business: congressional aide
WASHINGTON (Reuters) – The Trump administration told lawmakers the U.S. government has reached a deal to put Chinese telecommunications company…
Ebola patients slip out of Congo hospital as medics try to control outbreak
MBANDAKA, Democratic Republic of Congo (Reuters) – Three patients infected with the Ebola virus slipped out of an isolation ward…
Comcast prepares to top Disney’s $50 billion offer for Fox
(Reuters) – Comcast Corp (CMCSA.O) confirmed on Wednesday it was preparing a higher, all-cash offer for most of the media…
U.S. Senate panel to hold hearing on Sprint T-Mobile merger
WASHINGTON (Reuters) – A U.S. Senate Committee plans to hold a hearing on June 27 on the proposed $26.5 billion…
Trump floats management changes instead of sanctions for China’s ZTE
WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp (000063.SZ) (0763.HK) and shake…
Two more die of Ebola in Congo, seven new cases confirmed
MBANDAKA, Democratic Republic of Congo (Reuters) – Two more people have died from Ebola and seven new cases were confirmed…
Britain unlikely to investigate Comcast bid for Sky, says minister
LONDON (Reuters) – Britain said it was unlikely to refer Comcast’s (CMCSA.O) bid for Sky (SKYB.L) for a lengthy investigation…
Congo begins giving experimental Ebola vaccine to medics
MBANDAKA, Democratic Republic of Congo (Reuters) – Congo began administering an experimental Ebola vaccine to medical staff in the northwestern…
Sanctioned Russian oligarch Vekselberg cuts Swiss stakes
ZURICH (Reuters) – Russian oligarch Viktor Vekselberg has cut his holdings in Swiss companies OC Oerlikon (OERL.S) and Schmolz +…
Government borrowing costs rise as oil heads back to the 80s
LONDON (Reuters) – The dollar took a breather at a five-month high on Thursday, though government borrowing costs continued to…
Asian shares inch higher; euro tries to shake off Italian political risk
SINGAPORE (Reuters) – Asian shares edged higher on Thursday while the euro gained some respite after hitting five-month lows a…
Trump tweets: China has ‘much to give’ in trade negotiations
WASHINGTON (Reuters) – U.S. President Donald Trump said in tweets on Wednesday that “nothing has happened” with China’s ZTE Corp…
Sivantos and Widex in $8 billion merger to create No.3 in hearing aids
COPENHAGEN/FRANKFURT (Reuters) – Hearing aid makers Widex and Sivantos are merging to create an industry number three that can invest…
CBS sues controlling Redstone family in bid for independence
(Reuters) – CBS Corp filed a lawsuit on Monday to reduce the voting power of controlling shareholder National Amusements Inc,…
Trump’s comments on China’s ZTE draw security concerns
WASHINGTON (Reuters) – President Donald Trump’s pledge to help China’s ZTE Corp “get back into business, fast” and save Chinese…
CBS sues controlling shareholder Redstone to stop Viacom merger plan
(Reuters) – CBS Corp on Monday filed a lawsuit to stop controlling shareholder Shari Redstone continuing with her plan to…
Xerox says ending Fujifilm deal, settles with Icahn, Deason
NEW YORK (Reuters) – Xerox Corp (XRX.N) said on Sunday it was ending its planned deal with Fujifilm Holdings Corp…
In concession, Trump will help China’s ZTE ‘get back into business’
WASHINGTON (Reuters) – U.S. President Donald Trump pledged on Sunday to help Chinese technology company ZTE Corp “get back into…
Brexit seen threatening UK links in EU supply chain
SHIPLEY, England (Reuters) – Mandy Ridyard knew Brexit was going to be a challenge for her aviation components firm, but…
Walmart may launch IPO for Flipkart in as early as four years
MUMBAI (Reuters) – Walmart Inc (WMT.N) said on Saturday in a filing with a U.S. regulator that it may take…
Vodafone challenges Deutsche Telekom with $21.8 billion Liberty deal
LONDON (Reuters) – Vodafone (VOD.L) has agreed to pay $21.8 billion to buy Liberty Global’s (LBTYA.O) assets in Germany and…
Jazz Pharmaceuticals to settle U.S. probe for $57 million
BOSTON (Reuters) – Jazz Pharmaceuticals Plc said on Tuesday it had agreed to pay $57 million to resolve a U.S.…
Exclusive: Hudson’s Bay seeks to revive Lord & Taylor’s fortunes
(Reuters) – Hudson’s Bay Co (HBC.TO) is working with investment bankers and consultants to identify deals and new measures to…
Air France-KLM CEO to quit after staff reject pay deal
PARIS (Reuters) – Air France-KLM (AIRF.PA) CEO Jean-Marc Janaillac said on Friday he would resign after staff rejected a pay…
Exclusive: Redstone makes concessions on Viacom CEO to clinch CBS merger – sources
(Reuters) – Shari Redstone, the media heiress whose family controls CBS Corp (CBS.N) and Viacom Inc (VIAB.O), has offered CBS…
Marathon to become top U.S. refiner with $23 billion Andeavor buy
(Reuters) – Marathon Petroleum Corp (MPC.N) agreed to buy rival Andeavor (ANDV.N) for more than $23 billion in the largest-ever…
Asian shares edge higher as tensions ease, earnings rise
SYDNEY (Reuters) – Asian shares rose again on Monday as tensions in the Korean Peninsula eased and first-quarter earnings shone,…
Jilted Akorn sues Fresenius over deal termination
FRANKFURT (Reuters) – U.S. generic drugmaker Akorn is taking former suitor Fresenius to court after the German healthcare group canceled…
Ford tells WPP it will take bids from other ad agencies
LONDON (Reuters) – Ford Motor Company (F.N) said on Saturday it will take bids on some of its advertising managed…
U.S. said to investigate AT&T, Verizon over wireless collusion claim: source
WASHINGTON (Reuters) – The U.S. has opened a probe into alleged coordination by AT&T Inc (T.N), Verizon Communications (VZ.N) and…
AT&T subsidiary DirecTV asks to be dropped from antitrust case
WASHINGTON (Reuters) – DirecTV, the biggest U.S. pay TV company and a subsidiary of AT&T, asked a federal court on…
Ad king Sorrell's abdication leaves WPP at crossroads
LONDON (Reuters) – Martin Sorrell’s sudden exit from WPP marks a shocking end to the career of a chief executive…
Martin Sorrell quits as head of world’s biggest ad group WPP
LONDON (Reuters) – Martin Sorrell, who built WPP into the world’s biggest advertising agency through 33 years of dealmaking, quit…
Proxy adviser ISS recommends against five Equifax directors over cyberbreach
(Reuters) – Proxy adviser Institutional Shareholder Services on Saturday recommended investors vote against the re-election of five Equifax Inc (EFX.N)…
Spotify puts bank IPO paydays under fund manager scrutiny
LONDON (Reuters) – After shaking up the music industry, Spotify (SPOT.N) is now prompting investors to question the value they…
T-Mobile restarts talks to acquire Sprint: source
(Reuters) – T-Mobile US Inc (TMUS.O) is engaged in a new round of talks to acquire Sprint Corp (S.N), a…