United Technologies to separate into three companies
(Reuters) – United Technologies Corp (UTX.N) said on Monday it would separate into three companies consisting of its aerospace, elevators…
Scooter company Bird enters Latin America with launch in Mexico City
SAN FRANCISCO (Reuters) – California startup Bird said on Friday it has launched its electric scooters in Mexico City, expanding…
Knorr-Bremse discloses dispute with Bosch in IPO prospectus
MUNICH (Reuters) – German brake maker Knorr-Bremse has disclosed a contractual dispute with Robert Bosch GmbH ahead of a stock…
Tesla CEO Musk drops pursuit of $72 billion take-private deal
(Reuters) – Tesla Inc Chief Executive Elon Musk said late on Friday he would heed shareholder concerns and no longer…
Honeywell raises 2018 profit forecast, to get spin-off dividends
(Reuters) – Airplane parts maker Honeywell International Inc (HON.N) raised its full-year profit forecast for the fourth time this year…
Exclusive: Carlyle starts preparations for listing of chemicals group Atotech – sources
FRANKFURT (Reuters) – Buyout group Carlyle (CG.O) is starting preparations for a stock market listing of German speciality chemicals group…
Berkshire Hathaway profit surges as economy gives Buffett a boost
(Reuters) – Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said quarterly operating profit rose 67…
Sky shares leap as Comcast and Fox lock horns in bid battle
LONDON (Reuters) – Sky (SKYB.L) shares leapt to an 18-year high on Thursday as investors bet a transatlantic battle for…
Comcast makes higher offer for Sky, tops Fox bid
(Reuters) – Comcast Corp (CMCSA.O) on Wednesday raised its offer for Britain’s Sky (SKYB.L) in a deal valuing the pay-TV…
Dell moves to go public, spurns IPO
(Reuters) – Dell Technologies Inc said on Monday it would pay $21.7 billion in to buy back shares tied to…
China’s Xiaomi prices HK IPO at bottom of range, raises $4.72 billion: sources
HONG KONG (Reuters/IFR) – China’s Xiaomi Corp (1810.HK) priced its Hong Kong initial public offering (IPO) at the bottom of…
Bayer launches $7 billion cash call to fund Monsanto deal
BERLIN (Reuters) – Bayer (BAYGn.DE) launched a 6 billion euros ($7 billion) rights issue on Sunday, a cornerstone of the…
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…
Icahn sells some of his Herbalife shares, remains biggest investor
BOSTON (Reuters) – Billionaire investor Carl Icahn said on Friday that he sold some of his shares in Herbalife (HLF.N)…
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 +…
Deutsche Boerse to include tech stocks in MDAX and SDAX in index shakeup
FRANKFURT (Reuters) – Deutsche Boerse, the German stock exchange operator, is planning a major shakeup of the composition of three…
Exclusive: RBS lawyers ask ex-staffer to destroy documents, DOJ informed
LONDON (Reuters) – Lawyers for Royal Bank of Scotland (RBS.L) asked an ex-employee to destroy confidential documents, according to a…
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…
Hong Kong scrambles for talent in battle for Nasdaq’s biotech crown
HONG KONG (Reuters) – When Hong Kong unveiled plans last year to encourage biotech companies to list in the city…
China Huarong shares halted as chairman investigated for suspected graft
HONG KONG (Reuters) – Trading in shares of China Huarong Asset Management Co Ltd (2799.HK) and two of its units…
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…
Exchange operator CME Group to buy Britain’s NEX for $5.5 billion
LONDON (Reuters) – U.S. exchange operator CME Group has agreed to buy NEX Group for $5.5 billion to create a…
Akzo Nobel reshapes business with 10 billion euro sale
AMSTERDAM (Reuters) – Akzo Nobel will sell its chemicals business in a 10.1 billion euro ($12.6 billion) deal to buyers…
Spotify says about two million users suppressing ads without paying
(Reuters) – Music streaming service Spotify Technology SA said on Friday about 2 million of its non-paying users were suppressing…
Baidu video streaming unit iQiyi launches $2.4 billion U.S. IPO
(Reuters) – Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc (BIDU.O), has launched…