ChemChina clinches landmark $43 billion takeover of Syngenta ChemChina [CNCC.UL] has won more than enough support from Syngenta shareholders to clinch its $43 billion takeover of the Swiss pesticides and seeds group, the two companies said on Friday. The deal, announced in February 2016, was prompted by China's desire to […]
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Business
Delta apologizes for forcing family off flight Delta Air Lines apologized on Thursday after a couple said they were kicked off an overbooked flight with their two toddlers so their seats could be given to waiting passengers, the latest U.S. airline to apologize over incidents on board their flights. Delta […]
Warren Buffett says he sold a third of stake in IBM CNBC Warren Buffett said he has sold about one-third of Berkshire Hathaway Inc's (BRKa.N) big stake in IBM Corp (IBM.N), CNBC reported on Thursday, reducing a bet by the famed investor that surprised many and which so far has […]
Goldman Blankfein says London could stall due to Brexit BBC London's progress as a financial center could stall because of the upheaval Brexit will bring to the industry, Goldman Sachs (GS.N) Chief Executive Officer Lloyd Blankfein was quoted as saying by the BBC. When asked whether London's long-term expansion over […]
Fed holds interest rates steady, downplays economic weakness The U.S. Federal Reserve kept interest rates unchanged on Wednesday and downplayed weak first-quarter economic growth while emphasizing the strength of the labor market, in a sign it was still on track for two more rate rises this year. In a bullish […]
Spam campaign targets Google users with malicious link Alphabet Inc (GOOGL.O) warned its users to beware of emails from known contacts asking them to click on a link to Google Docs after a large number of people turned to social media to complain that their accounts had been hacked. Google […]
UBS breaks ranks with push for mid-tier Asian millionaires UBS Group AG (UBSG.S) plans to hire about 100 wealth management client advisors over the next two years in Hong Kong, the biggest wealth hub in Asia-Pacific, to grab a bigger share of the fast-growing mid-tier millionaire segment. The Swiss bank's […]
Oil eases, near weakest since late March on small U.S. stocks decline Crude oil lost ground on Thursday, falling for a third out of four sessions and trading near its lowest since late March after data showed a lower than expected decline in U.S. inventories. U.S. crude stockpiles fell less […]
French bank SocGen settles dispute with Libyan Investment Authority French bank Societe Generale (SOGN.PA) and the Libyan Investment Authority (LIA) have signed a confidential agreement to settle a legal dispute regarding a case focused on five trades totaling $2.1 billion, executed between 2007 and 2009. "Societe Generale and the Libyan […]
Wal-Mart seeks anti-corruption certification, in talks with regulators Wal-Mart Stores Inc (WMT.N) said on Wednesday it was considering getting certified under a new international program that could help companies defend themselves against isolated cases of corruption or poor business practices. The International Organization for Standardization (ISO) developed the so-called anti-corruption […]
