Nestle in talks over $10 billion sale of skin health unit to EQT, ADIA
Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by EQT Partners and Abu Dhabi’s ADIA in a deal worth 10.2 billion Swiss francs ($10.12 billion), it said on Thursday.
Asia shares slip as U.S. sanctions on Huawei threaten fresh tensions with China
Asian shares struggled to find their footing on Thursday as confidence was shaken after the U.S. government hit Chinese telecoms giant Huawei with severe sanctions, threatening to further strain Sino-U.S. trade ties.
Nestle in talks with EQT, ADIA for $10 billion skin health deal
Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by private equity firm EQT Partners and ADIA in a deal worth 10.2 billion Swiss francs ($10.12 billion), it said on Thursday.
Oil rises for a third day amid escalating Mideast tensions
Oil prices rose on Thursday for a third straight session, as the risk of conflict in the Middle East stoked fears of supply disruptions, negating an unexpected rise in U.S. inventories.
Asian shares fall after U.S. blacklists China’s Huawei
Asian shares fell on Thursday after the United States hit Chinese telecoms giant Huawei with severe sanctions, threatening
Oil extends gains into third session amid Middle East tensions
Oil prices edged up on Thursday to extend gains into a third straight session, as tensions in the Middle East stoked fears of potential disruptions to supply.
Asian shares win reprieve as Trump seen delaying auto tariffs
Asian shares steadied on Thursday on news that U.S. President Donald Trump is planning to delay tariffs on auto imports, providing much needed relief to markets hit by a flare-up in trade tensions and on weak U.S. and Chinese economic data.
Trump administration hits China’s Huawei with one-two punch
The Trump administration on Wednesday took aim at China’s Huawei Technologies Co Ltd, banning the firm from buying vital U.S. technology without special approval and effectively barring its equipment from U.S. telecom networks on national security grounds.
Trade group to hold meeting of airlines affected by Boeing’s grounded 737 MAX
A trade group is inviting airlines that use Boeing Co 737 MAX jets to meet next week to discuss challenges they face as a result of the grounding of the airline model involved in two fatal crashes, as they prepare to reintroduce the planes into operati…
Mexico says it is close to U.S. metals tariff deal, waiting for Canada
Mexico is close to resolving its dispute with the United States over steel and aluminum tariffs without quotas but hopes Canada can reach a similar agreement before completing it, a senior Mexican official said on Wednesday.
