EU clears Nidec purchase of Whirlpool unit subject to conditions
The European Commission said on Friday it had approved Japanese firm Nidec’s planned purchase of U.S. white goods maker Whirlpool Corp’s compressor subsidiary Embraco, subject to conditions.
Merck KGaA clinches $6.5 billion Versum takeover in bet on electrochemicals
Germany’s Merck KGaA sealed a $6.5 billion takeover deal with Versum Materials after overturning a deal it had agreed with rival bidder Entegris.
Ferrari CEO confident on plan’s targets despite uncertain backdrop
The chief executive of luxury race car maker Ferrari said on Friday he was confident about meeting the targets of a business plan through 2022 despite a backdrop of uncertainties.
Occidental submitted $70 cash per stock bid for Anadarko: source
Occidental Petroleum Corp submitted a cash-and-stock bid worth $70 per share for Anadarko Petroleum Corp, a source familiar with the matter said on Friday.
Fiat Chrysler CEO sees acceleration as year goes on
Fiat Chrysler gave an upbeat forecast for 2019 after a tricky end to last year and a slow start to this one, confirming the carmaker was on track to meet its targets and easing fears of a slowdown on the North American market.
HSBC says number of jobs moved so far due to Brexit is tiny
HSBC has so far moved only a “tiny” number of jobs to Paris in order to deal with Brexit, Chief Executive John Flint said on Friday, in the bank’s most detailed comments yet on its plans.
Wall Street opens higher on JPMorgan results, big energy deal
U.S. stocks opened higher on Friday, helped by better-than-expected results from JPMorgan, a $33 billion energy deal and signs of stability in Chinese economy.
Chevron to buy Anadarko for $33 billion in shale, LNG push
Chevron Corp doubled down on its bet on surging U.S. oil and gas output on Friday, saying it would buy shale producer Anadarko Petroleum Corp for $33 billion in cash and stock that will make it the second-largest crude producer in the world. The com…
Occidental had offered to buy Anadarko for more than $70 per share: CNBC
Occidental Petroleum had offered more than $70 per share to buy Anadarko Petroleum Corp, CNBC reported on Friday, citing sources.
U.S. auto safety agency probes Nissan Rogue over unintended braking
The U.S. National Highway Traffic Safety Administration has opened a probe into potential unintended braking in 675,000 2017-2018 Nissan Motor Co Ltd Rogue vehicles, the agency said in a statement on Friday.
