Malaysia open to talks if Goldman pays $7.5 billion, minister says
Malaysia’s finance minister said on Friday the government would be ready to discuss dropping criminal charges against Goldman Sachs linked to the 1MDB scandal if the bank pays $7.5 billion in reparations.
Rupert Murdoch seeks permission to merge UK’s Times and Sunday Times
Rupert Murdoch’s London-based The Times and Sunday Times have asked the British government for permission to share resources across both titles, a move that is barred under rules imposed when the media mogul bought both newspapers in 1981.
AT&T ads returning to YouTube, two years after pulling back over content
AT&T Inc said Friday it will again buy advertising on Alphabet Inc’s YouTube, nearly two years after the U.S. wireless carrier left the video platform when it discovered its ads may have appeared next to inappropriate content.
Elliott-target Pernod pledges to further improve governance
Pernod Ricard , the family-backed French spirits group under pressure from activist investor Elliott, will continue to improve its governance, it pledged on Friday.
Stock futures rise as trade hopes help sentiment
U.S. stock futures rose for the fifth straight day on Friday, building on hopes that a bitter trade war between the United States and China would be resolved.
CVS, Walmart reach agreement on pharmacy contract after impasse
CVS Health Corp and Walmart Inc said on Friday the world’s largest retailer would remain part of CVS’s network for commercial and Medicaid pharmacy customers, breaking a contract impasse CVS disclosed earlier this week.
Stocks bask in trade optimism, set for fourth straight week of gains
Global stocks jumped to their highest in more than a month on Friday after a report suggested progress toward resolving the trade dispute between the United States and China.
A.J. Gallagher’s ‘clean coal’ business draws ire of green investors
Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co after a Reuters investigation into the company’s lucrative side-business in “clean coal”.
India’s Sun Pharma asks regulator to examine media report
Sun Pharmaceutical Industries Ltd on Friday asked India’s capital markets regulator to look into a media report about an alleged complaint by a whistleblower that led to a sell-off in the company’s shares.
Tesla to cut workforce by 7 percent, sees smaller fourth-quarter profit
Tesla Inc said it would cut thousands of jobs to rein in costs as it ramps up production of its crucial Model 3 sedan, and the electric car maker expects fourth-quarter profit to be lower than the previous quarter, sending its shares down 7 percent.
