Bayer CFO sees lower Monsanto synergies after divestments: Boersen-Zeitung
FRANKFURT (Reuters) – Bayer’s potential synergies from buying U.S. rival Monsanto will be lower than $1.5 billion because of anti-trust divestments, the German company’s Chief Financial Officer told Germany’s Boersen-Zeitung.
Walmart may launch IPO for Flipkart in as early as four years
MUMBAI (Reuters) – Walmart Inc said on Saturday in a filing with a U.S. regulator that it may take India’s Flipkart public in as early as four years, detailing for the first time a potential listing timeline for Walmart’s largest-ever acquisition.
China’s ZTE paid over $2.3 billion to U.S. exporters last year, ZTE source says
(Reuters) – Chinese technology company ZTE Corp , which this month suspended its main operations after a U.S. Commerce Department ban on American supplies to its business, paid over $2.3 billion to 211 U.S. exporters in 2017, a senior ZTE official said on Friday.
AT&T CEO: We made ‘big mistake’ hiring Cohen, chief lobbyist out
(Reuters) – AT&T Inc on Friday ousted its top lobbyist, and the No. 2 wireless carrier’s chief executive said it was a “big mistake” to hire Michael Cohen, President Donald Trump’s personal attorney, for advice on working with the Trump administration.
AT&T CEO: We made ‘big mistake’ hiring Cohen, chief lobbyist out
(Reuters) – AT&T Inc on Friday ousted its top lobbyist, and the No. 2 wireless carrier’s chief executive said it was a “big mistake” to hire Michael Cohen, President Donald Trump’s personal attorney, for advice on working with the Trump administration.
VMware CFO likely to turn down Uber finance chief job: WSJ
(Reuters) – VMware Inc’s Chief Financial Officer Zane Rowe has indicated he will turn down the offer to be become Uber Technologies Inc’s [UBER.UL] finance chief, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Foreign investment bill targeting China heads for Senate panel vote
WASHINGTON (Reuters) – A bill aimed at tightening oversight of foreign investment in the United States because of concern about China’s acquisition of critical technology is headed for a vote this month in the U.S. Senate Banking Committee, the panel s…
China Three Gorges launches $10.8 billion bid for Portuguese power firm EDP
LISBON (Reuters) – China’s state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal’s biggest company EDP, offering a premium of just below 5 percent on the power firm’s closing stock price.
Trump urges automakers to build more vehicles in U.S., blasts NAFTA
WASHINGTON (Reuters) – President Donald Trump on Friday pressed automakers to build more vehicles in the United States and launched a fresh attack on the North American Free Trade Agreement that has benefited them, while the companies urged him to work…
Ford could reopen two U.S. truck plants next Friday: source
(Reuters) – Ford Motor Co could resume production of its best-selling F-150 pickups as early as Friday, May 18 in Dearborn and Kansas City, according to a source familiar with the automaker’s plans.
