Exclusive: UTC set to win EU approval for $23 billion Rockwell Collins deal – sources
BRUSSELS (Reuters) – U.S. aerospace and industrial company United Technologies Corp is set to win EU approval for the largest aerospace deal in history – a $23 billion bid for avionics maker Rockwell Collins , people familiar with the matter said on W…
Tech shares bask in Apple glow despite Fed trepidation
LONDON (Reuters) – Forecast-beating results from the world’s biggest company, Apple, lifted tech shares on Wednesday, putting Wall Street on track for a firmer session despite some trepidation over a Fed meeting later in the day.
Nestle reaches deal to settle row with European retailers
ZURICH (Reuters) – Swiss food group Nestle confirmed on Wednesday it had reached an agreement with European retailers to settle a months-long pricing row.
World shares hemmed in by dollar and Fed rate expectations
LONDON (Reuters) – World stocks inched higher on Wednesday after two days of losses but remained pinned down by the dollar’s recent surge and expectations that a U.S. Federal Reserve meeting later in the day will signal further policy tightening ahead….
Amazon offers to buy 60 percent stake in India’s Flipkart: CNBC-TV18
(Reuters) – Amazon.com Inc has made a formal offer to buy a 60 percent stake in Indian online retailer Flipkart, CNBC-TV18 reported on Wednesday, citing sources.
StanChart speeds along road to recovery, but long way to go
HONG KONG/LONDON (Reuters) – Standard Chartered Plc beat expectations with a 20 percent rise in first quarter pre-tax profit on Wednesday, but disappointing income showed the long road ahead for its returns to hit targets after years of restructuring….
OC Oerlikon says banks need explanations over U.S sanctions
ZURICH (Reuters) – Swiss technology group OC Oerlikon said some financial institutions still required explanations over the United States sanctions slapped on its largest shareholder, Russian oligarch Viktor Vekselberg.
Icahn and Deason oust Xerox CEO; deal with Fujifilm at risk
NEW YORK/TOKYO (Reuters) – Xerox Corp said its CEO and most of its board will step down to settle a suit by activist shareholders Carl Icahn and Darwin Deason, handing over to new management which will reconsider a contentious deal with Fujifilm Holdi…
Asian shares sag, dollar near four-month high before Fed decision
SINGAPORE (Reuters) – Asian equities eased on Wednesday, while the dollar traded near a four-month high as investors count down to the U.S. Federal Reserve’s upcoming policy statement for clues on the future pace of U.S. monetary tightening.
Close Xi aide to meet U.S. trade delegation in Beijing
BEIJING (Reuters) – Chinese President Xi Jinping’s top economic adviser, Vice Premier Liu He, will meet a top-level U.S. trade delegation in Beijing this week, the government said on Wednesday, amid a festering dispute between the world’s two largest e…
