Pfizer in talks with P&G for consumer health unit sale: CNBC
(Reuters) – Pfizer Inc is in talks with Procter & Gamble Co for a sale of the largest U.S. drugmaker’s consumer health business, CNBC reported on Tuesday, citing sources.
Wall Street higher as tech, consumer discretionary recover
(Reuters) – Wall Street’s main indexes were higher on Tuesday, with the Dow Jones Industrial Average rising more than 100 points, helped by a recovery in the battered technology and consumer discretionary stocks.
New York Fed launches U.S. Libor contender, slow takeup seen
(Reuters) – The New York Federal Reserve launched a benchmark U.S. rate on Tuesday to potentially replace Libor, and market participants hope it will prove more reliable after a long and complex switchover.
Wall St. opens higher after tech-led slide
(Reuters) – U.S. stocks rose on Tuesday, recovering from a technology driven selloff a day earlier that pushed the Dow and the S&P 500 below important technical levels amid renewed global trade concerns.
British passport maker to appeal loss of ‘Brexit blue’ contract
LONDON (Reuters) – The company that makes British passports will challenge the decision to use a foreign firm in future, a government decision that some eurosceptics in the tabloid press have called unpatriotic.
Tesla says no need for capital raise as Model 3 output rises
(Reuters) – Tesla Inc sought to squash any speculation it might need to raise more capital this year on Tuesday, driving the company’s battered shares higher as it announced it built 2,020 of its cheaper Model 3 sedans in the last seven days.
Ryanair’s 67 percent UK gender pay gap widest among airlines
DUBLIN (Reuters) – Ryanair has reported an average gender pay gap for its British-based staff of 67 percent, the widest among large airlines that have had to disclose the difference in earnings under new regulations.
Futures inch higher after tech-led slide
(Reuters) – U.S. stock index futures signaled a higher opening for Wall Street on Tuesday, supported by slight gains in beaten-down technology stocks, but Amazon remained on track to open lower after dragging down the markets on Monday.
Murdoch’s Fox could sell Sky News to Disney to appease UK regulator
LONDON (Reuters) – Rupert Murdoch has stepped up the pressure on Britain to approve his $14.5 billion bid for Sky by offering to sell or legally separate Sky News, seeking to allay concerns about the 87-year-old mogul’s political influence.
Toshiba won’t cancel $18 billion chip deal unless any major material change: CEO
TOKYO (Reuters) – Toshiba Corp will not use the option of cancelling the $18 billion sale of its memory chip unit unless there is any “major material change” in circumstances, the Japanese conglomerate’s new chief executive said on Tuesday.
