Brazil gives conditional antitrust nod to $66 billion Bayer-Monsanto tie-up
BRASILIA (Reuters) – Brazilian antitrust agency Cade on Wednesday approved Bayer AG’s proposed takeover of U.S. seeds company Monsanto Co , but imposed conditions to allow the two companies to combine operations.
Rabobank pleads guilty, agrees to pay $360 million over processing illicit funds
(Reuters) – Dutch cooperative bank Rabobank [RABO.UL] on Wednesday agreed to forfeit over $360 million and pleaded guilty to conspiracy to defraud the United States over processing illicit funds in violation of Bank Secrecy Act and anti-money launderin…
Wynn Resorts shares climb after Maddox moves into CEO slot
(Reuters) – Wynn Resorts Ltd shares jumped 10 percent on Wednesday, as investors approved of the casino operator’s decision to give company veteran Matt Maddox the top job, replacing casino mogul Steve Wynn who resigned following sexual misconduct all…
Bayer-Monsanto deal edges closer to Brazil antitrust approval
BRASILIA (Reuters) – The official analyzing Bayer AG’s proposed takeover of U.S. seeds company Monsanto Co at Brazil’s antitrust agency Cade on Wednesday recommended the approval of the deal, under certain conditions.
Airbus says may increase A400M provision
PARIS (Reuters) – Airbus said on Wednesday it was considering increasing a provision for losses on its contract for the troubled A400M military transporter after its European NATO buyers agreed to negotiate a new delivery schedule and contract terms.
Wall Street inches higher as volatility eases
(Reuters) – U.S. stocks crept higher on Wednesday as volatility eased and buyers returned to a market that is recovering from a record fall for the Dow Jones Industrial Average earlier this week.
Tronc to sell LA Times, other newspapers for $500 million
(Reuters) – Tronc Inc said on Wednesday it agreed to sell the Los Angeles Times, the San Diego Union-Tribune and some other newspapers to billionaire investor Patrick Soon-Shiong for $500 million cash.
Fed’s Evans says no rate hikes needed before mid-2018
DES MOINES, Iowa (Reuters) – Sluggish price increases in the United States give the Federal Reserve room to hold off on interest rate increases until at least mid-2018, Chicago Federal Reserve President Charles Evans said on Wednesday.
S&P cuts Wells Fargo’s credit ratings on regulatory risks
(Reuters) – Credit-rating agency Standard & Poor’s on Wednesday cut Wells Fargo & Co’s credit ratings, citing further regulatory and governance risks.
EU seeks U.S. compensation for solar panel tariffs: WTO
GENEVA (Reuters) – The European Union has sent the United States a demand for talks on compensation for steep U.S. tariffs imposed on imported solar panels, a World Trade Organization filing showed on Wednesday.
