Exclusive: J&F ends Brazil’s Alpargatas sale talks over price, source says
SAO PAULO (Reuters) – J&F Investimentos SA has ended talks to sell a controlling stake in Havaianas flip flop maker Alpargatas SA to the investment firms of Brazil’s most prominent banking clans because of differences over price, a person with direct knowledge of the matter said on Sunday.
Wells Fargo says closer to reaching $142 million phony accounts settlement
(Reuters) – A California judge has granted a preliminary approval for Wells Fargo & Co’s agreement to pay $142 million, and perhaps more, to customers whose credit scores were harmed by its employees creating fake accounts in their names, the bank said on Sunday.
Investors up stakes in Apache betting share price could double: Barron’s
(Reuters) – Apache Corp could be worth double its current stock price, some investors say, as strong management and sizeable assets have gotten a number of fund managers to place big bets on the Houston-based oil and gas producer, Barron’s reported on…
Buyout firm Apollo to buy golf course operator ClubCorp for $1.1 billion
(Reuters) – Private equity firm Apollo Global Management LLC said on Sunday it had agreed to acquire ClubCorp Holdings Inc , one of the largest owners and operators of private golf and country clubs in the United States, for $1.1 billion.
Royal Jordanian, Kuwait Airways see U.S. laptop ban lifted
DUBAI (Reuters) – Royal Jordanian and Kuwait Airways are the latest Middle East carriers to be exempted from an in-cabin ban on laptops and other large electronic devices on flights to the United States.
Oil could hit $60 before year-end: Barron’s, citing Citi analyst
(Reuters) – Accelerating world oil demand and reduced supply from the Organization of the Petroleum Exporting Countries (OPEC) could push crude prices up to $60 a barrel before the end of the year, according to a report from Barron’s.
Goldman Sachs is 2017’s worst-selling fund manager with $27 billion in outflows: FT
(Reuters) – Investors have pulled an estimated $26.7 billion from Goldman Sachs Asset Management’s mutual funds so far in 2017, according to Morningstar data, the Financial Times reported Sunday, making Goldman the world’s worst-selling fund manager globally.
VW bosses told costs of emissions saga a month before disclosure: report
FRANKFURT (Reuters) – A Volkswagen manager told the then chief executive and other managers that the carmaker’s diesel emissions cheating could cost up to $18.5 billion, almost a month before investors were informed, German newspaper Bild am Sonntag r…
Shire gets injunction against Roche over hemophilia drug
ZURICH (Reuters) – Pharmaceutical group Shire said on Sunday it had obtained a preliminary injunction in a Hamburg court against rival Roche over its hemophilia drug emicizumab, alleging incomplete and misleading statements surrounding the treatment….
Boeing selected for $294 million deal with Algeria’s Tassili Airlines
ALGIERS (Reuters) – Algeria’s Tassili Airlines (TA) signed a draft deal on Sunday worth $294 million with U.S. planemaker Boeing for three 737-800 aircraft, Algeria’s state news agency APS reported.
