Buffett: United made ‘terrible mistake’ with dragged passenger – CNBC
(Reuters) – Warren Buffett said on Monday that United Airlines made a “terrible mistake” in handling the fallout after a man was forcibly dragged off a United flight, a bloody confrontation that sparked global outrage.
Exclusive: Barrick faces sanctions for Argentina cyanide spills, judge says
SAN JUAN, Argentina(Reuters) – Barrick Gold Corp failed to complete improvements to the Veladero mine in Argentina that could have prevented the third spill of cyanide solution in 18 months, leading to eventual sanctions for the world’s biggest gold mi…
French vote calls time on ‘populist meltdown’ trade
LONDON (Reuters) – In December, one of the trades of 2017 for investors who play on global political and economic risk was the spread of populism in Europe and the threat that might pose to the future of the euro.
Florida probes Tyson Foods, Pilgrim’s Pride on chicken pricing
(Reuters) – Top U.S. chicken companies Tyson Foods Inc and Pilgrim’s Pride Corp said on Monday that Florida’s attorney general sought information from them regarding a probe into possible anticompetitive behavior, widening a legal review into chicken…
With eye on millennials, Coach buys Kate Spade
(Reuters) – Handbag maker Coach Inc said it would buy Kate Spade & Co for $2.4 billion as it looks to tap the popularity of its smaller rival’s quirky satchels and totes among millennials.
Banks planning to move 9,000 jobs from Britain because of Brexit
LONDON (Reuters) – The largest global banks in London plan to move about 9,000 jobs to the continent in the next two years, public statements and information from sources shows, as the exodus of finance jobs starts to take shape.
Paris to redouble efforts to attract Brexit banks after Macron win
LONDON/PARIS (Reuters) – Emmanuel Macron’s victory in the French presidential election and his plans to swiftly implement structural reforms is a boon for Paris in its efforts to attract banks and other financial service companies seeking to move opera…
Akzo Nobel rejects third takeover proposal from PPG
AMSTERDAM (Reuters) – Dutch paint maker Akzo Nobel on Monday rejected a third takeover proposal from PPG Industries , leaving its larger U.S. rival to decide whether to make a formal bid without the support of Akzo’s board, or throw in the towel.
Exclusive: Hudson’s Bay taps debt adviser amid Neiman Marcus bid challenges – sources
(Reuters) – Canada’s Hudson’s Bay Co has hired a debt restructuring adviser to review potential options for combining its business with debt-laden U.S. department store operator Neiman Marcus Group, according to people familiar with the matter.
Brimming U.S. oil storage tanks to feel OPEC cuts last
NEW YORK (Reuters) – The energy industry scrutinizes U.S. oil stockpile data every week for evidence that OPEC supply cuts are ending a global crude glut, but growing domestic output means the world’s largest oil consumer may be the last place to feel …
