Allergan to buy fat-fighter Zeltiq Aesthetics for $2.48 billion
(Reuters) – Botox maker Allergan Plc <AGN.N,> agreed to pay $2.48 billion in cash for Zeltiq Aesthetics Inc, adding a system that it says helps people slim down by freezing fat away to the company’s line-up of aesthetic products.
S&P 500 tops $20 trillion as Wall Street trades on Trump
(Reuters) – U.S. equity indexes hit record highs on Monday, with the benchmark S&P 500’s market value topping $20 trillion as investors bet tax cuts promised by President Donald Trump would boost the economy.
Trump says will be ‘tweaking’ outstanding trade relationship with Canada
WASHINGTON (Reuters) – President Donald Trump said on Monday the United States will be “tweaking” its trade relationship with Canada, unlike its trade ties with Mexico where it faces a more severe situation.
Citing Trump and Brexit, EU sees euro zone economy risk, sharp drop in UK growth
BRUSSELS (Reuters) – The European Commission said on Monday that uncertainty about U.S. policies, Brexit and elections in Germany and France would take their toll on the euro zone economy this year.
Toshiba to issue business risk warning on Tuesday: Nikkei
(Reuters) – Toshiba Corp will issue on Tuesday its first-ever warning that it may not be able to continue as a going concern, following massive nuclear-related losses, the Nikkei reported.
GM, Toyota says U.S. rules limiting self-driving cars need to be eased
WASHINGTON (Reuters) – General Motors Co and Toyota Motor Corp officials will tell a U.S. House panel on Tuesday that automakers need changes to automotive safety rules to allow the deployment of self-driving cars on American roads.
Samsung chief grilled for 15 hours in South Korea graft probe
SEOUL (Reuters) – Samsung Group [SAGR.UL] chief Jay Y. Lee was questioned by South Korea’s special prosecutor for more than 15 hours as part of an investigation into a graft scandal that threatens to topple President Park Geun-hye.
DuPont settles lawsuits over leak of chemical used to make Teflon
(Reuters) – DuPont and Chemours Co have agreed to pay $671 million in cash to settle thousands of lawsuits involving a leak of a toxic chemical used to make Teflon, the companies said on Monday.
U.S. inflation expectations at highest level since 2015: NY Fed
NEW YORK (Reuters) – A measure of U.S. inflation expectations rose for a second straight month in January to its highest level since mid-2015, according to a Federal Reserve Bank of New York survey released on Monday that reinforced the view that inter…
Tesla targets Middle East drive with Dubai debut
DUBAI (Reuters) – Tesla Inc has started selling its luxury electric cars in Dubai, marking its first foray into the Middle East.
