Major Sky shareholder to vote against Fox bid
LONDON (Reuters) – A major shareholder in British pay-TV company Sky will vote against Twenty-First Century Fox’s $14 billion takeover bid, the investor told Reuters on Sunday, while another said it is unhappy about the offer.
Trump packs trade team with veterans of steel wars with China
WASHINGTON (Reuters) – President-elect Donald Trump is stacking his trade transition team with veterans of the U.S. steel industry’s battles with China, signaling a potentially more aggressive approach to U.S. complaints of unfair Chinese subsidies for…
Qatar Airways wants to swap Airbus A320neos for A321neos, new delivery date
DOHA (Reuters) – Qatar Airways is in talks with Airbus to convert its order for up to 80 A320neos to the larger A321neo, its chief executive said on Monday.
France’s Amundi to buy Pioneer from UniCredit for 3.6 billion euros
PARIS (Reuters) – French asset manager Amundi has agreed to buy rival Pioneer Investments from Italian bank UniCredit for 3.6 billion euros ($3.8 billion), extending its reach in Europe and bringing in some much-needed capital for UniCredit.
Oil output cut deal aimed at inventories, not just raising prices: Goldman Sachs
(Reuters) – Goldman Sachs said the formal agreement by non-OPEC oil producers this weekend in Vienna to help curb output was reached with a goal of “normalization” of inventories and not necessarily just at raising oil prices.
Exclusive: Lonza says in talks to buy Capsugel; deal could top $5 billion – sources
(Reuters) – Swiss pharmaceutical manufacturer Lonza Group AG on Monday confirmed it is in advanced talks with private equity firm KKR & Co LP to acquire Capsugel, a U.S. maker of capsule products and other drug delivery systems.
BMW November sales up 5.9 percent, Mercedes poised to overtake
FRANKFURT (Reuters) – Daimler’s Mercedes-Benz is on track to overtake rival BMW to take the title of the world’s biggest luxury carmaker, sales figures for November released on Monday showed.
Japan’s Honda ties up with ride-hailing service Grab
SINGAPORE (Reuters) – Southeast Asian ride-hailing service Grab disclosed on Monday that Japan’s Honda Motor Co had invested in the firm, as part of a $750 million funding announced previously, to collaborate on motorbike-hailing services.
China should target 6.5 percent economic growth in 2017: think tank
SHANGHAI (Reuters) – China should set an economic growth target of around 6.5 percent for 2017, although it is very likely that it will be able to exceed that level, the State Information Center said on Monday.
Japan October core machinery orders rise, beating expectations
TOKYO (Reuters) – Japan’s October core machinery orders rose for the first time in three months to beat expectations, government data showed – a tentative sign of a pickup in capital expenditure.
