Tronc chairman agrees ‘different’ deal with Gannett possible
(Reuters) – Tronc Inc Non-Executive Chairman Michael Ferro agreed on Friday there was a possibility of striking “a different type of deal” with fellow newspaper publisher Gannett Co , days after merger talks between the companies fell apart.
Uber to go it alone as it expands into Southeast Asia
TAIPEI (Reuters) – Ride-hailing service Uber Technologies Inc [UBER.UL] will focus on organic growth as it expands into Southeast Asian markets, a senior vice president told Reuters on Friday.
EU regulators halt review of Dow, DuPont deal, await data
BRUSSELS (Reuters) – EU antitrust regulators have halted their scrutiny of the $130 billion merger of Dow Chemical and DuPont after the companies failed to provide crucial data, the European Commission said on Friday.
Saudi Naimi’s battles against Western ‘greed’ shine light on Aramco IPO
LONDON (Reuters) – As Saudi Arabia prepares for the world’s biggest initial public offering (IPO), memoirs from its former oil minister Ali al-Naimi offer a rare insight into decades of domestic infighting over the future of state-run Saudi Aramco.
After spinoff, Yum China confident about growth, sees reversals along way
(This Nov. 2 story corrects headline and first paragraph to reflect accurate context of CEO’s comments)
Sweden’s clean corporate image dealt blow with insider trading case
STOCKHOLM (Reuters) – The arrest of Hexagon chief executive Ola Rollen, one of Sweden’s most successful CEOs, on suspicion of insider trading could not only threaten the company’s standing but also the business reputation of the country.
Libyan sovereign wealth fund seeks leave to appeal in Goldman dispute
LONDON (Reuters) – Libya’s $67 billion sovereign wealth fund on Friday asked for leave to appeal against a British High Court ruling in favor of Goldman Sachs in the fund’s $1.2 billion case against the investment bank.
Access denied and insults; U.S. mutual funds get taste of activist life
NEW YORK(Reuters) – Tensions between Ultratech, Inc and one of its largest shareholders got so high that by the spring, the chief executive was calling the investor a “cockroach” and refusing to meet with him.
Takata mulls bankruptcy for U.S. unit, filing will take time: source
WASHINGTON/TOKYO (Reuters) – Japan’s Takata Corp is considering a bankruptcy filing for its U.S. unit as the air bag maker looks for a sponsor to help pay for liabilities related to its faulty inflators, a person briefed on the matter told Reuters.
Court hearing on Vivendi stake seizure postponed to Nov. 23: source
MILAN (Reuters) – The first court hearing to decide on a request by Italy’s Mediaset to seize a 3.5 percent stake in Vivendi in a pay-TV dispute has been postponed to Nov. 23, a source close to the matter told Reuters on Friday.
