EU regulators to rule on $130 billion Dow, DuPont deal by July 28
LONDON – EU antitrust authorities will decide by July 28 whether to allow the $130 billion merger of U.S. chemical company Dow Chemical Co and its rival DuPont , one of several large agribusiness deals.
German auto industry warns Brexit could lead to production shift
FRANKFURT (Reuters) – Germany’s auto industry on Thursday warned that a potential trade dispute between Europe and Britain in the aftermath of a Brexit could put British production sites at risk.
After setbacks, N.Y. prosecutors resume insider trading crackdown
NEW YORK (Reuters) – Federal prosecutors in Manhattan are pursuing insider trading cases on a pace not seen since 2012 – before a major appellate ruling limited their ability to bring charges against hedge fund managers and other traders.
Exclusive: Analysis suggests Anthem deal could raise health costs
NEW YORK/WASHINGTON (Reuters) – As questions mount over whether health insurer Anthem Inc’s proposed $48 billion purchase of Cigna Corp will win U.S. antitrust approval, an exclusive analysis produced for Reuters suggests the merger could lead to hig…
Germany embraces glitzy offices to shake up corporate culture
MUNICH/HERZOGENAURACH, Germany (Reuters) – Major German companies are investing in ambitious new buildings designed to attract top staff and encourage innovation, seeking to create a more dynamic corporate culture and keep pace with U.S. rivals despite…
Sterling hits 2016 high, stocks climb as UK votes on Brexit
LONDON (Reuters) – Sterling hit a 2016 high and world stocks climbed for a fifth day running on Thursday, as British voters headed to the polls for a crucial vote on their European Union membership.
Exclusive: McDonald’s gets bids for China, HK stores sale in up to $3 billion deal – sources
HONG KONG/SINGAPORE (Reuters) – McDonald’s Corp has received more than half a dozen bids for its China and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower and ChemChina, in an auction that could fetch up to $3 billion, people f…
Boeing boss says commercial jet demand strengthening
PARIS (Reuters) – Demand for passenger jets is strengthening, Boeing Co chief Dennis Muilenbeurg was quoted as saying on Thursday in an interview with French newspaper Le Figaro.
U.S. Supreme Court weighs review of canceled patent on prenatal test
NEW YORK (Reuters) – Companies, trade groups and universities who fear that many important discoveries may no longer qualify for patents are among a broad coalition urging the U.S. Supreme Court to review the cancellation of a patent on a less risky fo…
VW owners close ranks as investors vent fury over crisis
HANOVER, Germany (Reuters) – Volkswagen’s top shareholders closed ranks behind management on Wednesday, defying a torrent of criticism from smaller investors about the German carmaker’s emissions test cheating and its response to the scandal.
