Yahoo appoints two new board members
(Reuters) – Yahoo Inc said it appointed two independent directors, returning the size of its board to nine people as it explores the sale of its core business amid pressure from activist investors.
EU approves Teva bid for Allergan’s generics with conditions
BRUSSELS (Reuters) – The European Commission on Thursday approved Teva Pharmaceutical Industries’ $40.5 billion acquisition of the generics activities of Allergan conditional on a number of divestments, notably Allergan businesses in Britain and Irelan…
Krispy Kreme UK eyes London IPO: Sky News
(Reuters) – The private-equity owner of Krispy Kreme’s UK business has hired investment bank Investec to oversee a flotation of the doughnut and coffee chain, Sky News reported without citing sources.
Discount retailer Dollar General same-store sales beat estimates
(Reuters) – Discount retailer Dollar General Corp reported a higher-than-expected growth in quarterly sales at established stores as demand increased for items such as candy and snacks, perishables, tobacco and food.
In Houston, oil workers may face the ax but employment still grows
BAYTOWN, Texas (Reuters) – Plunging energy prices robbed the Texas economy of an estimated 60,000 jobs last year, as oil and gas companies put the brakes on production and slashed investment, throwing engineers and geologists out of work.
Deutsche Boerse to sell ISE options exchange to Nasdaq
NEW YORK/FRANKFURT (Reuters) – Deutsche Boerse is selling U.S. options exchange operator International Securities Exchange for $1.1 billion to Nasdaq , potentially strengthening its hand in a proposed merger with London Stock Exchange (LSE).
Pressure on India’s Kingfisher baron dials up, trademarks seized
MUMBAI (Reuters) – A group of Indian banks, seeking to recover more than $1 billion in loans from Kingfisher Airlines, has taken possession of nine trademarks related to the defunct carrier as the mystery over the whereabouts of its chief, Vijay Mallya…
Audi sales rise 3.3 percent in February
FRANKFURT (Reuters) – Volkswagen’s luxury brand Audi said deliveries in February rose 3.3 percent compared to the year-earlier month, to 126,500 cars, thanks to orders for the new A4 sedan and continued solid demand in Europe.
EU trade chief: U.S. campaign rhetoric won’t stop TTIP trade talks
WASHINGTON (Reuters) – Europe’s top trade official plans an ambitious push to seal a sweeping U.S.-European free trade deal this year even as bitter U.S. presidential primary races sour voter sentiment towards trade.
Football, short funds offer Asian investors new volatility hedges
SINGAPORE (Reuters) – Increasing volatility in traditional asset classes has given rise to a new range of hedge fund-type products in Asia marketed at individual investors, from short-selling funds to football-backed securities.
