Activist investor renews call for Yahoo to sell core business
SAN FRANCISCO/BENGALURU (Reuters) – An activist investor on Thursday renewed its push for Yahoo Inc to abandon its plans to spin off its valuable stake in Chinese e-commerce giant Alibaba Group Holding Ltd and instead sell its core business “at the highest price possible.”
Staples ready to sell more assets for Office Depot deal approval: Bloomberg
(Reuters) – Office supplies retailer Staples Inc is willing to sell more assets to win antitrust approval for its $6.3 billion takeover of Office Depot Inc , Bloomberg reported on Thursday, citing two people familiar with the matter.
Toyota to boost supply of trucks, SUVs to meet U.S. demand
DETROIT (Reuters) – Toyota Motor Corp’s production of trucks and SUVs will rise slightly by mid-2016 as it adapts to U.S. consumer tastes, several of its executives said in an interview on Thursday.
Teva divesting $1 billion in assets to clear Allergan deal
(Reuters) – Teva Pharmaceutical Industries Ltd is in the process of divesting about $1 billion worth of assets to address antitrust concerns over its deal to buy Allergan Plc’s generic drugs business, people familiar with the matter said.
Gannett brings its papers under new USA Today Network banner
(Reuters) – Gannett Co Inc , the publisher of USA Today, said on Thursday it would bring its local and national publications under the USA Today Network.
Investor urges Viacom to sell Paramount studio stake to Alibaba: FT
(Reuters) – Viacom Inc’s second-largest shareholder has urged the media company to sell a stake in its Paramount movie studio to Alibaba Group Holding Ltd , according to the Financial Times.
ECB disappoints markets with bare-minimum easing package
FRANKFURT (Reuters) – The European Central Bank eased policy further on Thursday to fight stubbornly low inflation but kept much of its powder dry, disappointing high market expectations for greater stimulus.
U.S. services sector cools, but economy growing at moderate pace
WASHINGTON (Reuters) – U.S. services sector activity slowed in November but remained at levels consistent with a steady pace of economic growth for the fourth quarter, a business survey showed on Thursday.
Exclusive: Germany’s RWE bets big on wind and solar in corporate overhaul
DUESSELDORF, Germany (Reuters) – RWE could triple investments in wind and solar power in a big expansion of its renewables business, its CEO told Reuters, days after the company announced it would break itself up to cope with a crisis in conventional e…
Etihad Airways bookings dip after Paris attacks: CEO
NEW YORK (Reuters) – Etihad Airways had a dip in bookings for travel from Europe to the Middle East after the Nov. 13 Paris attacks and has stepped up vigilance for potential security threats, Chief Executive James Hogan said Thursday in an interview.
