South Africa, U.S. close to meat trade resolution: Pretoria
JOHANNESBURG (Reuters) – South Africa and the United States are close to concluding discussions to settle a dispute over U.S. poultry and meat exports which threatens to dent trade and diplomatic relations between the two countries, Pretoria said on Th…
Goldman Sachs names 425 managing directors in new class
(Reuters) – Goldman Sachs Group Inc said it named 425 managing directors on Thursday, the firm’s second-highest title behind partner.
Viacom revenue down, but U.S. ad sales declines ease
(Reuters) – Viacom Inc , the owner of MTV, Comedy Central and Nickelodeon, reported weaker-than-expected quarterly revenue on Thursday, although declines in ad sales for its U.S. cable TV business were not as steep as analysts had anticipated.
U.S. labor market data supportive of rate hike
WASHINGTON (Reuters) – New U.S. applications for unemployment benefits last week held steady at levels consistent with a strengthening labor market and job openings rose in September, encouraging signs for the Federal Reserve as it contemplates raising…
Roche to take $1.6 billion charge to close sites in Europe, U.S.
ZURICH (Reuters) – Roche is to stop manufacturing at four sites in Europe and the United States in a move that could mean up to 1,200 job losses as it addresses “current underutilization” resulting from a changing portfolio of medications.
Hershey to offer healthier Kisses this holiday season
(Reuters) – Chocolate maker Hershey Co said it would launch Hershey’s Kisses and milk chocolate bars made with no artificial flavors for the holiday season, as it looks to cater to a growing demand for less-processed food.
Northrop’s long-range U.S. bomber work paused after protest
WASHINGTON (Reuters) – Work on a recently awarded long-range strike bomber contract to Northrop Grumman Corp has been paused after rivals Boeing Co and Lockheed Martin protested against the selection process, the U.S. Air Force said. Air Force spokesma…
Fed should wait with liftoff to see firm inflation signs: IMF note
WASHINGTON (Reuters) – The U.S. Federal Reserve should wait to see firm signs of rising inflation as well as a stronger labor market before hiking benchmark interest rates, an International Monetary Fund paper said on Thursday.
EU regulators extend Staples, Office Depot probe to March 2
BRUSSELS – European Union antitrust regulators have extended their investigation into U.S. office supplier Staples’ $6.3 billion bid for rival Office Depot by about three weeks to March 2 after the companies asked for more time.
Raytheon partners with Saudi electronics company, eyes civil orders
DUBAI (Reuters) – Raytheon Company plans to partner with a Saudi electronics firm to grow its presence in the Gulf, part of a push to expand global commercial sales, its international chief executive said this week.
