Small gain on Wall St. as investors eye rate hike
(Reuters) – Wall Street ended modestly higher after a choppy session on Tuesday as gains in consumer discretionary stocks offset a drop in Apple and investors hunkered down for a potential interest rate hike next month.
Takata air bag crisis hands Autoliv chance to go big in Japan
STOCKHOLM (Reuters) – Swedish car safety equipment maker Autoliv could capitalize on the crisis engulfing its rival Takata Corp by finally extending its global leadership to the one major auto hub it has been unable to dominate – Japan.
U.S. charges three in huge cyberfraud targeting JPMorgan, others
NEW YORK (Reuters) – U.S. prosecutors on Tuesday unveiled criminal charges against three men accused of running a sprawling computer hacking and fraud scheme that included a huge attack against JPMorgan Chase & Co and generated hundreds of millions of dollars of illegal profit.
Anadarko approached Apache with offer that was rejected: source
NEW YORK (Reuters) – U.S. oil and gas exploration and production company Anadarko Petroleum Corp has approached Apache Corp with a potential acquisition as low crude oil prices prompt companies to seek merger partners, according to a person familiar wi…
Molson Coors nears deal to buy rest of Miller Coors: source
(Reuters) – Molson Coors Brewing Co is nearing a deal to buy the rest of its U.S. joint venture with SABMiller Plc , as well as the rights to Miller brands internationally, for $12 billion, according to a person familiar with the matter.
Drugmaker Valeant to feel sting of closing controversial pharmacy
TORONTO/WINNIPEG (Reuters) – Valeant Pharmaceuticals International Inc said on Tuesday its dermatology business would be hurt in the short term as it moves rapidly to sever ties with a controversial specialty pharmacy.
AB InBev, HSBC, Google, 8 others to testify at EU tax hearing
BRUSSELS – Anheuser-Busch InBev , HSBC , Google and eight other companies will be quizzed by EU lawmakers next week on their European tax deals as part of a campaign to ensure multinationals pay their fair share of taxes.
U.S. data show benign inflation, steady growth pace
WASHINGTON (Reuters) – U.S. import prices fell in October as the cost of petroleum and a range of goods declined, indicating that a strong dollar and soft global demand continued to exert downward pressure on imported inflation.
VW only carmaker found cheating by U.S. regulator: magazine
BERLIN (Reuters) – Volkswagen is the only carmaker whose diesel engines have been found so far by a U.S. regulator to be using illicit emissions-control software, German magazine Wirtschaftswoche reported.
U.S. regulators accuse two Chinese citizens of insider trading
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission has accused two Chinese citizens at a peer-to-peer lending platform of engaging in insider trading ahead of the announcement that two companies had agreed to be acquired by private equity…
