Sika owner goes to court to push through sale to Saint-Gobain
ZURICH (Reuters) – The family that owns a controlling stake in Swiss chemicals firm Sika said on Monday it has filed a lawsuit to help push through a 2.75 billion Swiss franc ($2.73 billion) takeover by French building materials company Saint-Gobain.
Yogurt maker Chobani to replace CEO with president: NY Post
(Reuters) – Greek yogurt maker Chobani is considering replacing Chief Executive Hamdi Ulukaya with its President and Chief Operating Officer Kevin Burns, the New York Post reported, citing people familiar with the matter.
Iran sees oil prices at $60 to $90 in coming months: SHANA
ANKARA (Reuters) – Crude prices will vary between $60 and $90 in the coming months, Iranian Oil Minister Bijan Zanganeh was quoted as saying by the ministry’s official SHANA website, adding the only lever OPEC could use to influence the market was supp…
Merkel’s spokesman says no change in stance on ‘Grexit’
BERLIN (Reuters) – German Chancellor Angela Merkel’s spokesman said on Monday that her government had not changed its position on the desirability of a Greek exit from the euro zone, saying the policy had always been to stabilize the bloc without losin…
Euro falls to nine-year low; Greece and ECB in focus
LONDON (Reuters) – The euro slumped to a nine-year low on Monday as investors bet that the prospect of inflation across the region turning negative and mounting political uncertainty in Greece will force the European Central Bank to unleash quantitativ…
Revamped U.S. oil hedges may test OPEC’s patience
NEW YORK (Reuters) – As a war of nerves between U.S. shale producers and Gulf powerhouses intensifies, OPEC’s biggest members are counting down the months until their upstart rivals lose the one thing shielding them from crashing oil prices – hedges.
Japan December final manufacturing PMI shows sustained growth
TOKYO (Reuters) – Japanese manufacturing activity showed sustained growth in December, a survey showed on Monday, suggesting domestic demand continues to recover after the economy fell into a surprise recession last year.
American Airlines pilots union leaders accept tentative contract with 23 percent pay hike
NEW YORK (Reuters) – The union representing American Airlines pilots approved the carrier’s final contract offer late Saturday, paving the way for a retroactive 23 percent wage hike if its members concur in a vote this month.
American Airlines pilots union calls for vote on proposed contract
NEW YORK (Reuters) – The union representing American Airlines pilots approved the carrier’s final contract offer late Saturday, paving the way for a retroactive 23 percent wage hike if its members concur in a vote this month.
Germany’s Gabriel says Berlin wants Greece to stay in euro zone
BERLIN (Reuters) – The German government wants Greece to stay in the euro zone and there are no contingency plans to the contrary, Vice Chancellor Sigmar Gabriel said on Sunday, responding to a media report that Berlin believes the currency union could…
