Halliburton to settle U.S. Gulf spill claims for $1.1 billion
(Reuters) – Halliburton Co , North America’s top oilfield services provider, said it reached a $1.1 billion settlement for a majority of claims related to its role in BP Plc’s oil spill in the Gulf of Mexico in 2010.
GE, IMI, buyout funds line up bids for Italy’s Petrolvalves: sources
LONDON (Reuters) – General Electric , UK engineer IMI and buyout funds CVC and First Reserve are preparing binding offers for Italian valve maker Petrolvalves, sources familiar with the situation said. Industry rival Emerson Electric Co , described by …
Manufacturing, construction data point to sturdy U.S. growth
WASHINGTON (Reuters) – U.S. manufacturing activity hit a nearly 3-1/2-year high last month and construction spending rebounded strongly in July, signs the economy entered the third quarter on strong footing.
Dollar General sweetens Family Dollar bid, may go hostile
(Reuters) – Dollar General Corp raised its bid for Family Dollar Stores Inc to $9.1 billion, and warned it may turn hostile and appeal directly to shareholders if the new offer was rejected.
Airbus offers Poland joint ventures, no urgency in share stake
KIELCE Poland (Reuters) – Airbus Group is interested in setting up joint ventures to support the Polish defense industry but has downplayed the question of Warsaw taking a direct shareholding in the European aerospace group.
U.S. court revives Botox-linked shareholder suit against Allergan
SAN FRANCISCO (Reuters) – A U.S. appeals court on Tuesday revived a 2010 shareholder lawsuit against Allergan Inc over allegations the company improperly marketed and labeled the cosmetic drug Botox.
Switzerland urged to step up fight against ill-gotten funds
BERNE (Reuters) – Switzerland is not doing enough to rid itself of ill-gotten funds, despite loosening its banking secrecy, and should now beef up its law against money laundering, an global corruption watchdog said on Tuesday.
Boeing shares slip after first ‘underperform’ rating since 2009
NEW YORK (Reuters) – Boeing Co shares slipped 1.3 percent on Tuesday after a pair of downgrades from highly ranked analysts, including one who cut the stock outlook to “underperform.”
Exclusive: Alitalia, Etihad deal likely to be cleared by end of year – source
BRUSSELS (Reuters) – Italian airline Alitalia and Etihad Airways are expected to win EU regulatory clearance for their tie-up by the end of the year with minor concessions, a person familiar with the matter said on Tuesday.
U.S. construction spending hits highest level in 5-1/2 years
WASHINGTON, Sept 2 (Reuters) – U.S. construction spending rebounded strongly to hit its highest level in more than 5-1/2 years in July as private construction increased and state and local government outlays surged, in a further sign of vigor in the ec…
