Roche to offer $10 billion for rest of Chugai: Bloomberg
(Reuters) – Roche Holding AG is in talks to buy the almost 40 percent stake in Japan’s Chugai Pharmaceutical Co Ltd that it does not already own for about $10 billion, Bloomberg reported, citing people familiar with the matter.
BHP Billiton set to spin off unwanted assets
MELBOURNE/LONDON (Reuters) – Diversified mining company BHP Billiton declared its preference for a demerger of its aluminum, manganese and nickel assets on Friday, setting the stage for the formation of a separate business that could be worth at least …
Exclusive: Bombardier, Hitachi lead bids for Finmeccanica’s rail units – sources
LONDON/MILAN (Reuters) – Canadian plane and train maker Bombardier and Japanese industrial giant Hitachi are the two frontrunners to buy Finmeccanica’s rail subsidiaries, several sources close to the auction process said.
U.S. consumer sentiment dips in preliminary August reading
(Reuters) – U.S. consumer sentiment fell in August to its lowest since last November while a barometer of current economic conditions rose to its highest since July 2007, a survey released on Friday showed.
Lehman brokerage unsecured creditors to see first $4.62 billion
NEW YORK (Reuters) – Unsecured creditors of Lehman Brothers Holdings Inc’s brokerage unit who have waited nearly six years to recoup their money will begin receiving an initial $4.62 billion payout next month, the trustee liquidating the unit said on F…
U.S. industrial production edged higher in July
WASHINGTON (Reuters) – U.S. industrial production edged higher in July, as production of auto parts and motor vehicles jumped 10.1 percent, according to data released by the Federal Reserve on Friday.
Deere to lay off more than 600 at four U.S. plants
(Reuters) – Deere & Co, the world’s largest maker of farm equipment, said it would indefinitely lay off more than 600 employees at plants in Illinois, Iowa and Kansas as falling grain prices hurt demand for tractors, harvesters and other agricultural machinery.
Economists raise third-quarter U.S. growth forecasts: Philly Fed survey
NEW YORK (Reuters) – Economists raised their forecasts for U.S. economic growth in the third quarter but trimmed their estimates for the balance of 2014, though the outlook for both job growth and lower unemployment was strengthened.
Exclusive: UK nears decision on whether to charge ex-Barclays bankers over Qatar – sources
LONDON (Reuters) – Britain’s fraud prosecutor could decide as soon as next month whether to charge former Barclays executives over undisclosed payments the bank made to Qatari investors in 2008, three sources familiar with the investigation said.
Banks to return 2.86 billion euros in crisis loans to ECB next week
FRANKFURT (Reuters) – Banks will return 2.861 billion euros ($3.83 billion) in long-term loans to the European Central Bank next week after the ECB started to charge for holding banks’ excess cash overnight and promised more long-term loans.
