Shire seeks AbbVie bid of close to 53 pounds per share: sources
NEW YORK (Reuters) – Shire Plc is seeking a higher takeover offer from U.S. drugmaker AbbVie Inc that would value the company at about 31 billion pounds ($53 billion), according to people familiar with the matter.
Putin signs nuclear energy deal with Argentina
BUENOS AIRES (Reuters) – Russian President Vladimir Putin signed a nuclear energy cooperation deal with Argentina on Saturday on a trip to bolster trade ties and strengthen Russia’s influence in Latin America.
UK to demand job assurances in foreign takeovers: Sky News
LONDON (Reuters) – Britain is to set out proposals to force foreign buyers of key UK companies to make binding commitments to secure jobs and research budgets, Sky News reported on Saturday.
Fed officials debate timing of interest rate increases: WSJ
(Reuters) – A debate is intensifying among the Federal Reserve’s regional bank presidents about whether to push interest rates up from zero sooner than planned because of recent improvements in the U.S. job market, the Wall Street Journal reported.
Brazil’s Embraer to sell 25 planes to China during Xi visit
BRASILIA (Reuters) – Brazil will announce the sale of about 25 planes made by Embraer SA to Chinese airlines on Thursday during a visit by China’s President Xi Jinping, a Brazilian official said.
Acquisition talks show Reynolds’ taste for menthol
NEW YORK (Reuters) – The enduring popularity of menthol may be a big motivator behind Reynolds American Inc’s interest in buying smaller rival Lorillard Inc , which has the best-selling U.S. cigarette brand with the additive.
Aerospace jamboree on tenterhooks over F-35 fighter, Airbus jet revamp
LONDON (Reuters) – Suspense over the appearance of America’s newest combat jet, a diplomatic chill between the West and Russia and the re-launch of an Airbus jet with a surprise tweak in its name could make the Farnborough Airshow one of the least predictable for years.
Apple iPhone a danger to China national security: state media
BEIJING (Reuters) – Chinese state media branded Apple Inc’s iPhone a threat to national security because of the smartphone’s ability to track and time-stamp user locations.
U.S. cupcake chain Crumbs may reopen with new owners
(Reuters) – Crumbs Bake Shop Inc may get a second chance if a bankruptcy judge approves a deal for the owner of Dippin’ Dots ice cream and the star of a reality television show to buy and reopen the U.S. cupcake chain, according to a court document.
Argentines, bond holdouts emerge from NY meeting, no resolution
NEW YORK (Reuters) – Argentine officials and the holdout investors it has battled for years over its catastrophic 2002 default met separately with a court-appointed mediator on Friday, emerging after five hours of discussions without a resolution.
