Some elephant hunting tips for Warren Buffett
NEW YORK (Reuters) – Far be it from us to offer tips to Warren Buffett, the most celebrated stock picker of his age, but here goes:
Chevron sees Permian shale play as top five asset by 2020
NEW YORK (Reuters) – Chevron Corp is making the oil-rich Permian shale formation a top investment priority, aiming to turn its West Texas acreage into one of its top five assets by 2020, Vice Chairman George Kirkland said in an interview.
Intercontinental rejected $10 billion offer from U.S. suitor: Sky
LONDON (Reuters) – The world’s largest hotelier, Intercontinental Hotels Group (IHG) , has rejected a 6 billion pound ($10.1 billion) takeover offer from a U.S. bidder, Sky News reported, citing unidentified sources.
EU election casts shadow over euro zone as ECB meeting approaches
LONDON (Reuters) – Investors this week will be watching the results of elections that could deal a blow to political parties that are key to reform efforts in the European Union and could also fan instability in Ukraine.
Roche expects above-market trend U.S. diagnostics sales growth: executive
DUBAI (Reuters) – Swiss drugmaker Roche Holding expects sales from its diagnostic division to grow faster in the United States than the market trend and it will not reduce prices despite reimbursement cuts in the U.S. health programme, an executive sai…
A bitter pill as China crackdowns squeeze pharma margins
SHANGHAI (Reuters) – A crackdown on corruption and pricing in China’s fast-growing pharmaceutical market has squeezed profits and margins, raising a red flag to global Big Pharma that the days of easy growth in the country may be over.
Merkel says will prevent chlorine-washed chicken imports from U.S.
WORMS, Germany (Reuters) – Germany’s Angela Merkel stressed the importance of Europe striking a free trade deal with the United States on Saturday, but added she would not allow the import of chlorine-washed chicken – a sticking point in negotiations.
Putin says Russia may speed up alternative gas route to China
ST PETERSBURG, Russia (Reuters) – Russia’s President Vladimir Putin said on Saturday a route to supply gas to China via western Siberia may be implemented faster than the eastern route, through which Moscow has agreed to ship the fuel to its Asian neig…
Deutsche Post aims for top spot in e-commerce logistics: paper
FRANKFURT (Reuters) – Deutsche Post is aiming for a top spot in the global logistics market for online shopping, its chief executive told a German weekly, adding small acquisitions could help achieve this.
ECB’s Mersch: Banks need to be strong enough to meet credit demand
SHANGHAI (Reuters) – Euro zone banks need to be strong enough to support a pick up in credit demand to keep the euro zone recovery going, European Central Bank Executive Board member Yves Mersch said on Saturday.
