Heineken says it is investing 500 million euros a year in Africa
ABUJA (Reuters) – Heineken plans capital expenditure of 500 million euros ($690 million) a year in Africa over the next few years to maintain sales growth, a senior executive at the world’s third largest brewer told Reuters on Friday.
Spain’s Repsol sells package of Argentine bonds for $2.8 billion
MADRID (Reuters) – Spanish oil major Repsol has sold a package of Argentine BONAR24 sovereign bonds to JP Morgan for $2.8 billion, the company said in a statement on Friday.
U.S. judge orders RBS unit stop using software in copyright case
NEW YORK (Reuters) – A U.S. judge ordered a unit of Royal Bank of Scotland Group Plc on Friday to stop using a key piece of software used for its trade finance business after finding the bank liable for copyright infringement.
Ford recalls over 750,000 vehicles for software, door-handle faults
DETROIT (Reuters) – Ford Motor Co is recalling more than 750,000 vehicles, most of them Escape sport utility vehicles, in North America to address possible software and door-handle problems.
Barclays sees generational shift, rivals smell blood
LONDON (Reuters) – Where Barclays sees a “generational shift”, its investment bank rivals are smelling blood.
Battle for control destroyed $35-billion Omnicom-Publicis merger
LONDON/NEW YORK/PARIS (Reuters) – The $35-billion merger of U.S.-based Omnicom and France’s Publicis collapsed on Friday after a battle for control destroyed plans to create the world’s largest advertising agency.
Petrobras first-quarter profit seen falling on output, costs, forex
RIO DE JANEIRO (Reuters) – Brazil’s state-run oil company, Petroleo Brasileiro SA, will likely report a one-third drop in first-quarter profit from a year earlier, on slack output, rising costs and a weakening Brazilian currency that erased gains from …
Argentina’s YPF shares jump 4.7 percent after Repsol sells stake
BUENOS AIRES (Reuters) – Shares in Argentina’s state-run oil company YPF jumped 4.7 percent on the Buenos Aires stock exchange on Wednesday after Spanish oil major Repsol sold its 11.86 percent stake in the company.
France wants Areva to buy Alstom wind unit if GE wins bid: paper
PARIS (Reuters) – France wants state-controlled nuclear group Areva to take over Alstom’s offshore wind turbine unit if General Electric’s bid for Alstom succeeds, a French paper reported on Friday.
ECB stimulus talk knocks euro, peripheral yields
LONDON (Reuters) – Yields on lower-rated euro zone bonds fell to record lows and the euro slid further on Friday as investors positioned for more monetary stimulus from the European Central Bank.
