Peltz to join Mondelez board, ends push for PepsiCo deal
(Reuters) – Mondelez International Inc , maker of Cadbury chocolate and Oreo cookies, added activist investor Nelson Peltz to its board in a deal that ends his campaign to have the company merge with PepsiCo Inc .
Toyota warning on Thai crisis reveals frustration, limited options
TOKYO (Reuters) – Toyota Motor Corp’s warning it could rethink further investment plans in Thailand looks aimed at signaling its deep frustration over a drawn-out political crisis, but Japanese car makers are unlikely to scale back Thai operations any …
Unilever sticks with emerging markets as sales rebound
LONDON (Reuters) – Unilever said it would stick to its emerging markets growth strategy as a fourth-quarter recovery in sales in the region boosted the consumer goods maker’s 2013 results and reassured investors who had been worried about consumer dema…
Renault sales buck Europe slump, gain in emerging markets
PARIS (Reuters) – Renault’s global sales rose 3.1 percent to 2.63 million vehicles in 2013, the French carmaker said on Tuesday, buoyed by gains in Russia and emerging markets.
Halliburton profit surges 31 percent as drilling booms outside North America
(Reuters) – Halliburton Co reported a 31 percent rise in quarterly profit as the world’s second-largest oilfield services company’s push into global markets more than made up for weakness in North America.
Analysis: U.S. bankers voice new optimism as businesses line up for loans
NEW YORK (Reuters) – Loans to businesses have risen to a record high and bank executives say they are increasingly optimistic about the U.S. economy.
Novartis to shuffle jobs to support product launches
ZURICH (Reuters) – Swiss drugmaker Novartis plans to reorganize parts of its domestic workforce, cutting up to 500 jobs in its pharmaceutical division to free resources for new roles to support the product launches, the company said on Tuesday.
Insight: Norway’s $833 billion oil fund eyes riskier bets
OSLO (Reuters) – In May 2012 the world’s largest sovereign wealth fund joined U.S. investors BlackRock and Waddell & Reed to buy a $1.6 billion stake in motor racing’s Formula One. The people who had worked on the deal for months were looking forward to celebrating their hard work.
JPMorgan drops another China IPO amid ‘princeling’ probe: sources
HONG KONG, Jan 21 (IFR/Reuters) – JPMorgan Chase & Co has stopped working on a Chinese firm’s initial public offering amid an investigation by U.S. authorities into its hiring practices in China, people with direct knowledge of the matter told Reuters on Tuesday.
Rolls-Royce could bid for Finland’s Wartsila: report
HELSINKI (Reuters) – British engineering company Rolls-Royce is expected to make a public offer on the Finnish ship and power plant engine maker Wartsila , a newspaper reported on Tuesday, citing unnamed investors.
