Exclusive: Tri Pointe nears $2.7 billion deal for Weyerhaeuser unit: sources
NEW YORK (Reuters) – Tri Pointe Homes Inc is near a deal to buy Weyerhaeuser Co’s homebuilding division for about $2.7 billion, which would make it one of the 20 largest homebuilders in the United States, two people familiar with the matter said on Sun…
Hong Kong luxury home buyers queue amid talk of last hurrah
HONG KONG (Reuters) – In a shopping mall in one of Hong Kong’s prime retail districts, more than 100 people wait patiently to take a lift to the sales floors – not to buy luxury bags or clothes, but high-end apartments with price tags of up to $4.4 mil…
Swiss Finance Minister wants banks to boost leverage ratios: paper
GENEVA (Reuters) – Swiss banks should be subject to higher leverage ratio requirements, Swiss Finance Minister Eveline Widmer-Schlumpf was quoted as saying on Sunday.
Covanta shares seen growing for years -Barron’s
(Reuters) – U.S. waste management and energy company Covanta Inc is likely to keep growing for years because most of its revenue is secured by long-term contracts and barriers to entry in the waste-to-energy business are high, according to an article i…
U.S. manufacturers refashion themselves as ‘lifestyle brands’
CHICAGO (Reuters) – Call it concealed-carry chic: With all 50 U.S. states now permitting people to pack pistols in public, it was only a matter of time before some company came to market with an apparel line targeting the gun-toting crowd.
ECB may soon join the flight of the doves
LONDON (Reuters) – Even as the euro zone economy shows faint signs of stirring, the European Central Bank is likely to send a dovish message this week that more monetary help will be on the way before long.
Chip designers see dollar signs in Bitcoin miners
SUNNYVALE, California (Reuters) – Tucked away in an air conditioned data center in Silicon Valley is a hodgepodge of black boxes, circuit boards and cooling fans owned by 27-year-old Aaron Jackson-Wilde, a modern-day prospector looking for Bitcoins.
Swisscom builds ‘Swiss Cloud’ as spying storm rages
ZURICH (Reuters) – Swisscom is building a “Swiss Cloud” that could loosen the grip of U.S. technology giants and attract foreign companies looking for a way to shield sensitive data from the prying eyes of foreign intelligence services.
Air France sets tough conditions for Alitalia investment: report
MILAN (Reuters) – Air France-KLM has set tough conditions, including 5,000 job cuts, for investing more money in loss-making Italian airline Alitalia, financial daily Il Sole 24 Ore reported on Sunday.
Roche poised for deal to get back into antibiotics: paper
GENEVA (Reuters) – Swiss drugmaker Roche is poised to get back into antibiotics by taking over a candidate drug being developed by privately-owned Polyphor, the NZZ am Sonntag paper said on Sunday, without citing a source for the information.
