NEW YORK, Dec 4 (Reuters) - CVS Health Corp and Aetna Inc on Monday said their $69 billion deal to combine the pharmacy and drug benefit manager and the No. 3 U.S. health insurer would transform healthcare and deliver cost savings, but investors took a pessimistic view of the combination in the short term. [Source]
Ho CHI MINH CITY/SINGAPORE (Reuters) - Vietnam's trade ministry said on Sunday that Vietnam Beverage Co Ltd, a unit of Thai Beverage , was the only investor seeking to buy all shares of Vietnamese brewer Sabeco on offer worth nearly $5 billion.
AMMAN (Reuters) - Sabih al Masri, a Palestinian billionaire and Jordan's most influential businessman, was released after several days of detention in Saudi Arabia, who he said gave him "all respect".
JERUSALEM, Dec 17 (Reuters) - Israel's main public-sector labour union went on a half-day strike on Sunday, closing the airport, the stock exchange, banks and all government ministries as part of a protest against mass layoffs planned by Teva Pharmaceutical Industries.
SANTIAGO (Reuters) - Chileans vote in an uncertain runoff presidential election on Sunday that will determine if the world's top copper producer stays on its center-left course or joins a tide of Latin American nations turning to the right in recent years.
Palestinian billionaire Masri released by Saudis, to leave country soon, sources close to family say
AMMAN (Reuters) - Jordan's most influential businessman, the Palestinian billionaire Sabih al-Masri, returned to his home in Riydah after being detained by Saudi authorities and is expected to be allowed to leave the country soon, sources close to the family said on Sunday.
Ho CHI MINH CITY/SINGAPORE (Reuters) - Vietnam is set to auction an up to $5 billion stake in top brewer Sabeco on Monday, with Thai Beverage the only potential bidder to have expressed interest in a majority stake.
Ho CHI MINH CITY/SINGAPORE, Dec 17 (Reuters) - Vietnam is set to auction an up to $5 billion stake in top brewer Sabeco on Monday, with Thai Beverage the only potential bidder to have expressed interest in a majority stake.
WASHINGTON (Reuters) - The Trump administration has told agencies within the Department of Health and Human Services to avoid using certain words or phrases in official documents being drafted for next year's budget, the Washington Post reported on Saturday.
With time running out for Congress to reach an agreement on the budget, lawmakers are advancing a quiet but crippling assault on the Environmental Protection Agency (EPA), which has already suffered years of hollowing out from budget cuts. At stake is the EPA's fundamental ability to carry out its most basic public health and environmental missions. Without full funding for the agency, the health of our children, our seniors and our communities are at risk.
DETROIT, Dec 16 (Reuters) - General Motors Co offered a sneak peek on Saturday of the next generation Chevrolet Silverado pickup, designed to haul big payloads of profits for the automaker when it launches next year.
LIMA, Dec 16 (Reuters) - Brazilian builder Odebrecht said Saturday that its recently-disclosed business ties to embattled Peruvian President Pedro Pablo Kuczynski were not part of the corrupt deals it struck with politicians that it has acknowledged to prosecutors.
SANTIAGO, Dec 16 (Reuters) - U.S. media company Turner Broadcasting has won exclusive rights to broadcast Chilean soccer matches, edging out competitor Fox Sports for the 15-year contract, the local soccer association said late on Friday.
VIENNA, Dec 16 (Reuters) - Austria's newly formed conservative far-right coalition government said on Saturday it would be a reliable partner in a European Union it seeks to reform to return more power to national governments.
TORONTO (Reuters) - Canadian police are investigating the mysterious deaths of pharmaceuticals billionaire Barry Sherman, founder of Apotex Inc, and his wife Honey, whose bodies were found in their Toronto mansion on Friday.
AMMAN (Reuters) - Sabih al-Masri, a Palestinian billionaire and the chairman of Jordan's largest lender Arab Bank, was detained in Saudi Arabia for questioning after a business trip to Riyadh, family sources and friends said on Saturday.
ZURICH, Dec 16 (Reuters) - Roche's patent dispute with London-listed Shire over the Swiss drugmaker's new haemophilia drug Hemlibra has escalated, with Shire filing a new motion in a U.S. court that Roche says aims to stop some patients from getting its medicine.
TORONTO (Reuters) - Canadian police said they were investigating the mysterious deaths of Barry Sherman, founder of Canadian pharmaceutical firm Apotex Inc, and his wife, Honey, one of the nation's wealthiest couples whose bodies were found in their mansion on Friday.
CARACAS (Reuters) - Venezuela's government and opposition leaders will hold a new round of talks in January after failing on Friday to reach an agreement to ease a deep political and economic crisis in the troubled OPEC country.
ANCHORAGE, Alaska, Dec 15 (Reuters) - The state of Alaska will receive hundreds of millions of dollars in a settlement with oil companies over the value of North Slope crude oil shipped through the Trans-Alaska Pipeline (TAP), officials announced.
TORONTO (Reuters) - Canadian police said they were investigating the mysterious deaths of the billionaire founder of Canadian pharmaceutical firm Apotex Inc, Barry Sherman, and his wife, Honey, who were found dead in their Toronto mansion on Friday.
Dec 15 (Reuters) - Hedge fund Elliott Management disclosed a 6.5 percent stake in Akamai Technologies on Friday, and said the company's $9.7 billion market value did not reflect the uses of its platform, which speeds up content delivery over the internet.
(Reuters) - The billionaire founder of Canadian pharmaceutical firm Apotex Inc, Barry Sherman, and his wife Honey, were found dead in their Toronto home on Friday under circumstances that police described as "suspicious."
WASHINGTON, Dec 15 (Reuters) - The top U.S. Senate Democrat said on Friday he would force a vote on the Federal Communications Commission's decision to repeal landmark net neutrality rules, but the move was unlikely to block a ruling that could reshape the digital landscape.
WASHINGTON, Dec 15 (Reuters) - A compromise Republican tax bill released late Friday does not eliminate a $7,500 electric vehicle tax credit as Republicans in the U.S. House of Representatives had previously proposed.
Dec 15 (Reuters) - Camuto Group, the U.S. footwear, clothing and accessories wholesaler known for its Vince Camuto shoes, has hired a turnaround consultant after a deal to sell itself to Aldo Group Inc fell through, according to a person familiar with the matter.
SAO PAULO, Dec 15 (Reuters) - A network of electric aircraft Uber Technologies Inc is developing with Embraer SA is likely to launch commercially in 2024, the Brazilian planemaker's chief executive said on Friday, adding a year to the latest forecast from the ride-hailing company.
WASHINGTON (Reuters) - Senator Amy Klobuchar, the top Democrat on the Senate antitrust panel, urged the subcommittee on Friday to hold a hearing on Walt Disney Co's plan to buy a number of Twenty-First Century Fox Inc businesses.
WASHINGTON, Dec 15 (Reuters) - Senator Amy Klobuchar, the top Democrat on the Senate antitrust panel, urged the subcommittee on Friday to hold a hearing on Walt Disney Co's plan to buy a number of Twenty-First Century Fox Inc businesses.
NEW YORK, Dec 15 (Reuters) - An executive at Turkey's majority state-owned Halkbank took the witness stand in a New York courtroom on Friday and denied charges that he participated in a scheme to help Iran evade U.S. sanctions.
* P&G SAYS ABOUT 972.8 MILLION SHARES WERE CAST IN FAVOR OF NELSON PELTZ'S ELECTION TO BOARD, WHILE ABOUT 16.4 MILLION SHARES WERE WITHHELD - SEC FILING Source: (http://bit.ly/2zfyTtB) Further company coverage:
SAN FRANCISCO, Dec 15 (Reuters) - Facebook Inc on Friday struck back against scientific researchers and tech industry insiders who have criticized the world's biggest social media network and its competitors for transforming how people behave and express emotion.
VIENNA (Reuters) - Austrian conservatives led by Sebastian Kurz reached a coalition deal with the anti-immigration Freedom Party on Friday, paving the way for Austria to become the only western European country with a far-right party in government.
Dec 15 (Reuters) - Speculators raised their net-short bets on the U.S. dollar to $7.81 billion in the latest week, the 22nd straight week of bearish bets against the U.S. currency, according to data from the Commodity Futures Trading Commision calculated by Reuters.
SANTIAGO, Dec 15 (Reuters) - Chile's IPSA stock index ended up 7 percent on the week on Friday, its highest weekly gain in eight years and coming ahead of Sunday's presidential election, as the price of copper, the country's main export, rose.
Dec 15 (Reuters) - A Pennsylvania man pleaded guilty on Friday to charges that he traded on confidential, inside information that a former Celator Pharmaceuticals Inc employee supplied him, including that the company now owned by Jazz Pharmaceuticals Plc was planning to be acquired.
ROME, Dec 15 (Reuters) - Italy's state holding company CDP and Intesa Sanpaolo have signed a non-binding agreement to join ArcelorMittal's bid to buy Italian steelmaker Ilva, a source close to the matter said on Friday.
NEW YORK, Dec 15 (Reuters) - More than 15 members of blockchain consortium Hyperledger have either cut their financial support for the project or quit the group over the past few months, according to documents seen by Reuters.
TORONTO, Dec 15 (Reuters) - Wood pellets producer Pinnacle Renewable Energy Inc, owned by Canadian private equity firm Onex Corp, wants to raise about C$175 million ($136 million) through a Toronto initial public offering (IPO), people familiar with the matter told Reuters this week.
Dec 15 (Reuters) - Dominion Energy Inc's Millstone nuclear power plant is expected to remain profitable through 2035, according to a study released by Connecticut energy regulators on Thursday, making it less likely the company will shut the reactors early.
Dec 15 (Reuters) - CSX Corp shares skidded as much as 10 percent on Friday, wiping out $4 billion in market value, as the No. 3 U.S. railroad by revenue sought to assure investors its turnaround would progress despite the unexpected medical leave of its chief executive officer.
WASHINGTON, Dec 15 (Reuters) - Randal Quarles, the top Federal Reserve official tasked with policing Wall Street, said on Friday that he would recuse himself from any matters concerning Wells Fargo & Co, the nation's third largest bank.
NEW DELHI (Reuters) - An Indian court on Friday quashed federal rules that mandated stringent graphic health warnings on tobacco products, lawyers involved in the case said, in a decision seen as a major victory for the tobacco industry and a setback for health advocates.
MEXICO CITY, Dec 15 (Reuters) - Amazon.com Inc likely doubled its sales to become the biggest internet retailer in Mexico this year, helping to grow the country's nascent e-commerce market by a third, according to a report by market research firm Euromonitor International.
By Scott DiSavino Dec 15 (Reuters) - U.S. energy companies this week cut oil rigs for the first time in six weeks in spite of prices rising close to their highest in over two years and drillers starting to boost spending plans for next year. The oil rig count fell by four to 747 in the week to Dec. 15, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday. The U.S. rig count, an early indicator of future
Dec 15 (Reuters) - A relentless bull-run in U.S. stock indexes this year has set the stage for a strong IPO market in 2018, with several multi-billion dollar firms including Airbnb and Spotify widely expected to grab headlines with their offerings.
BRUSSELS (Reuters) - French aero engine maker Safran is set to secure an EU green light for its $7.7 billion bid for aircraft seat maker Zodiac Aerospace to create the world's third-largest aerospace supplier, a person familiar with the matter said on Friday.
NEW YORK, Dec 15 (Reuters) - Pet supplies retailer Petsmartâ€™s US$4.2bn leveraged loan has fallen in the US secondary market after the company reported sluggish third quarter results on Monday and investors anticipate a weak fourth quarter, two sources close to the matter said.
BRASILIA, Dec 15 (Reuters) - Brazilian telecoms regulator Anatel still plans to vote against a plan put forth by carrier Oi SA to exit bankruptcy protection, the body's president, Juarez Quadros, said on Friday.
Dec 15 (Reuters) - After years of double-digit growth, home solar installations in the United States are poised to fall for the first time this year, according to a report released on Thursday by GTM Research.
(Reuters) - Wall Street indexes rose in morning trading on Friday, driven by gains in shares of banking and healthcare companies and on hopes that a final Republican tax bill will be unveiled in Congress later in the day.
BRUSSELS (Reuters) - EU antitrust regulators are expected to approve without conditions French aero engine maker Safran's bid for aircraft seats, toilets and galleys maker Zodiac Aerospace , a person familiar with the matter said on Friday.
Dec 15 (Reuters) - CSX Corp shares slid as much as 10 percent on Friday, wiping out $4 billion in market value, as the No. 3 U.S. railroad sought to assure investors its turnaround would progress despite the unexpected medical leave of its chief executive officer.
LONDON (Reuters) - Unilever has agreed to sell its margarine and spreads business to KKR for 6.8 billion euros ($8 billion), it said on Friday, confirming an earlier report by Reuters saying the U.S. private equity fund had made it into exclusive talks to buy the shrinking business.
LONDON, Dec 15 (Reuters) - Unilever has agreed to sell its margarine and spreads business to KKR for 6.8 billion euros ($8 billion), it said on Friday, confirming an earlier report by Reuters saying the U.S. private equity fund had made it into exclusive talks to buy the shrinking business. ($1 = 0.8498 euros) (Reporting by Martinne Geller; Editing by Susan Fenton)
BRUSSELS (Reuters) - Europe's second-highest court has rejected a request from the U.S. government to intervene in Apple's challenge against an EU order to pay back taxes of up to 13 billion euros ($15.3 billion) because it failed to prove a direct interest in the outcome of the case.
PARIS, Dec 15 (Reuters) - France's financial stability council said on Friday that it planned to set a cap on large banks' exposure to highly indebted companies after big French firms binged on cheap debt in recent years amid record low interest rates.
SAN FRANCISCO, Dec 15 (Reuters) - Behind your video stream of a hit like "Stranger Things" is a complicated array of technology and business relationships that will not change very much, at least in the short term, as a result of this week's repeal of U.S. regulations on internet traffic, industry insiders say.
LOS ANGELES, Dec 15 (Reuters) - New movie "Star Wars: The Last Jedi" brought in $45 million on its opening night on Thursday at U.S. and Canadian theaters as fans rushed to see the latest installment in the blockbuster franchise, distributor Walt Disney Co said on Friday.
JOHANNESBURG (Reuters) - South African tycoon Christo Wiese on Friday called off plans to sell his stake in grocer Shoprite to Steinhoff's African arm , a day after he resigned from Steinhoff's board in the midst of an accounting scandal.
SAO PAULO, Dec 15 (Reuters) - French energy group Engie SA and Celeo Redes, a firm controlled by Spain's Elecnor , won licenses on Friday to build and operate power transmission lines in Brazil for 30 years during a government-sponsored auction in Sao Paulo.
FRANKFURT, Dec 15 (Reuters) - The surging price of cryptocurrencies in global markets is catching the eye not just of ordinary retail investors but a cybercrime gang with links to the North Korean government, according to cyber researchers tracing the group's activities.
TORONTO, Dec 15 (Reuters) - Canada's main stock index rose on Friday, helped by a sharp jump in auto parts maker Linamar Corp after it announced plans to buy an agricultural equipment maker, while natural resources stocks also boosted the move higher.
Dec 15 (Reuters) - CSX Corp shares slid on Friday as the No. 3 U.S. railroad sought to assure investors its turnaround would progress full steam ahead despite the unexpected medical leave of chief executive officer Hunter Harrison.
Dec 15 (Reuters) - Activist investor Carl Icahn on Friday stepped up its fight against SandRidge Energy Inc's plan to buy a rival, urging fellow stockholders to vote against the oil and gas company's plan to issue shares for the $746 million deal.
TORONTO, Dec 15 (Reuters) - Canada's main stock index gained in early trading on Friday, as auto parts maker Linamar Corp jumped on news of a C$1.2 billion deal to buy an agricultural equipment maker, and heavyweight energy and financial stocks also rose.
LONDON, Dec 15 (Reuters) - Barclays will upgrade its trading platform for all financial products traded on exchanges on Jan. 3, taking on more trade reporting duties on behalf of its clients ahead of new European market reforms, a spokesman for the bank said.
HELSINKI (Reuters) - Finnish lawmakers narrowly voted on Friday to let grocery stores sell stronger alcoholic drinks, after months of public debate pitting supporters of drinker's rights against health campaigners.
Dec 15 (Reuters) - The U.S. Food and Drug Administration has allowed Alnylam Pharmaceuticals Inc to restart clinical trials on a drug to treat patients with a rare bleeding disorder, the company said on Friday.
COPENHAGEN, Dec 15 (Reuters) - Danish drugmaker Novo Nordisk came closer to winning European approval for diabetes drug Ozempic, its biggest growth prospect, when a European Medicines Agency (EMA) experts' panel issued a positive recommendation on Friday.
PARIS, Dec 15 (Reuters) - Airbus Chief Executive Tom Enders, who is stepping down in 2019, urged employees on Friday to allow the board to pick his successor without being distracted by speculation about who would replace him.
Dec 15 (Reuters) - The U.S. Food and Drug Administration approved Aclaris Therapeutics Inc's topical drug to treat a common kind of skin growth called seborrheic keratoses, the company said on Friday.
BANGKOK, Dec 15 (Reuters) - National carrier Thai Airways International and Airbus plan to jointly open an aircraft maintenance and repair operations (MRO) hub in Thailand, a Thai Airways official said on Friday.
FRANKFURT, Dec 15 (Reuters) - The chief financial officer of unlisted Boehringer Ingelheim, Simone Menne, will quit Germany's second-largest pharmaceuticals company at year-end after just 16 months in office because of differences over strategy.
LONDON, Dec 15 (Reuters) - World shares fell on Friday and the dollar slipped against major and heavyweight emerging market currencies, as nagging uncertainty about a U.S. tax cuts package dovetailed with broad-based end-of-year caution.
BERLIN, Dec 15 (Reuters) - German luxury automaker BMW said on Friday it will spend over 100 million euros ($118 million) on a test track for self-driving and electric cars in the Czech Republic, as it expands its foray into alternative driving technologies.
SAO PAULO, Dec 15 (Reuters) - BB Banco de Investimento SA, a wholly owned subsidiary of state-run Banco do Brasil, will keep its 9.35 percent ownership of electricity company Neoenergia SA after the utility canceled plans for an initial public offering, the bank said in a securities filing late on Thursday.
HONG KONG, Dec 15 (Reuters) - Hong Kong is set to allow controversial dual-class shares under rule changes to be proposed by the city's stock exchange as it raises the stakes in its battle against New York for blockbuster Chinese initial public offerings (IPOs).
MOSCOW, Dec 15 (Reuters) - A Russian court has established that former Economy Minister Alexei Ulyukayev had extorted a $2 million bribe from Igor Sechin, the CEO of oil company Rosneft , judge Larisa Semyonova said on Friday.
MOSCOW, Dec 15 (Reuters) - Former Russian economy minister Alexei Ulyukayev was found guilty on Friday of soliciting a $2 million bribe from Rosneft chief executive Igor Sechin in a court case that has shone a rare light on infighting among the Russian elite.
MOSCOW (Reuters) - Russian Foreign Minister Sergei Lavrov said a possible breakdown of the Iran nuclear deal would send the wrong signal when it came to trying to resolve the situation around North Korea, the RIA and Interfax news agencies reported on Friday.
Dec 15 (Reuters) - Canada Pension Plan Investment Board (CPPIB) and Brazil's Votorantim Group's energy unit Votorantim Energia have formed a joint venture that will buy two operational wind parks in northeastern Brazil, they said.