• Reuters10 minutes ago

    EU regulators to rule on $2 billion Energizer, Spectrum deal by November 27

    BRUSSELS (Reuters) - European Union antitrust regulators will rule by Nov. 27 whether to clear U.S. battery maker Energizer Holdings' $2-billion bid for Spectrum Brands' battery and portable lighting business.

  • EU regulators to rule on $2 billion Energizer, Spectrum deal by Nov. 27
    Reuters10 minutes ago

    EU regulators to rule on $2 billion Energizer, Spectrum deal by Nov. 27

    BRUSSELS (Reuters) - European Union antitrust regulators will rule by Nov. 27 whether to clear U.S. battery maker Energizer Holdings' $2-billion bid for Spectrum Brands' battery and portable lighting business.

  • Russian search engine Yandex says often gets offers, co-founder does not plan to sell stake
    Reuters12 minutes ago

    Russian search engine Yandex says often gets offers, co-founder does not plan to sell stake

    Russia's top internet search engine Yandex said on Monday it regularly receives various offers from third parties and could review its shareholder structure but co-founder and CEO Arkady Volozh has no plans to sell his controlling stake. Shares in Yandex, known as 'The Google of Russia',

  • Reuters13 minutes ago

    Icahn-backed American Railcar to sell itself in $1.75 billion deal

    (Reuters) - American Railcar Industries Inc , majority-owned by billionaire investor Carl Icahn, is selling itself to ITE Rail Fund in a $1.75 billion deal including debt, the company said on Monday.

  • Super Micro to review hardware for malicious chips
    Reuters15 minutes ago

    Super Micro to review hardware for malicious chips

    "Despite the lack of any proof that a malicious hardware chip exists, we are undertaking a complicated and time-consuming review to further address the article," the chipmaker said in a letter to its customers dated Oct. 18. A Bloomberg report on Oct.4 cited 17 unidentified sources from intelligence

  • Philip Morris stop-smoking campaign attacked as PR stunt
    Reuters19 minutes ago

    Philip Morris stop-smoking campaign attacked as PR stunt

    Marlboro cigarette maker Philip Morris International drew accusations of hypocrisy on Monday after using a four-page newspaper advertisement to urge smokers to quit cigarettes. The wraparound advertisment covering Monday's Daily Mirror tabloid is part of Philip Morris's 2 million pound ($2.61

  • Petra Diamonds sales rise as production ramps up
    The Telegraph19 minutes ago

    Petra Diamonds sales rise as production ramps up

    Petra Diamonds increased sales by more than a fifth in the first quarter of its financial year, as higher production, better quality stones and a weakening of the South African rand more than offset a slump in the price of the gems.

  • UK government announces plans to ban plastic straws, cotton-buds, and stirrers
    CNBC20 minutes ago

    UK government announces plans to ban plastic straws, cotton-buds, and stirrers

    Authorities want to get tough on single use plastics.

  • Oil holds near $80 as Saudi Arabia plans output increase
    Reuters24 minutes ago

    Oil holds near $80 as Saudi Arabia plans output increase

    Oil hovered around $80 a barrel on Monday, lifted by a diplomatic crisis between Saudi Arabia and the West, just two weeks before U.S. sanctions potentially choke off Iranian crude supplies. Saudi Energy Minister Khalid al-Falih told Russia's TASS news agency that his country had no intention of

  • Reuters27 minutes ago

    Russian search engine Yandex says often gets offers, co-founder does not plan to sell stake

    Russia's top internet search engine Yandex said on Monday it regularly receives various offers from third parties and could review its shareholder structure but co-founder and CEO Arkady Volozh has no plans to sell his controlling stake. Shares in Yandex, known as 'The Google of Russia'

  • Telefonica Deutschland calls for regulators to block Vodafone-Liberty deal
    Reuters29 minutes ago

    Telefonica Deutschland calls for regulators to block Vodafone-Liberty deal

    FRANKFURT (Reuters) - The head of Telefonica Deutschland called on Monday for EU regulators to block Vodafone's planned acquisition of Liberty Global , saying it would lead to a "quasi-monopolisation" of the German cable TV market.

  • Ryanair CEO 'wouldn't rule out' downgrade to fare forecast
    Reuters31 minutes ago

    Ryanair CEO 'wouldn't rule out' downgrade to fare forecast

    DUBLIN (Reuters) - Ryanair Chief Executive Michael O'Leary on Monday said he would not rule out a downgrade to the low-cost carrier's forecast for average fares in the six months to March from the current estimate of a 2 percent fall.

  • Ryanair hopes to land deals with major unions by Christmas
    Reuters31 minutes ago

    Ryanair hopes to land deals with major unions by Christmas

    Ryanair hopes to reach deals with all of its major unions by Christmas, its chief executive said on Monday, in a sign an end may be in sight to disruptions which have hit its profit and shares. "Given the adverse environment that's out there for airlines and the number of job losses being

  • KKR's Calsonic buys Fiat Chrysler parts firm Magneti Marelli for $7.1 billion
    Reuters32 minutes ago

    KKR's Calsonic buys Fiat Chrysler parts firm Magneti Marelli for $7.1 billion

    TOKYO/MILAN (Reuters) - Japan's Calsonic Kansei, owned by U.S. private equity firm KKR , has agreed to buy Fiat Chrysler's Magneti Marelli for 6.2 billion euros ($7.1 billion) to form the seventh-largest independent car parts supplier. The first big deal by FCA's newly-appointed chief executive

  • KKR's Calsonic buys Fiat Chrysler parts firm Magneti Marelli for $7.1 billion
    Reuters32 minutes ago

    KKR's Calsonic buys Fiat Chrysler parts firm Magneti Marelli for $7.1 billion

    TOKYO/MILAN (Reuters) - Japan's Calsonic Kansei, owned by U.S. private equity firm KKR, has agreed to buy Fiat Chrysler's Magneti Marelli for 6.2 billion euros ($7.1 billion) to form the seventh-largest independent car parts supplier. The first big deal by FCA's newly-appointed chief executive

  • China drops ban on rapeseed meal from India
    Reuters33 minutes ago

    China drops ban on rapeseed meal from India

    BEIJING/MUMBAI (Reuters) - China has dropped a years-long ban on rapeseed meal imports from India as the government seeks to diversify sources of protein used in animal feed, the customs administration said on Monday. Rapeseed meal shipments from India can resume from Monday if they meet certain inspection

  • Gold prices dip as rallying stocks boost risk appetite
    Reuters34 minutes ago

    Gold prices dip as rallying stocks boost risk appetite

    BENGALURU (Reuters) - Gold fell on Monday, retreating from last week's 2-1/2 month peak as rallying global stock markets pointed to improved investor appetite for risk.

  • Reuters37 minutes ago

    Belgium chooses Lockheed's F-35 to replace F-16 jets -Belga

    Belgium has chosen Lockheed-Martin's F-35 jets rather than the Eurofighter Typhoon as a replacement for its ageing F-16s, Belgian national news agency Belga said, citing government sources. The country has been deliberating for months over a multibillion-dollar purchase of 34 new fighter jets,

  • Reuters38 minutes ago

    Four of six Bank of Israel members vote to leave key rate 0.1 percent -minutes

    Four of the six rate setters at Israel's central bank voted to keep the benchmark interest rate at 0.1 percent on Oct. 8, where it's been for more than three years, minutes of the discussions showed on Monday. "The committee assesses that in any one of the coming interest rate decisions

  • World stocks push past growth worries in China, Italy
    Associated Press39 minutes ago

    World stocks push past growth worries in China, Italy

    World markets rose on Monday, brushing off potential concerns about slower growth in China and a downgrade in Italy's credit rating over its plans to ramp up public spending. KEEPING SCORE: Germany's DAX added 0.6 percent to 11,624 and France's CAC-40 was 0.4 percent higher at 5,102. Britain

  • MapletreeLog declares 3.8% higher 2Q DPU of 1.958 cents on organic growth
    The Edge Singapore39 minutes ago

    MapletreeLog declares 3.8% higher 2Q DPU of 1.958 cents on organic growth

    SINGAPORE (Oct 22): The manager of Mapletree Logistics Trust (MLT) announced 2Q19 amount distributable to unitholders rose 32.5% year-on-year to $63.9 million while DPU grew 3.8% to 1.958 cents, on an enlarged unit base. Mapletree Logistics Trust Management says the robust growth in revenue and NPI

  • Reuters39 minutes ago

    Glencore CEO Ivan Glasenberg plans to retire in 3-5 years - Bloomberg

    Glasenberg has started training three to four people to succeed him in the job, but did not disclose the shortlist of candidates, Bloomberg reported, citing people familiar with the matter. Glasenberg, who is also the company's second-largest shareholder with a 8.56-percent stake, according to Refinitiv

  • European stocks climb as Italy responds to EU
    AFP News42 minutes ago

    European stocks climb as Italy responds to EU

    European stock markets climbed Monday, helped by solid gains on the Milan index as investors looked beyond a credit downgrade for Italy, which has told Brussels it will stick to a controversial budget. The dollar rose against major rivals, while oil prices edged higher, as investors tracked geopolitical

  • Belgium chooses Lockheed's F-35 to replace F-16 jets - Belga
    Reuters42 minutes ago

    Belgium chooses Lockheed's F-35 to replace F-16 jets - Belga

    Belgium has chosen Lockheed-Martin's F-35 jets rather than the Eurofighter Typhoon as a replacement for its ageing F-16s, Belgian national news agency Belga said, citing government sources. The country has been deliberating for months over a multibillion-dollar purchase of 34 new fighter jets, with

  • 'This is a lost year' for toy industry and Hasbro, says a...
    CNBC11 minutes ago

    'This is a lost year' for toy industry and Hasbro, says a...

    Eric Handler, MKM Partners managing director, discusses Hasbro's quarterly earnings report which missed analyst expectations.