Coca-Cola Co has agreed to buy the world’s second largest coffee chain Costa from Britain’s Whitbread Plc for an enterprise value of 3.9 billion pounds ($5.1 billion), opening a new front in its push away from traditional sodas.
U.S. hedge fund King Street Capital Management LP has proposed new independent directors at Japan’s Toshiba Corp , the Wall Street Journal reported on Friday, citing people familiar with the matter.
As analysts crunch trade data and political commentators dissect official statements for signs of how the Sino-American trade war will develop, some ordinary Chinese are using different sources to predict U.S. President Donald Trump’s next moves: fortune tellers.
U.S. ride services firm Lyft Inc is in talks with an advisor for a targeted March or April 2019 initial public offering, Bloomberg reported, citing people familiar with the matter.
Activist investor Daniel Loeb’s hedge fund Third Point LLC is speaking to consumer industry executives as it seeks to fill a slate of nominees to challenge Campbell Soup Co’s board of directors, according to people familiar with the matter.
Canada’s trade minister said on Friday that Canada, the United States and Mexico are working to “get the right deal, not any deal” on a revamped North American trade pact, and there were risks to all if no agreement could be reached.
Jeffrey Skilling, the former chief executive officer of Enron who received a 24-year prison sentence for his role in the company’s spectacular collapse, has been released from an Alabama prison camp and moved to a halfway house, records from the U.S. Bureau of Prisons showed on Thursday.
Top NAFTA negotiators from Canada and the United States wrapped up a third day of two-way talks on Thursday, agreeing to meet the next day to resolve final differences before a deadline, with Mexican counterparts on standby to rejoin negotiations.
Funds run by BlackRock Inc voted in favor of a recent shareholder proposal that would have required Tesla Inc to replace Elon Musk with an independent chairman.
Top NAFTA negotiators from Canada and the United States worked late into the night Thursday to resolve final differences to meet a Friday deadline, with their Mexican counterpart on standby to rejoin the talks soon.
Canada’s foreign minister Chrystia Freeland said on Thursday that talks between Canadian and U.S. officials over the renegotiation of the North American Free Trade Agreement (NAFTA) would resume on Friday.
Which of these two Big Three auto players is the smarter pick? …read more […]
The tech giant could unveil three new iPhones and more. …read more […]
Aug.30 — David Qu, markets economist at ANZ China, discusses the Trump administration’s potential tariffs on $200B of Chinese goods and what it means for the Chinese economy. He speaks on “Bloomberg Daybreak: Asia.” …read more […]
Asian shares came under renewed pressure on Friday after reports U.S. President Donald Trump was preparing to step up a trade war with Beijing and ready to impose more tariffs on Chinese imports.
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