Business & Finance News
General Electric Co said on Monday it was selling its biopharma business to Danaher Corp for $21.4 billion, the company’s biggest asset sale since it announced plans to break up the conglomerate last June.
Canada’s Barrick Gold Corp offered to buy U.S. rival Newmont Mining Corp for nearly $18 billion in stock on Monday, in a deal that would combine the world’s two largest gold producers.
Warren Buffett said on Monday that his company Berkshire Hathaway Inc overpaid in the merger that created Kraft Heinz Co.
Broadcaster RTL on Monday said it had sold Universum Film, a unit specialized in film rights, to U.S. private equity KKR for an undisclosed sum.
Warren Buffett said on Monday that his company Berkshire Hathaway Inc overpaid in the merger that created Kraft Heinz Co.
Russia-based private equity group Baring Vostok appealed on Monday for President Vladimir Putin to intervene in a criminal investigation into its U.S. founder Michael Calvey and other executives.
Canada’s Barrick Gold Corp on Monday offered to buy U.S. rival Newmont Mining Corp in a nearly $18 billion all-stock deal that would create a global gold mining giant.
The West needs to understand that the challenge of China’s technological revolution runs much deeper than Huawei’s row with the United States over intellectual property theft and state espionage, one of Britain’s top spies said.
Equity markets across Europe and Asia rose on Monday after U.S. President Donald Trump said he would hold off on hiking tariffs on Chinese imports, buoying hopes of a resolution to a trade war between the world’s two biggest economies.
Munich prosecutors fined BMW 8.5 million euros ($9.65 million) for administrative lapses after the German luxury carmaker installed the wrong engine management software into 7,965 vehicles, leading to higher emissions.
Japan’s Sony, which has fallen way behind its South Korean and Chinese rivals in the smartphone sales race, aims to capitalize on its movie pedigree with new devices featuring 21:9 ratio screens, the dimensions used to film blockbusters.
Russia-based private equity group Baring Vostok appealed on Monday for President Vladimir Putin to take a criminal investigation into its U.S. founder Michael Calvey and other executives under his personal control.
China’s Huawei Technologies is prepared to defend itself in court in the Czech Republic if it is unable to resolve a security warning from the country’s cyber watchdog in an open way, its country manager was quoted as saying on Monday.
Berkshire Hathaway Inc reported quarterly adjusted earnings of $2.32 per share. The mean expectation of 4 analysts for the quarter that ended in December was for earnings of $1.85 per share.
Sony, the Japanese company that has fallen way behind its Korean and Chinese rivals in the smartphone sales race, is aiming to capitalize on its movie pedigree with new devices featuring 21:9 ratio screens, the dimensions used to film blockbusters.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
