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Nestle faces pressure to hasten change after new Third Point letter
LONDON (Reuters) – Nestle faces greater pressure to speed up change after activist investor Third Point stepped up its criticism of the world’s largest food company.
LONDON (Reuters) – Nestle faces greater pressure to speed up change after activist investor Third Point stepped up its criticism of the world’s largest food company.
On a per-share basis, the Bridgewater, New Jersey-based company said it had a loss of 95 cents. Losses, adjusted for one-time gains and costs, were 54 cents per share. The mobile services company posted … …read more […]
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(Reuters) – Dell Inc said on Monday it will buy out the holders of shares that track the performance of VMWare Inc using a mix of cash and equity in Dell.
PARIS (Reuters) – ADM is in exclusive talks to take over animal nutrition business Neovia for 1.5 billion euros ($1.75 billion), marking a new step in the U.S. agricultural giant’s strategy to expand in the fast growing feed sector.
BERKELEY HEIGHTS, N.J. (Reuters) – President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on U.S. ally Saudi Arabia to raise supplies to compensate for lower exports from Iran.
WASHINGTON (Reuters) – The U.S. Chamber of Commerce, the nation’s largest business group and customarily a close ally of President Donald Trump’s Republican Party, is launching a campaign on Monday to oppose Trump’s trade tariff policies.
A renewed slide in Chinese shares and a sobering set of factory surveys sucked world shares lower on Monday, while European markets and the Mexican peso were both jolted by political developments at home. It was the first day of the new month, quarter and half-year but there was no let up for bruised investors after the worst start to a year for world shares since 2010. Europe started with a thud too, with the pan-European STOXX 600 index dropping 1 percent and the euro down 0.5 percent against the dollar at $1.1630 as the stability of Germany’s …read more […]
LONDON (Reuters) – A renewed slide in Chinese shares and a sobering set of factory surveys sucked world shares lower on Monday, while European markets and the Mexican peso were both jolted by political developments at home.
BRUSSELS (Reuters) – The European Union has warned the United States that imposing import tariffs on cars and car parts would harm its own automotive industry and likely lead to counter-measures by its trading partners on $294 billion of U.S. exports.
LONDON (Reuters) – Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating trade dispute with the United States.
PARIS (Reuters) – Airbus shares fell on Monday after Bloomberg News reported that the European planemaker would miss its delivery target for Pratt & Whitney-powered A320neo narrow-body jets this year.
SINGAPORE (Reuters) – Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose, and as signs of an economic slowdown in Asia dented the outlook for demand.
Jul.02 — According to Elon Musk, Tesla “just became a real car company.” That as the electric automaker finally exceeded a production target for its Model 3. In the email, the CEO says the company produced 5,000 of the mass market sedans last week, a goal initially set for the end of last year. Bloomberg’s Dave McCombs reports on “Bloomberg Daybreak: Europe.” …read more […]
SYDNEY (Reuters) – A renewed slide in Chinese shares and a sobering set of factory surveys sucked Asian markets lower on Monday, while the euro and the Mexican peso were both jolted by political developments at home.
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