Hedge fund Elliott rejects DuPont's Danisco bid
Elliott Associates, the $17 billion U.S. hedge fund, added its voice to demands that chemicals giant DuPont raise its $5.8 billion bid for Danisco, the Danish maker of food ingredients and enzymes.
Hedge fund Elliott rejects DuPont's Danisco bid
Elliott Associates, the $17 billion U.S. hedge fund, added its voice to demands that chemicals giant DuPont raise its $5.8 billion bid for Danisco, the Danish maker of food ingredients and enzymes.
Oil rise on Egypt tensions, stocks fall
World stocks fell for the third straight day on Friday partly on growing tensions in Egypt after President Hosni Mubarak disappointed protesters hoping he would resign, though oil and the dollar advanced. Partly because of the Egypt crisis, Asian stocks were on the course for their biggest weekly loss in nine months, but European shares were more resilient, on track for a second straight week of g...
Government panel may urge Huawei-3Leaf veto: report
A government panel may urge President Barack Obama to veto Huawei Technologies Co Ltd's acquisition of 3Leaf Systems, according to a report in the Wall Street Journal.
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Oil rises on Egypt tensions, stocks fall
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CIA goof up fuels rumors Mubarak fled Egypt
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Post-Market NASDAQ Movers (VITA, FALC, PNRA, NBIX, STMP, EXPE, NILE, HOKU, MNKD, OPTR)
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North Australia set to face more weather extremes, corals show
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CES 2021 Highlight: Robot Vacuum And Mop From Roborock Unveiled, 50Hz Scrubber For Tough Stains
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CES 2021 Highlight: HONOR Band 6 Global Version Launch, The Most Functional Affordable Fitness Tracker to Date
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Australia urged to use catastrophe bonds as disaster risk rises
Global reinsurance giant Swiss Re said Australia's natural disaster risk was increasing and urged its governments to cover the rising damages bill using insurance instruments like catastrophe bonds as opposed to one-off disaster levies.
Australia sugar industry looks to recovery after cyclone
About a quarter of Australia's sugar cane crop may have been destroyed after Cyclone Yasi tore through key growing areas, with the damage exacerbating already tight global supplies and helping push U.S. futures to three-decade highs last week.
Deutsche Boerse-NYSE deal faces antitrust snags
Deutsche Boerse AG's planned takeover of NYSE Euronext faces intense scrutiny from German regulators and European antitrust authorities, potentially imperiling the blockbuster exchange tie-up.
GM, Chrysler bonuses may reach 50 percent of pay: report
General Motors Co and Chrysler Group LLC could award some managers bonuses of up to 50 percent of their salary, Bloomberg reported on Thursday, citing three people familiar with the matter.
McConnell Mocks Democrats' Reagan Tributes
Sen. Mitch McConnell said Democrats' recent tributes to late President Ronald Reagan on his 100th birthday were an attempt to draw attention away from thei policies over the past two years.
Final tanker bids land; budget questions loom
Boeing Co submitted a final proposal in its politically sensitive rematch against Europe's EADS to build a potential $50 billion fleet of U.S. Air Force refueling aircraft.
Kinder Morgan's upsized IPO raises $2.86 billion
Pipeline company Kinder Morgan Inc sold more shares and priced them above the expected range, an underwriter said on Thursday, raising about $2.86 billion in the largest U.S. energy initial public offering since 1998.
Facebook mulls $1 bln employee share sale: report
Facebook may let its employees sell up to $1 billion of their shares to institutional investors at a price that values the company at about $60 billion, an influential industry blog reported.
Kinder Morgan's upsized IPO raises $2.86 billion
Pipeline company Kinder Morgan Inc sold more shares and priced them above the expected range, an underwriter said on Thursday, raising about $2.86 billion in the largest U.S. energy initial public offering since 1998.
Bernanke to testify on Dodd-Frank next week
Federal Reserve Chairman Ben Bernanke and other top U.S. regulators will appear before the Senate Banking Committee next week to discuss the implementation of the Dodd-Frank financial reform law, the committee announced on Thursday.
Ebay points to PayPal momentum, pledges innovation
EBay Inc expects revenue at its PayPal unit to double by 2013 as it sought on Thursday to cast itself as a reinvented company and an innovator at the center of e-commerce.
Ryan says tackling U.S. debt problem is moral challenge
Rep. Paul Ryan R-WI said on Thursday that reducing the U.S. national debt is a moral challenge.
China energy firms' gas acquisitions
PetroChina (0857.HK)(PTR.N) agreed to pay C$5.4 billion ($5.4 billion) for half of Encana's Cutbank Ridge shale gas project, marking the largest Chinese investment in a foreign gas asset.
U.S. group sets oil talks with China
A group of prominent business executives and national security figures will visit China next month as part of their drive to reduce U.S. dependence on oil.
Chipotle, Panera lead restaurant results
Chipotle Mexican Grill Inc and Panera Bread Co reported quarterly results that outshone their peers as many restaurants continue to struggle during a slow U.S. economic recovery.
Jan budget gap widens to near $50 billion: Treasury
The U.S. January budget deficit widened to $49.80 billion, the second-largest deficit on record for the month, underscoring the sea of U.S. government red ink, official data showed on Thursday.
Treasury intensely focused on China's yuan
The Treasury will remain intensely focused on correcting China's substantially undervalued yuan despite a decision not to name Beijing a currency manipulator, a senior Treasury official said on Thursday.
Facebook mulls $1 billion employee share sale: report
Facebook may let its employees sell up to $1 billion of their shares to institutional investors at a price that values the company at about $60 billion, an influential industry blog reported.
Lawmakers try again for China yuan bill
A bipartisan group of 101 lawmakers in the House of Representatives launched a new bid on Thursday to pass legislation aimed at pressuring China to let its yuan currency rise in value.
Apple working on smaller, cheaper iPhone: report
Apple Inc is working on a smaller and less expensive version of the iPhone, Bloomberg reported on Thursday, citing sources.
EBay says PayPal revenue will double by 2013
EBay Inc said it expects revenue at its PayPal unit to double by 2013 as it sought on Thursday to cast itself as a reinvented company and an innovator at the center of e-commerce.
China Currency Bill Introduced by Senators Snowe, Brown [FULL TEXT INCLUDED]
A bill that seeks to punish China’s undervalued currency with import tariffs was introduced on Thursday by Senators Olympian Snowe (R-Maine) and Sherrod Brown (D-Ohio).
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