Putin praises Trump, says U.S. spies may have faked hacking evidence President Vladimir Putin said on Friday that Donald Trump had run a better presidential campaign than Hillary Clinton and that U.S. intelligence agencies could have easily faked what he said was false evidence that Russia had hacked the Democratic […]
United States
Herbalife raises profit forecast, tops key FTC threshold Nutritional supplement maker Herbalife Ltd (HLF.N) on Sunday raised its current-quarter adjusted profit forecast and said it exceeded a key threshold under its agreement with the U.S. Federal Trade Commission. Herbalife now expects adjusted profit of 95 cents-$1.15 in the second quarter […]
Goldman, Nomura heeded warnings before Venezuela bond deal In early May, Goldman Sachs (GS.N) turned down a request from Caracas to convert $5 billion in sovereign bonds into marketable securities partly because it would mean dealing directly with a Venezuelan state bank, according to people familiar with the talks. The […]
Coke, Cargill enter fray as sugar dispute threatens Mexico trade Soda giant Coca-Cola Co and major corn syrup makers have joined the political battle against the U.S. sugar industry in recent weeks, as the deadline to hammer out a years-long trade dispute with Mexico nears. Representatives from Coca-Cola (KO.N), corn […]
BHP CEO says he has not met with Elliott since Barcelona BHP Billiton Chief Executive Andrew Mackenzie said on Monday he has not met with activist hedge fund Elliott Management since their talks in Barcelona last month and declined to comment on whether another meeting was scheduled. Elliott, a New […]
Foxconn says Apple, Amazon to join its bid for Toshiba chip business Apple Inc (AAPL.O) and Amazon.com Inc will join Foxconn's (2317.TW) bid for Toshiba Corp's (6502.T) semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday. The two U.S. technology giants plan to "chip […]
Fresh safety concerns hang over global airlines conference A deadly attack in London and debate over travel restrictions in the United States put safety concerns high on the agenda as global airline executives gathered on Sunday for the industry's largest meeting of the year. Alexandre de Juniac, director general of […]
GM shareholders to decide on Greenlight stock plan, board challenge Greenlight Capital's plan to split up General Motors Co's (GM.N) stock, as well as its challenge to the company's board of directors, will come to a head on Tuesday, as the U.S. automaker's shareholders cast their votes on the hedge […]
Dollar Express sues Dollar Tree for driving it out of business U.S. discount retailer Dollar Express has filed a lawsuit accusing rival Family Dollar and its parent company Dollar Tree Inc (DLTR.O) of driving it out of business, the third government-required divestiture to fail in recent years. Dollar Express was […]
U.S. job growth slows unemployment rate drops to 4.3 percent U.S. job growth slowed in May and employment gains in the prior two months were not as strong as previously reported, suggesting the labor market was losing momentum despite the unemployment rate falling to a 16-year low of 4.3 percent. Nonfarm […]
