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Nestle revamp advances with $10 billion sale of skin health unit to buyout funds

3 days ago DieselGasoil Comments Off on Nestle revamp advances with $10 billion sale of skin health unit to buyout funds
ZURICH/FRANKFURT (Reuters) – Nestle has entered exclusive talks to sell its skin Health business to a consortium led by EQT Partners for 10.2 billion Swiss francs ($10.12 billion), as the food group shifts its portfolio in response to changing consumer demands. FILE PHOTO: A logo is pictured during the 152nd Annual General Meeting of Nestle Read More

Neuberger urges Verint investors to back its board nominees

6 days ago DieselGasoil Comments Off on Neuberger urges Verint investors to back its board nominees
(Reuters) – Asset manager Neuberger Berman on Monday urged shareholders of Verint Systems to vote for its three director nominees and asked the data analytics company to detail its cloud strategy. Verint should also disclose segment-level financials for its customer engagement (CES) and cyber intelligence solutions (CIS) units so that investors can value each of Read More

Seeds of conflict: How US companies became the enemies of traditional Indian agriculture

1 week ago DieselGasoil Comments Off on Seeds of conflict: How US companies became the enemies of traditional Indian agriculture
India’s vast market has been lusted after by US corporations for years. Agricultural giants cultivate their own rules on this land of ancient farming traditions. However, India is a hard nut for the likes of Monsanto to crack. Potato dispute Most recently, snack giant PepsiCo has drawn the ire of the Indian farmers’ unions and Read More

SoftBank Group shares tumble as Uber prices IPO at lower end

1 week ago DieselGasoil Comments Off on SoftBank Group shares tumble as Uber prices IPO at lower end
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Shares in Japanese conglomerate SoftBank Group Corp tumbled 5.5% on Friday, a day after one of its biggest tech bets, Uber Technologies, priced its initial public offering at Read More

Wall St. dips as investors await outcome of U.S.-China trade talks

1 week ago DieselGasoil Comments Off on Wall St. dips as investors await outcome of U.S.-China trade talks
NEW YORK (Reuters) – Wall Street’s main indexes fell on Thursday ahead of critical trade negotiations between the United States and China, though they pared losses significantly after U.S. President Donald Trump said reaching a deal this week was possible. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More

Wall St. drops as investors await outcome of U.S.-China trade talks

1 week ago DieselGasoil Comments Off on Wall St. drops as investors await outcome of U.S.-China trade talks
NEW YORK (Reuters) – Wall Street’s main indexes fell on Thursday ahead of critical trade negotiations between the United States and China, though they pared losses significantly after U.S. President Donald Trump said reaching a deal this week was possible. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More

Wall Street tumbles as investors shun risk ahead of critical trade talks

1 week ago DieselGasoil Comments Off on Wall Street tumbles as investors shun risk ahead of critical trade talks
(Reuters) – Wall Street fell more than 1 percent on Thursday, as tensions heated up ahead of a make-or-break U.S.-China trade meeting, which could lead to a prolonged dispute that would threaten global financial markets and economic growth. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May Read More

Wall Street slides on rising tensions ahead of pivotal trade talks

1 week ago DieselGasoil Comments Off on Wall Street slides on rising tensions ahead of pivotal trade talks
(Reuters) – U.S. stocks tumbled on Thursday, with focus on a high-stakes meeting between the United States and China that could decide the fate of a long-awaited trade deal, even as additional tariffs on Chinese goods loomed. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 8, Read More

Wall Street to open lower as tensions escalate ahead of trade talks

1 week ago DieselGasoil Comments Off on Wall Street to open lower as tensions escalate ahead of trade talks
(Reuters) – Wall Street was set to open lower on Thursday, with focus on a high-stakes meeting between the United States and China that could decide the fate of a long-awaited trade deal, even as additional tariffs on Chinese goods loomed. Traders work on the floor at the New York Stock Exchange (NYSE) in New Read More