October 25, 2018

Exclusive: Chevron in talks to buy Brazilian oil company’s Texas refinery – sources

Chevron Corp has held talks to acquire Pasadena Refining System Inc (PRSI), a Texas oil refining unit of Brazilian state-run oil firm Petroleo Brasileiro SA , […]
October 25, 2018

Third Point sues Campbell Soup, accuses it of misleading investors

Activist investor Third Point LLC sued Campbell Soup Co on Thursday, alleging the soup and snack maker’s board misled investors about the competence of its directors […]
October 25, 2018

U.S. business spending on equipment cooling; goods trade deficit rises

U.S. business spending on equipment appeared to have remained slow in September and the goods trade deficit widened further as rising imports outpaced a rebound in […]
October 25, 2018

Vivendi’s Canal+ backs African TV dramas as European sales suffer

On a muddy side-street in Abidjan, Alex Ogou directs his cast of young locals in a TV drama about gangsters in Ivory Coast that French media […]
October 25, 2018

Strong results, bargain-hunting help Wall Street bounce back from rout

U.S. stocks gained on Thursday, as Microsoft’s strong earnings helped Nasdaq-listed companies stage a rebound from the tech-heavy index’s worst decline since 2011 in the previous […]
October 25, 2018

Merck, Bristol-Myers profits rise on cancer drug sales

Merck & Co Inc and Bristol-Myers Squibb Co posted better-than-expected third quarter profit and raised their 2018 earnings forecasts on Thursday due to strong demand for […]
October 25, 2018

Exclusive: Toshiba considers liquidating UK nuke unit NuGen as sale talks drag

Toshiba Corp is considering liquidating its British nuclear unit NuGen, two people with direct knowledge of the matter said on Thursday, leaving Britain to seek alternatives […]
October 25, 2018

Belgium picks Lockheed’s F-35 over Eurofighter on price

Belgium said on Thursday it had chosen Lockheed Martin’s F-35 stealth jets over the Eurofighter Typhoon to replace its aging F-16s in a 4 billion euro […]
October 25, 2018

Wall Street rises as technology stocks gain

U.S. stocks gained on Thursday, as strong corporate earnings, including from software company Microsoft and automaker Ford, helped ease nerves following a steep selloff in the […]
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