February 25, 2019

Bank of America drops ‘Merrill Lynch’ name in rebranding effort

Bank of America Corp is dropping the “Merrill Lynch” name from most of its businesses, including its investment bank unit, phasing out a name with a […]
February 25, 2019

Nestle hires Rothschild to run Herta sale: sources

Packaged food giant Nestle has hired bankers at Rothschild to sell its Herta packaged meat business, two sources familiar with the matter told Reuters on Monday. […]
February 25, 2019

Barrick makes $18 billion hostile bid for Newmont in gold mega-merger

Canada’s Barrick Gold Corp offered to buy U.S. rival Newmont Mining Corp for nearly $18 billion in stock on Monday in a hostile takeover that seeks […]
February 25, 2019

Barrick CEO: Newmont deal ‘logical’ for shareholders of both companies

Barrick Gold Corp’s $18 billion hostile bid for rival Newmont Mining Corp is a “logical” tie-up that would generate value for shareholders of both companies and […]
February 25, 2019

Oil slumps 3 percent after Trump again criticizes OPEC

Oil futures tumbled 3 percent on Monday after U.S. President Donald Trump called for OPEC to “relax and take it easy” on boosting crude prices, which […]
February 25, 2019

Warren Buffett says Berkshire overpaid for Kraft Heinz

Warren Buffett said on Monday that his Berkshire Hathaway Inc overpaid in the 2015 merger that created Kraft Heinz Co, but he had no plans to […]
February 25, 2019

Wall St. opens higher after Trump delays tariff deadline

U.S. stocks opened higher on Monday, led by industrial and technology shares, fueled by hopes of a trade resolution between the United States and China after […]
February 25, 2019

China shares surge as Trump offers tariff respite

A surge in Shanghai shares led Asia higher on Monday after U.S. President Donald Trump confirmed he would delay a planned hike in tariffs on Chinese […]
February 25, 2019

Sony revitalizes smartphone franchise with movie-ratio screens

Sony, the Japanese company that has fallen way behind its Korean and Chinese rivals in the smartphone sales race, is aiming to capitalize on its movie […]
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