October 15, 2018

Linde says FTC’s Commissioners looking into merger

Industrial gases maker Linde said on Monday it had completed work with the staff of the U.S. Federal Trade Commission (FTC) on remedies to secure approval […]
October 15, 2018

Stock futures drop as Saudi tensions add to growing worries

U.S. stock futures pointed to a lower open on Monday, mirroring global stocks, as growing tensions between Western powers and Saudi Arabia added to worries over […]
October 15, 2018

Carl Icahn boosts stake in Dell IPO standoff

Activist investor Carl Icahn reported an increased 8.3 percent stake in Dell tracking stock on Monday, as he looks to block a proposed plan by the […]
October 15, 2018

Bayer may outsource some drug research – works council

Bayer’s chief executive is considering farming out certain drug research activities to cut costs amid slower growth at its pharmaceuticals division, the German company’s works council […]
October 15, 2018

Bank of America profit beats estimates on cost cuts, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest rates and […]
October 15, 2018

Korean Air chief indicted on embezzlement, other charges: prosecutors

Korean Air Lines Co Ltd Chairman Cho Yang-ho was indicted on Monday on charges including embezzlement and breach of trust, South Korean prosecutors said, adding to […]
October 15, 2018

Prosecutors search Opel offices in Germany in diesel probe

German prosecutors were searching German sites of carmaker Opel, a division of PSA Group , in Ruesselsheim and Kaiserslautern on Monday as part of a probe […]
October 15, 2018

Sears, once a retail titan, files for Chapter 11 bankruptcy

Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday with a plan to close 142 more stores, throwing into doubt the future of the century-old […]
October 15, 2018

Novo Nordisk picks AstraZeneca executive to head biopharma business

Novo Nordisk has hired AstraZeneca’s head of cardiovascular and metabolic diseases to head its biopharma business, which has been struggling with declining sales and a failed […]
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