Trumps host Australian prime minister for rare state dinner in Rose Garden

President Donald Trump and first lady Melania Trump welcome Australian Prime Minister Scott Morrison and his wife Jenny Morrison during for a State Dinner at the White House, Friday, Sept. 20, 2019, Washington. (AP Photo/Evan Vucci) President Trump, Australian Prime Minister Scott Morrison and guests dined on Dover sole and summer squash as U.S. military bands fill the air with […]

Read more

U.S. housing starts, building permits race to 12-year high

WASHINGTON (Reuters) – U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction accelerated, suggesting that lower mortgage rates were finally providing a boost to the struggling housing market. The report from the Commerce Department on Wednesday also showed permits for future home construction rose to levels last seen in 2007. Housing […]

Read more

Dream Global REIT to be bought by Blackstone funds in $4.7 billion deal

(Reuters) – Dream Global Real Estate Investment Trust (DRG_u.TO) said on Sunday it is to be bought by funds managed by Blackstone Group Inc (BX.N) in a C$6.2 billion ($4.69 billion) deal. Blackstone will pay C$16.79 in cash for each Dream Global unit to acquire all of the office and industrial property manager’s subsidiaries and assets, according to a statement […]

Read more

Cramer calls AT&T the 'most Republican of any publicly traded company'

However, CNBC's Jim Cramer suggests that past support of GOP policies does not seem to outweigh President Trump's hatred of AT&T-owned CNN. Hours after Elliott Management revealed a $3.2 billion stake in AT&T, Trump tweeted a dig at the news network. AT&T is the "most Republican of any publicly traded company," CNBC's Jim Cramer said Monday. However, Cramer suggested that […]

Read more

Exclusive: Exxon agrees $4 billion sale of Norway oil and gas assets – sources

LONDON/ ABERDEEN, Scotland (Reuters) – Exxon Mobil (XOM.N) has agreed to sell its Norwegian oil and gas assets for up to $4 billion, marking the U.S. firm’s exit from production in the country after more than a century, three sources familiar with the matter said on Thursday. Exxon said in June it was looking to sell its Norwegian upstream portfolio, […]

Read more

Just Eat shareholder Eminence Capital to vote against Takeaway.com merger

LONDON (Reuters) – A top-10 investor in Just Eat (JE.L) said on Tuesday it would vote against the British food delivery company’s proposed 9 billion pound ($11 billion) merger with Takeaway.com (TKWY.AS). Eminence Capital, a U.S. asset management firm which owns 4.4% of Just Eat, said the financial terms of the deal were “grossly inadequate to Just Eat shareholders despite […]

Read more

Philip Morris and Altria in merger talks as Marlboro fades and e-cigs light up

(Reuters) – Marlboro maker Philip Morris International Inc (PM.N) said on Tuesday it was in talks to reunite in a merger with Altria Group Inc (MO.N) following its 2008 spin-off, as the tobacco giants seek to pool resources in the fast growing e-cigarette market. The merger between the two companies, the biggest ever in the consumer sector and the fourth-largest […]

Read more

Volkswagen says it is not interested in buying a Tesla stake

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) on Thursday denied a media report which suggested that the German carmaker was interested in buying a stake in United States electric car manufacturer Tesla. “The speculation about buying a stake in Tesla made by Manager Magazin is without merit,” a Volkswagen spokesman said in a written statement to Reuters. Source: Read Full Article

Read more

Uniper workers urge Fortum to spell out future plans to allay downgrade fears

DUESSELDORF, Germany (Reuters) – Labor representatives at Uniper (UN01.DE), fearing a ratings downgrade in the event of a full takeover of the German energy group, have called on major shareholder Fortum (FORTUM.HE) to lay out plans for future cooperation between the two companies. It is the latest attempt to break a deadlock in Uniper and Fortum’s long-running talks over their […]

Read more
1 2 3 25