BlackRock second-quarter profit misses estimates
BlackRock Inc , the world’s largest asset manager, missed analysts’ estimates for quarterly profit on Friday, as investment advisory and securities lending revenue fell and...
PepsiCo to buy South Africa’s Pioneer Food for $1.7 billion
PepsiCo has struck a deal to buy South Africa’s Pioneer Food Group for $1.7 billion, the companies said on Friday, lifting Pioneer’s shares and boosting...
As ‘superstar’ cities thrive, poorer ones get left behind
In the depths of the financial crisis, when the world was shunning debt and battening down for the worst, city officials here zagged in what...
BlackRock second-quarter profit falls 6.5%
BlackRock Inc , the world’s largest asset manager, on Friday reported a 6.5% drop in second-quarter profit, as investment advisory and securities lending revenue fell...
As ‘superstar’ cities keep winning, worrisome U.S. divide widens
In the depths of the financial crisis, when the world was shunning debt and battening down for the worst, city officials here zagged in what...
Syngenta CFO says it faces no glyphosate lawsuits
Chinese-owned agricultural chemical maker Syngenta has not been named in litigation involving weed-killer ingredient glyphosate that has hit German rival Bayer , the Swiss-based company’s...
Bayer welcomes judge’s call for reduced damages in $2 billion glyphosate case
Germany’s Bayer AG welcomed on Friday a call by a U.S. judge to cut a $2 billion damages award to a Californian couple by a...
Fed rate cut bets lift stocks, dollar steadies
Global stocks rose on Friday as investors firmed up bets on a U.S. interest rate cut at the end of July after a speech by...
Oyo founder to buy back $2 billion worth stake in SoftBank-backed Indian co
Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a move that will bring his...
Bayer welcomes judge’s call for damages to be cut in $2 billion glyphosate case
Germany’s Bayer AG on Friday welcomed a conditional ruling by a U.S. judge calling for the reduction of a $2 billion damages award to a...