Regions

Dow Chemical Co

Dow Chemical to sell most chlorine assets in $5 billion deal

Dow Chemical Co (DOW.N) will separate a portion of its century-old chlorine business and sell it to Olin Corp (OLN.N) in a tax-efficient deal worth $5 billion as part of efforts to shed low-margin assets.

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America Movil

America Movil may not face tougher regulation without asset sale: regulator

Mexico's telecom regulator will not necessarily impose tougher rules against billionaire Carlos Slim's America Movil if it does not go ahead with a plan to sell off assets, the head of the regulatory agency said in an interview on Friday.

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Italian Prime Minister Matteo Renzi

Thousands march through Rome against Renzi's labor reform

Tens of thousands of workers marched through the center of Rome on Saturday against Prime Minister Matteo Renzi's reform of the labor market, headed by a popular union chief who is seen by many as a possible future leader of Italy's left.

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Power Grid

Creditors offer Puerto Rico's troubled utility $2 bln financing - sources

Creditors of Puerto Rico's power authority, PREPA, have offered it $2 billion in financing, including $1.2 billion to fund a new natural gas operation, in exchange for assurances that it would repay its debt, two people close to the matter told Reuters on Saturday.

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Best Buy

Best Buy warns of profit hit as it consolidates Canadian stores

Best Buy Co Inc (BBY.N) plans to close some stores and consolidate its operations in Canada, the U.S. electronics retailer's second-largest market, in a move that will hurt earnings this year, the company said on Saturday.

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Engine factory

Peugeot French production increase earns presidential visit

PSA Peugeot Citroen (PEUP.PA) said on Friday it had chosen a French factory over a rival Spanish plant to expand engine production, prompting a visit by President Francois Hollande to highlight a bright spot in France's gloomy labor market.

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Toyota

In among the robots, veteran Toyota staffer says manual labor is key to success

In a corner of Toyota's oldest factory, the Japanese carmaker's longest-serving employee preaches the benefits of craftsmanship, saying manual labor is the key to success in a highly automated automotive industry.

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Gas station

California motorists hit the road again: Kemp

California's gasoline sales are rising at some of the fastest rates for a decade, as an improving economy and lower fuel prices encourage more driving, according to state tax records.

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Goldman Sachs

Goldman climbs to top commodity bank ranking over JP Morgan LONDON

Goldman Sachs became the top commodities bank last year, overtaking rival JP Morgan, a consultancy said on Friday.

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Trafigura Invests for 24% Stake in Nagarguna Oil Corp.'s Tamil Nadu Planned Refinery

Trading house Trafigura wins huge chunk of Rosneft oil supply

Trafigura [TRAFGF.UL] is emerging as the new king of Russian oil trading, expanding its deal with sanctions-hit Rosneft to export $500 million worth of crude in April from the Baltic, the Mediterranean and Pacific ports, market sources said.

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London's Globe theatre

Shakespeare's Globe theaters sets stage for new funding for culture

William Shakespeare's Globe theaters is taking on a new role as a financial trail-blazer by seeking to tap into a form of funding dominated to date by social enterprises and charities.

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Traders

Stocks likely to drift as investors await Fed, earnings

Wall Street investors may find little reason to make big moves next week as they await monthly U.S. jobs data and any news that could change expectations for the first interest rate hike in almost a decade.

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Chinese President Xi Jinping

President Xi says China should not focus on growth rate only

Chinese President Xi Jinping said on Saturday that the country should not focus on its economic growth rate only, reiterating China's push for a more sustainable, higher-quality expansion.

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Mercedes-Benz

Mercedes to launch a pickup truck outside the United States

German carmaker Mercedes-Benz plans to launch a mid-sized pickup truck, expanding its premium brand into a lower-priced bracket in a bid to narrow the sales gap with arch rival BMW (BMWG.DE).

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Mark Fields

Ford CEO Fields received $18.6 million in 2014 compensation

Ford Motor Co (F.N) Chief Executive Officer Mark Fields made $18.6 million in salary and other compensation last year, below the $23.2 million that predecessor Alan Mulally received in 2013, the company said on Friday.

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