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Chiquita board rejects Cutrale-Safra offer, may weigh improved bid

The board of Chiquita Brands International Inc (CQB.N) on Thursday said a takeover bid by Brazilian juice maker Grupo Cutrale and investment firm Safra Group was "inadequate," and again recommended shareholders back a tie-up with Irish rival Fyffes Plc (FFY.I).


Japan to roll out aerospace hope with first commercial jet in half a century

Mitsubishi Aircraft will roll out Japan's first commercial jet in more than 50 years on Saturday, amid doubts its ambition to sell more than 2,000 of the planes can match reality in the market segment.

China to punish carmakers who fail to meet fuel targets in 2015

China said on Thursday it would punish carmakers by restricting their production and publicly naming them if they fail to meet fuel consumption requirements on passenger vehicles set for 2015.

Investors search for signs of end to stock market correction

Measuring the point at which investors have exhausted their selling in a market downturn is an inexact science at best, and at its worst akin to sticking a finger in the air to judge shifting winds.


Latest News

World stocks hit a nine-month low on Friday but oil and southern European bonds were off their week's worst levels, as investors began to dust themselves off after one of the most volatile spells in world markets in years.
Brooklyn Nets News regarding All-Star Center Brook Lopez who will miss 10-14 days because of a foot injury.
A&E officially cancelled hit crime drama series 'Longmire' because it fails to bring advertisers to the program with its 'older viewers.' Disgruntled fans demand that the show be back or they will boycott the network.
Keke Palmer is reported to be another victim of hacked celebrity photos. Meanwhile, Snapchats of celebrities and ordinary individuals are allegedly also being released. Latest victim, George Sampson of "Britain's Got Talent," is a victim alongside Matt Smith of "Doctor Who."
2014 has been a tumultuous year so far for South Korean superstars, 2ne1. Minzy has made news due to her omitting '2ne1' from her social media accounts, while group leader, CL, is set to launch her own solo career in the United States in 2015. In addition, YG Entertainment, the group's label, is set to debut a brand new girl group - a first since 2ne1's debut in 2009.
Just six weeks into his job, Tesco (TSCO.L) boss Dave Lewis must look at selling assets in Britain and abroad as he battles to raise funds to pull the world's No.3 grocer out of the deepest crisis in its 95-year history.
Loss-making budget airline Virgin Australia Holdings Ltd (VAH.AX) will buy full control of its ailing 60 percent-owned Tiger Australia Airways business for just A$1, signaling plans to cut a bloated fleet that has hobbled turnaround efforts.
Food distributor Sysco Corp (SYY.N), fighting to complete a merger with US Foods Inc [USFOO.UL], is attempting to craft a package of potential asset sales weighty enough to convince U.S. antitrust regulators to approve the deal.
Goldman Sachs Group (GS.N) is in discussions to acquire IndexIQ, a Rye Brook, New York-based exchange-traded fund provider, according to three sources familiar with the situation.
The embattled U.S. Export-Import Bank on Thursday said it authorized $1.7 billion in financing to support U.S. exports of helicopters, business jets and agricultural aircraft since fiscal 2012, aiding a sector hit hard by the 2008 financial crisis.