Danone bolsters China presence with $550 million baby milk deal

France's Danone (DANO.PA), battling local rivals for a larger share of China's booming baby milk market, has invested $550 million in formula maker Yashili International Holdings, further reducing its dependence on slow growth Europe.


Comcast spin-off to list on Nasdaq in 2015

Midwest Cable Inc, the cable company to be spun off from Comcast Corp (CMCSA.O) after it buys Time Warner Cable Inc (TWC.N), said it would list its Class A common stock on the Nasdaq under the symbol "GLCI" in 2015.

Dollar General extends tender offer for Family Dollar shares again

Dollar General Corp (DG.N) extended its tender offer for shares of Family Dollar Stores Inc (FDO.N) to Dec. 31, until after a shareholder vote that will decide the fate of a rival bid by Dollar Tree Inc (DLTR.O).

Exxon, Chevron results boosted by refining as oil prices slip

A surge in refining profits boosted quarterly results at Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), helping to offset declining oil and gas production and falling crude oil prices.


Latest News

Twitter Inc has sidelined the product chief it recently poached from rival Google Inc, in the latest executive reshuffle at the online messaging service, according to a source familiar with the situation.
GoPro Inc (GPRO.O) forecast better-than-expected holiday quarter sales, underscoring the increasing popularity of its wearable cameras among surfers, skydivers and other action junkies.
The world's biggest TV makers, Samsung Electronics Co Ltd and LG Electronics Inc, are turning to quantum dot technology for their next-generation TVs as it could still be years before OLED is affordable for the mass market.
Google Inc said on Thursday that Andy Rubin, co-founder of its Android mobile business and head of its nascent robotics effort is leaving the company.
General Electric Co is planning to divest stakes in its joint venture auto-financing and credit card businesses in South Korea, people familiar with the matter told Reuters, as the U.S. conglomerate continues to trim its exposure to the financial services sector.
Corporate networking site LinkedIn Corp (LNKD.N) reported better-than-expected quarterly profit and revenue as more businesses used its services to hire staff.
Automakers in Brazil are facing the sharpest slowdown since 1999 and it could be a year or more before things turn the corner.
With just five months left before Governor Haruhiko Kuroda's self-imposed deadline for banishing deflation, the Bank of Japan is preparing for failure, and the first casualty could be its facade of board unity.
Japan's Fujifilm Holdings Corp said it was difficult to estimate the profitability of its influenza drug Avigan, which has been earmarked to fight Ebola, given the uncertainty over the spread of virus, a company executive said on Thursday.
A group of funds that threw a monkey wrench in Bank of America Corp's (BAC.N) proposed $8.5 billion settlement with investors in mortgage-backed securities will object to JPMorgan Chase & Co's $4.5 billion offer to settle claims over similar investments, according to the lawyer that represents them.