Syngenta rejects $45 billion takeover offer from rival Monsanto
Agrochemical giant Syngenta AG announced that it rejected a 41.7 billion Swiss-franc ($45 billion) takeover offer from rival Monsanto Co.
Syngenta said that the deal undervalued...
EU wants to unify the European digital sector
The European Union unveiled plans to unify the European digital sector and crack down on possible abuses by dominant U.S. tech companies in an...
HSBC reports first-quarter profit of $7.1 billion
HSBC announced that first-quarter profit rose by 4.4 percent to $7.1 billion, beating analysts’ expectations.
Europe’s largest bank, which is considering moving its base outside...
US factory orders increased in March, first rise in eight months
US factory orders increased in March after seven consecutive months of declines, according to the US Commerce Department.
The rebound was boosted by demand for...
Euro zone sentiment slides in May, but investors positive
Euro zone sentiment slid slightly in May, according to the Sentix research group's index that tracks morale, from 20.0 in April to 19.6 in...
UK consumer borrowing surged by £1.2 billion
Between February and March consumer borrowing in the UK increased by £1.2 billion.
According to figures from the Bank of England, this is the largest increase...
Berkshire Hathaway posts 10 percent increase in first-quarter profit
Berkshire Hathaway Inc posted a 10 percent increase in profit for the first-quarter of 2015, driven by solid performance in its insurance and railroad...
RBS has posted £50 billion in losses since 2008 bailout
Since RBS was bailed out by taxpayers in 2008 the company has posted £50 billion in losses. A bailout is the act of rescuing...
DreamWorks posts bigger than expected first-quarter loss
DreamWorks Animation SKG Inc posted a bigger than expected first-quarter loss on Thursday because of restructuring charges as the studio continues to downsize.
The company’s...
RBS reports first quarter net loss of £446 million
Royal Bank of Scotland (RBS) posted a net loss of £446 million in the first quarter of 2015 because of legal and restructuring costs,...