Business

European Commission concerned over Merck and Sigma-Aldrich merger

European Commission concerned over Merck and Sigma-Aldrich merger

GE's $1.65 billion deal with LM Wind Power and Merck's $17 billion merger with Sigma-Aldrich are in question. Meanwhile, Canon went through with a takeover of Toshiba Medical Systems before getting the EU's OK. "Honeywell now has the technology it should have received with the divested business". The Commission said: "Merck has in the meantime agreed to license the technology to Honeywell".


Strong, shallow quake shakes central Philippines

Strong, shallow quake shakes central Philippines

Villalobos said the natural disaster was felt at the strongest intensity of 5 in the nearby cities of Tacloban, Palo and Cebu. Mayor Richard Gomez of Ormoc city, about 30km from Kananga, told DZMM that a landslide hit a house and killed a young woman.


Rangers tax case to have 'dramatic' consequences for football and business

Rangers tax case to have 'dramatic' consequences for football and business

Lord Hodge and four fellow judges agreed with HMRC's contention that any payments made through EBTs should be considered taxable income rather than loans. Social media has reacted to the news that Rangers FC broke United Kingdom tax laws by using Employee Benefit Trusts to pay players and staff. "Employers that have used EBTs to remunerate their employees and who have not settled their case with HMRC should seek advice on how this decision impacts them", added Noble.


US Trade Deficit Narrows As Exports Rise And Imports Fall

US Trade Deficit Narrows As Exports Rise And Imports Fall

The deficit in goods with China fell by 6.2 percent to a seasonally adjusted $30.1 billion. There was notable strength in metal and non-metallic metal products for the month with further gains for the motor vehicles sector and overall exports excluding energy increased 3.6% on the month.


Let's Get Complex With Barrick Gold Corporation (ABX) And Sabre Corporation (SABR)

Let's Get Complex With Barrick Gold Corporation (ABX) And Sabre Corporation (SABR)

Scotiabank restated a "sector perform" rating and issued a C$30.00 price target on shares of Barrick Gold Corp in a research report on Tuesday, April 25th. The ex-dividend date of this dividend was Friday, May 26th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.75%. Barrick Gold Corporation's dividend payout ratio is now 9.92%.


Fed weighing when to start selling off trillions in bonds

Fed weighing when to start selling off trillions in bonds

For now investors seem to be giving policy makers the benefit of the doubt that the global economy can take any tightening of monetary policy , although the latest data on Wednesday was mixed - strong in Europe and weaker in China. "U.S. hi-tech shares have been getting a bit unstable of late and we had an ICBM during USA market holiday (on Tuesday)". The main sticking point: Uncertainty over whether the recent drop in inflation is temporary, or a real problem.