IBT Staff Reporter

119611-119640 (out of 154943)

Goldman in talks to buy Geely bonds: sources

An investment arm of Goldman Sachs is in talks with Chinese car maker Geely Automotive, which has been linked with both Volvo and Opel, to buy about $250 million of the company's convertible bonds and warrants, two sources said.

Vivendi silent on NBCU stake sale report

Vivendi declined to say on Monday what it planned to do with its 20 percent holding in U.S. media and entertainment group NBC Universal amid mounting speculation that it could decide to unload the stake this year.

Biogen launches hostile bid for Facet

Biogen Idec Inc launched a hostile bid for all shares of Facet Biotech Corp on Monday for $14.50 per share, two weeks after Facet rejected its previous proposal.

Wall Street drops as resources shares, CAT weigh

U.S. stocks fell on Monday as a resurgent U.S. dollar took a toll on commodity prices and investors paused to gauge if the outlook for corporate profits justified the market's recent run to 11-month highs.

U.S. extends tax amnesty deadline to Oct 15: report

U.S. tax authorities will extend a limited amnesty program for U.S. taxpayers who have undeclared income on foreign accounts to October 15 from September 23, The Wall Street Journal said on Monday, citing unnamed government officials.

Lennar touts signs of recovery as loss widens

Lennar Corp , the No. 3 U.S. homebuilder, reported a larger quarterly loss on Monday, as it wrote down the value of land and other assets to deal with the recession, but it pointed out signs of real estate market recovery.

New blood tests promise simple cancer detection

Two new blood tests could help doctors detect colon and stomach cancers simply, cheaply and early without the need for invasive procedures or unpleasant examinations, researchers said on Monday.

Daimler keeps Mercedes-Benz Cars margin target -CEO

Daimler's (DAIGn.DE) chief executive is sticking to the company's long-term EBIT profit margin target of 10 percent for its Mercedes-Benz Cars division but is unclear when the company will reach it, he was quoted as saying in a newspaper interview on Sunday.

Mosquito-borne African virus a new threat to West

The United States and Europe face a new health threat from a mosquito-borne disease far more unpleasant than the West Nile virus that swept into North America a decade ago, a U.S. expert said on Friday.

European companies ahead of U.S. on carbon disclosure

European companies outnumbered North American companies on a list of how well global corporations were disclosing their emissions of greenhouse gasses and plans to guard themselves against financial risks associated with climate change, a survey showed on Monday.

VW's Audi to reach China sales target early

Volkswagen's (VOWG.DE) premium unit Audi (NSUG.DE) expects to reach its unit sales target for China two years earlier than previously planned, Audi's head of sales told industry publication Automobilwoche.

Russia general says missile plan not shelved

Russia's top general said on Monday that plans to deploy missiles in an enclave next to Poland had not been shelved, despite a decision by the United States to rethink plans for missile defense in Europe.

EU details evidence to back Intel antitrust fine

Antitrust regulators on Monday detailed evidence from Intel clients that led to the European Commission's record 1.06 billion euro ($1.6 billion) fine on the U.S. chip giant for illegally shutting out rival AMD.

S&P 500 futures drop further

S&P 500 stock index futures sank further on Monday and global equity markets declined as investors reassessed stock valuations following a six-month run-up.

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