(Reuters) – The bond investing firm Pacific Investment Management Co on Monday named two former central bank chiefs and a former British prime minister to sit on a new board to advise on economic, political and strategic developments.
(This December 2 story was corrected to change Morgan Stanley’s North American ranking from No. 2 to No. 3)
(Reuters) – Verizon Communications Inc’s chief financial officer Fran Shammo, said the No. 1 U.S. wireless carrier could look at buying Yahoo Inc’s core business, which includes Mail, its news and sports sites and advertising technology, if it is a goo…
(Reuters) – Netflix Inc will focus on developing its own content next year and nearly double the number of original shows to 31 from 16, Chief Content Officer Ted Sarandos said on Monday.
(Reuters) – Viacom Inc Chief Executive Philippe Dauman said he speaks with Executive Chairman Sumner Redstone several times a week and that the 92-year-old media mogul is in charge of his own healthcare.
PARIS (Reuters) – Airbus orders topped 1,000 aircraft between January and November, sending its shares higher as it looked all but certain to win its annual race against U.S. rival Boeing .
MOSCOW (Reuters) – U.S. carmaker Ford’s Russian unit is considering expanding exports as weak sales in its home market look set to continue for another year at least, its chief executive told Reuters.
FRANKFURT (Reuters) – Deutsche Bank has launched a computerized investment advisory service, seeking to keep up with other asset managers who have started introducing “robo advisers” to help certain clients create portfolios inexpensively.
HAVANA (Reuters) – Cuba is near a deal with 15 rich creditor nations of the Paris Club to restructure $16 billion in debt stemming from a 1986 default, with creditors expected to forgive most of the amount owed, diplomats close to the talks said.
BERLIN (Reuters) – International Monetary Fund chief Christine Lagarde called on Monday for tax reforms to be included in a global climate deal to raise incentives for consumers to reduce their energy consumption and to boost demand for cleaner fuels.
(Reuters) – Europe’s JAB Holding Co is leading a $13.9 billion buyout of Keurig Green Mountain Inc in a deal that would give it 60 percent control of North America’s single-serve coffee market and advance its ambitions to build a global coffee powerhou…
WASHINGTON (Reuters) – U.S. Democratic presidential candidate Hillary Clinton will announce a planned crackdown on corporations that shift profits overseas, including a new “exit tax” against so-called inversion deals, her campaign said on Monday.
FRANKFURT (Reuters) – NXP has completed its nearly $12 billion deal to buy Freescale, doubling the proportion of auto-related revenue to 40 percent to create the world’s top maker of automotive electronics, it said on Monday. Faltering demand in comput…