Business News

UPDATE 1-Australia's Northern Star to buy 50% stake in KCGM for $800 mln

Reuters Company News - Mon, 12/16/2019 - 18:56
Gold miner Northern Star Resources Ltd said on Tuesday it had entered into an agreement with the Australian unit of Newmont Gold Corp to buy a 50% stake in Kalgoorlie Consolidated Gold Mines (KCGM) for $800 million.
Categories: Business News

Wall Street sets records anew on trade deal boost

Reuters Biz News - Mon, 12/16/2019 - 18:54
Wall Street stocks notched record closing highs on Monday as cooling trade tensions between Washington and Beijing and upbeat economic data from China boosted investor sentiment.
Categories: Business News

Australian regulator investigates Westpac directors, executives after scandal

Reuters Biz News - Mon, 12/16/2019 - 18:50
Australia's banking regulator will use its increased investigative powers for the first time to examine whether Westpac Banking Corp directors and executives broke the law as part of the bank's money laundering scandal.
Categories: Business News

U.S. approves Roche's $4.3 billion purchase of Spark Therapeutics

Reuters Biz News - Mon, 12/16/2019 - 18:45
Swiss drugmaker Roche has won U.S. antitrust approval for its $4.3 billion deal to buy gene therapy specialist Spark Therapeutics clearing the way for Roche's push into treating rare diseases including hemophilia A.
Categories: Business News

UPDATE 2-U.S. approves Roche's $4.3 billion purchase of Spark Therapeutics

Reuters Company News - Mon, 12/16/2019 - 18:42
Swiss drugmaker Roche has won U.S. antitrust approval for its $4.3 billion deal to buy gene therapy specialist Spark Therapeutics clearing the way for Roche's push into treating rare diseases including hemophilia A.
Categories: Business News

FDA approves expanded label for Pfizer, Astellas' prostate cancer Xtandi

Reuters Company News - Mon, 12/16/2019 - 18:40
The U.S. Food and Drug Administration has approved Pfizer Inc and Astellas Pharma Inc's Xtandi to treat patients with a type of prostate cancer, the companies said on Monday.
Categories: Business News

Mexico, U.S. seek to dispel tension over labor tweak to trade deal

Reuters Biz News - Mon, 12/16/2019 - 18:39
The U.S. and Mexican governments on Monday sought to defuse a controversy over Washington's plan to monitor Mexican labor standards under a new regional trade deal, with Mexico saying it was satisfied by U.S. assurances it was not sending inspectors.
Categories: Business News

Hollywood celebrates a closing 'Star Wars' chapter at world premiere

Reuters Company News - Mon, 12/16/2019 - 18:32
Colorful droids and armor-clad stormtroopers were expected to rub shoulders with Hollywood VIPs on Monday at the world premiere of "Star Wars: The Rise of Skywalker," the ninth and final movie episode in the story of the celebrated Jedi master.
Categories: Business News

UPDATE 2-Court told Ottawa listened half-heartedly to indigenous people's pipeline concerns

Reuters Company News - Mon, 12/16/2019 - 18:20
The Canadian government was accused on Monday of merely going through the motions of consulting indigenous people about its expansion of the Trans Mountain oil pipeline at a court hearing to determine the future of the politically charged project.
Categories: Business News

CORRECTED-BRIEF-Hubert Joly Reports Open Market Purchase Of 5,000 Common Shares of J&J At $141.3/Share

Reuters Company News - Mon, 12/16/2019 - 18:16
* J&J DIRECTOR HUBERT JOLY REPORTS OPEN MARKET PURCHASE OF 5,000 CO'S COMMON SHARES ON DEC 13 AT $141.2798/SHARE - SEC FILING Source (https://bit.ly/2M0tLQc) Further company coverage:
Categories: Business News

Australia's Northern Star to buy 50% stake in KCGM for $800 mln

Reuters Company News - Mon, 12/16/2019 - 18:14
Gold miner Northern Star Resources Ltd said on Tuesday it had entered into an agreement with Australian unit of Newmont Gold Corp to buy 50% stake in Kalgoorlie Consolidated Gold Mines (KCGM) for $800 million.
Categories: Business News

Factbox: Key steps for Boeing to get 737 MAX cleared to fly - FAA

Reuters Biz News - Mon, 12/16/2019 - 18:13
Boeing Co said on Monday it will halt 737 commercial production in January as the grounding of its best-selling MAX following two fatal crashes within five months looks set to last well into next year.
Categories: Business News

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