Business
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Workers at Boeing’s South Carolina plant reject union
Feb 16, 2017News Hour: Boeing Co (BA.N) handily defeated a union drive by workers at the company’s aircraft factory in South Carolina on Wednesday, as almost three-quarters of workers at the plant who voted rejected union representation. The... -
Pepsi blames global macro concerns for weak outlook
Feb 15, 2017News Hour: PepsiCo Inc forecast 2017 adjusted earnings below analysts’ estimates, citing weakness in its international markets, particularly in developing regions such as Asia, Middle East and North Africa. The company said it expected organic sales... -
$1.5 million investment to strengthen microfinance ecosystem in Asia
Feb 15, 2017News Hour: The Asian Development Bank (ADB) today signed a $1.5 million equity investment agreement with Micro-Credit Ratings International Limited (M-CRIL). The agreement was signed by Christine Engstrom, ADB’s Director for Private Sector Operations – Financial... -
Peugeot-owner PSA Group discusses to buy General Motors’ Opel
Feb 14, 2017News Hour: Peugeot-owner PSA Group is discussing buying General Motors’ European operations, making the French carmaker the second biggest player in the region and allowing GM to focus on North America and China. In separate statements,... -
Hologic Inc to acquire medical aesthetics company Cynosure Inc for $1.65 billion
Feb 14, 2017News Hour: Hologic Inc said on Tuesday it would acquire medical aesthetics company Cynosure Inc for $1.65 billion as it looks to capitalize on an increase in medical procedures that are not traditionally reimbursed, reports Reuters.... -
Allergan Plc agreed to pay $2.48 billion in cash for buying Zeltiq Aesthetics Inc
Feb 14, 2017News Hour: Botox maker Allergan Plc agreed to pay $2.48 billion in cash for Zeltiq Aesthetics Inc, adding a system that it says helps people slim down by freezing fat away to the company’s line-up of... -
Shares in Toshiba dived more than 9 percent on Tuesday
Feb 14, 2017News Hour: Shares in Toshiba dived more than nine percent on Tuesday after the huge conglomerate delayed the release of financial results expected to include billions of dollars in losses tied to its ailing US nuclear... -
Bangladesh seeks duty free market access to USA
Feb 14, 2017News Hour: Bangladesh renewed its call for Duty Free Quota Free (DFQF) market access to the USA along with thirteen other Least Developed Countries (LDCs) which are left out from US SFQF scheme, reports BSS. Bangladesh... -
Wall Street extends record run as ‘Trump trade’ reignites
Feb 13, 2017News Hour: The main U.S. stock indexes hit record intraday highs on Monday, led by financials and industrials, as the so-called “Trump trade” sparked back to life on renewed optimism about the economy. The three main... -
Asian markets pressed ahead with a global rally
Feb 13, 2017News Hour: Asian markets pressed ahead with a global rally on Monday following another record close in New York as traders welcomed Donald Trump’s promise of details on tax reform and his softer tone on China...
