(Reuters) – Restaurant Brands International said on Tuesday it has bought stakes in Burger King China from its local franchisee for about $158 million, giving it nearly total ownership of the business.The fast food chain operator said it would engage its...
By Polina DevittLONDON (Reuters) – Gold prices have marched into uncharted territory as bulls latch on to economic uncertainty created by U.S. import tariff plans, but behind the prize of hitting a record $3,000 per ounce, some flags of a bear case are also...
(Reuters) – Juniper Networks denied the allegations by the U.S. Department of Justice, after the agency sued to block Hewlett Packard Enterprise’s $14 billion all-cash takeover of the networking gear maker, according to a court filing.Last month, the DOJ...
LONDON (Reuters) – Fitch has become the second top rating agency to warn that the prized triple-A credit scores of the World Bank and other top multilateral lenders will be hit if Donald Trump withdraws U.S. support for them.The U.S. president signed an...
By Vallari Srivastava (Reuters) -Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66, and plans to push for operational changes and the sale of the company’s midstream business.Phillips 66...
(Reuters) – Emerson Electric said on Monday that its $265 per-share offer to acquire Aspen Technology was its “best and final” price.The announcement comes days after activist investor Elliott Management said it invested over $1.5 billion in Aspen,...
