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MARKET
UPDATE 1-Belgium's Solvay names Ilham Kadri to replace Clamadieu as CEO
Belgian chemicals group Solvay has named Ilham Kadri, chief executive of U.S. hygiene technology and services company Diversey, to succeed Jean-Pierre Clamadieu as CEO next year...
FUNDS
U.S. 10-year, 30-year Treasury yields hit fresh multi-year highs
The U.S. 10-year Treasury yield and 30-year Treasury yield rose to fresh multi-year highs on Tuesday. The benchmark U.S. 10-year Treasury yield reached 3.252 percent, its...
EARNINGS
PepsiCo margin slip clouds profit beat, North America beverage rebound
PepsiCo Inc's (PEP.O) quarterly profit margins disappointed investors on Tuesday as commodity and transportation costs jumped, overshadowing an ...
BONDS
Germany's Merkel weakened by fall of long-serving ally
German Chancellor Angela Merkel suffered an unexpected blow to her authority on Tuesday when her conservatives cast out long-standing ally Volker Kauder as head of the parliamen...
FUNDS
As China builds biotech sector, cash floods U.S. startups
For three whirlwind days in June, U.S. scientist Zhi Hong went shopping at the Boston Bio Conference to find drugs to fill the pipeline of his two-week-old drug company. ...
ENVIRONMENT
In Nigeria, Shell's onshore roots still run deep
Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away from the theft, spills, corruption and unrest that have plagued th...
FUNDS
Refinitiv loans break for trading
By Yun Li and Michelle Sierra NEW YORK, Sept 18 (LPC) - The US$9.25bn in term loans backing private equity firm Blackstone Group’s purchase of a 55% stake in Refinitiv,...
US DOLLAR REPORT
GLOBAL MARKETS-Trade conflict looms but higher rates, oil prices help some stocks
A world stock index climbed as bank and energy shares rose on Friday, but the momentum was sapped by a report that Washington may fire a new salvo in its trade dispute with Beij...
EARNINGS