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Banks, brokers gird for Brexit-style tumult following Tuesday’s election
November 8, 2016 by publisher · Leave a Comment
Big global banks, including Morgan Stanley, JPMorgan Chase & Co and Goldman Sachs Group Inc are bracing for potential tumult on financial markets after Tuesday's U.S. election. As a result, Asia-focused banks HSBC and Japan's Nomura Holdings Ltd are among institutions boosting staff levels, while others are raising the margin requirements for trading to cope with a possible spike in volume or volatility. Bank preparations ahead of the …
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Banks, brokers gird for Brexit-style tumult following Tuesday’s election
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Bayer defies critics with $62 billion Monsanto offer
May 23, 2016 by publisher · Leave a Comment
By Ludwig Burger and Georgina Prodhan FRANKFURT (Reuters) – German drugs and crop chemicals group Bayer has offered to buy U.S. seeds company Monsanto for $62 billion in cash, defying some of its own shareholders in a bid to grab the top spot in a fast-consolidating farm supplies industry. Monsanto Co's stock rose 5 percent to $106.61 by midday trade on the New York Stock Exchange – well below Bayer's offer price, in a sign that it faces a tough task …
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Bayer defies critics with $62 billion Monsanto offer
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Northrop wins $93 million deal to build drone for smaller warships
December 24, 2015 by publisher · Leave a Comment
Northrop Grumman Corp has won a contract worth $93.08 million to build a full-scale demonstrator of a new unmanned spy plane – a flying wing with large counter-rotating propellers – that would take off and land on destroyers and frigates, the Pentagon said on Thursday. Northrop has been working on a design for the…
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Northrop wins $93 million deal to build drone for smaller warships
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Ford union workers ratify new four-year U.S. labor pact: UAW
November 21, 2015 by admin · Leave a Comment
Ford Motor Co's U.S. union workers narrowly approved a four-year labor contract after a late push for support by United Auto Workers leaders, the UAW said late Friday night. The UAW said 51.3 percent of production workers and 52.4 percent of skilled trades workers voted in favor of the new contract, after more than a week of voting that concluded at U.S. operations of Ford on Friday night.
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Ford union workers ratify new four-year U.S. labor pact: UAW