olivia-oran

China says can resolve trade disputes with new U.S. government

China and the United States can resolve any trade disputes through talks, the government said on Thursday, as a Chinese newspaper warned U.S. business could be targets for retaliation in any trade war ushered in by President-elect Donald Trump. Trump, who is sworn into office on Friday, has criticised China's trade practices and threatened to impose punitive tariffs on Chinese imports…

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China says can resolve trade disputes with new U.S. government

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U.S exchanges rent helicopter, drape banner in pursuit of Snapchat IPO

By Lauren Hirsch, Liana B. Baker and Olivia Oran SAN FRANCISCO/NEW YORK (Reuters) – This past November, Nasdaq Inc hired a helicopter to film Manhattan's skyline using Snapchat's new video-camera sunglasses and sent the aerial footage to its social media followers. The New York Stock Exchange – its arch-rival – on the same day tweeted a video shot from the floor of its exchange, showing that it too was using the social media giant's gadget. The scramble to promote Snapchat's “spectacles” is revealing the…

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U.S exchanges rent helicopter, drape banner in pursuit of Snapchat IPO

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Exclusive: Pfizer weighs sale or spin-off of consumer health unit – sources

By Lauren Hirsch, Olivia Oran and Carl O'Donnell (Reuters) – U.S. drugmaker Pfizer Inc is evaluating a potential sale or spin-off of its consumer health division that could value the unit at as much as $14 billion, people familiar with the matter said on Wednesday. A Pfizer exit from the consumer health business, which includes lip balm Chapstick and painkiller Advil, would be one of its biggest corporate moves since abandoning a $160 billion deal to buy Irish drugmaker Allergan Inc earlier this year…

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Exclusive: Pfizer weighs sale or spin-off of consumer health unit – sources

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IMF’s Lipton likes Bank of Japan policy revamp, calls for more ‘arrows’

International Monetary Fund First Deputy Managing Director David Lipton welcomed the Bank of Japan's new policy framework as a boost to its credibility, but called for more vigorous fiscal and structural policies to reflate a fragile economic recovery. Lipton also shrugged off the view that monetary policy was nearing its limit as a means to revive economies across the globe, stressing that central banks must be open to new ideas to help spur growth. “Central banks have to always be ready to…

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IMF’s Lipton likes Bank of Japan policy revamp, calls for more ‘arrows’

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Banks ponder the meaning of life as Deutsche agonizes

By Carmel Crimmins and Olivia Oran WASHINGTON (Reuters) – It wasn't just Deutsche Bank that was grappling with big questions about the future at the International Monetary Fund meetings in Washington last week. “This new world of low interest rates and even negative …

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Banks ponder the meaning of life as Deutsche agonizes

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Exclusive: Lazard works with Sanofi on $12.7 billion animal health unit deal – sources

By Pamela Barbaglia, Olivia Oran and Arno Schuetze LONDON/NEW YORK/FRANKFURT (Reuters) – Investment bank Lazard is working with Sanofi's management to prepare a sale or listing of its Merial animal health unit, aiming to land the leading advisory job for the deal, which could value the business at up 12 billion euros ($12.7 billion), sources familiar with the matter said. Lazard is expected to win the role for the so-called dual-track process having helped Sanofi's management in the …

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Exclusive: Lazard works with Sanofi on $12.7 billion animal health unit deal – sources