AB InBev sells Australian brewer to Asahi, keeps Asia IPO on radar
Anheuser-Busch InBev , the world's largest brewer, is selling its Australian operations to Japan's Asahi for $11 billion and could revive the stalled flotation of its...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Wall Street moves lower on dampened hopes for hefty Fed cut
Wall Street's main indexes edged lower on Friday after a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at...
Oyo founder to buy back $2 billion worth stake in SoftBank-backed Indian co
Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a move that will bring his ownership...
Bayer welcomes judge's call for damages to be cut in $2 billion glyphosate case
Germany's Bayer AG on Friday welcomed a conditional ruling by a U.S. judge calling for the reduction of a $2 billion damages award to a couple...
PepsiCo offers $1.7 billion to buy South Africa's Pioneer Foods
PepsiCo has made a $1.7 billion offer to buy South Africa's Pioneer Food Group the companies said on Friday, boosting the target's shares by nearly 30%.
Syngenta CFO says it faces no glyphosate lawsuits
Chinese-owned agricultural chemical maker Syngenta has not been named in litigation involving weed-killer ingredient glyphosate that has hit German rival Bayer , the Swiss-based company's chief...
Bayer welcomes judge's call for reduced damages in $2 billion glyphosate case
Germany's Bayer AG welcomed on Friday a call by a U.S. judge to cut a $2 billion damages award to a Californian couple by a jury...
BlackRock second-quarter profit misses estimates
BlackRock Inc , the world's largest asset manager, missed analysts' estimates for quarterly profit on Friday, as investment advisory and securities lending revenue fell and costs...
As 'superstar' cities keep winning, worrisome U.S. divide widens
In the depths of the financial crisis, when the world was shunning debt and battening down for the worst, city officials here zagged in what seemed...
PepsiCo to buy South Africa's Pioneer Food for $1.7 billion
PepsiCo has struck a deal to buy South Africa's Pioneer Food Group for $1.7 billion, the companies said on Friday, lifting Pioneer's shares and boosting a...
Syngenta profits hit by U.S./China trade wars, bad weather
Agricultural chemical maker Syngenta on Friday reported a 34% fall in first-half net income, showing the impact of U.S. trade disputes with China and Mexico as...
BlackRock's profit hit by lower fees for lending stocks
BlackRock Inc , the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money...
Ohio Congresswoman says lack of financial literacy could be a problem for Facebook Libra users
Rep. Joyce Beatty, D-Ohio, grilled Facebook's David Marcus, asking about the steps he will take to educate the 1.7 million unbanked people Libra plans to reach.
Microsoft brightens Wall St. mood as rate cut hopes rise
U.S. stock futures inched higher on Friday as strong results for Microsoft's cloud business fed into a bullish mood following signs from New York Fed President...
IEA says does not expect 'huge increase' in crude prices
The International Energy Agency (IEA) doesn't expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, its...