PPG Revises Takeover Proposal To AkzoNobel; Offer Now Values $28.8 Bln

PPG Revises Takeover Proposal To AkzoNobel; Offer Now Values $28.8 Bln

We are extending this one last invitation to you and the AkzoNobel boards to reconsider your stance and to engage with us on creating extraordinary value and benefits for all of AkzoNobel's stakeholders . The offer is up eight per cent on the previous offer and 17 per cent on the first. As part of the improved offer, the American firm said it would not shift any production from Europe to the US. Read More

Turkey hits Kurdish areas in Iraq's Sinjar, northeast Syria

The air operation was conducted "within the scope of the worldwide law" and "with the aim of destroying the hot beds of terrorism which target the unity, integrity, and safety of our country and nation", the statement said. A Turkish military statement said the pre-dawn strikes hit targets on the Sinjar Mountain in northern Iraq and also in a mountainous region in Syria . Read More

Graeme McDowell sees hopes disappear in Texas Open

Graeme McDowell sees hopes disappear in Texas Open

Playing great golf and making birdies at the TPC San Antonio Oaks Course is never an easy task, but the extreme weather conditions on Saturday made the third round of the Valero Texas Open more of a test of survival and a challenge for success than normal. Read More

Supreme Court allows NDMC to e-auction Taj Mansingh hotel

Supreme Court allows NDMC to e-auction Taj Mansingh hotel

The division bench of the high court had on October 27 a year ago dismissed the IHCL's plea challenging the move by NDMC to auction the property, saying the company has "no right" for renewal of the license period and NDMC was "within its power" to secure maximum consideration for grant of license for the property located at the prime location of 1, Man Singh Road in Lutyen's Delhi. Read More

Sentence next for Volkswagen in US diesel emissions scandal

Sentence next for Volkswagen in US diesel emissions scandal

As part of the plea agreement, VW will pay a $2.8 billion criminal penalty to the United States and fully cooperate in the government's ongoing investigation and prosecution of individuals responsible for these crimes. As part of pleading guilty, VW admits that they deliberately programmed 600,000 diesel cars distributed in the U.S.to deceive users - programming them to turn on pollution controls while being tested and then turning them off when on the road, in the hands of a consumer. Read More

Ontario finance minister hints upcoming housing measures will target 'property scalpers'

Ontario finance minister hints upcoming housing measures will target 'property scalpers'

Wynne says the package of housing measures will make the process of finding a place to live a little easier, a little less frantic and a lot fairer. The new plan extends rent control to all private rental units in the province. Strengthen the Residential Tenancies Act, including a standard lease with multilingual information, tightening provisions for "landlord's own use" evictions, and ensuring adequate tenant compensation if evicted. Read More

Roof construction delays Mercedes Benz Stadium opening

Roof construction delays Mercedes Benz Stadium opening

Steve Cannon, the CEO of Atlanta Falcons and Atlanta United owner Arthur Blank's businesses, said Tuesday the delay is a "timeline" issue. According to a statement, Atlanta United's match against Orlando City that was supposed to open the new stadium on July 30 will now be played the club's makeshift home on Saturday, July 29, at 5 p.m. Read More

Elliott Wins an Early Round Against Arconic

Elliott Wins an Early Round Against Arconic

Elliott Management, the activist hedge fund run by Paul Singer, has made some shocking claims about Arconic's newly departed CEO, who resigned Monday amid an ongoing effort by the activist fund to persuade the company to get a new chief. "I am committed to supporting David and the board through this transition phase". Hess says, "I look forward to working closely with the board, senior leadership team and our dedicated and hard-working employees". Read More

China's investment along Belt and Road booms

China's investment along Belt and Road booms

Yong-Peng told a Delegation of visiting Nigerian Journalists in Beijing , while making clarification on "The Belt and Silk Road: Creating New Development in Africa, " that it was imperative for Nigeria to become more active with China. "And of course [the route] also extends to relevant countries and region", he said, adding that the attending leaders from the 28 countries were mostly from the "main body of the Asian continent". Read More

Duterte assures China over his military order

Duterte assures China over his military order

The South China Sea islands are part of the ROC's territory, and it is indisputable that the ROC enjoys rights to these islands and their surrounding waters based on global and maritime law, Ministry of Foreign Affairs spokeswoman Eleanor Wang (王珮玲) said at a regular news briefing. Read More

Uber hits back at Waymo in auto lidar court battle

Uber hits back at Waymo in auto lidar court battle

He and two other Waymo employees are accused of downloading thousands of confidential files, including lidar circuit board designs, before he left Waymo past year and launched his own robocar startup, Otto , that was acquired by Uber for $ 680 million . Read More

Hot Stock of this Morning: Capital One Financial Corporation (COF)

Hot Stock of this Morning: Capital One Financial Corporation (COF)

The Price to Sales (P/S) ratio of the stock is 2.64, while P/B (Price to Book) stands at 0.6. They expect $1.97 EPS, up 6.49% or $0.12 from last year's $1.85 per share. boosted its stake in Wintrust Financial Corp by 29.1% in the third quarter. Dimensional Fund Advisors LP now owns 4,099,063 shares of the company's stock valued at $297,469,000 after buying an additional 37,872 shares during the last quarter. Read More

United Kingdom wage growth after inflation nearly disappears

United Kingdom wage growth after inflation nearly disappears

But, as anticipated, wage increases are beginning to fall behind inflation: in the three months to February, pay growth, excluding bonuses, stood at 2.2 per cent, just behind the month's inflation figure of 2.3 per cent. Beijing has said it wants to reorient the economy away from relying on debt-fuelled investment and towards a consumer-driven model, but the transition has proven challenging, leading to the slower growth readings in recent years. Read More

KFC To Eliminate Use of Medically Important Antibiotics from Chicken Supply

KFC To Eliminate Use of Medically Important Antibiotics from Chicken Supply

KFC's commitment is a significant addition to this progress because it could push the US chicken industry over the threshold for better antibiotic stewardship. PIRG, as well as from a coalition of British and U.S. shareholders with more than $2 trillion in assets under management. Using data from a 2017 WATT PoultryUSA survey, the Natural Resources Defense Council (NRDC) estimates that more than 42 percent of the US chicken industry is either under an antibiotics stewardship pledge or ... Read More

Gambler who gave golfer Phil Mickelson insider stock information found guilty

Gambler who gave golfer Phil Mickelson insider stock information found guilty

Walters made headlines past year when famed golfer Phil Mickelson - who's now competing in The Masters in Georgia - was ordered to pay the Securities and Exchange Commission $1 million in fines for profiting off a tip from Walters about Dean Foods. Read More

Rajya Sabha also clears 4 GST Bills

The Rajya Sabha today passed the historic Goods and Services Tax (GST) bill without any amendments. "Whatever goods are exempted from tax today, will remain exempted". LIC Finance holds 11 per cent stake in GSTN, according to the Registrar of Companies (RoC) filings, obtained by IANS from business research platform Tofler. Read More

Ecuador's Lenin Moreno Declared Winner of Presidential Election

Ecuador's Lenin Moreno Declared Winner of Presidential Election

The 45-year-old Australian buoyantly turned that threat around on Lasso as official results showed the conservative ex-banker on track to lose. Assange's case has returned to the spotlight since WikiLeaks was accused of meddling in the U.S. Read More

Young Shadab selected for test series against West Indies

Young Shadab selected for test series against West Indies

Pakistan's most successful skipper Misbah-ul-Haq will retire after the upcoming Test series against the West Indies , he announced Thursday, ending months of speculation over his future. "Overall maybe Pakistan doesn't get much support, but we all, including me, make sure we as a country are behind our team and support our players so that morally they should go and fight in worldwide matches". Read More

Trump signs bill scuttling online privacy regulation

States have started writing their own legislation to protect broadband privacy after Congress voted to repeal regulations that would have required internet providers to obtain their customers' consent before collecting their personal information. Read More

NJ Transit Train Derailed at Penn Station

At least five people were injured when three cars on an NJ Transit train from Trenton derailed on track 9 just after 9 am. Remaining LIRR trains from Penn Station are expected to experience delays and crowding. By the time the game ended, the train trouble still hadn't been fixed - so he suffered through another 4.5-hour ride back to New Jersey, he said. LIRR tickets will be cross-honored on the E, 7 and 2/3 subways for customers whose trains diverted to Hunterspoint Avenue or ... Read More