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Akzo Nobel in talks to merge with Axalta Coating, Bloomberg News reports

(Reuters) -Dulux paint maker Akzo Nobel NV is in talks to merge with paintmaker Axalta Coating Systems, Bloomberg News reported on Monday, citing sources familiar with the matter. Shares of Axalta were up 14% in after-market trading. The companies could announce the combination as early as ...
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SEC approves Dimensional Fund Advisors launch of ETF share class for 13 mutual funds

By Suzanne McGee (Reuters) -The U.S. Securities and Exchange Commission cleared the way for Dimensional Fund Advisors to launch an exchange-traded fund share class on 13 of its existing mutual funds, according to a notice on the regulator's website late on Monday afternoon. This removes the ...
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US-Saudi event to include CEOs from Chevron, Qualcomm, Pfizer, source says

By David Shepardson WASHINGTON (Reuters) -The U.S.-Saudi Arabia investment forum to take place in Washington during the visit of Saudi Crown Prince Mohammed bin Salman this week is expected to include CEOs from Chevron, Qualcomm, Cisco, General Dynamics and Pfizer, according to a source familiar ...
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UBS O’Connor’s capital solutions strategy co-heads did not accept jobs at Cantor, source says

By Saeed Azhar and Gnaneshwar Rajan (Reuters) -UBS informed investors the co-heads of O'Connor's capital solutions strategy unit, Rodrigo Trelles and Baxter Wasson, had opted not to accept jobs at brokerage Cantor Fitzgerald, a source familiar with the matter told Reuters on Monday. UBS O'Connor's ...
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Is Perrier ‘natural’ mineral water? French court to decide

By Dominique Patton PARIS (Reuters) -A French court will rule on Tuesday on whether Perrier must withdraw its bottled water from shelves, after consumer group UFC-Que Choisir sought an emergency intervention over what it alleges is deceptive marketing of the brand as "natural" mineral water. The ...
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Sinclair takes 8% stake in EW Scripps as broadcaster eyes potential acquisition

NEW YORK (AP) - Broadcast giant Sinclair has taken a more than 8% stake in E.W. Scripps, as it eyes a potential merger with the smaller local TV rival. In a regulatory filing on Monday, Sinclair disclosed that it purchased 8.2% of Scripps' Class A ...
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Rio Tinto to cut Yarwun alumina output by 40% from Oct 2026 to extend plant life

(Reuters) -Australia's Rio Tinto said on Tuesday it will cut output at its Yarwun alumina refinery in Queensland by 40% from October next year to extend the plant's life to 2035 and allow time for modernization plans. The decision comes as Yarwun's tailings facility, used ...
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Archer Aviation to supply electric powertrain to Anduril, EDGE for Omen drone

By Shivansh Tiwary (Reuters) -Archer Aviation said on Monday it will supply its electric powertrain for the Omen autonomous air vehicle, being co-developed by U.S. defense technology firm Anduril Industries and UAE-based EDGE group. The agreement marks Archer's first third-party application of its powertrain, currently used ...
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Fed’s Waller says weak job market justifies rate cut in December

By Howard Schneider WASHINGTON (Reuters) -The data available during the recent U.S. government shutdown shows the job market near stall speed, with state unemployment claims rising slightly, layoff numbers increasing, and no evidence of building wage pressures, facts that warrant another quarter-percentage-point interest rate cut ...
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Tyson Foods to halt carbon emissions claims, environmental group says

By Tom Polansek CHICAGO (Reuters) -Tyson Foods has agreed to stop saying it will reach net-zero greenhouse gas emissions by 2050 and marketing beef as climate friendly to settle a lawsuit that accused the U.S. meat company of misleading consumers with the claims, the nonprofit ...
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Moody’s downgrades Six Flags’ credit ratings

By Matt Tracy WASHINGTON (Reuters) -Moody's downgraded Six Flags Entertainment's credit ratings further into junk-grade territory on Monday, citing the amusement park owner's weak operating results. The two-notch rating downgrade, with a stable outlook, follows Six Flags' third-quarter results on November 7. Moody's analysts in a report ...
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Exclusive-Buyout firm Thoma Bravo has offered to buy Clearwater Analytics, sources say

By Milana Vinn NEW YORK (Reuters) -Private equity firm Thoma Bravo has made an offer to acquire Clearwater Analytics, people familiar with the matter said on Monday, as the race to buy out the software provider to investment firms gathers pace. THE BIDDERS The details of Thoma ...
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