Exclusive: EU regulators to okay $83 billion Linde, Praxair deal - sources

2018-07-12 reuters
BRUSSELS (Reuters) - EU antitrust regulators are set to approve gases groups Linde (LING.DE) and Praxair’s (PX.N) $83 billion merger after pledging to sell Praxair’s assets to boost a Japanese rival in Europe, two people familiar with the matter said on Thursday.
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Nova MSC disposes 51%-owned Singapore unit Primustech for RM8.9m

2018-07-12 theedgemarkets
KUALA LUMPUR (July 12): Nova MSC Berhad has entered into an agreement with Japan Asia Group Ltd (JAG Ltd) to dispose of its 51% equity interest in Singapore-based engineering consulting firm Primustech Pte Ltd for S$3 million or equivalent of approximately RM8.9 million.
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Goldman Sachs, Prysmian, others lose challenge against 302 million euro EU cartel fine - Channel NewsAsia

2018-07-12 channelnewsasia
Investment bank Goldman Sachs , the world's top cablemaker Prysmian , Nexans and eight other cable companies on Thursday lost their challenge against a 302 million euros (US$352.6 million) EU cartel fine.
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Messer is preferred bidder for Linde's U.S. assets -WiWo

2018-07-12 reuters
FRANKFURT (Reuters) - German gases company Messer Group is the preferred bidder for rival Linde’s (LING.DE) North American business, which it must sell to complete its $83 billion merger of equals with Praxair (PX.N), German magazine WirtschaftsWoche reported on Thursday.
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Goldman Sachs, Prysmian, others lose challenge against 302 million EU cartel fine

2018-07-12 reuters
LUXEMBOURG (Reuters) - Investment bank Goldman Sachs (GS.N), the world’s top cablemaker Prysmian (PRY.MI), Nexans (NEXS.PA) and eight other cable companies on Thursday lost their challenge against a 302 million euros ($352.6 million) EU cartel fine.
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Nikkei ends up as weak yen offers trade fear respite; SoftBank jumps

2018-07-12 reuters
TOKYO, July 12 (Reuters) - Japan’s Nikkei rebounded on Thursday as a weaker yen offered a temporary respite to trade war fears and lifted sentiment, while index-heavyweight SoftBank soared after a source said a U.S. hedge fund took a $1 billion stake in it. (2-0)
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The Yahoo Japan Deal Is Just One Cog in the Gear

2018-07-11 investorplace
In an anticipated move, Japanese internet company Softbank Corp (OTCMKTS:SFTBY) recently announced that it will increase its stake in Yahoo Japan (OCTMKTS:YAHOF). The deal, which involves approximately $2 billion, and U.S. firm Altaba (NASDAQ:AABA), sets into motion Softbank’s Japanese e-commerce strategies. (15-0)
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Intel Roundup: Downgraded, CEO Search, Baidu Win, Apple Loss

2018-07-11 zacks
The top stories for Intel (INTC - Free Report) stock are related to recent analyst downgrades, updates on its CEO search, a strengthening relationship with Baidu (BIDU - Free Report) and the possibility of an iPhone loss. (18-0)
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Toyota assists Indonesia in developing eco-friendly vehicles

2018-07-12 japantimes.co.jp
JAKARTA – Toyota Motor Corp. is cooperating with the Indonesian government to develop eco-friendly vehicles by lending Prius hybrid cars and other models to six major universities in the Southeast Asian country.
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Mazda restarts auto plants in flood-hit parts of western Japan

2018-07-12 japantimes.co.jp
OSAKA – Mazda Motor Corp. resumed operations at its plants in western Japan on Thursday in the wake of devastating flooding and landslides.
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Climate change threat sends Japan’s Key Coffee on bean hunt

2018-07-12 japantimes.co.jp
Coffee lovers beware: Climate change is threatening supplies of high-quality beans, with one coffee house hunting for the perfect bean to withstand warmer conditions.
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Broadcom deal to buy CA makes little sense on the surface - MarketWatch

2018-07-12 marketwatch
Opinion: With chip deals a no-go for now, software and boring old tech now in Hock Tan’s sights (5-0)
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Tokyo stocks rebound sharply as yen weakens past 112

2018-07-12 japantimes.co.jp
Stocks rebounded sharply Thursday, boosted by the dollar’s first move above ¥112 in roughly half a year.
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Nikkei rises as weak yen offers respite to trade war fears

2018-07-12 thehindubusinessline
SoftBank Group, the most traded stock by turnover, jumped 5.5 per cent to a near 6-month high of ¥9,299. (2-0)
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Your Daily Pharma Scoop: IPO Review - Aptinyx Surges, Kezar Progresses, Neon Slumps

2018-07-11 seekingalpha
Aptinyx (APTX) priced its IPO at $16.00. 6.4M common stock shares were offered. Additional 959,999 shares were on underwriters over-allotment. Gross proceeds initially expected was ~102.4M, but reached $117.8M by the time of closing. The shares opened at $17.40 on June 21. The IPO closed on June 25. (28-1)
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Nikkei rises as weak yen offers trade fear respite; SoftBank soars

2018-07-12 theedgemarkets
TOKYO (July 12): Japan's Nikkei share average rose on Thursday as a weaker yen offered a temporary respite to trade war fears and lifted sentiment, while index-heavyweight SoftBank soared after a source said a U.S. hedge fund took a $1 billion stake in it. (2-0)
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Chris Puplava: Near-Term Weakness, Overheating In 2019

2018-07-12 seekingalpha
The US economy continues to chug along, but what might bring this bull down? Chris Puplava, Chief Investment Officer for Financial Sense Wealth Management, says to watch foreign markets, inflation, and the Fed.
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Japan's ANA cancels more flights for engine inspection

2018-07-12 channelnewsasia
Japanese airline ANA Holdings canceled 330 domestic flights from July 23 through July 31, and warned of further cancellations in August as it continues to inspect engines built by Rolls-Royce .
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Nikkei rises as weak yen offers trade fear respite; SoftBank soars

2018-07-12 reuters
TOKYO, July 12 (Reuters) - Japan’s Nikkei share average rose on Thursday as a weaker yen offered a temporary respite to trade war fears and lifted sentiment, while index-heavyweight SoftBank soared after a source said a U.S. hedge fund took a $1 billion stake in it. (2-0)
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Japan's ANA cancels more flights for engine inspection

2018-07-12 reuters
TOKYO (Reuters) - Japanese airline ANA Holdings (9202.T) canceled 330 domestic flights from July 23 through July 31, and warned of further cancellations in August as it continues to inspect engines built by Rolls-Royce (RR.L).
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Altaba Could Be The Bargain Hunter's Dream Come True

2018-07-11 seekingalpha
Altaba trades at an extremely high correlation to Alibaba given that Alibaba is 80% of the underlying holdings. (10-0)
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Trump’s Opec tweets have Putin preparing for oil talks

2018-07-12 malaymail
MOSCOW, July 12 — When Russian President Vladimir Putin meets Donald Trump next week, he’ll armed to discuss oil production following the US leader’s series of tweets targeting Opec, according to people familiar with preparations for the summit. (2-0)
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SoftBank’s Kabir Misra in advanced talks to set up start-up fund

2018-07-12 livemint
New Delhi: Kabir Misra, managing partner at SoftBank Investment Advisers, is in advanced talks to set up an investment fund, which will make early- and mid-stage investments primarily in US- and South-east Asia-based start-ups, said three people close to the development.
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PRESS DIGEST- Financial Times - July 12

2018-07-11 reuters
July 12 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. (2-0)
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Trump’s OPEC tweets have Putin preparing for oil talks

2018-07-11 worldoil
MOSCOW (Bloomberg) -- When Russian President Vladimir Putin meets Donald Trump next week, he’ll be armed to discuss oil production following the U.S. leader’s series of tweets targeting OPEC, according to people familiar with preparations for the summit. (2-0)
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Trump’s OPEC Tweets Have Putin Preparing for Oil Talks - Bloomberg

2018-07-11 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (2-0)
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Vehicle sales seen rising by 12%

2018-07-11 business.inquirer.net
The volume of vehicles sold in the Philippines is primed for a 12-percent growth this year to reach about 577,000 units amid a government drive to upgrade jeepneys and increase in domestic production, according to Frost & Sullivan.
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Ovid Therapeutics Announces Presentations Related to OV101 Fragile X Syndrome Program at the 16th National Fragile X Foundation (NFXF) International Conference

2018-07-11 globenewswire
CINCINNATI, July 11, 2018 (GLOBE NEWSWIRE) -- Ovid Therapeutics Inc. (NASDAQ:OVID), a biopharmaceutical company committed to developing medicines that transform the lives of people with rare neurological diseases, today announced several presentations related to the OV101 Fragile X syndrome program will be given this week at the 16th NFXF International Fragile X conference taking place in Cincinnati, Ohio from July 11 – 15, 2018.
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18 Stocks That Could Be Takeover Targets | InvestorPlace

2018-07-10 investorplace
M&A activity has been big part of the global market for the past few years now, and that’s likely to continue. Tax reform has freed up more cash and made potential targets more accretive. The economy is humming along. And in a few key sectors — consumer goods and media come to mind — there’s an obvious logic behind consolidation. (259-4)
6723 AA ADI AMCX ARNC AVAV AVGO BA BB BMRN CIEN CMCSA COL CPB CSCO DIS DPS ERI ERIC FB FIZZ FOX FOXA GCP GD GOOG GOOGL GRA HAIN HAS HON HON HRL KHC KO KR LGF LGF.A LGF.B LMT LVS MA MAT MGM MS MSFT MSGN MTSI MXIM NOK PENN PEP PNK PYPL QCOM RAD RHT RNECF RNECY SFM SNY SQ T TGT TWC TWX TXN UTX V WFM WMT WYNN XLNX

All About the U.S. Sanctions Aimed at Putin's Russia - Bloomberg

2018-07-11 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
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SoftBank's Son says to carry on with deals despite trade jitters

2018-07-11 reuters
SUN VALLEY, IDAHO (Reuters) - SoftBank Group Corp (9984.T) CEO Masayoshi Son said on Tuesday he was optimistic that U.S. President Donald Trump’s escalation of trade disputes and heightened scrutiny of foreign investments would not affect the Japanese firm’s prolific dealmaking. (28-1)
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Tiger Global buys over $1 bln stake in Japan's SoftBank - FT

2018-07-11 reuters
(Reuters) - U.S. hedge fund Tiger Global has acquired a stake of more than $1 billion in Japan’s SoftBank Group (9984.T), a stock it considers “meaningfully undervalued”, the Financial Times reported on Wednesday, citing a letter Tiger circulated to investors. (0-1)
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RIP Tata Nano. World’s cheapest car goes up in smoke

2018-07-11 livemint
A moment of silence, please, for the world’s cheapest car, which has all but died in India. It was almost 10 years old. The Tata Nano’s death was confirmed by production numbers: Tata Motors Ltd produced 1 unit in June, down from 275 in the same month last year. Exports were zero, versus 25 in June 2017. The company acknowledged that the car in its “present form cannot continue beyond 2019”. (10-0)
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California start-up Nuro unveils autonomous delivery van, raises $92 mln

2018-07-11 cnbc
SAN FRANCISCO, Jan 30 (Reuters) - Silicon Valley start-up Nuro said on Tuesday it raised $92 million to launch a self-driving delivery vehicle, joining automakers, shippers and a host of little-known companies developing autonomous vehicles for local commerce.
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Nokia: A Leader In The Sprint To 5G

2018-07-11 seekingalpha
Nokia is set to take advantage of the 5G roll-out and the expansion of IoT analytics. (10-0)
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6 Most Important Things In Business Today

2018-07-11 247wallst
Rupert Murdoch’s 21st Century Fox Inc. significantly lifted its offer price to consolidate ownership of Sky PLC, heating up a bidding war with Comcast Corp. for the British TV broadcaster. (3-0)
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MOVES-MUFG hires Stephanie Brandley as managing director

2018-07-11 reuters
July 11 (Reuters) - Mitsubishi UFJ Financial Group Inc said it has hired Stephanie Brandley as a managing director and head of coverage for alternative asset manager clients of its wholesale and investment bank. (2-0)
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Daimler Embarks on Self-Driving Race With San Francisco Shuttles - Bloomberg

2018-07-10 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (17-0)
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RIP Nano. World’s Cheapest Car Goes Up in Smoke - Bloomberg

2018-07-11 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (10-0)
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Ovid Therapeutics Announces Initiation of Phase 2 ROCKET Clinical Trial to Evaluate OV101 in Fragile X Syndrome

2018-07-11 globenewswire
NEW YORK, July 11, 2018 (GLOBE NEWSWIRE) -- Ovid Therapeutics Inc. (NASDAQ:OVID), a biopharmaceutical company committed to developing medicines that transform the lives of people with rare neurological diseases, today announced that it has initiated the Phase 2 ROCKET clinical trial evaluating OV101 for the treatment of adolescents and young adult males with Fragile X syndrome.
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Tokyo expresses concern as U.S. announces fresh tariffs on China in escalating trade war

2018-07-11 japantimes.co.jp
U.S. Trade Representative Robert Lighthizer on Tuesday proposed an additional $200 billion in tariffs on Chinese goods, rattling financial markets and setting off fears across the globe that the worst may be yet to come in the ongoing trade dispute between the world’s two largest economies.
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Japan watchdog: Apple may have breached antitrust rules with iPhone

2018-07-11 theedgemarkets
TOKYO (July 11): Japanese regulators said on Wednesday Apple Inc may have breached antitrust rules by forcing mobile service providers to sell its iPhones cheaply and charge higher monthly fees, denying consumers a fair choice.
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Tokyo stocks fall on U.S.-China trade jitters

2018-07-11 japantimes.co.jp
Stocks fell on the Tokyo Stock Exchange on Wednesday, reflecting a further escalation in U.S.-China trade friction.
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Apple may have breached antitrust rules with iPhone: Japan watchdog

2018-07-11 channelnewsasia
TOKYO: Japanese regulators said on Wednesday (Jul 11) Apple Inc may have breached antitrust rules by forcing mobile service providers to sell its iPhones cheaply and charge higher monthly fees, denying consumers a fair choice. (1-0)
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Help us, tenants at Sabah’s biggest mall cries after power supply cut again

2018-07-11 malaymail
KOTA KINABALU, July 11 — 1Borneo Hypermall suffered a blackout for the second time in three weeks after the Sabah Electricity Sdn Bhd (SESB) cut off its power supply today, owing to an unpaid RM8.3 million bill.
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Japan watchdog: Apple may have breached antitrust rules with iPhone

2018-07-11 channelnewsasia
Japanese regulators on Wednesday said Apple Inc may have breached antitrust rules by forcing mobile service providers to sell its iPhones cheaply and charge higher monthly fees, denying consumers a fair choice. (1-0)
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Toyota launches app in Hawaii that allows customers to unlock and start rental cars at parking stations

2018-07-11 japantimes.co.jp
CHICAGO/NEW YORK – Toyota Motor Corp. launched a Honolulu car-sharing service Tuesday that allows customers to use smartphones to unlock and start rental cars available by the hour or day. It’s the latest service offered by an automaker that competes with ride-hailing and rental-car companies.
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Apple Roundup: Samsung Settlement, Maps, Face ID, News, Analyst Opinion

2018-07-10 zacks
In this version of the Apple (AAPL - Free Report) roundup, I’m discussing its settlement with Samsung, its all-new Maps application, rumors around Face ID for iPad, the new feature targeting 2018 election news and some analyst attention. So here goes- (15-0)
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Japan watchdog: Apple may have breached antitrust rules with iPhone

2018-07-11 reuters
TOKYO (Reuters) - Japanese regulators on Wednesday said Apple Inc (AAPL.O) may have breached antitrust rules by forcing mobile service providers to sell its iPhones cheaply and charge higher monthly fees, denying consumers a fair choice. (1-0)
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Japan’s antitrust watchdog says Apple may be violating law with iPhone deals

2018-07-11 japantimes.co.jp
Japan’s antitrust watchdog believes Apple Inc. may be violating regulations by restricting rate plans offered by three major domestic carriers through its iPhone delivery contracts, sources said Wednesday. (1-0)
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