Vodafone investors open to Liberty deal LONDON, May 28- Some of the biggest investors in Vodafone say they are open to a European tie-up with Liberty Global, as the British company is now in a stronger position to negotiate a deal with John Malone's cable group. The positive reaction stands in contrast to previous occasions when talk of a deal sent shares in Vodafone tumbling on fears that it, as the suitor,...
| By: Sinead Cruise and Kate Holton
Bush's busy role on corporate boards could become 2016 issue WASHINGTON- During his transition from Florida governor to likely presidential candidate, Jeb Bush served on the boards or as an adviser to at least 15 companies and nonprofits, a dizzying array of corporate connections that earned him millions of dollars and occasional headaches. "Board of directors and advisory boards are in charge of high-level oversight,"...
Source: The Associated Press
| By: By RONNIE GREENE, Associated Press
Novartis digs into health tech with bet on "robotic pill" LONDON, May 27- Swiss drugmaker Novartis is raising its bet on smart technology by collaborating with U.S. start-up Rani Therapeutics on a "robotic pill" for complex biotech drugs that would normally have to be given by injection. Rani said it would run feasibility studies over the next 18-24 months to evaluate how selected Novartis biologic medicines can be...
| By: Ben Hirschler
PRECIOUS-Gold holds near 2-week low after worst day since April SINGAPORE, May 27- Gold held near a two-week trough early on Wednesday after sliding almost 2 percent in the previous session as strong U.S. data suggested the Federal Reserve may be on course to raise interest rates this year. *Spot gold was little changed at $1,188.20 an ounce by 0040 GMT. It dropped to $1,185.35 on Tuesday, its weakest since May 12.
Barrick investors welcome Chinese tie-up, debt reduction moves VANCOUVER/ TORONTO May 26- Barrick Gold Corp's first step to long-promised partnerships with China, as well as progress in reaching an ambitious debt-cutting goal, are turning skeptical investors warmer toward the world's biggest gold miner. Barrick said on Tuesday it would sell a stake in its Porgera mine in Papua New Guinea mine to China's Zijin Mining Group,...
| By: Nicole Mordant and Euan Rocha
Big win for TWC shareholders: Pro Charter Communications reached a deal to buy Time Warner Cable for $78 million. Tuna Amobi, Standard & Poor's analyst, and Todd Mitchell, Brean Capital, discuss the future of cable M&A.
INTERVIEW-Bavarian Nordic not for sale after big pharma deals COPENHAGEN, May 26- Bavarian Nordic is hot property after striking two big vaccine deals but the small Danish company is not for sale, despite a wave of consolidation in the healthcare industry, its chief told Reuters. Boosting the immune system is now a top priority for cancer drug companies such as Bristol-Myers, Merck, Roche and AstraZeneca, fuelling renewed...
| By: Sabina Zawadzki