Cement companies Lafarge SA (LAFP.PA) and Holcim Ltd (HOLN.VX) are nearing a deal to sell at least $7 billion worth of assets to Ireland's CRH PLC (CRH.I), the Wall Street Journal reported on Saturday, citing people familiar with the matter.
Tags: Europe
Toyota lifts profit outlook as weak yen offsets Japan slump
Toyota Motor Corp lifted its operating profit guidance on Wednesday in a widely expected move, as a weaker yen increases the value of sales overseas and makes up for slumping demand at home.
Google-appointed panel to recommend EU only 'right to be forgotten'
A panel of experts appointed by Google to advise it on a European court ruling ordering it to remove some personal information from search results is leaning toward limiting the application to European websites only.
U.S. factory orders fall sharply, order books shrinking
New orders for U.S. factory goods fell for a fifth straight month in December, but a smaller-than-previously reported drop in business spending plans supported views of a rebound in the months ahead.
European markets subdued as Chinese data weighs
European shares stalled and core bond yields held near lows on Monday following disappointing data from China, while Greek markets were volatile as the government pursued efforts to reach a compromise with its creditors.
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The new Greek government's anti-bailout stance has sent shudders through much of Europe but Germany's euroskeptic AfD party can hardly believe its good fortune ahead of a regional election as a breakup of the euro zone suddenly appears possible.
U.S. stocks closed down on Friday after a volatile session as investors worried at the end of a rough month for the market about weak U.S. growth data and whether instability in Europe could hurt corporate earnings in the United States.
French Finance Minister Michel Sapin said on Wednesday France wanted to facilitate talks between Greece's new leftist Prime Minister Alexis Tsipras and the rest of the euro zone, and would meet his Greek counterpart in Paris on Monday.
Asian shares retreated on Thursday after the Federal Reserve unexpectedly lifted its view on the economy, signaling that the U.S. central bank remains firmly on track with plans to raise interest rates this year.
Leftist Greek Prime Minister Alexis Tsipras threw down an open challenge to international creditors on Wednesday by halting privatisation plans agreed under the country's bailout deal, prompting a third day of heavy losses on financial markets.
World stock indexes fell on Tuesday following disappointing company earnings, while the dollar retreated after an unexpected decline in U.S. durable goods orders.
Techland announces that 'Be the Zombie' DLC comes free to everyone across all platforms and territories as new first person action survival title rolls out on a global digital release January 27.
European shares fell and borrowing costs for the euro zone's most indebted states rose on Monday as the leftist Syriza party looked set to take on Greece's international lenders after a crushing victory in early elections.
After the surprises from central banks which rocked markets at the start of the year, the U.S. Federal Reserve will be watched as closely as ever this week to see that it doesn't stray from its own policy path.
