Exclusive: Pivoting after failed Syngenta bid, Monsanto to build big data business

[Buzz_Burner_Fresh_Updates] Exclusive: Pivoting after failed Syngenta bid, Monsanto to build big data business – reuters.com CHICAGO/KANSAS CITY (Reuters) – With its shares trading at three-year-lows since it abandoned a $46 billion bid to buy Syngenta AG last month, Monsanto Co plans to offer its shareholders a new corporate vision: a future in big data. Continue […]

Zurich ditches RSA takeover after losses in general insurance

[Buzz_Burner_Fresh_Updates] Zurich ditches RSA takeover after losses in general insurance – reuters.com ZURICH (Reuters) – Zurich Insurance Group AG abandoned its proposed 5.6 billion pound ($8.7 billion) bid for British insurer RSA Insurance Group PLC on Monday after forecasting a $200 million loss in its general insurance business due to explosions at the Chinese port […]

Back to the future: Nokia prepares for mobile comeback

[Buzz_Burner_Fresh_Updates] Back to the future: Nokia prepares for mobile comeback – reuters.com FRANKFURT/HELSINKI (Reuters) – Nokia is hiring software experts, testing new products and seeking sales partners as it plots its return to the mobile phone and consumer tech arena it abandoned with the sale of its handset business. Continue Reading On reuters.com »  

Comcast Profit Beats Views on Internet, Enterprise Growth + MORE

[Buzz_Burner_Fresh_Updates] China April HSBC PMI shows biggest drop in factory activity in a year – reuters.com BEIJING (Reuters) – China’s factories suffered their fastest drop in activity in a year in April as new orders shrank, a private business survey showed on Monday, hardening the case for fresh stimulus measures to halt a slowdown in […]

CORRECTED-UPDATE 1-SNB stuns markets by scrapping cap against euro + MORE

[Buzz_Burner_Fresh_Updates] CORRECTED-UPDATE 1-SNB stuns markets by scrapping cap against euro – reuters.com ZURICH, Jan 15 (Reuters) – The Swiss National Bank unexpectedly scrapped its cap on the franc on Thursday, sending the safe-haven currency crashing through the 1.20 per euro limit it set more than three years ago. Continue Reading On reuters.com » THE SWISS […]

China money rates fall sharply in 2014 on policy easing, more steps seen in new year

[Buzz_Burner_Fresh_Updates] China money rates fall sharply in 2014 on policy easing, more steps seen in new year – reuters.com SHANGHAI/HONG KONG, Dec 31 (Reuters) – Chinese money rates dropped sharply as 2014, a consequence of how Beijing in the second half abandoned a tight liquidity stance and then made back-door liquidity injections and surprised with […]