Caterpillar CEO Says World Economic Outlook Is Uncertain -FT
Caterpillar Inc.'s (CAT) chief executive said the global economic outlook is more uncertain now than during late 2008, although the situation isn't as severe, The Financial Times reported Sunday.
Layoffs At 'Tonight Show' As Leno Takes Pay Cut
NBC Universal is laying off between 20 and 25 staff members from the 'Tonight Show', according to a report in the Los Angeles Times Sunday.
Wahaha Eyes United Biscuits' GBP520 Million Snack Business - Report
Chinese food and beverage firm Wahaha is in the lead to buy United Biscuits' KP Snacks business for 520 million pounds ($816 million), The Sunday Telegraph reports.
RWE CEO Can't Rule Out Job Losses Over Next Decade - Report
The chief executive of German utility RWE AG (RWE.XE) can't rule out job cuts over the next 11 years due to the current economic turmoil, according to an interview to be published in Monday's edition of Handelsblatt.
Netflix To Attempt Outbidding BSkyB For Movie Rights - Report
U.S. film-streaming service Netflix Inc. (NFLX) will attempt to outbid British Sky Broadcasting Group PLC (BSY.LN) in securing the premium rights to movies from Hollywood's six biggest studios, the Sunday Telegraph reports.
Diageo Close to Buying Jose Cuervo For $3 Billion - Report
U.K. drink maker Diageo PLC (DGE.LN) is close to a deal to buy the Jose Cuervo tequila business from Mexico's Beckmann family for about $3 billion, the Sunday Times reports.
VW Labor Chief Doesn't Support Further Acquisitions - Report
Volkswagen AG's (VOW.XE) labor chief rejects further acquisitions by the car maker in the foreseeable future, according to a pre-released interview for Monday's edition of business daily Handelsblatt.
HSBC To Fight Regulators "To The Death" Over Dividend - Report
U.K. banking group HSBC Holdings PLC (HBC) is willing to "fight to the death" to prevent U.K. regulators from attempting to force it to stop paying its dividend in order to preserve capital, The Sunday Telegraph reports.
Investor Questions Standard Chartered Over $340 Million Fine - Report
One of Standard Chartered PLC's (STAN.LN) key U.K. investors has questioned the bank's decision to pay a $340 million fine for suspect Iranian dollar trades, despite insisting that the claims against it were flawed, the Sunday Telegraph reported.