Bhinneka News Online: Daily Investor Update: Japan's Renesas in talks to buy U.S. chipmaker Maxim: CNBC

Monday 29 January 2018

Daily Investor Update: Japan's Renesas in talks to buy U.S. chipmaker Maxim: CNBC

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Monday, January 29, 2018

Japan's Renesas in talks to buy U.S. chipmaker Maxim: CNBC

(Reuters) - Japanese chip company Renesas Electronics Corp is in talks to acquire U.S. chipmaker Maxim Integrated Products Inc in a deal that could be valued up to $20 billion, CNBC reported on Monday.

Coffee meets 7UP in Keurig, Dr Pepper Snapple deal

(Reuters) - Keurig Green Mountain has struck a deal worth more than $21 billion to combine with soda maker Dr Pepper Snapple Group Inc to form a North American drinks company with brands like Green Mountain Coffee, 7UP, Snapple and Sunkist.

Exxon plans major U.S. investments due to tax reform: CEO

HOUSTON (Reuters) - Exxon Mobil Corp plans to invest billions of dollars in the United States due in part to recently approved corporate tax rate cuts, the company's chief executive said on Monday.

Wall St. slides as Apple weighs

NEW YORK (Reuters) - Wall Street pulled back from record highs on Monday with the S&P 500 marking its biggest one-day percentage decline in about five months, weighed down by a slide in Apple shares.

Why Canada is the next frontier for shale oil

CALGARY, Alberta (Reuters) - The revolution in U.S. shale oil has battered Canada's energy industry in recent years, ending two decades of rapid expansion and job creation in the nation's vast oil sands.

Factbox: JAB's empire expands in soda with Dr Pepper Snapple deal

NEW YORK (Reuters) - JAB Holding Co, the private holding company of Germany's Reimann family, is taking on juice and soda in its latest acquisition, as its Keurig Green Mountain business scoops up U.S. beverage maker Dr Pepper Snapple Group .

U.S. authorities charge three banks, eight individuals in futures' spoofing' probe

WASHINGTON (Reuters) - The U.S. Justice Department and the country's derivatives regulator said on Monday they had filed civil and criminal charges against three European banks, which paid $46.6 million to settle the cases, and eight individuals for alleged manipulation in U.S. futures and commodities market.

U.S. rejects proposals to unblock NAFTA, but will stay in talks

MONTREAL (Reuters) - U.S. President Donald Trump's trade chief on Monday dismissed Canadian proposals for unblocking NAFTA modernization talks but pledged to stay at the table, easing concerns about a potentially imminent U.S. withdrawal from the trilateral pact.

Global stocks slip as Treasury yields hit three-year highs

NEW YORK (Reuters) - Global equity markets eased on Monday and U.S. Treasury yields surged to more than three-year highs after remarks by a European Central Bank official added to expectations that central banks globally will reduce stimulus as the economic outlook improves.

Trump security team sees building U.S. 5G network as option

WASHINGTON (Reuters) - President Donald Trump's national security team is looking at options to counter the threat of China spying on U.S. phone calls that include the government building a super-fast 5G wireless network, a senior administration official said on Sunday.