 | | | | Wall Street rallied on Wednesday as surging oil prices boosted energy stocks following U.S. President Donald Trump's decision the previous day to quit a nuclear deal with Iran. | | | | | | Sears Holdings Corp shares jumped about 17 percent on Wednesday after the company announced a tire service partnership with Amazon.com, part of Chief Executive Officer Edward Lampert's strategy to make the troubled retailer profitable again. | | | | | | (Reuters) - Twenty-First Century Fox Inc reported on Wednesday a 2 percent drop in quarterly revenue from a year earlier, which was boosted by the Super Bowl that Fox aired last year. | | | | | | LONDON/ZURICH/LOS ANGELES (Reuters) - Nestle's $7 billion licensing deal for Starbucks' retail business gives it a much-needed boost in its battle against JAB, the privately owned investment firm stirring up the coffee industry with a string of deals. JAB, the family office of Europe's billionaire Reimann clan, has built up the world's second-largest coffee business over the past five years. | | | | | | NEW YORK/MUMBAI (Reuters) - Walmart Inc said on Wednesday it will pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart in its largest-ever deal, an effort to compete with Amazon.com Inc in an important growth market. | | | | | | (Reuters) - Xerox Corp's board said on Wednesday it intended to resume merger discussions with Fujifilm Corp , seeking a superior deal to terms announced at the end of January that have spurred a complex proxy fight over the company. | | | | | | LONDON (Reuters) - Vodafone has agreed to pay $21.8 billion to buy Liberty Global's assets in Germany and eastern Europe to take the fight to rivals with a broader range of superfast cable TV, broadband and mobile services. | | | | | | DETROIT (Reuters) - Ford Motor Co shareholders should expect "fairly large" changes in the coming year, Executive Chairman Bill Ford Jr. told Reuters, building on the automaker's moves to discontinue some North American models and boost electric vehicle investment. | | | | | | (Reuters) - A majority of Sturm Ruger & Co investors on Wednesday voted to support a call for the gun maker to produce a report on the safety of its products, in what shareholder activists called the first victory for such a proposal. | | | | | | (Reuters) - Rolls-Royce Holdings Plc Chief Operating Officer Simon Kirby will leave the company in June as the British manufacturer looks to streamline its business, it said in a memo to staff seen by Reuters. | | | | | |
