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Trian seeks seat for Peltz on P&G board

FILE PHOTO – Nelson Peltz speaks at the WSJD Live conference in Laguna Beach, California October 25, 2016. Nelson Peltz’s Trian Fund Management LP said on Monday it was seeking a seat for its billionaire chief executive at Procter & Gamble Co’s (PG.N) board as... More »

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Loeb`s Third Point targets `staid` Nestle for change

A Kitkat chocolate bar is pictured in the supermarket of Nestle headquarters in Vevey, Switzerland, February 16, 2017. REUTERS/Pierre Albouy Activist investor Daniel Loeb’s Third Point LLC on Sunday unveiled a stake of more than 1 percent in Switzerland’s Nest... More »

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Asia demand, hedging boosts trading in forward U.S. oil contracts

FILE PHOTO – A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford/File Photo Trading volumes and open interest in U.S. crude futures soared in 2016, particularly among buye... More »

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Supreme Court gets rid of delay defense in patent cases

A U.S. Supreme Court ruling on Tuesday in a lawsuit over adult diapers will make it more difficult for companies accused of patent infringement to shoot down lawsuits because the plaintiffs waited too long to bring them. More »

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Helicopter with business executives crashes in Istanbul, kills five

Forensic experts examine the scene after a helicopter crashed in Istanbul, Turkey, March 10, 2017. REUTERS/Osman Orsal A helicopter carrying an executive of the Turkish Eczabicasi group and four Russians, including the firm’s Russian operations chief, crashed ... More »

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Unilever says Kraft`s shock bid to spur focus on short-term value

The company logo for Unilever is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 17, 2017. REUTERS/Brendan McDermid/File Photo Unilever (ULVR.L) said the shock of Kraft Heinz’s (KHC.O) opportunistic approach... More »

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Companies with long-term view do prevail: James Saft

The company logo for Unilever is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 17, 2017. REUTERS/Brendan McDermid In a world in which most investment managers are paid to be short- or medium-term in their ... More »

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Soros Fund Management buys new stakes in financials

Business magnate George Soros arrives to speak at the Open Russia Club in London, Britain June 20, 2016. REUTERS/Luke MacGregor/File Photo Soros Fund Management, the firm that invests the personal fortune of billionaire investor and philanthropist George Soros... More »

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Trian takes $3.5 billion stake in Procter & Gamble

FILE PHOTO – The logo of Dow Jones Industrial Average stock market index listed company Procter & Gamble (PG) is seen on a tube of toothpaste in Los Angeles, California, United States, April 25, 2016. REUTERS/Lucy Nicholson Trian Fund Management LP disclosed a... More »

No longer the bad guy, Tesco set to reassert UK dominance

A discarded carrier bag is seen in a shopping trolley outside a Tesco supermarket in London, Britain, January 5, 2015. REUTERS/Luke MacGregor/File Photo Two years after an accounting scandal plunged Tesco into the worst crisis in its 97-year history, the Briti... More »

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Investors urge food companies to shift from meat to plants

A group of 40 investors managing $1.25 trillion in assets have launched a campaign to encourage 16 global food companies to change the way they source protein for their products to help to reduce environmental and health risks. More »

Cerberus nears deal to buy Avon’s North American business: WSJ

Private equity firm Cerberus Capital Management LP [CBS.UL] is close to an agreement to buy Avon Products Inc’s (AVP.N) North American business for $170 million, the Wall Street Journal reported on Thursday. New York-based Cerberus will also invest $435 millio... More »

Procter & Gamble: Time for a split – Barron’s

NEW YORK Executives of consumer-products giant Procter & Gamble Co (PG.N), the maker of Tide detergent and other household goods, should consider breaking up the company to improve its beleaguered performance, Barron’s financial newspaper said. The “radical ac... More »

YouTube to provide viewability of ads to advertisers: FT

Google Inc’s YouTube is planning to provide advertisers with data on how many of the ads on its internet video service can be seen by viewers, in response to advertiser complaints, according to the Financial Times. The online story, which cited unnamed people ... More »

Ad executives cautious about growth, gear up for contract battle

CANNES (This version of the story corrects figures on Publicis contract wins, paragraph 13) The reluctance of big companies to spend at a time of lacklustre global growth and fewer major sporting events this year are dampening demand for advertising, said the ... More »