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PPG Industries ups bid for Akzo Nobel to $28.8B

Mon, 24 Apr 2017 12:34:58 GMT2017-04-24T12:34:58Z

NEW YORK (AP) -- PPG Industries is boosting its offer for Akzo Nobel, looking to buy the industrial paints and chemicals company in a cash-and-stock deal valued at about $28.8 billion....



Business Highlights

Fri, 21 Apr 2017 23:07:37 GMT2017-04-21T23:07:37Z

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Fitch lowers Italy's credit rating to 1 notch above junk

Fri, 21 Apr 2017 22:55:41 GMT2017-04-21T22:55:41Z

Fitch Ratings has downgraded its rating on Italy's long-term debt, citing the country's huge debts, stagnant economy and divided politics....



Ousted Arconic CEO resigns from board of Morgan Stanley

Fri, 21 Apr 2017 21:22:23 GMT2017-04-21T21:22:23Z

NEW YORK (AP) -- Klaus Kleinfeld, who was ousted as CEO of Arconic after sending a threatening letter to the company's largest shareholder, has resigned from the board of directors of Morgan Stanley....



US Treasury rejects Exxon Mobil request to drill in Russia

Fri, 21 Apr 2017 21:14:29 GMT2017-04-21T21:14:29Z

WASHINGTON (AP) -- The Trump administration has rejected a request from Exxon Mobil to waive U.S. sanctions against Russia to allow the company to resume oil drilling around the Black Sea....