GSK's $13 Billion Novartis Deal Is Only Just the Start

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GSK's $13 Billion Novartis Deal Is Only Just the Start

GlaxoSmithKline Plc's new-ish CEO is proving to be an adroit negotiator. On Tuesday, Emma Walmsley agreed to pay $13 billion for Novartis AG's stake in the companies' consumer healthcare joint venture, which owns brands like Sensodyne toothpaste and Nicorette nicotine patches. It isn't a cheap
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Citigroup Acted. Now, Two New Ideas on How Banks Can Limit Gun Sales.

A gun shop in Virginia. Asked about the response to Citibank's new restrictions on gun sales by its retail clients, the chief executive, Michael Corbat, said, “The positives have significantly outweighed the negatives.
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Deutsche Bank Chairman Holds Talks With CEO Candidates

“I think the main problem at Deutsche Bank is Mr Paul Achleitner,” Stefan Mueller, CEO of DGWA, the German Institute for Asset and Equity Allocation and Valuation, said on Bloomberg Television on Tuesday. “He implemented all these CEOs in the last years to make it happen that Deutsche Bank,
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Local US Officials Woo Chinese Investment Despite Trump Threat

With the Trump administration acting to squeeze China on trade, U.S. governors and mayors are delivering a different message to Chinese businesses looking to invest: Bring it on. Making trips to China and setting up liaison offices in the country, officials aim to position their states, cities and towns as
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Foxconn buys Belkin, Linksys and Wemo for $866 million

Video: This pint-sized smart plug is Belkin's best yet. A subsidiary of iPhone manufacturer Foxconn, Foxconn Interconnect Technology, has acquired Belkin, which also owns the Linksys and Wemo brands, the company announced on Tuesday.
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