(Reuters) - Automation equipment maker Rockwell Automation Inc said on Tuesday it had rejected an unsolicited acquisition bid from bigger rival Emerson Electric Co for more than $27 billion, arguing that the offer undervalued the company.
BRASILIA (Reuters) - Brazil's Senate approved a weaker version of a hotly disputed bill to regulate car-hailing services like Uber Technologies Inc [UBER.UL] on Tuesday after the U.S. company's chief executive warned it could make its business unworkable in the country.
CALGARY, Alberta (Reuters) - Canadian oil and gas drilling activity will climb 5 percent in 2018 as a gradual uptick in crude prices gives rise to cautious optimism among producers, an industry body forecast on Tuesday.
(Reuters) - A jump in shares of consumer companies Mondelez and Kellogg after their quarterly reports on Tuesday, along with further gains for tech stocks, helped Wall Street end October on a positive note.
NEW YORK (Reuters) - Citigroup Inc said on Tuesday it expects to record a $150 million pretax gain on the sale to American Express Co of a $1.2 billion credit card portfolio from its co-brand deal with Hilton hotels.
(Reuters) - Electronic Arts Inc's revenue forecast for the holiday quarter narrowly missed estimates on Tuesday as the game developer gears to face tough competition from rivals such as Activision.
NEW YORK (Reuters) - A hitch in a proposed merger of U.S. wireless carriers Sprint Corp and T-Mobile US has further boosted buoyant shares of cell tower stocks, which could benefit if there is no combined company to cut costs by reducing tower usage.
(Reuters) - A jump in shares of consumer companies Mondelez and Kellogg after their quarterly reports, along with further gains for tech stocks on Tuesday, put the three major Wall Street indexes on track for their best monthly gains since February.
BRASILIA (Reuters) - The chief executive of Uber Technologies Inc, Dara Khosrowshahi, said on Tuesday that his company's future in Brazil depends on government decisions, as the Brazilian Senate prepared to vote on regulating car hailing apps.
WASHINGTON (Reuters) - President Donald Trump said on Tuesday that he was not looking for the corporate tax rate reduction that the White House is seeks to be phased in over time.