Dairy firm Arla ups investments to meet emerging market demand

COPENHAGEN, Jan 31 (Reuters) - Denmark-based dairy company Arla Foods aims to increase its investments this year by almost 60 percent to meet growing global demand for dairy products and consumers' shift to healthier options.

from Reuters: Company News http://ift.tt/2GA3aoO

BRIEF-Xerox Reports Q4 Adjusted Earnings Of $1.04/Share

* XEROX REPORTS STRONG FOURTH-QUARTER 2017 RESULTS; DELIVERS ON FULL-YEAR COMMITMENTS

from Reuters: Company News http://ift.tt/2rRG21v

Acting Steinhoff chair says have reported former CEO to police

CAPE TOWN (Reuters) - Steinhoff has reported its former chief executive Markus Jooste to South Africa's elite 'Hawks' police unit, the company's acting chairwoman told parliament on Wednesday.

from Reuters: World News http://ift.tt/2DKm9uP

UPDATE 2-Shell says to sell its stake in Thai Bongkot fields to PTTEP for $750 mln

* Raises PTTEP's stake in Bongkot to 66.7 pct (Adds analyst comments)

from Reuters: Company News http://ift.tt/2DOWxRv

Fujifilm to take over Xerox, combined into joint venture

TOKYO, Jan 31 (Reuters) - Japan's Fujifilm Holdings is set to take over Xerox Corp, and combine the U.S. company into their joint venture Fuji Xerox in an effort to cut costs, the companies said on Wednesday.

from Reuters: Company News http://ift.tt/2rWjKfj

Fujifilm to take over Xerox, combined into joint venture

TOKYO (Reuters) - Japan's Fujifilm Holdings is set to take over Xerox Corp, and combine the U.S. company into their joint venture Fuji Xerox in an effort to cut costs, the companies said on Wednesday.

from Reuters: Business News http://ift.tt/2EpFsuC

BRIEF-Russia's Yandex pushes back completion of deal with Uber

* The combination of Yandex's ride-sharing business with Uber in Russia and several other markets is expected to complete in first half of February 2018.

from Reuters: Company News http://ift.tt/2DRzuWB

ArcelorMittal CFO says remains concerned about Chinese overcapacity

BRUSSELS, Jan 31 (Reuters) - Steel maker ArcelorMittal remains concerned about Chinese overcapacity and resulting cheap imports coming into its main markets, the group's chief financial officer said.

from Reuters: Company News http://ift.tt/2nrseph

MIDEAST STOCKS-Gulf weak in early trade, real estate pulls down Dubai

DUBAI, Jan 31 (Reuters) - Gulf stock markets were mostly weak in early trade on Wednesday with real estate shares pulling down Dubai and petrochemicals weighing on Saudi Arabia.

from Reuters: Company News http://ift.tt/2DPTWHd

Chinese-built expressway divides Uganda as debts mount

KAMPALA, Jan 31 (Reuters) - Traffic will soar above the muddy swamp between Uganda's capital and its international airport when a new Chinese-built highway opens in a few months time, but the road itself is mired in controversy.

from Reuters: Company News http://ift.tt/2nsxvNb

Oil prices fall for 3rd day as US inventory build-up weighs

Oil prices fall for 3rd day as US inventory build-up weighs



Oil prices fell for a third day on Wednesday after data from an industry body showed U.S. crude stocks rose more than expected last week.

French coastguard searches for Quiksilver boss missing at sea

French coastguard searches for Quiksilver boss missing at sea



The French coastguard on Tuesday searched for Pierre Agnes, the chief executive of U.S. surfwear retailer Boardriders, after his 36-foot sailboat was found washed up on the country's Atlantic coast.

German industrial union steps up strike campaign

German industrial union steps up strike campaign



Germany's biggest industrial union has launched a campaign of 24-hour strikes after talks on demands for wage raises and an optional shorter working week broke down.

Siemens sales, orders rise on strengthening global economy

Siemens sales, orders rise on strengthening global economy



Industrial equipment maker Siemens AG says its net income rose 12 percent to 2.2 billion euros ($2.7 billion) in the last three months of 2017, helped by one-time gains from the sale of shares in its Osram lighting business and from the U.S. corporate tax cut.

Trump calls for optimism in spite of warnings of danger

Trump calls for optimism in spite of warnings of danger



Addressing a deeply divided nation, President Donald Trump summoned the country to a "new American moment" of unity in his first State of the Union, challenging Congress to make good on long-standing promises to fix a fractured immigration system and warning darkly of evil forces seeking to undermine America's way of life.

Fujifilm says to cut 10,000 jobs at joint venture with Xerox

Fujifilm says to cut 10,000 jobs at joint venture with Xerox



Japan's Fujifilm Holdings said it is cutting 10,000 jobs globally at its joint venture with Xerox, saying it needed to overhaul the photocopying business amid a tough market environment.

Auto sales may eke out gains in January: analysts

Auto sales may eke out gains in January: analysts



U.S. automakers are on pace to report modest sales gains in January, despite forecasts calling for softer demand in 2018.

Asian stocks mixed after Wall Street's sharp decline

Asian stocks mixed after Wall Street's sharp decline



Asian stocks were mixed Wednesday after Wall Street recorded its biggest decline since August.

Behind South Korea's chip boom, worries over future

Behind South Korea's chip boom, worries over future



The craze for smartphones, social media and universal connectivity is generating immense wealth but also deep unease in South Korea, source of a large share of the computer chips that make them work.

Most Americans don't understand the tax code: Survey

Most Americans don't understand the tax code: Survey



Tax season officially began on Monday, and a significant change to the U.S. tax code is causing more stress than usual among taxpayers this year.