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Biggest USA takeover in China in decade hangs on board spat

  Bloomberg Air Products & Chemicals Inc. has hit a bump as it attempts the largest US takeover of a Chinese firm in more than a decade, stymied by an extended boardroom battle at Yingde Gases Group Co. A divided board of the Hong Kong-listed firm failed to agree on a panel needed to review the offer, but has asked ...

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SK Hynix profit tops estimates on surging memory-chip prices

  Bloomberg SK Hynix Inc., a supplier of memory chips to Apple Inc., posted fourth-quarter profit that topped analysts’ estimates as semiconductor prices surged on robust demand for bigger storage in mobile devices and computers. Operating profit rose 55 percent to 1.54 trillion won ($1.3 billion) in the three months ended December, the Icheon, South Korea-based company said in a ...

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Germany to enter areas where US retreats

  Bloomberg Germany will step into global markets the US abandons and take on a bigger role on the international stage if the administration of President Donald Trump continues its shift toward protectionism, Foreign Minister Sigmar Gabriel said. Speaking on his first day in his new post in Berlin, Gabriel said Germany’s “arms will remain outstretched” to the US to ...

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