lf Mark Schneider, the new chief executive of Nestle SA, is wasting no time in hunting out acquisitions.The Swiss consumer group is considering a takeover of Mead Johnson Nutrition Co., the US baby-formula producer, according to a report yesterday from StreetInsider. But right now, Nestle’s sprawling portfolio needs pruning, not fresh additions. This looks like a deal it should …

  It is no exaggeration to say that a bizarre new phase in human history began on January 20 as Donald J. Trump becomes the world’s most powerful man. All bets, to put it mildly, are off. Those entrusted to report on and analyze the contemporary world are especially befuddled. One can condemn Trump’s open loathing for the mainstream media. …

  DUBAI / Reuters Share prices in Kuwait jumped in very heavy trade on Sunday, the top performing market in a strong Gulf region, while tax fears continued to weigh on prices in Egypt. The Kuwaiti market index surged 3.2 percent, its biggest rise in more than two years, to a 23-month high, while trading volume was the biggest since …