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Dow-DuPont $77bn merger gets EU nod

  Bloomberg Dow Chemical Co. and DuPont Co. won European Union approval for a $77 billion merger, overcoming regulators’ concerns with hefty concessions, including the sale of large parts of DuPont’s global pesticide business. The takeover, announced a year ago, is the first to win EU approval out of a trio of mega-deals that would reshape the global agrochemicals industry. ...

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German business confidence increases to strongest since 2011

  Bloomberg German business sentiment climbed to the strongest since July 2011 in a sign that the economy is sustaining its momentum as revival in global trade trounces fears of rising protectionism. The Munich-based Ifo institute’s business climate index rose to 112.3 in March from a revised 111.1 in February. That beat the median estimate of 111.1 in a Bloomberg ...

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‘Driverless cars will be key opportunity for investors’

  Bloomberg Fund manager Elizabeth Soon is on the lookout for her third “a-ha” moment. If her latest theme pans out as well as the first two, investors should start looking at driverless car suppliers. So far, Soon’s moments of investor clarity in almost a decade at PineBridge Investments Asia Ltd. have been related to the smartphone — both of ...

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