Hanjin’s creditors ready to provide $90 million in funds

Deere posted lower quarterly earnings on Friday as the soft global agricultural economy depressed sales of its farming machinery.

Finally! Frank Ocean and Metallica unveil new albums after long gaps
Music fans woke up to exciting news with the announcements of new work from U.S. rock band Metallica and R&B singer Frank Ocean.

More and more companies are being swept up by ‘Pokemon Go’ phenomenon
The smartphone game “Pokemon Go” is a hit with fans and as it rolls out across Asia, the game is having an impact on businesses.

Short-sellers smell blood as Japan is wounded by accounting scandals
Short-sellers are setting their sights on Japan after a series of scandals amplified concerns about weak corporate governance.

Fed has limited room to maneuver on interest rate hikes: Kaplan
The normalization of monetary policy is hampered by a low neutral rate, Dallas Federal Reserve Bank President Robert Kaplan said on Thursday.

Viacom CEO to leave after long battle, will get a $72 million severance package
The settlement would end the battle for control over Redstone’s $40 billion empire that includes Viacom and CBS.

Viacom board expected to meet tonight to discuss Redstsone settlement: Source
An anonymous source said Viacom’s board expects to meet tonight to discuss a settlement with Redstone.

Lawyers working for pot businesses risk ethics violations
Attorneys looking to represent medical pot firms could be risking violations of professional ethics rules.

Buffett, Gates trim Deere holdings, planting seeds of doubt ahead of earnings
Stock sales by two big Deere investors could be a sign the farm machinery giant’s recovery may be slow to materialize.

A Brazil turnaround is on the way: Fixed income expert
Confidence in Brazil’s economy is returning, with bond and stock markets starting to rise, heralding a turnaround for the country.

Singtel to buy stake in Thailand’s Intouch, India’s Bharti Telecom
Singtel said the transactions will help enhance economic exposure to high growth markets in Thailand and India.

Sovereign debt is getting riskier, experts warn
Several signs point to increased risks around government-issued debt, recent research shows.

Panic in pumpkin beer patch: Shortage of crop and signs of waning demand
Shortages of pumpkins have left some brewers scared they may not have enough of the squash to make ale for Halloween.

Aetna CEO warned it would cut Obamacare if Humana deal was blocked
Aetna said to DOJ that it would exit much of the individual Obamacare insurance market if the agency challenged the merger.

Why HSBC chose to move on from being ‘the world’s local bank’
“The world’s local bank.” It’s a motto which instantaneously links itself to HSBC, yet the lender shook off the slogan years ago.

GIC partners for stake in US property firm, likely valuing it above $2 billion
Singapore’s GIC is among two investors buying 71 percent of U.S. property firm Yes Communities, in a deal likely valuing it above $2 billion.

Viacom, National Amusements resume settlement talks
Settlement talks between Viacom CEO Philippe Dauman and controlling shareholder Sumner Redstone have resumed after weeks of stops and starts.

AirAsia’s Fernandes says looking for a partner in China
Low-cost carrier AirAsia Group’s chief Tony Fernandes said he would love to have joint venture in China although talks are still in early stages.

In Hain’s accounting probe, the timing matters
Revenue-recognition questions surrounding Hain are not unique to them as others have faced similar issues over the years

Paul Tudor Jones’ firm is making major layoffs
Tudor Investment is undergoing a series of layoffs, in a reduction that could amount to more than 20 percent of staff.

Blockchain could be ‘revolutionary’ to this $2 trillion problem: HSBC
Blockchain could benefit trade, HSBC has told CNBC, after the bank unveiled a partnership with BOAML to trial the technology.

Cintas Corp to buy G&K Services for $2.2 billion
Cintas, which sells and leases uniforms, said it would buy G&K Services for about $2.2 billion, including debt.

Not so fast: Regulators block Steven Cohen’s latest plans to make money
The Commodity Futures Trading Commission’s decision comes after the Securities and Exchange Commission separately took action against Cohen.

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