Top News

Exclusive: J&J attracts Chinese interest for diabetes business in potential $3-4 billion deal - sources

HONG KONG (Reuters) - Chinese bidders are circling a diabetes care business owned by the world's largest healthcare company Johnson & Johnson in a deal that could fetch up to $4 billion, five people with direct knowledge told Reuters.

Business

Germany's Continental hires JP Morgan for potential break-up: sources

FRANKFURT/LONDON (Reuters) - Germany's Continental AG has hired JP Morgan to advise on a possible break-up, sources told Reuters, as the auto parts maker repositions for a market focused on electric and self-driving vehicles.

Business

Indonesia central bank warns over cryptocurrencies

JAKARTA (Reuters) - Indonesia's central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system.

Business

Berkshire energy unit names CEO to replace potential Buffett successor

(Reuters) - Berkshire Hathaway Inc's energy unit on Thursday named William Fehrman as its new chief executive to replace Gregory Abel, who was promoted a day earlier to oversee more Berkshire units, and potentially succeed Warren Buffett.

Entertainment

Actor Michael Douglas makes pre-emptive move to deny sexual misconduct

LOS ANGELES (Reuters) - Oscar winning actor Michael Douglas has issued a pre-emptive denial of a sexual misconduct accusation, saying he wanted to get ahead of a potential story being investigated by Hollywood publications.

Business

Berkshire promotes potential Buffett successors Abel, Jain

(Reuters) - Berkshire Hathaway Inc on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, cementing their status as the most likely successors to Warren Buffett to run the conglomerate.

Politics

Trump spoke by phone to Mitt Romney, White House official says

WASHINGTON (Reuters) - President Donald Trump spoke by phone with former Republican presidential nominee Mitt Romney, a White House official said on Friday, as Romney girds for a potential run for a U.S. Senate seat in Utah.

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