HomeReuters Business Headlines – Japan, Bill Gates, United Kingdom, Elan Corp., Smithfield FoodsBusinessReuters Business Headlines – Japan, Bill Gates, United Kingdom, Elan Corp., Smithfield Foods

Reuters Business Headlines – Japan, Bill Gates, United Kingdom, Elan Corp., Smithfield Foods

Stock futures rise, boosted by Japan data
Stock futures were higher after data showed Japan’s economy gained momentum, while investors were likely to continue to gauge when the Federal Reserve may slow the pace of its stimulus program.

Bill Gates buys into British security firm G4S
G4S says that the Bill & Melinda Gates Foundation Trust and Cascade Investment, an asset management firm owned by Bill Gates – one of the world’s richest people – increased their combined holding in G4S to 3.2 percent by acquiring around 6 million more shares

UK lawmakers to launch inquiry into central bank watchdog’s independence
British lawmakers said they would conduct an inquiry into the independence of the Bank of England’s new financial risk watchdog, following questions over its relationship with government and its appointment process.

Royalty Pharma urges U.S. court to let Elan bid proceed
Investment partnership Royalty Pharma urged a federal court in New York to allow it to proceed with a potential $8 billion bid for Irish drug company Elan Corp.

Smithfield deal may face state hurdles as Midwest laws eyed
Decades-old laws barring foreign ownership of farmland in Iowa, Missouri and at least 3 other Midwest states may complicate Shuanghui International’s $4.7 billion planned purchase of U.S. pork powerhouse Smithfield Foods



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