Reuters – Charles Evans, president of the Chicago Federal Reserve Bank, said on Monday he expects the U.S. economy to grow 3.0 to 3.5 percent over the next 18 months, but that low inflation will give the central bank room to keep monetary policy easy for an extended period. Read More Feds Evans says low [...]
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Reuters – Sanofi-Aventis is to buy U.S. consumer healthcare group Chattem Inc for around $1.9 billion, in a deal which will give the French drugmaker over-the-counter presence in the huge United States market.
Read More Sanofi to buy US group Chattem for 19 billion
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Reuters – General Motors Co said on Monday it had hired Chris Liddell, the chief financial officer of Microsoft Corp , as its new finance chief, filling a key position with the automaker’s highest-profile hire since its July bankruptcy. Read More GM names Microsofts Liddell as CFO
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Reuters – Terex Corp , the world’s No. 3 maker of heavy earth-moving equipment, is to sell its mining business for $1.3 billion cash to mining equipment maker Bucyrus International Inc , the companies said on Sunday. Read More Bucyrus to buy Terex mining unit for 13 billion
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