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Siemens to buy Mentor Graphics in $4.5 billion deal

November 14, 2016 by · Leave a Comment 

Siemens agreed to buy U.S.-based Mentor Graphics in a $4.5 billion cash deal that will further enhance the German engineering group's industrial software capabilities. Siemens said on Monday it …

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Siemens to buy Mentor Graphics in $4.5 billion deal

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Samsung to buy car tech firm Harman for $8 billion, South Korea’s biggest overseas deal

November 14, 2016 by · Leave a Comment 

By Hyunjoo Jin and Miyoung Kim SEOUL (Reuters) – Samsung Electronics announced an $8 billion deal on Monday to buy Harman International Industries, marking a major push into the auto electronics market and the biggest overseas acquisition ever by a South Korean firm. The electronics giant previously shunned big acquisitions, and the latest deal underscores a strategic shift as the company tries to break into the high-barrier automotive industry where it has little…

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Samsung to buy car tech firm Harman for $8 billion, South Korea’s biggest overseas deal

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Dollar soars as U.S. yields spike; global shares divided

November 14, 2016 by · Leave a Comment 

By Marc Jones LONDON (Reuters) – The U.S. dollar hit an 11-month peak on Monday as the risk of faster domestic inflation and wider budget deficits if Donald Trump goes on a U.S. spending binge sent Treasury and other benchmark global bond yields ever higher. The pan-European STOXX 600 index rose 1.1 percent, underpinned by gains among banks on hopes higher interest rates will help their profits and mining companies, which have been cheering Trump's…

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Dollar soars as U.S. yields spike; global shares divided