Hess Investors Advised by Glass Lewis to Back Chevron Deal
Chevron Corp.’s $53 billion deal to buy Hess Corp. received a nod of support from a major proxy advisory firm that said shareholders should vote in favor of it.
Chevron Corp.’s $53 billion deal to buy Hess Corp. received a nod of support from a major proxy advisory firm that said shareholders should vote in favor of it.
China’s government plans to hold a meeting with key officials on Friday morning to discuss the property market, including a proposal to clear excess housing inventory, according to people with knowledge of the matter.
China’s consumer spending growth unexpectedly slowed in April while industrial production accelerated, highlighting the lopsided recovery of the world’s second-largest economy.
Country Garden Holdings Co. has begun a major legal battle, squaring off in a Hong Kong court against a creditor seeking the liquidation of the defaulted Chinese developer.
The yen fell after the Bank of Japan left bond purchase amounts unchanged, following up with a surprise cut to debt buying with no change in operations on Friday.
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