Lafarge and Holcim to Sell U.S., Canadian Assets to Clear Way for Merger -- Update

French cement giant Lafarge SA and Swiss rival Holcim Ltd. have agreed to sell several plants, terminals and a quarry in the U.S. and Canada, clearing the way for their proposed merger. (published 0037 GMT)

 
 
Chinasoft International Raising HK$184 Million in Share Placement

Chinasoft International Ltd. announced its second fundraising plan in less than a week, raising 184 million Hong Kong dollars in a share placement. (published 0023 GMT)

 
 
Wasion Group Raising HK$658.8 Million in Top-Up Placement

Wasion Group Holdings Ltd. is raising 658.8 million Hong Kong dollars in a top-up share placement. (published 0007 GMT)

 
 
Vongroup Expects to Remain in Loss for Full Year Ended April

Vongroup Ltd. said Tuesday it will remain in loss for the full-year ended April. (published 0038 GMT)

 
 
Nufarm Appoints Greg Hunt as CEO, Managing Director

Nufarm Ltd. has confirmed Greg Hunt as the agricultural chemicals company's chief executive and managing director. (published 2344 GMT Monday)

 
 
Cisco's New CEO Is an Insider, Sales Pro

Cisco Systems Inc. named a new boss who seems a lot like the old boss. (published 2343 GMT Monday)

 
 
BofA Relents on Vote Over Moynihan's Dual Roles -- 3rd Update

When Bank of America Corp.'s board decided last fall to disregard a binding shareholder vote and give the chairman job to Chief Executive Brian Moynihan, it painted the move as a smooth and natural progression of his career. It hasn't turned out that way. (published 2247 GMT Monday)

 
 
Cisco Systems Names Chambers Replacement--6th Update

John Chambers is ending his 20-year run atop Cisco Systems Inc. on a high note, handing the reins to a dark-horse internal candidate with the company's shares near a five-year high. (published 2321 GMT Monday)

 
 
Boeing Pursues Fresh Deal With Spirit AeroSystems

Boeing Co. and one of its largest suppliers on the 787 Dreamliner program are continuing talks on a deal that would raise its procurement costs on the jet, but potentially yield bigger savings on other planes under development. (published 2246 GMT Monday)

 
 
Shift at McDonald's: Company Moves Toward More Franchising-- 3rd Update

The new chief executive at McDonald's Corp. plans to sell more restaurants to franchisees and restructure international operations to cut $300 million in annual costs and create a more nimble business. (published 2244 GMT Monday)

 
 
ANZ First-Half Profit Rises 3.4%

Australia & New Zealand Banking Group Ltd. said its first-half profit rose 3.4% as growth in its home markets was bolstered by its international operations. (published 2209 GMT Monday)

 
 
Estia Health Buys 4 Aged Care Facilities in Australia

Australia's Estia Health Ltd. said Tuesday it has acquired four more aged care facilities, putting it on track to reaching a target of 10,000 beds by the end of the 2020 financial year. (published 2243 GMT Monday)

 
 
Goldman to Emphasize Digital Banking Services

Goldman Sachs Group Inc. is preparing for a more digital future. (published 2202 GMT Monday)