Syngenta to Sell Business Unit, Start Share Repurchase Program 

Syngenta AG on Thursday moved to appease shareholders angered by its rejection of a takeover from Monsanto Co., saying it will divest its global vegetables seeds business and return more than $2 billion to shareholders. (published 0529 GMT)

 
 
Impala Platinum Holdings Ltd. Swings to Loss in Fiscal 2015, as Expectated 

South-Africa based miner Impala Platinum Holdings Ltd. reported Thursday that it swung to a loss in fiscal 2015, due to costs associated with ramping up South African operations following a five-month strike, lower metals prices, and the unexpected closure of a Zimbabwe mine. (published 0549 GMT)

 
 
Costco Same-Store Sales Rose Significantly in Fiscal 2015 

Costco Wholesale Corp. said Wednesday that sales in stores open at least a year grew significantly during fiscal 2015, adding to a string of strong sales figures for the warehouse retailer at a time when competitors are reporting mixed results. (published 0257 GMT)

 
 
Rio Tinto Upbeat on Steel Outlook, Doubles Down on Costs 

Rio Tinto PLC expressed confidence in the outlook for demand for its iron ore on Thursday, as the company forecast global steel demand to rise an average 2.5% a year until 2030. (published 0332 GMT)

 
 
Ayala Sells Part of Stake in Philippine Wind Farm to Mitsubishi Unit 

Philippine conglomerate Ayala Corp. said Thursday it has sold a part of its stake in North Luzon Renewable Energy Corp., the owner and operator of an 81-megawatt wind farm north of Manila, to a unit of its long-time partner Mitsubishi Corp. of Japan. (published 0328 GMT)

 
 
Proxy Advisor Glass Lewis Opposes BofA Board Proposal -- 2nd Update 

Proxy advisory firm Glass Lewis & Co. is recommending shareholders vote against a board proposal by Bank of America Corp. that would let the bank's chief executive, Brian Moynihan, keep the title of chairman. (published 0115 GMT)

 
 
Australia Defers Decision on Shell's Takeover of BG 

Australia's antitrust regulator has given itself more time to consider Royal Dutch Shell PLC's planned takeover of U.K.-based oil-and-gas firm BG Group PLC. (published 0050 GMT)

 
 
Production Woes at Oil-Sands Giant Syncrude to Impact Full-Year Output 

Canadian Oil Sands Ltd., the largest owner of the giant Syncrude oil-sands project, said Wednesday that production of synthetic crude would be "minimal" for two weeks after a weekend fire at Syncrude's main plant, and that the lost production would impact its annual output. (published 0017 GMT)

(END) Dow Jones Newswires

September 03, 2015 02:00 ET (06:00 GMT)