Laura Board is The Deal’s international editor. Based in London, she leads a team producing news and features on corporate finance and regulation from Brussels to Brisbane. Board joined the The Deal shortly after its 1999 launch from the Financial Times. Before that, she worked at Bloomberg News in Frankfurt and London and at Retail Week. She speaks French, Italian, German and Spanish.
A rising yen dampens Japanese stocks, while Australian equities move higher as the second-quarter GDP growth rate halves.
The all-stock deal would hand Spectra 43% of the enlarged company and the chairman job.
The recently slimmed-down buyer will pay $4 billion including debt for the molecular diagnostics specialist.
Slowing growth in household expenditure pulls the growth rate down from a revised 0.5% in the first quarter.
Payment systems maker Ingenico plunges in Paris after cutting its full-year forecast but British homebuilders take heart from updates from Berkeley and Redrow.
RBA Governor Stevens cites a lower outlook for inflation than previously forecast among policymakers' reasoning.
The pound rises against the euro and the dollar following the data.
The central bank chief pledges to stick with its easing measures as it strives to get inflation up to its elusive 2% goal.
The Caixin/IHS Markit purchasing managers' index moves deeper into expansion territory, though new order growth slows.
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