Pension Funds Oppose Combined BofA Chairman, CEO Roles 

Two major public pension funds joined the drive for Bank of America Corp. shareholders to oppose a corporate bylaw change that lets Brian Moynihan serve as both chief executive and chairman.

 
Portuguese Central Bank Ends Talks With Anbang Over Novo Banco Sale 

Portugal's central bank will now enter talks with another bidder for the Portuguese bank created out of failed lender Banco Espírito Santo last year.

 
Nasdaq to Sell Surveillance Technology to China 

Nasdaq OMX Group will supply market-surveillance technology to a Chinese securities exchange and some mainland financial firms, as Beijing steps up scrutiny of its financial industry.

 
Gazprom Posts 29% Net Profit Growth 

Russian state gas giant PAO Gazprom said net profit for the second quarter was up 29% from the same period last year as a higher ruble price made up for lower sale volumes in its most-lucrative European market.

 
Commerzbank to Start Operations in Brazil 

Germany's Commerzbank received authorization from the Brazil's central bank to operate in Latin America's largest nation, where it will focus on small and medium-size German and European companies.

 
Whirlpool Counterbids for Oven-Maker AGA 

Whirlpool has approached AGA Rangemaster, the iconic British maker of cast-iron ovens, over a possible cash bid, turning up the heat on Middleby Corp. which agreed in July to buy AGA for $198 million.

 
Valeant Strikes Psoriasis-Drug Pact With AstraZeneca 

Canada's Valeant Pharmaceuticals has struck a deal with AstraZeneca of the U.K. to develop and sell psoriasis treatment brodalumab.

 
Marissa Mayer Expecting Twins 

Yahoo Chief Executive Marissa Mayer is expecting twin girls and expects to take "limited time away," the CEO announced via a blog posting.

 
India's Google Investigation Moves Forward 

Findings from the probe into Google's search practices have been submitted to India's antitrust watchdog.

(END) Dow Jones Newswires

September 01, 2015 07:52 ET (11:52 GMT)

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