General Mills to Buy Pet-Food Maker Blue Buffalo for About $8 Billion 
 

General Mills has agreed to buy Blue Buffalo Pet Products for about $8 billion, as the food giant looks for a piece of the fast-growing natural pet-food market.

 
Chinese Regulator Seizes Anbang 
 

China's insurance regulatory agency took control of hard-charging, acquisitive Anbang Insurance, saying the action is needed to avoid a collapse of the firm following suspected illegal activity and the downfall of its once-highflying chairman.

 
Royal Bank of Canada's Earnings Hit by Tax Charge 
 

Profits fell slightly at Royal Bank of Canada as the company recorded an anticipated charge from the new U.S. tax law.

 
Playing With $100 Billion, Warren Buffett Is Giant Trader of U.S. Treasury Bills 
 

Warren Buffett's Berkshire Hathaway has used its mounting cash pile to become one of the world's largest owners of U.S. Treasury bills after struggling to find big companies to buy in recent years.

 
RBS Makes First Full-Year Profit in Decade Despite 4Q Loss 
 

Royal Bank of Scotland said that it made its first full-year profit in ten years in 2017, despite a fourth-quarter loss.

 
Maersk Expects Uptick in Fuel Costs Due To New Maritime Regulations 
 

A. P. Moeller-Maersk A/S is bracing for higher expenses stemming from new rules that limit the sulfur content of bunker fuel from 2020 onward, the company's finance chief said.

 
Anbang and the Financialization of China's Economy 
 

Beijing just took over China's most notorious purveyor of dodgy wealth management products. The next phase of the debt crackdown might prove more damaging.

 
Auto Makers Race to Build a Cheaper Electric Car for India, Other Growing Markets 
 

The world's auto makers are vying to build an affordable electric car to target drivers in emerging economies and potentially create a competitor to Chinese-made vehicles.

 
China's Online Dating Giants Forge a New Relationship 
 

Two of the country's biggest online dating apps-Momo Inc. and Tantan Ltd.-are pairing off, with Momo announcing that it's paying about $763 million in a cash-and-stock acquisition of its chief rival.

 
Russian Tycoon Deripaska Quits as President of Rusal 
 

Russian tycoon Oleg Deripaska, who has faced scrutiny over his ties to the Kremlin and former Trump campaign chairman Paul Manafort, is stepping back from the presidency of his giant aluminum company.

(END) Dow Jones Newswires

February 23, 2018 09:00 ET (14:00 GMT)