Business

Toymaker Hasbro Inc (HAS.O) is in talks to buy Hollywood studio DreamWorks Animation SKG Inc (DWA.O), the New York Times reported, citing people briefed on the matter.

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) said it would buy Procter & Gamble Co's (PG.N) Duracell battery business in exchange for its entire $4.7 billion stake in the world's No. 1 household products maker.

Bank of Nova Scotia filed with U.S. regulators to offer common shares, preferred shares and debt worth up to $7 billion. Scotiabank, Canada's No. 3 lender, said in a filing with the U.S. Securities and Exchange Commission that proceeds from the offering would be used for general banking purposes.