(Reuters) – Wall Street was set to open higher on Monday after the United States and China put a potential trade war “on hold” to work on a wider agreement, and as the announcement of $27.6 billion worth of merger deals lifted sentiment.
LONDON (Reuters) – Britain said it was unlikely to refer Comcast’s bid for Sky for a lengthy investigation after an initial review found that the $30 billion offer did not raise public concerns about media ownership.
Now that Ford’s hacking its U.S. car lineup down to the Mustang and the not-exactly-a-car Focus Active, we’ll spend awhile getting to read about hot cars for other markets. First up: Motoring predicts that Ford is finally preparing a Fiesta RS. We’ve had four years of rumors about the super-hot hatch with nothing to show — or we could cite 14 years of hankering if we go back to the 2004 Fiesta RS concept. Motoring believes this time’s for real because when it asked Ford Performance Europe …read more […]
HMD Global, the Finnish company that owns the right to use the Nokia brand on phones, has raised $100 million of funding intended to boost growth, it said on Monday. Having sold about 70 million Nokia phones and generated sales of 1.8 billion euros (1.6 billion pounds) in its first year, 2017, HMD said it plans to expand its Nokia smartphone range and to double sales channels in key markets this year. The fundraising round was led by Ginko Ventures, a fund owned by Jean-Francois Baril, a long-serving former senior vice president at Nokia. …read more […]
(Reuters) – Private equity firm Blackstone Group LP said on Monday it would buy U.S. hotel owner LaSalle Hotel Properties for $3.7 billion, topping a rival bid from Pebblebrook Hotel Trust in April for $3.5 billion.
The stock prices of the two companies have diverged significantly since the bid was abandoned. Should Rockwell Automation regret not accepting the offer? …read more […]
BRUSSELS (Reuters) – A European Parliament meeting on Tuesday with Facebook CEO Mark Zuckerberg will be broadcast live, parliamentary officials and the company said on Monday after controversy over plans for a closed-door hearing.
With the stock market continuing to rise, value is getting hard to find. Here are three top stocks to consider. …read more […]
(Reuters) – General Electric Co confirmed on Monday it was unloading the bulk of its transportation business which makes train engines to Wabtec Corp , a U.S. manufacturer of equipment for the rail industry, in a deal valued at about $11.1 billion.
The Facebook founder Mark Zuckerberg’s meeting with elected representatives …read more […]
(Reuters) – U.S. stock index futures jumped on Monday, with manufacturers and chipmakers leading the gainers, after the United States and China put a potential trade war “on hold” while the world’s two biggest economies work on a wider agreement.
Facebook wants to be everywhere on the planet, even if that means building the …read more […]
If mobile 5G is going to become more than a nice idea, it needs the thorough …read more […]
LONDON (Reuters) – A British court has dismissed charges brought by the Serious Fraud Office (SFO) against Barclays over its 2008 capital raising, the bank said on Monday, suspending for now the threat of regulatory sanctions on its business operations over the matter.
Hint: It’s not money. …read more […]
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