U.S. stock indexes were lower on Monday, pressured by a drop in technology and energy companies and muted appetite for equities after last week’s spike in Treasury yields following healthy economic data.
The European Union’s banking supervisor said on Monday it has begun preliminary inquiries into how Denmark’s financial watchdog supervised Danske Bank , which faces a widening probe into suspected money laundering.
Schroders could soon help manage the money of people with significantly less in their bank accounts than the super-rich it has targeted so far, if talks with Lloyds about a wealth management tie-up succeed.
Fiat Chrysler (FCA) said on Monday it had kicked-off preparations for the production of a plug-in hybrid version of the Jeep Renegade as the carmaker pushes ahead with its electrification drive to meet tougher emissions rules.
U.S. stocks fell at open on Monday, as a drop in crude prices hurt energy companies and on muted appetite for equities after last week’s spike in Treasury yields following healthy economic data.
The pound can strengthen 5 to 10 percent from current levels because Britain and the European Union are likely to reach an agreement to avert a disorderly Brexit, the head of sterling portfolios at fund management giant PIMCO said on Monday.
Emerging markets were “as prepared as they can be” for changes to U.S. monetary policy as the Federal Reserve had been as “transparent” as possible, St. Louis Federal Reserve Bank President James Bullard said in Singapore on Monday.
German generic drugmaker Stada is vying with a group of European buyout funds for control of Bristol-Myers Squibb’s French over-the-counter drugs business, sources familiar with the matter told Reuters.
Facebook Inc on Monday released a smart speaker designed to ease video calls, but the company’s history of privacy mishaps and the device’s price and limited functionality could slow it from taking on market leaders Amazon.com Inc and Alphabet Inc’s Google.
Starbucks Corp said on Monday that it named Patrick Grismer as its new chief financial officer replacing Scott Maw.
U.S. software giant Microsoft is set to win unconditional EU antitrust approval for its $7.5 billion purchase of privately held coding website GitHub, two people familiar with the matter said on Monday.
The pound can strengthen 5 to 10 percent from current levels because Britain and the European Union are likely to reach an agreement to avert a disorderly Brexit, PIMCO’s head of sterling portfolios said on Monday.
EU antitrust regulators are set to approve Microsoft’s $7.5 billion bid for coding website GitHub without demanding concessions, two people familiar with the matter said on Monday.
European markets fell on Monday as investor confidence took a knock from last week’s spike in Treasury yields and from a Chinese market slump brought on by concern that an escalating trade war with the United States could curb China’s growth.
St. Louis Federal Reserve Bank President James Bullard said on Monday that any further interest rate hike in United States this year should depend on data, but that indicators were “looking good”.
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