Month: September 2019

U.S. retail sales increased more than expected in August, pointing to solid consumer spending that should continue to support a moderate pace of economic growth.

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U.S. stocks were set to open higher for the third straight day on Friday on growing optimism around trade talks between the United States and China as well as stronger-than-expected domestic retail sales.

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Ford Motor Co said on Friday it was recalling some 2017 Explorer SUVs after receiving reports of 31 people injuring their hands on sharp edges down the side of the front seat.

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The London Stock Exchange emphatically rejected a $39 billion takeover offer from the Hong Kong bourse on Friday, opting to stick with its planned purchase of data and analytics group Refinitiv.

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Power producer PG&E Corp said on Friday it has reached an $11 billion settlement agreement with entities representing about 85% of insurance subrogation claims relating to 2017 and 2018 wildfires.

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The London Stock Exchange emphatically rejected the Hong Kong bourse’s $39 billion takeover offer on Friday, opting to stick with its planned purchase of data and analytics group Refinitiv.

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Finland’s Kone is open to a co-shareholding structure in a potential deal to merge with Thyssenkrupp’s elevator division, its chief executive told Bloomberg News.

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London Stock Exchange has rejected Hong Kong Exchange’s $39 billion takeover offer, opting to stick with its planned purchase of data and analytics group Refinitiv.

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Italy’s new economy minister said on Friday that the Milan bourse, which is part of the London Stock Exchange Group , is a strategic asset because it controls domestic government bond trading platform MTS.

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U.S. stock index futures rose on Friday as new signs of progress in trade relations between the United States and China comforted markets, which have been rankled by a prolonged stand off between the world’s two largest economies.

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WeWork owner The We Company said on Friday it has curbed the voting power of founder and CEO Adam Neumann, as part of changes to its corporate governance aimed at boosting demand for its planned initial public offering.

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Police in India’s capital New Delhi are probing a case of alleged tax evasion involving Anheuser-Busch InBev , according to a police officer and a document seen by Reuters, a setback for the brewer already battling a three-year city ban.

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WeWork owner The We Company said on Friday it plans to list its stock on the Nasdaq and announced changes to its corporate governance, including curbs in the voting power of founder and CEO Adam Neumann, ahead of the roadshow for its stock market launch.

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The U.S. government is paying Texas cotton farmer J. Walt Hagood $145 an acre for losses related to U.S. President Donald Trump’s trade policies. But Minnesota soybean farmer Betsy Jensen will get just $35 an acre.

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