Volkswagen on Monday rejected a German judge’s call to settle a customer class action lawsuit over its rigging of diesel emissions tests, saying there was no case to answer.
Advances in some of the biggest technology companies bolstered U.S. stock index futures on Monday, as investors looked past last week’s reports that Washington was considering delisting Chinese companies from U.S. stock exchanges.
Blackstone Group Inc said on Monday it would buy U.S. industrial warehouses from real estate and investment management firm Colony Capital Inc in a $5.9 billion deal, to capitalize on the e-commerce boom.
Oil slipped on Monday as China’s economic outlook remained weak even as manufacturing data improved, with the continuing trade war with the United States weighing on demand growth for the world’s largest crude importer.
Bestbond, a Chinese apartment rental company, had been planning on a Nasdaq flotation in one to two years but as U.S.-China trade tensions racheted higher, the Hong Kong stock exchange emerged as a possible candidate. Now, it’s firmly on the table.
U.S.-based Sempra Energy said on Monday it would sell stakes in its Peruvian operations to a unit of China Yangtze Power Co for $3.59 billion in cash, to focus on its core businesses in North America.
U.S. President Donald Trump’s administration is considering forcing Chinese firms to delist from U.S. stock exchanges, according to sources, a move that would escalate U.S.-China tensions and could throw some of China’s biggest companies into chaos.
Shares on Monday largely shrugged off reports that Washington is considering delisting Chinese companies from U.S. stock exchanges, with market players downplaying the likelihood of such radical escalation of the U.S.-China trade war.
Britain’s markets watchdog has fined the country’s largest insurer Prudential 24 million pounds ($29.39 million) for failures related to non-advised sales of annuities, it said on Monday.
When U.S. oil firm Talos Energy found nearly a billion barrels off Mexico’s southern Gulf coast two years ago, it marked the first discovery by a foreign firm since the oil industry was nationalized eight decades earlier.
Britain’s markets watchdog has fined insurer Prudential 24 million pounds ($29.39 million) for failures related to non-advised sales of annuities, it said on Monday.
World shares on Monday largely shrugged off reports that Washington is considering delisting Chinese companies from U.S. stock exchanges, with market players downplaying the likelihood of such radical escalation of the U.S.-China trade war.
Oil slipped on Monday as China’s economic outlook remained weak even as manufacturing data improved, with an ongoing trade war with the United States weighing on demand growth for the world’s largest crude importer.
China warned on Monday of instability in international markets from any “decoupling” of China and the United States, after sources said the Trump administration was considering delisting Chinese companies from U.S. stock exchanges.
AB InBev’s Asia-Pacific unit , which raised about $5 billion after relaunching its IPO this month, rose more than 6% on its market debut in Hong Kong, easing concerns of the impact of ongoing anti-government protests on new share offerings.
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