The European Union will decide by the end of the year whether to impose rules reining in the market power of U.S. tech giants, the bloc’s industry chief said on Monday as he criticised Facebook’s proposals as insufficient to address EU concerns.
German conglomerate Thyssenkrupp said on Monday it has shortlisted two private equity consortia in the sale of its 16 billion euro ($17.3 billion) elevator division, dealing a blow to Finland’s Kone , which withdrew from the closely watched deal.
Dubai is to take full control of port operator DP World in a deal with a $13.9 billion valuation that will help the company at the center of the emirate’s 2009 debt crisis to repay some of its borrowings.
Global shares were buoyant on Monday as the promise of further policy stimulus from China to counteract the economic hit from a coronavirus outbreak calmed nervous investors.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios… …read more […]
Facebook warned of threats to innovation and freedom of expression on Monday, ahead of the release of a raft of rules by the European Union this week and in the coming months to rein in U.S. and Chinese tech companies.
Samsung’s Galaxy Z Flip is the first foldable phone that gets the design right. …read more […]
Facebook warned of threats to innovation and freedom of expression on Monday, ahead of the release of a raft of rules by the European Union this week and in coming months to rein in U.S. tech giants and Chinese companies.
Sonoco Products Company (NYSE:SON) came out with its full-year results last week, and we wanted to see how the… …read more […]
We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining… …read more […]
GM will wind down operations in Australia by 2021 and Thailand this year. The move will impact earnings results, but save GM money in the long-term. …read more […]
France’s Alstom is in talks to buy the train business of Canada’s Bombardier in a potential $7 billion deal that marks the latest attempt by Western rail companies to bulk up in the face of Chinese competition.
The yearly results for Roku, Inc. (NASDAQ:ROKU) were released last week, making it a good time to revisit its… …read more […]
Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance could become even worse due to the new coronavirus.
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