Articles by admin

Cboe Global Markets has agreed to buy EuroCCP, giving the exchange operator full control over the equity clearing house. Cboe, one of the world’s largest exchange holding companies, plans to fund the deal, which is expected to close in the first half of 2020, with cash on hand, the company said. The takeover continues a spate of activity among market infrastructure operators in Europe, with Switzerland’s stock exchange SIX and Euronext vying to buy Spain’s BME , while London Stock Exchange Group has agreed a deal to take on data and analytics company Refinitiv. …read more […]

– Amazon.com Inc said in a legal complaint unsealed on Monday that it had lost a $10 billion cloud computing contract with the Pentagon because President Trump used “improper pressure” to divert the contract from the company to harm its chief executive, Jeff Bezos. – Four months before the first deadly crash of Boeing Co’s 737 Max, a senior manager approached an executive at the company with concerns that the plane was riddled with production problems and potentially unsafe. – A war of words erupted on Monday between The Atlanta Journal-Constitution and Warner Bros over “Richard Jewell,” a …read more […]

(Bloomberg) — A year after a rare bullish call on oil, Saudi Arabia isn’t counting on much of an uplift from crude prices in 2020.The world’s biggest oil exporter has designed next year’s budget under the assumption that Brent will average about $65 per barrel, according to calculations by Ziad Daoud, Bloomberg’s chief economist in the Middle East. That’s barely higher than where the global benchmark crude traded on Tuesday and compares with a price of $80 that was originally built into Saudi Arabia’s public finances for 2019. Saudi Arabia doesn’t disclose its oil-price assumption.Analysts see Brent at just under …read more […]

The rise in Huawei’s market share has displaced the other top five companies. Dongguan-based Vivo Communication Technology Co. Ltd, saw its market share slipped from 22.6% to 17.9% in the same time period. Guangdong OPPO Mobile Telecommunications Corp. Ltd, which continues to have the third-largest market share, slipped from 21.1% to 17.4%. …read more […]

U.S. lawmakers announced an agreement on Monday on a $738-billion bill setting policy for the Department of Defense, including new measures for competing with Russia and China, family leave for federal workers and the creation of President Donald Trump’s long-desired Space Force. It also calls for sanctions on Turkey over its purchase of a Russian missile defense system, and a tough response to North Korea’s efforts to develop nuclear weapons. …read more […]