Articles by admin

CBS Corp and Viacom Inc are in the final stages of negotiation of an all-stock merger, two sources told Reuters.

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Persistent concerns about a prolonged U.S.-China trade war and a no-deal Brexit kept the yen and bond bulls charging on Monday, while Argentina’s markets were set to crash after voters gave its president an election mauling.

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Wall Street was set to open lower on Monday, as investors shunned risky bets on fears that a drawn-out trade war between the United States and China could force the global economy into recession.

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Saudi Aramco is planning a blockbuster investment in Reliance Industries , the Indian conglomerate said on Monday, as the Saudi energy giant diversifies its business, where weaker oil prices cut its first-half profit by 12%. In preparation for what could be the world’s largest initial public offering (IPO), state-run Aramco began publishing its results this year as it also started issuing international bonds. The world’s top oil producer plans to launch

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Nike Inc will launch a new subscription service for kids sneakers this week that seeks to woo parents with an offer of fewer nightmarish trips to the shoe store in exchange for a regular fee and consistent brand loyalty.

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Shares in Osram jumped after Austrian sensor maker AMS triggered a bidding war for the German lighting group, saying it was ready to trump Bain and Carlyle with a cash offer valuing the company at 4.3 billion euros ($4.8 billion).

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U.S. stock index futures fell on Monday, as investors shunned risky bets on fears that a drawn-out trade war between the United States and China would significantly hamper global growth.

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Oil prices fell on Monday amid worries about a global economic slowdown and the ongoing U.S.-China trade war, which has reduced demand for commodities such as oil.

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Saudi Aramco is planning a blockbuster investment in Reliance Industries , the Indian firm announced on Monday, as the energy giant diversifies its business, where weaker oil prices pared its first-half profit by 12%. State-run Aramco disclosed its closely guarded financials for the first time earlier this year, revealing its 2018 earnings in order to obtain a public rating and start issuing international bonds. The world’s top oil producer plans to launch an

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Yen and bond bulls charged on Monday while stocks struggled again, amid ongoing worries that a prolonged U.S.-China trade war and damaging Brexit could tip top economies into recession.

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Saudi Aramco reported a 12% fall in half-year net profit on Monday, yet remained the world’s most profitable company, while India’s Reliance Industries said Aramco is looking to buy into its refining and petrochemicals business.

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Oil prices fell on Monday amid worries about an economic slowdown and the U.S.-China trade war, which have led to a cut in the outlook for global oil demand.

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Shares in Osram soared after Austrian sensor maker AMS triggered a bidding war for the German lighting group, saying it was ready to trump Bain and Carlyle with a cash offer valuing the company at 4.3 billion euros ($4.8 billion).

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New ABB Chief Executive Bjorn Rosengren is committed to at least five years with the Swiss engineering group, Chairman Peter Voser said on Monday.

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Spanish energy firm Iberdrola has agreed to sell a 40% share in British offshore wind project East Anglia One to the Green Investment Group, it said on Monday.

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