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Business News

Airbus close to signing aircraft deal with China: sources

March 25, 2019 admin Comments Off on Airbus close to signing aircraft deal with China: sources

European planemaker Airbus is close to signing a deal worth billions of dollars with China following a delay of more than a year in the negotiations, industry sources said on Monday.

…read more […]

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Business News

Apple invites Hollywood to Silicon Valley in television push

March 25, 2019 admin Comments Off on Apple invites Hollywood to Silicon Valley in television push

Apple Inc is expected to lift the curtain on Monday on a secretive, years-long effort to build a television and movie offering designed to compete with big media companies and boost digital services revenue as sales of its iPhone taper.

…read more […]

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Business News

Oil prices near flat as economic slowdown fears tempered

March 25, 2019 admin Comments Off on Oil prices near flat as economic slowdown fears tempered

Oil prices were little changed on Monday as investors shrugged off fears of a global economic slowdown and focused on the prospect of tighter supply and lower U.S. crude inventories ahead.

…read more […]

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Business News

Wall Street ekes out gains; global growth worries linger

March 25, 2019 admin Comments Off on Wall Street ekes out gains; global growth worries linger

U.S. stocks edged higher on Monday, pulling back from their session lows, as shares of industrial and consumer discretionary companies rose, but gains were kept in check by worries of a global slowdown.

…read more […]

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Business News

JPMorgan asks 300 staff to move if no Brexit deal: source

March 25, 2019 admin Comments Off on JPMorgan asks 300 staff to move if no Brexit deal: source

JPMorgan is asking around 300 staff in its London office to sign new contracts that will require them to move to one of the bank’s other hubs in the European Union if there is a no-deal Brexit, according to a person familiar with the matter.

…read more […]

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Business News

Neiman Marcus reaches agreement with creditors to restructure debt

March 25, 2019 admin Comments Off on Neiman Marcus reaches agreement with creditors to restructure debt

Neiman Marcus Group Ltd said on Monday it had reached an agreement with a majority of its lenders to extend the maturities of its debt by three years to help the luxury retailer turn around its business.

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Business News

World stocks sink on economic worries, U.S. yields fall

March 25, 2019 admin Comments Off on World stocks sink on economic worries, U.S. yields fall

World stocks sold off sharply for a second straight session on Monday on persistent concerns over global economic growth, while benchmark 10-year U.S. Treasury yields held near more than one-year lows.

…read more […]

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Business News

Bayer, J&J settle U.S. Xarelto litigation for $775 million

March 25, 2019 admin Comments Off on Bayer, J&J settle U.S. Xarelto litigation for $775 million

Bayer AG and Johnson & Johnson have agreed to settle more than 25,000 U.S. lawsuits over their blockbuster blood thinner Xarelto for a total of $775 million, court documents on Monday showed.

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Business News

Wall Street falls on global economic slowdown fears

March 25, 2019 admin Comments Off on Wall Street falls on global economic slowdown fears

Wall Street’s main indexes fell on Monday, dragged down by declines in high-growth technology shares, as fears of a global slowdown roiled the market for the second straight session.

…read more […]

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Business News

Apple working on games subscription service for gadgets: Bloomberg

March 25, 2019 admin Comments Off on Apple working on games subscription service for gadgets: Bloomberg

Apple Inc, which later on Monday is expected to unveil a television and movie streaming service, is also working on a games subscription service for its App Store, Bloomberg reported on Monday, citing people with knowledge of the plans.

…read more […]

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Inmarsat convinced by $3.4 billion cash buyout deal

March 25, 2019 admin Comments Off on Inmarsat convinced by $3.4 billion cash buyout deal

A private equity-led consortium agreed to buy Inmarsat Plc for about $3.4 billion in cash after the British satellite operator rebuffed a slightly lower bid from U.S. rival EchoStar last year.

…read more […]

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Business News

Wall Street opens lower as global growth fears persist

March 25, 2019 admin Comments Off on Wall Street opens lower as global growth fears persist

U.S. stocks opened lower on Monday, weighed by technology shares, as investors worried about global growth fears.

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Business News

Hoping to assuage investors, Newmont offers special dividend if Goldcorp deal approved

March 25, 2019 admin Comments Off on Hoping to assuage investors, Newmont offers special dividend if Goldcorp deal approved

Newmont Mining Corp will pay a special dividend of 88 cents in an effort to soothe unhappy shareholders if they approve its $10 billion takeover of Goldcorp Inc, the company said on Monday.

…read more […]

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Business News

Top U.S. court rebuffs challenge to Nike over Michael Jordan photo

March 25, 2019 admin Comments Off on Top U.S. court rebuffs challenge to Nike over Michael Jordan photo

The U.S. Supreme Court on Monday declined to consider reviving a copyright case in which Nike Inc was accused of unauthorized use of photographer Jacobus Rentmeester’s famous 1984 photograph of basketball superstar Michael Jordan soaring through the air.

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Business News

Autonomy founder Lynch inflated sales before HP deal, court told

March 25, 2019 admin Comments Off on Autonomy founder Lynch inflated sales before HP deal, court told

British entrepreneur Mike Lynch artificially inflated revenue at his Autonomy software company before selling it to Hewlett Packard for $11 billion, the U.S. firm’s lawyer told a London court on Monday.

…read more […]

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Carbonium Core (NASDAQ: TOMZ) Targets $1.5 Billion Annual Revenue Opportunity—Could It Become the MP Materials of Nuclear-Grade Graphite?

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FIFA World Cup + Biosecurity + Robotics = The $TOMZ Opportunity

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