Major banks are still not ready for a ‘no-deal’ Brexit as they grapple with delays in licenses for new European Union businesses, staffing problems and snags in redrafting contracts.
Volkswagen’s truck and bus division increased its adjusted full-year operating profit last year by 13 percent thanks to a Brazilian market recovery, efficiency measures at MAN and a rise in vehicle deliveries.
World stock markets rose on Monday after U.S. President Donald Trump said he would delay a tariff hike on Chinese imports, buoying hopes of a resolution to a trade war between the world’s two biggest economies.
Europe risks falling behind other regions in rolling out 5G mobile services because of onerous regulation and weak investment rather than any security concerns about Chinese equipment, Ericsson CEO Borje Ekholm said on Monday.
Shares of General Electric Co surged 11 percent on Monday after the U.S. industrial conglomerate said it would sell its biopharma business to Danaher Corp for $21 billion, its first major asset sale under new Chief Executive Officer Larry Culp.
U.S. stock index futures climbed on Monday, fueled by hopes of a resolution to a trade war between the United States and China after President Donald Trump said he would delay an increase in tariffs on Chinese goods.
U.S. President Donald Trump on Monday expressed concern about oil prices and repeated his previous calls on the Organization of the Petroleum Exporting Countries (OPEC) to keep prices steady.
General Electric Co said on Monday it was selling its biopharma business to Danaher Corp for $21.4 billion, the company’s biggest asset sale since it announced plans to break up the conglomerate last June.
Canada’s Barrick Gold Corp offered to buy U.S. rival Newmont Mining Corp for nearly $18 billion in stock on Monday, in a deal that would combine the world’s two largest gold producers.
Warren Buffett said on Monday that his company Berkshire Hathaway Inc overpaid in the merger that created Kraft Heinz Co.
Broadcaster RTL on Monday said it had sold Universum Film, a unit specialized in film rights, to U.S. private equity KKR for an undisclosed sum.
Warren Buffett said on Monday that his company Berkshire Hathaway Inc overpaid in the merger that created Kraft Heinz Co.
Russia-based private equity group Baring Vostok appealed on Monday for President Vladimir Putin to intervene in a criminal investigation into its U.S. founder Michael Calvey and other executives.
Canada’s Barrick Gold Corp on Monday offered to buy U.S. rival Newmont Mining Corp in a nearly $18 billion all-stock deal that would create a global gold mining giant.
The West needs to understand that the challenge of China’s technological revolution runs much deeper than Huawei’s row with the United States over intellectual property theft and state espionage, one of Britain’s top spies said.
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