Aston Martin has hired a supply chain chief and approved Brexit plans to avoid delays by using ports other than Dover and flying in components as the carmaker prepares for a possible no deal in March, its boss told Reuters.
PG&E Corp’s shares plunged more than 18 percent on Monday after sources said the California utility is exploring filing for bankruptcy protection as it fears a big charge in the fourth quarter related potential liabilities from wildfires.
Eli Lilly and Co said on Monday it would buy Loxo Oncology Inc for about $8 billion in cash, buying into a portfolio of targeted medicines to treat cancers caused by rare gene mutations.
Strong employment data in the United States, decisive action from the Chinese central bank and dovish messages from U.S. Federal Reserve chief Jerome Powell steadied markets on Monday, pushing an index of world stocks to a 2-1/2 week high.
Credit Suisse has settled a 2012 New York state lawsuit alleging misconduct over residential mortgage-backed securities (RMBS), with a source familiar with the deal saying the bank would pay much less than prosecutors had originally sought.
Steel producer Nucor Corp said on Monday it would spend about $1.35 billion to build a plate mill in the U.S. Midwest, taking advantage of federal tax cuts that has resulted in windfall gains for several companies.
Eli Lilly and Co said on Monday it would buy Loxo Oncology Inc for about $8 billion in cash, buying into a portfolio of targeted medicines to treat cancers caused by rare gene mutations.
Activist investor Starboard Value LP said on Monday that it has acquired a 1.7 percent stake in discount store operator Dollar Tree Inc and called for a sale of its underperforming Family Dollar business.
China has the “good faith” to work with the United States to resolve trade frictions, the Foreign Ministry said on Monday, as the world’s two largest economies resumed talks in a bid to end their trade dispute.
Assets worth nearly 800 billion pounds ($1 trillion) are being moved from Britain to new financial hubs in the European Union ahead of Brexit, consultancy EY said on Monday.
A set of strong employment data in the United States, decisive action from the Chinese central bank and dovish messages from U.S. Federal Reserve chief Jerome Powell combined to push world stocks further off recent lows on Monday.
Tesla Inc broke ground on Monday for its Shanghai Gigafactory where it plans to begin making its Model 3 electric vehicles (EV) by year-end, a first step in localizing production in the world’s largest auto market.
China and the United States want to work together on trade, the Chinese foreign ministry said on Monday, as the world’s two largest economies resumed talks in a bid to end their trade dispute.
Lawyers of ousted Nissan Motor Co Ltd chairman Carlos Ghosn are scheduled to give a news conference on Tuesday, the Foreign Correspondents’ Club of Japan (FCCJ) said on its website on Monday, their first such public appearance.
Lawyers of ousted Nissan Motor Co Ltd chairman Carlos Ghosn are scheduled to give a news conference on Tuesday, the Foreign Correspondents’ Club of Japan (FCCJ) said on its website on Monday, their first such public appearance.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
