Articles by admin

BERLIN (Reuters) – A German court ruled on Friday that investors pushing for damages over a sharp fall in Volkswagen shares after the carmaker disclosed emissions cheating in 2015 can also seek redress from majority shareholder Porsche SE .

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BRUSSELS (Reuters) – EU antitrust regulators have given the green light to U.S. cable company Comcast’s plan to acquire European pay-TV group Sky without demanding concessions.

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(Reuters) – U.S. stocks fell on Friday after the United States announced tariffs on $50 billion worth of Chinese goods, spurring a promise of immediate and equivalent retaliation from Beijing.

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MOSCOW (Reuters) – Dozens of industrial plants in Russia have turned to the state’s reinsurance company for cover after an extension of U.S. sanctions made it difficult to get reinsurance elsewhere, the head of that firm told Reuters.

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NEW YORK (LPC) – Media company Comcast Corp’s record all-cash US$65bn bid to buy Twenty-First Century Fox’s media assets, a day after AT&T’s long-sought acquisition of Time Warner received a green light, signals an oncoming wave of M&A that banks will aggressively compete to finance.

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(Reuters) – U.S. stock indexes opened lower on Friday after the United States announced tariffs on $50 billion worth of Chinese goods, spurring a promise of immediate and equivalent retaliation from Beijing.

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(Reuters) – SandRidge Energy Inc said on Friday it had been approached by 17 potential bidders for a buyout, including billionaire Carl Icahn who is fighting for control of the oil and gas producer’s board.

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WASHINGTON, (Reuters) – U.S. industrial production fell slightly in May amid a sharp drop in manufacturing output, the Federal Reserve said on Friday.

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(Reuters) – Wall Street was set to open sharply lower on Friday after the United States announced tariffs on $50 billion worth of Chinese goods, spurring a promise of immediate and equivalent retaliation from Beijing.

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WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world’s two largest economies.

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WASHINGTON (Reuters) – President Donald Trump on Friday announced that the United States will implement a 25 percent tariff on $50 billion of goods from China related to intellectual property and technology, and pledged to impose further levies if the Asian nation takes retaliatory measures.

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(Reuters) – Wells Fargo & Co said a district court in California approved a $142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening of phony bank accounts.

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