(Reuters) – Blackstone Group LP said on Monday it would buy Gramercy Property Trust , which is an asset manager of commercial real estate, in a deal valued at $7.6 billion in cash.
It’s a busy week coming up. Microsoft’s Build conference kicks off today, …read more […]
(Reuters) – Cognizant Technology Solutions Corp’s quarterly revenue rose 10 percent and edged past Wall Street forecasts, benefiting from higher spending by healthcare and financial services clients.
LONDON (Reuters) – Oil prices jumped to their highest since late 2014 on Monday on a deepening economic crisis in Venezuela and worries that the Unites States could re-impose sanctions on Iran, while stocks firmed and the dollar rose towards its 2018 peak.
Only one-fourth of Americans correctly know their Social Security full retirement age. Do you? …read more […]
People watching Rep. Kevin McCarthy’s political rise often marvel at how he got here. The rest of the country might be stunned, too, if Republicans win in November and McCarthy succeeds in his quest to become speaker of the House, next in line after the vice president to the presidency. “People probably have a certain perception of Kevin — he didn’t graduate from Harvard or do a lot of things politicians do,” said Rick Priest, a McCarthy pal since the seventh grade. …read more […]
Find out how you can boost your investment income with this simple strategy. …read more […]
LONDON (Reuters) – Oil prices rose to their highest levels since late-2014 on Monday, boosted by Venezuela’s deepening economic crisis and a looming decision on whether the United States will re-impose sanctions on Iran.
HONG KONG (Reuters) – Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of matter said, in a deal that adds to the record levels of funds seeking deals in the region.
SYDNEY (Reuters) – Australia’s ANZ said it would quit paying bonuses to financial planners for selling its products, becoming the country’s first major lender to change business practices in response to a powerful inquiry that has unmasked widespread misconduct in the sector.
Nokia last week said that it was selling off its digital health business, …read more […]
PARIS (Reuters) – Air France KLM shares slumped on Monday after the company’s chief executive said he would resign following the rejection of a pay deal by the airline’s staff.
LONDON/ZURICH (Reuters) – Swiss-based food giant Nestle will pay Starbucks $7.15 billion in cash for the rights to sell the U.S. coffee chain’s products around the world in a global alliance aimed at reinvigorating their coffee empires.
LONDON (Reuters) – A resurgent dollar and higher borrowing costs are smashing through Argentina and Turkey’s currencies like a wrecking ball and raising the likelihood more broadly that emerging markets’ three-year long interest rate cutting cycle is at an end.
SINGAPORE (Reuters) – U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 and Brent crude climbed to fresh highs, buoyed as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supply.
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