Business & Finance News
Walmart and its unit Sam’s Club said on Monday leafy greens suppliers will be asked to implement real-time, farm-to-store tracking using blockchain technology by next September, as the retailer tackles food-safety incidents.
The European Union and the United States are still in exploratory talks about how they can pursue a limited trade agreement, with no real negotiations yet started, EU Trade Commissioner Cecilia Malmstrom said on Monday.
Industrials took the biggest knock on Wall Street on Monday as the latest U.S.-China tariffs kicked in, while adding to uncertainty were questions over whether Deputy Attorney General Rod Rosenstein, who oversees the Mueller investigation, had quit.
Canada’s Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world’s largest gold producer in an industry under investor pressure to put capital to good use.
United Technologies Corp is exploring a sale of its Chubb Fire & Security division for more than $3 billion, people familiar with the matter said on Monday.
U.S. fashion group Michael Kors has agreed to take control of Versace in a deal that could value one of Italy’s most prized designers at $2 billion, sources familiar with the matter said on Monday.
U.S. stock indexes dropped on Monday, led by industrials that bore the brunt of the latest round of U.S.-China tariffs and on reports that Deputy Attorney General Rod Rosenstein, who oversees the Mueller investigation, may be on his way out.
Stock markets around the world retreated on Monday amid concerns over the potential wider impact of a trade spat between China and the United States, while oil prices rallied to a four-year high after OPEC ignored U.S. calls to raise supply.
The benchmark S&P 500 hit a session low on Monday after Axios reported that U.S. Deputy Attorney General Rod Rosenstein had resigned in anticipation of being fired by President Donald Trump.
The new S&P 500 communication services sector , which includes such high-profile names as Facebook , Alphabet and Netflix , made its debut on Monday, after the largest-ever overhaul of Wall Street’s broad business sectors.
Satellite radio company Sirius XM Holdings Inc will buy online music service Pandora Media Inc in a $3.5 billion all-stock deal that will help it battle growing competition from streaming rivals Spotify and Apple Music.
U.S. stock indexes fell on Monday, with industrial and technology shares bearing the brunt of the latest round of U.S.-China tariffs as neither country showed signs of backing down from a protracted trade war.
Sky shares jumped 9 percent on Monday to within touching distance of what Comcast will pay to buy Europe’s biggest pay-TV group after seeing off competition from Twenty-First Century Fox .
U.S. stocks opened lower on Monday, led by declines in technology stocks and as the latest round of U.S.-China tariffs took effect.
Apple Inc and Salesforce.com Inc are entering a partnership in which the iPhone maker will help Salesforce build the iPhone maker’s features such as its Siri voice assistant deeper into Salesforce’s own mobile apps, which are widely used in the sales and marketing industries.
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