Business & Finance News
(Reuters) – U.S. stock index futures jumped on Monday, with manufacturers and chipmakers leading the gainers, after the United States and China put a potential trade war “on hold” while the world’s two biggest economies work on a wider agreement.
LONDON (Reuters) – A British court has dismissed charges brought by the Serious Fraud Office (SFO) against Barclays over its 2008 capital raising, the bank said on Monday, suspending for now the threat of regulatory sanctions on its business operations over the matter.
(Reuters) – U.S. regional bank Fifth Third Bancorp on Monday said it would buy MB Financial Inc in a stock-and-cash deal valued at about $4.7 billion.
BEIJING (Reuters) – China on Monday praised a significant dialing back of trade tension with the United States, with the government saying agreement was in the interests of both countries while state media trumpeted what it saw as China’s refusal to surrender.
LONDON (Reuters) – Stocks, oil prices and the dollar were on the rise on Monday after the U.S.-China trade war was declared “on hold” while in Europe, Italy’s borrowing costs climbed and the Milan bourse fell as two anti-establishment parties got closer to power.
MILAN (Reuters) – Italy must present the European Commission with a plan for its exit from lender Monte dei Paschi by 2019, Chief Executive Marco Morelli told daily Corriere della Sera.
LONDON (Reuters) – After the near collapse of his company following the 2010 Gulf of Mexico disaster and a three-year slump in oil prices, BP Chief Executive Officer Bob Dudley is hardly relaxed.
HONG KONG (Reuters) – Russia’s largest aluminum producer Rusal said on Monday it has not received a formal resignation from director Oleg Deripaska, and reiterated that its business and prospects may be affected by U.S. sanctions.
(Reuters) – U.S.-based Harbour Energy made a final offer of $10.8 billion for Australia’s Santos Ltd on Monday, hiking its bid for a fifth time in nine months after a steep rise in oil prices and potentially deterring any rival bids.
BEIJING (Reuters) – Chinese state media on Monday praised a significant dialing back of trade tension with the United States, saying China had stood its ground and the two countries had huge potential for win-win business cooperation.
BEIJING (Reuters) – Chinese state media on Monday praised a significant dialing back of trade tensions with Washington, saying Beijing had stood its ground and that the two countries had huge potential for win-win business cooperation.
(Reuters) – U.S.-based Harbour Energy raised its bid for Australia’s Santos Ltd to $10.8 billion on Monday, hiking its offer for a fifth time in nine months after a steep rise in oil prices and potentially deterring any rival bids.
TOKYO (Reuters) – Stocks rose on Monday as U.S. Treasury Secretary Steven Mnuchin declared the U.S. trade war with China “on hold” following an agreement to drop their tariff threats that had roiled global markets this year.
MEXICO CITY (Reuters) – U.S. Deputy Secretary of State John Sullivan underscored the importance of concluding a new NAFTA trade deal in talks on Sunday with Mexican Foreign Minister Luis Videgaray on the sidelines of the G-20 foreign ministers meeting in Buenos Aires.
(Reuters) – Australia’s Santos Ltd on Monday said it had received an improved $10.84 billion offer from U.S.-based suitor Harbour Energy, a proposal that comes at a time when oil prices are at their highest since late 2014.
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