Business & Finance News
Coty Inc said on Monday it would pay $600 million for a majority stake in Kylie Jenner’s make-up and skincare businesses, as it looks to tap into the reality TV star’s huge social media reach, driving shares in the company up 5%.
T-Mobile US Inc said on Monday Chief Executive Officer John Legere will step down on April 30 in favor of Chief Operating Officer Mike Sievert but not before completing its merger with U.S. rival Sprint Corp .
U.S. President Donald Trump has upended the global trade order with a slew of tariffs on economic rivals: now, Washington has redoubled its efforts to paralyze the very body designed to settle such disputes.
Wall Street’s main indexes were set for a subdued open on Monday after a report stoked fresh fears over the possibility of a U.S.-China trade deal.
U.S. stock index futures gave up gains on Monday following a CNBC report that the mood in China over a trade deal with the United States is “pessimistic” due to President Donald Trump’s reluctance to roll back tariffs, which China believed the United States had agreed to.
T-Mobile US Inc said on Monday Chief Executive Officer John Legere will step down on April 30 and Chief Operating Officer Mike Sievert will take over.
World shares were within touching distance of a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015.
Alibaba will close its order books early to prospective institutional investors as part of its $13.4 billion secondary listing in Hong Kong, according to two people with direct knowledge of the matter.
Best Mart 360’s chairman said on Monday he would keep every one of the popular Hong Kong snack food chain’s stores open, despite them being repeatedly damaged during anti-government protests.
Shares of HP Inc fell as much as 5% on Monday after the personal computer maker rejected a buyout offer from Xerox Holdings Corp , and indicated it might instead make its own offer to take over the U.S. printer maker.
SoftBank Corp plans to merge internet subsidiary Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech group, as it strives to compete more effectively with local rival Rakuten and U.S. tech powerhouses.
A raft of major banks and fund managers have upgraded their view on global equities, with emerging-market stocks their top pick to benefit from signs of easing in the Sino-U.S. trade dispute.
Dubai state-owned airline Emirates chairman Sheikh Ahmed bin Saeed al-Maktoum said on Monday the airline will face a tough second half of the company’s financial year.
Volkswagen’s new ID.3 electric vehicle will be 40% cheaper to build than the electric version of its Golf model, Chief Executive Herbert Diess told investors on Monday.
Long before the pistons for General Motors Co V-6 engines reach the U.S. No. 1 automaker’s Romulus, Michigan plant, they are seasoned international travelers.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
