Business & Finance News
PARIS (Reuters) – Japanese carmaker Nissan will gradually stop selling diesel cars in Europe, in a further sign of weakening demand for those cars as customers worry about tax rises and looming bans and restrictions related to diesel in many countries.
(Reuters) – U.S. stocks opened higher on Monday as energy shares gained on the back of surging oil prices and Starbucks got a boost from its partnership with Nestle.
LONDON (Reuters) – Oil prices rose to their highest levels since late-2014 on Monday, boosted by fresh troubles for Venezuelan oil company PDVSA and a looming decision on whether the United States will re-impose sanctions on Iran.
(Reuters) – U.S. stocks were on track to open higher on Monday, with energy shares gaining on the back of surging oil prices and Starbucks getting a boost from a partnership with Nestle.
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, tying a premium brand to Nestle’s global distribution muscle.
(Reuters) – U.S. stock index futures were higher on Monday, with rising oil prices expected to keep Wall Street on track to extend Friday’s rally.
NEW YORK (Reuters) – Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he characterizes as “rat poison squared”, thrive on the hope they’ll find someone else who will pay more for it.
(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.
(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.
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.
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.
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