Business & Finance News
(Reuters) – Buyout firm Apollo Global Management LLC has approached Xerox Corp to express interest in a possible acquisition, casting new uncertainty over the U.S. printer company’s $6.1 billion sale to Japan’s Fujifilm Holdings , people familiar with the matter said on Wednesday.
MONTREAL/PARIS (Reuters) – Bombardier and Airbus named the top leaders for the CSeries program, in a further step towards finalizing a deal in which the European planemaker will take control of the Canadian jetliner, according to a memo to staff on Wednesday that was seen by Reuters.
(Reuters) – Buyout firm Apollo Global Management LLC has approached Xerox Corp to express interest in a possible acquisition, casting new uncertainty over the latter’s sale to Japan’s Fujifilm Holdings , people familiar with the matter said on Wednesday.
MONTREAL, PARIS (Reuters) – Bombardier and Airbus unveiled to employees the top leaders for the CSeries program, in a further step towards finalizing a deal that will see the European planemaker taking control of the Canadian jetliner, according to a memo to staff on Wednesday that was seen by Reuters.
BERLIN (Reuters) – Aerospace suppliers are starting to explore blockchain technology to keep tabs on their supply chain, potentially tracking parts such as those identified as the cause of a Southwest Airlines accident last month.
WILMINGTON, Del./NEW YORK (Reuters) – German healthcare group Fresenius alleged it uncovered “blatant fraud at the very top level” of U.S. generic drugmaker Akorn Inc after Fresenius agreed to acquire the company for $4.75 billion, according to a court filing made public late on Tuesday.
(Reuters) – U.S. stocks were slightly lower on Wednesday, with declines in biotechnology and insurers negating Apple’s rise after strong results, ahead of the Federal Reserve’s policy announcement.
(Reuters) – Shares of Snap Inc sank as much as 22 percent to the lowest since its 2017 flotation on Wednesday, after first quarter numbers showed it losing confidence among users and advertisers due to a widely-panned redesign of Snapchat.
SEOUL (Reuters) – South Korean prosecutors are looking into U.S. activist fund Elliott Management to see whether it violated disclosure rules, local media reported on Wednesday.
(Reuters) – He thinks of himself as a teacher, and to many he is an icon. But to Wall Street, Warren Buffett is something quite different.
(Reuters) – U.S. stocks fell on Wednesday as caution set in ahead of the Federal Reserve’s regular policy statement, while strong results from Apple kept losses in check.
BEIJING (Reuters) – Chinese property speculators are starting to bet on a rapid improvement in relations between North Korea and the rest of the world, pushing up prices in the border city of Dandong and even spurring buying interest in the world’s most isolated country.
(Reuters) – United Parcel Service Inc is in talks with at least one U.S. trucking firm to launch an in-home delivery service for large, heavy goods such as couches and treadmills, as the world’s largest package deliverer looks to cash in on one the fastest growing segments of online retail.
NEW YORK (Reuters) – U.S. mortgage applications fell last week as interest rates on some 30-year fixed-rate home loans reached their highest levels in more than 4-1/2 years, the Mortgage Bankers Association said on Wednesday.
(Reuters) – Shares of Apple Inc rose 3 percent on Wednesday after the company’s quarterly report and current-quarter iPhone sales forecast calmed investor nerves about a potential slowdown in sales of its flagship product.
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