Business & Finance News
LONDON (Reuters) – The dollar broke into positive territory for the year on Tuesday and bond yields were creeping higher again, as rising oil prices fueled bets that the Federal Reserve will flag more U.S. rate hikes this week.
(Reuters) – Chinese conglomerate HNA Group has dropped its bid for most of SkyBridge Capital, a hedge fund investment firm founded by U.S. President Donald Trump’s former aide Anthony Scaramucci, as the deal was still stuck with U.S. regulators after more than a year.
LONDON (Reuters) – Sainsbury’s and Asda, the two British supermarkets planning to merge, had the slowest sales of the “big four” chains in the 12 weeks to April 22, market data showed on Tuesday.
TOKYO (Reuters) – U.S. stock futures edged up and Australian shares hit seven-week highs on Tuesday after the United States postponed the imposition of steel and aluminum tariffs on Canada, the European Union and Mexico, and offered permanent exemptions for several other allies.
LONDON (Reuters) – The chief executive of Sainsbury’s was filmed singing “We’re in the Money” hours after announcing that the supermarket he runs would buy rival Asda, boosting his company’s value by 860 million pounds ($1.18 billion).
(Reuters) – Plane maker Boeing Co said on Tuesday it will buy aerospace parts company KLX Inc for about $3.2 billion in cash to expand its aircraft services business.
SEOUL (Reuters) – U.S. activist fund Elliott Management has begun a legal dispute with South Korea over a controversial 2015 merger of two Samsung affiliates after Elliott lost a proxy battle to block it, a South Korean government official said on Tuesday.
(Reuters) – Plane maker Boeing Co said on Tuesday it would buy aerospace parts company KLX Inc for about $3.2 billion in cash to expand its aircraft services business.
WASHINGTON (Reuters) – The U.S. Federal Reserve is set to hold interest rates steady this week but will likely further encourage expectations that it will lift borrowing costs in June on the back of rising inflation and low unemployment.
(Reuters) – Boeing Co said on Tuesday it entered a definitive agreement to buy aerospace parts company KLX Inc for $4.25 billion, including debt.
(Reuters) – Private equity firm Lantern Capital is nearing a deal to acquire the Weinstein Company, the TV and film studio whose former chairman Harvey Weinstein faces sexual assault claims, with a $310 million offer, people familiar with the matter said.
(Reuters) – Chinese conglomerate HNA Group’s bid to buy a majority stake in SkyBridge Capital, a hedge fund investment firm founded by U.S. President Donald Trump’s former aide Anthony Scaramucci, has been called off after facing regulatory resistance.
TOKYO (Reuters) – U.S. stock futures pared small losses while Australian shares hit seven-week highs on Tuesday after the United States extended the deadline for its steel and aluminum tariffs to take effect.
WASHINGTON (Reuters) – U.S. President Donald Trump has postponed the imposition of steel and aluminum tariffs on Canada, the European Union and Mexico until June 1, and has reached agreements for permanent exemptions for Argentina, Australia and Brazil, the White House said on Monday.
WASHINGTON (Reuters) – U.S. President Donald Trump has postponed the imposition of steel and aluminum tariffs on Canada, the European Union and Mexico until June 1, and has reached agreements for permanent exemptions for Argentina, Australia and Brazil, the White House said on Monday.
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