Business & Finance News
SYDNEY (Reuters) – Asian shares rose again on Monday as tensions in the Korean Peninsula eased and first-quarter earnings shone, although some investors pondered whether this sunny outlook could dim in the near future.
SYDNEY (Reuters) – AMP Ltd announced the resignations of its chairwoman and legal counsel, and slashed its directors’ fees by a quarter, as Australia’s largest listed-wealth manager tries to stem the fallout from damaging revelations of misconduct.
TORONTO (Reuters) – A rare outage at Canada’s major stock exchanges could dent the credibility of operator TMX Group Ltd and encourage investors to explore alternative trading channels, fund managers and traders told Reuters.
HONG KONG (Reuters) – When Hong Kong unveiled plans last year to encourage biotech companies to list in the city by loosening listing rules, the financial industry and investors cheered.
(Reuters) – AMP announced the resignation of Chairwoman Catherine Brenner on Monday, the second senior executive at the Australian wealth manager to exit after damaging revelations at a judicial inquiry into the country’s financial sector of serious misconduct at the firm.
NEW YORK (Reuters) – Prologis Inc , a logistics company with a global footprint, will acquire smaller U.S. rival DCT Industrial Trust Inc in an $8.4 billion all-stock transaction, including the assumption of debt, the two companies said on Sunday.
NEW YORK (Reuters) – Walmart Inc’s urgency to stem market share losses to rivals around the world is driving it to partner with local players in the UK and India, even as it scales back in some other markets like Brazil.
(Reuters) – T-Mobile US Inc and Sprint Corp said on Sunday they had agreed to a $26 billion all-stock deal and believed they could win over skeptical regulators because the merger would create thousands of jobs and help the United States beat China to creating the next generation mobile network.
(Reuters) – T-Mobile US Inc agreed on Sunday to acquire peer Sprint Corp, in an all-stock deal for $26 billion that will combine the third and fourth largest U.S. wireless carriers and is expected to attract regulatory scrutiny over its impact on consumers.
(Reuters) – T-Mobile US Inc agreed on Sunday to acquire peer Sprint Corp, in an all-stock deal that will combine the third and fourth largest U.S. wireless carriers and is expected to attract regulatory scrutiny over its impact on consumers.
DUBAI (Reuters) – State run Saudi Aramco, the world’s top oil company, said on Sunday it has appointed five new members to its board including a female executive, a milestone for Saudi Arabia and the oil industry where there are few women executives.
DUBAI (Reuters) – Saudi Aramco, the world’s top oil company, has appointed three new members to its board including a woman executive, the state run company said on Sunday.
BEIJING (Reuters) – China’s securities regulator has released new guidelines for foreign investment in Chinese security joint ventures in which it eased some restrictions and launched an application process for more foreign ownership.
(Reuters) – Steve Wynn, who resigned in February as chief executive of Wynn Resorts Ltd following allegations of sexual misconduct, has filed a defamation lawsuit against a former employee of the casino company, the Wall Street Journal reported on Saturday.
TORONTO (Reuters) – Canada’s largest stock exchange operator said on Saturday that the failure of data storage equipment caused an outage that shut down the world’s sixth-largest stock market for several hours on Friday afternoon.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
