London Stock Exchange entered exclusive talks on Friday to sell Borsa Italiana to Euronext, with the French operator seeing off bids by Deutsche Boerse and Switzerland's Six as it looks to add another bourse to its European network.
Oil prices rose for a fourth straight day on Friday as Goldman Sachs estimated the market is in deficit and a new storm started building in the Gulf of Mexico, putting crude on track for a weekly gain of about 10per cent.
TOKYO: Financial leaders from China, Japan, South Korea and Southeast Asia vowed on Friday (Sep 18) to redouble their efforts to help the region recover economically from the novel coronavirus and to defend a multilateral system of trade and investment. "We will remain vigilant to the continued ...
Spain's Caixabank valued state-owned Bankia at 4.3 billion euros (US$5.10 billion) as part of an all-in share deal that will create Spain's biggest domestic bank with more than 664 billion euros in total assets.
Telecoms gear maker Ericsson said on Friday it would acquire Cradlepoint, a provider of wireless WAN solutions, in a deal worth US$1.1 billion on an enterprise-value basis.
SoftBank Group Corp said on Friday it would sell U.S. cellphone distributor Brightstar Global Group for an undisclosed price, marking the latest asset sale by the Japanese conglomerate to fund a record stock buyback and raise cash.
French Labour Minister Elisabeth Borne said she would visit a tyre plant in northern France next Monday as she reiterated calls on Japanese owners Bridgestone to consider alternatives to closing the site.
Swiss watchmaker Maurice de Mauriac is confident it can find a new supplier for watch mechanisms to maintain production as it battles an industry-wide drop in demand due to the COVID-19 pandemic.
U.S. electric carmaker Tesla Inc won its case against a former employee, who was fired for hacking and transferring company data to third parties, according to court documents filed on Thursday.
Telecoms gear maker Ericsson said on Friday it would acquire Cradlepoint, a provider of wireless WAN solutions, in a deal worth US$1.1 billion on an enterprise-value basis.
