Asian shares rose on Monday to a three-month high as risk assets got a fillip from hopes of a U.S.-China trade deal as soon as next month while the dollar marked time as focus shifts to a U.S. rate decision.
Logistics company Prologis Inc said on Sunday it had agreed to acquire commercial real estate firm Liberty Property Trust in an all-stock deal valued at about US$12.6 billion, including debt, to improve its presence in some U.S. markets.
Tired of that never-ending stream of work emails? We should not have allowed technology to doom us to endless distraction, says the Financial Times’ Pilita Clark.
The head of a US Senate panel reviewing two catastrophic Boeing 737 MAX crashes told Reuters ahead of hearings this week that the plane would not return to US skies until "99.9 per cent of the American public" and policymakers are convinced it is safe.
Lazard said in a statement on Sunday it had appointed Louis Girodolle as chief executive officer of Lazard Investment Banking in France.
Brazil is determined to lure airlines to operate domestic flights in Latin America's largest aviation market, and is taking meetings with at least three carriers, a senior government official told Reuters.
Brazil is working to bring the Boeing 737 MAX airplane back to service "by the end of the year," Civil Aviation Secretary Ronei Glanzmann said on Sunday.
Profits at China's industrial firms declined 5.3per cent in September from a year earlier, the National Bureau of Statistics said on Sunday.
UBS wants Iqbal Khan, co-head of its wealth management business, to drop his criminal complaint over a spying scandal that emerged after he left cross-town rival Credit Suisse , the SonntagsZeitung newspaper reported on Sunday.
China should ease regulations so that foreign financial institutions can obtain licenses and raise deposits more easily in the country, a senior executive from HSBC said on Sunday.
