Activist hedge fund Marcato Capital Management, backed by Blackstone Group and billionaire William Ackman, is shutting down as assets have shriveled after two years of poor returns, sources said on Sunday.
German cabin crew union Ufo said arbitration talks with Lufthansa on Sunday had failed and its members could stage strikes any time from now on, though they would spare passengers industrial action on Dec. 24, 25 and 26.
Boeing Co's Starliner astronaut spacecraft made a "bull's-eye" landing in the New Mexico desert on Sunday, a successful ending to a crewless test mission that two days earlier failed to reach the orbit needed to dock with the International Space Station.
Japanese hotel chain Unizo Holdings said on Sunday it had received a friendly buyout offer from U.S. investment fund Lone Star, a deal that could end a five-month takeover battle involving Blackstone Group , Fortress Investment Group and activist investor Elliott Management.
Boeing Co's Starliner astronaut spacecraft landed in the New Mexico desert on Sunday, the company said, after faulty software forced officials to cut short an unmanned mission aimed at taking it to the International Space Station.
A second probe into staff surveillance at Credit Suisse is set to clear Chief Executive Tidjane Thiam, Swiss newspaper SonntagsZeitung reported on Sunday.
LONDON: British supermarket giant Tesco suspended a Chinese supplier of Christmas cards on Sunday after a press report said a customer found a message written inside a card saying it had been packed by foreign prisoners who were victims of forced labour. "We abhor the use of prison labour...
British supermarket giant Tesco suspended a Chinese supplier of Christmas cards on Sunday after a press report said a customer found a message written inside a card saying it had been packed by foreign prisoners who were victims of forced labor.
For all the angst about trade wars, geopolitics and a sputtering and overly indebted global economy, 2019 might just be the best year investors have ever had.
WEST PALM BEACH, Fla.: President Donald Trump on Saturday said the United States and China would "very shortly" sign their so-called Phase One trade pact. "We just achieved a breakthrough on the trade deal and we will be signing it very shortly," Trump said at a Turning Point USA...
