LONDON: Top-10 Just Eat investor Aberdeen Standard Investments said it welcomed a planned merger with rival Takeaway.com, but the current deal terms did not value the British company highly enough. Amsterdam-based Takeaway.com agreed on Monday to buy Just Eat in a 8.2 billion pound (US$10.1 ...
European governments widened their search for a new head of the International Monetary Fund, extending a deadline to 1800 GMT on Thursday so that Britain can put forward a candidate, people close to the negotiations said.
REUTERS: U.S. stocks bounced back on Thursday, helped by technology shares as focus shifted to corporate earnings after a cautious message from the Federal Reserve on interest rates drove some of the biggest falls since May in the previous session. The U.S. central bank reduced borrowing costs by ......
MUMBAI: Maharashtra has granted infrastructure project status for a US$10-billion plan to build the world's first ultra-fast hyperloop project, aiming to link the financial hub of Mumbai with the neighbouring city of Pune. Proposed as a replacement to existing rail infrastructure, hyperloops use ...
The number of Americans filing applications for unemployment benefits increased last week, but the trend in claims remained consistent with tightening labor market conditions.
REUTERS: Verizon Communications Inc on Thursday beat second-quarter profit estimates as the largest U.S. mobile carrier added far more net monthly phone subscribers than expected. Shares of the Dow component rose 1.1per cent before the bell after the company said it added a net 245,000 phone ...
General Motors Co on Thursday posted a flat quarterly net profit that handily beat market expectations, helped by U.S. sales of high-margin pickup trucks, SUVs and crossovers.
Intercontinental Exchange Inc , which owns the New York Stock Exchange, on Thursday beat analysts' estimates for quarterly profit, helped by growth across its transaction and clearing business and data services unit.
US grains merchant Archer Daniels Midland Co reported a 41.3per cent drop in second-quarter adjusted profit, hit by severe weather in the country earlier this year and as U.S.-China trade tensions weighed on trading in agri commodities.
The apparent suicide of India's coffee baron V.G. Siddhartha, under investigation by tax authorities, has inflamed anger toward the government among business leaders who feel it is going too far in its crackdown on fraud and tax evasion.
