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Markets

Healthcare, bullish bets dominate hedge-fund Sohn Investment Conference picks

(Note: story contains offensive language in paragraph four)

Markets

Oil prices rebound from one-month low after Trump’s tariff threat

NEW YORK: Oil futures edged higher in volatile trade on Monday as rising tensions between the United States and Iran buoyed prices, which earlier touched a one-month low after US President Donald Trump said he may raise tariffs on Chinese goods. Brent crude futures rose 54 cents to US$71.39 a...

Markets

Morgan Stanley to shut down its Russian banking business in first quarter 2020

Morgan Stanley is planning to send a formal notice to the Russian central bank that it will close down its banking operations in the country in the first quarter of 2020, its Russian unit said in its annual report.

Markets

Japan’s SoftBank taps into Mexican fintech startup Clip: sources

Japan's SoftBank Group invested about US$20 million in Mexican payments startup Clip early this year, one of its first Latin America deals as it launches a US$5 billion technology fund in the region, said three people familiar with the matter.

Markets

Occidental says its only option was to boost cash piece of Anadarko bid

Occidental Petroleum Corp said on Monday that its latest bid to take over Anadarko Petroleum Corp was designed to make sure Anadarko's board considers its offer superior to one from Chevron Corp .

Markets

Starbucks’ China rival Luckin looks to raise up to US$586.5 million in IPO

Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, is looking to raise up to US$586.5 million, its filing with the U.S. Securities and Exchange on Monday showed.

Markets

European stocks tumble as Trump threatens China tariffs

PARIS: President Donald Trump sent global stock markets tumbling on Monday (May 6) by threatening to hike tariffs on US$200 billion of Chinese goods to force the pace in stuttering trade talks between the economic superpowers. Equities in Asia, Europe and the US were a sea of red as Trump's...

Markets

Malaysia minister accuses EU of palm oil ‘trade war’

Malaysia on Monday accused the EU of launching a "trade war" over a plan to curb the use of palm oil in biofuels and threatened retaliatory action at the WTO.

Markets

Google set to launch privacy tools to limit online tracking: WSJ

Alphabet Inc's Google is set to roll out a dashboard-like function in its Chrome browser to offer internet users more control in fending off tracking cookies, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Markets

Volkswagen sounds out buyers for MAN Energy Solutions -sources

Volkswagen has approached several companies to gauge their appetite for buying MAN Energy Solutions, a unit which makes large diesel engines used in ships and power generators, people close to the matter said.

Markets

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