Markets

A bipartisan group of 15 U.S. senators urged the Commerce Department to suspend issuing licenses to U.S. firms that conduct business with China's Huawei Technologies Co.

A bipartisan group of 15 U.S. senators urged the Commerce Department to suspend issuing licenses to U.S. firms that conduct business with China's Huawei Technologies Co.

Consumer goods giants Unilever and Henkel and a series of buyout funds including Advent and Cinven are talking to U.S. cosmetics maker Coty to submit bids for some of its most popular beauty brands, three sources told Reuters.

Xerox Corp on Thursday threatened to take its US$33.5 billion buyout bid for HP Inc hostile, if the personal computer maker did not agree to a "friendly" discussion before Nov. 25.

U.S. Transportation Secretary Elaine Chao on Thursday granted final approval for an expanded trans-Atlantic joint venture for Delta Air Lines Inc , Air France KLM SA and Virgin Atlantic.

A possible purchase by brokerage giant Charles Schwab Corp. of rival TD Ameritrade reflects a more relaxed mood under Trump administration regulators, which has helped unleash other big-ticket takeovers in the financial sector, analysts said.

REUTERS: Y Combinator, a Silicon Valley incubator of start-ups, said on Thursday it would close YC China, a Chinese version of its U.S. programme. The move comes as tensions rise between the United States and China over trade and intellectual property in the technology sector. Y Combinator said ......

ZURICH/FRANKFURT: Private equity group Warburg Pincus is working with Goldman Sachs and Barclays on the planned 2020 sale or initial public offering of Swiss banking software company Avaloq, people close to the matter said. The buyout group, which owns 45per cent of Avaloq, is expected to ...

LISBON: Thousands of Portuguese police officers on Thursday (Nov 21) marched through Lisbon to demand better pay and conditions in the first major protest since the Socialists were returned to office in elections last month. Wearing plainclothes, the police demanded "fair wages and decent working ...

SAN FRANCISCO: A former Twitter Inc employee accused of spying for Saudi Arabia may be freed pending trial, a U.S. District Court judge ruled on Thursday. Ahmad Abouammo and two other men were indicted earlier this month on spying charges in a case that puts Silicon Valley in the...