Goldman Sachs used derivatives to help Exor build $2.8 billion Philips stake, filings show
(Reuters) – Investment company Exor (OTC:EXXRF) was able to build a 15% stake in Dutch healthcare group Philips without triggering…
BAE Systems snaps up Ball Corp’s aerospace arm for about $5.55 billion
(Reuters) – Britain’s BAE Systems (OTC:BAESF) on Thursday agreed to buy Ball Corp (NYSE:BALL)’s aerospace assets for about $5.55 billion…
Progressive leads S&P 500 stocks after impressive July performance
Shares of Progressive Corp. (NYSE:PGR) climbed Wednesday morning after it reported strong July results. The stock surged by as much…
China’s JD.com beats revenue estimates despite slowing economy
(Reuters) – JD.com beat analyst forecasts for second-quarter revenue on Wednesday, as the Chinese e-commerce giant’s focus on lower-priced products…
Oil steadies as China fears counter tighter US supply expectations
(Reuters) – Oil prices were little changed on Wednesday as investors weighed worries about China’s embattled economy against expectations of…
Wall Street mixed, dollar dips ahead of Fed minutes
(Reuters) – Wall Street opened in mixed territory Wednesday while the dollar slid slightly, as investors weighed concerns over China’s…
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.18%
Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Transport, Retail and Financial Services sectors…
Visa’s pricing of ‘Token’ technology under DOJ probe – Bloomberg News
(Reuters) – Visa is under investigation by the Department of Justice over allegedly charging retailers more for not using the…
VinFast shares slip after soaring in debut trading day
Shares in VinFast Auto (NASDAQ:VFS) slumped sharply in early U.S. trading on Wednesday after the Vietnamese electric vehicle start-up’s stock…
Intel scraps $5.4 billion Tower deal after China review delay
(Reuters) – Intel Corp scrapped its $5.4 billion deal to buy Israeli contract chipmaker Tower Semiconductor (NASDAQ:TSEM) Ltd after their…