Tencent turns to ByteDance in gaming showdown with NetEase
(Reuters) – Tencent Holdings (OTC:TCEHY) is relying on one-time bitter rival ByteDance to promote its most important video game release…
European stocks slip ahead of German Ifo; inflation data also in focus
European stock markets slipped mostly lower Monday, starting the penultimate week of the year in a subdued manner as investors…
Illumina to divest cancer test maker Grail after antitrust battles
(Reuters) – Gene sequencing company Illumina (NASDAQ:ILMN) said on Sunday it will divest cancer diagnostic test maker Grail after the…
Marketmind: Markets play ‘will they or won’t they’ on BOJ
A look at the day ahead in European and global markets from Wayne Cole. It’s been a subdued start to…
BlackRock to invest up to $400 million in Dubai decarbonisation firm Positive Zero
(Reuters) – BlackRock has agreed to invest up to $400 million in Dubai-based decarbonisation company Positive Zero through a diversified…
Apple stock slips on report China is ramping up iPhone ban efforts
Apple (NASDAQ:AAPL) shares fell 0.8% in pre-market Monday after Bloomberg News reported that various Chinese government agencies and state-backed companies…
Citigroup China investment bank plans delayed by data law -Bloomberg News
(Reuters) – Citigroup Inc (NYSE:C)’s plan to set up a wholly-owned securities business in China is taking longer than expected…
Festive food and fizz top Europeans’ Christmas shopping list
(Reuters) – Supermarkets in the UK and Europe are offering more own-brand festive food from roast duck to truffle crackers…
IBM to buy Software AG’s enterprise integration platforms for $2.3 billion
(Reuters) – IBM said on Monday that it would buy Software AG’s enterprise integration platforms for 2.13 billion euros ($2.33…
Hedge funds’ bearish bets get crushed in post-Fed meeting rally
(Reuters) – Global equities long/short hedge funds’ bets against U.S. stocks got squeezed in the last two days after U.S.…