[ad_1] LONDON/NEW YORK (Reuters) – Global mergers and acquisitions (M&A) sank 17 percent in the first quarter of 2019, as concerns about an economic slowdown and fears of a no-deal Brexit in Europe spooked chief
State-owned MSTC falls on market debut
[ad_1] A rupee coin is seen in this picture illustration taken in Mumbai April 30, 2012. REUTERS/Vivek Prakash/Files (Reuters) – Shares of MSTC Ltd fell more than 13 percent on their market debut on Friday
SE Asia should be aware of Iran’s tactics to evade oil sanctions: U.S
[ad_1] FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi/File Photo SINGAPORE (Reuters) – The
China’s Huawei posts higher profit as smartphone sales hit record
[ad_1] SHENZHEN/HONG KONG (Reuters) – China’s Huawei Technologies, the world’s third-biggest maker of smartphones, turned in a higher annual profit on record handset sales even as it continued to grapple with heightened global scrutiny amid
Oil prices rise amid OPEC’s ongoing supply cuts, U.S. sanctions
[ad_1] SINGAPORE (Reuters) – Oil prices rose on Friday, pushed up by ongoing supply cuts led by producer club OPEC and U.S. sanctions against Iran and Venezuela, which have given crude markets the biggest first
U.S.’ Mnuchin says had ‘productive working dinner’ in China
[ad_1] FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin, a member of the U.S. trade delegation, speaks to the media upon his arrival at a hotel in Beijing, China March 28, 2019. REUTERS/Jason Lee BEIJING (Reuters)
Wells Fargo CEO Tim Sloan steps down
[ad_1] (Reuters) – Wells Fargo & Co said on Thursday Tim Sloan will resign immediately as chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal.
Swedbank dumps CEO as money laundering claims spook investors
[ad_1] STOCKHOLM (Reuters) – Swedbank dismissed Birgitte Bonnesen as chief executive on Thursday only an hour before its annual meeting after disgruntled shareholders rounded on her handling of a rapidly-growing money laundering scandal. The lender
Exclusive: Magellan Health nears settlement with hedge fund Starboard Value – sources
[ad_1] NEW YORK/BOSTON (Reuters) – U.S. healthcare plan and pharmacy benefits manager Magellan Health Inc. is nearing a settlement with Starboard Value LP to expand its board of directors by several seats, including with a
Wall Street ends up as yields, trade optimism rise
[ad_1] NEW YORK (Reuters) – U.S. stocks climbed on Thursday as Treasury yields rose off 15-year lows, with investors optimistic about the latest round of U.S.-China trade talks. Traders work on the floor at the