[ad_1] (Correct deal value to $39 billion in headline) FILE PHOTO: A trading screen is seen following the opening of the markets by British Chancellor of the Exchequer Philip Hammond and Chinese Vice-Premier Hu Chunhua
Refile: Tearful Ma bids Alibaba farewell with rock star show
[ad_1] (This story was refiled to clarify that Ma is resigning from Alibaba’s chairmanship) By Josh Horwitz HANGZHOU, China (Reuters) – A tearful Jack Ma formally stepped down as Alibaba chairman on Tuesday, donning a
U.S., China grant trade concessions as fresh talks loom
[ad_1] WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Wednesday welcomed China’s decision to exempt some U.S. anti-cancer drugs and other goods from its tariffs and announced a short delay to scheduled tariff hikes on
Hong Kong exchange shares fall after $39 billion takeover bid for LSE
[ad_1] HONG KONG (Reuters) – Hong Kong Exchanges and Clearing Ltd (HKEX) shares fell more than 3% on Thursday as investors weighed the merits of its $39 billion takeover approach to London Stock Exchange Plc
GE begins divestment of Baker Hughes with $2.7 billion share sale
[ad_1] FILE PHOTO: The General Electric Co. logo is seen on the company’s corporate headquarters building in Boston, Massachusetts, U.S. July 23, 2019. Picture taken July 23, 2019. REUTERS/Alwyn Scott/File Photo (Reuters) – General Electric
Global Markets: Asian stocks rise on hopes for U.S.-China trade, monetary stimulus
[ad_1] TOKYO (Reuters) – Asian stocks rose on Thursday on hopes for a thaw in U.S.-China trade frictions and expectations that the European Central Bank will kick off another wave of monetary easing by global
Blackstone raises $20.5 billion for largest ever real estate fund
[ad_1] FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid
AB InBev resumes exploring Budweiser listing two months after pulling out
[ad_1] FILE PHOTO: The logo of Anheuser-Busch InBev pictured outside the brewer’s headquarters in Leuven, Belgium, February 28, 2019. REUTERS/Francois Lenoir/File Photo (Reuters) – Anheuser-Busch InBev (ABI.BR) said on Thursday it is continuing to explore
Hong Kong Exchange faces uphill battle with $39 billion bid for LSE
[ad_1] LONDON (Reuters) – Hong Kong Exchanges and Clearing Ltd (HKEX) (0388.HK) unveiled a $39 billion takeover approach to the London Stock Exchange Plc (LSE) (LSE.L) on Wednesday that received a cool response from investors
Trade hopes buoy Wall Street as China extends olive branch
[ad_1] NEW YORK (Reuters) – Wall Street moved higher on Wednesday, led by tariff-sensitive technology and industrial stocks after China extended an olive branch ahead of next month’s trade negotiations with the United States. Traders