European stocks are expected to open higher Tuesday morning, as investors monitored a fresh batch of corporate earnings while oil prices gave up some of their recent gains. Looking to the major bourses, the U.K.’s FTSE 100 is expected to open 22 points higher at 7,585, while the German DAX is set to start on […]
Read morePresident Donald Trump on Tuesday flew into South Korea, the closest he has come to the frontlines of the nuclear standoff with North Korea, saying a solution must be found to the security threat posed by Pyongyang. Landing at Osan Air Base outside Seoul, the president and First Lady Melania Trump stepped down from Air […]
Read moreCurrency, United States Finance
It's becoming clear just how worried UK firms are about a Brexit cliff-edge
As British diplomats prepare for the latest round of Brexit negotiations in Brussels, an uncertain outcome continues to weigh on the corporate sector, particularly in the U.K. On Monday, Theresa May repeatedly insisted to an audience of business leaders that her government is trying to build “an economy fit for the future,” and she is […]
Read moreJapanese Finance Minister Taro Aso said on Tuesday that Japan would not enter a bilateral free trade agreement (FTA) with the United States to resolve the two countries’ trade imbalance. Speaking to reporters after a cabinet meeting, Aso said it was true that the United States was running a trade deficit but said the situation […]
Read moreSalesforce stock rose 2.5 percent after hours on Monday after the company disclosed guidance for its 2019 fiscal year for the first time. The guidance suggests the company could post revenue growth of up to 20 percent. In a statement the company said it would bring in $12.45 billion to $12.5 billion in revenue for […]
Read moreRazer, a gaming hardware maker backed by Intel and Hong Kong billionaire Li Ka-shing, has priced its initial public offering (IPO) near the top end of the range, raising HK$4.12 billion ($528 million), IFR reported on Tuesday. The IPO has been priced at HK$3.88, the Thomson Reuters publication reported, adding the company, which is based […]
Read moreA Disney-Fox tie-up could make life increasingly difficult and more costly for Netflix. CNBC reported on Monday, citing sources familiar with the matter, that 21st Century Fox has been in talks to sell most of the company to Walt Disney. While there’s no guarantee that a deal will be finalized, the discussions point to a […]
Read moreWhen it comes to mergers, it’s not always clear who wins. But in the case of the potential Disney-Fox tie-up, CNBC’s Jim Cramer had a pretty clear idea of who might. “Disney would be buying the non-sports non-news part of the business, creating an unprecedented level of scale that would make them the king of […]
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