Sometimes it’s best to just stay good friends. That’s Well Fargo’s take on the dissolution of merger talks between Altria Group and Philip…
Author: Robert Thomson
Costly repairs to Saudi Aramco oil facilities could take months, not weeks
The Saudi Arabian Oil Co. is in emergency talks with equipment makers and service providers, offering…
Hong Kong stock exchange makes $36.6 billion offer for London stock exchange
Hong Kong Exchanges and Clearing Limited (HKEX) said Wednesday it had made a proposal to the board…
Illinois joins multistate lawsuit against T-Mobile-Sprint merger
The state, along with 15 others and the District of Columbia, claims the proposed combination will stifle…
Bank Mergers Are No Silver Bullet for India
The benefits won’t be felt for years, while Modi’s government is staring at an economic crisis…
China to exempt Tesla cars from 10% purchase tax
BEIJING (Reuters) – China will exempt Tesla Inc’s (NASDAQ: TSLA) electric vehicles from its purchase tax, the Ministry of…
China’s online army shows foreign brands who’s in charge
China’s most powerful weapon as geopolitical storm clouds gather may not be tariffs or riot police,…
CBS and Viacom reach merger deal, ending years of discussions
CBS and Viacom have agreed to merge, ending years of on-and-off talks. The new company will be called ViacomCBS,…
Singapore Businesses See Sharp Downturn in Economy on Trade War
With no let-up apparent in global and regional trade tensions, Singapore’s business community has slashed its…
South Korea asks Japan not to impose tougher trade conditions
South Korea said on Wednesday a Japanese plan to remove South Korea from a Japanese list of countries that face…
Dollar recovers after walk-back of dovish Fed comments
The U.S. dollar rose in early trading on Friday, swinging back into positive territory after the…
JPMorgan Chase’s Profit Boosted by Consumer Unit
JPMorgan Chase & Co. said Tuesday that second-quarter profit rose 16%, with the strong performance of…