700CLUBNEWS.COM: Latest News of The Day 18:17, 2019-08-13

Amazon in talks to buy up to 10% stake in India's Future Retail: Bloomberg

Amazon.com Inc is in late-stage talks to buy as much as 10% of India's Future Retail Ltd , Bloomberg reported on Tuesday, citing people familiar with the matter....

Amazon in talks to buy up to 10% stake in India's Future Retail: Bloomberg

Source: reuters.com

Amazon in talks to buy stake in India's Reliance Retail: ET Amazon.com Inc is in exploratory talks with Reliance Industries Ltd-owned Reliance Retail for buying up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported (https://economictimes.indiatimes.com/industry/services/retail/amazon-may-shop-for-stake-in-reliance-r...
07:00, 2019-08-01

RPT-Amazon in talks to buy stake in India's Reliance Retail - ET Amazon.com Inc is in exploratory talks with Reliance Industries Ltd-owned Reliance Retail for buying up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported https://economictimes.indiatimes.com/industry/services/retail/amazon-may-shop-for-stake-in-reliance-reta...
06:17, 2019-08-01

Amazon in talks to buy stake in India's Reliance Retail: sources Amazon.com Inc is in talks with Reliance Industries Ltd's retail unit to buy a stake in India's biggest brick-and-mortar retailer, two sources with knowledge of the talks told Reuters on Friday....
17:34, 2019-08-02

UPDATE 1-Amazon in talks to buy stake in India's Reliance Retail - ET Amazon.com Inc is in exploratory talks with Reliance Industries Ltd-owned Reliance Retail for buying up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported https://economictimes.indiatimes.com/industry/services/retail/amazon-may-shop-for-stake-in-reliance-reta...
06:17, 2019-08-01

Amazon in early talks to buy stake in India's Reliance Retail: ET Amazon.com Inc is in exploratory talks with Reliance Industries Ltd's retail unit to buy an up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported on Thursday....
16:00, 2019-08-01

WeWork considers $1.9 billion offer for 70% Indian affiliate stake: Bloomberg Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter....
08:51, 2019-06-14

WeWork considers $1.9 billion offer for 70% stake in Indian affiliate: Bloomberg Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter....
14:51, 2019-06-14

UPDATE 1-WeWork considers $1.9 bln offer for 70% stake in Indian affiliate -Bloomberg Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter....
13:34, 2019-06-14

Is Shopping On A 1930s Yacht The Future Of Retail? A floating boutique that sailed its way along the Tyrrhenian Coast now hosts some of your favourite brands... and an extraordinary shopping experience...
21:34, 2019-06-13

PG&E in talks with lawmakers on $11 billion fund: Bloomberg Troubled power utility company PG&E Corp has spoken to lawmakers for arranging about $11 billion fund to settle claims related to wildfires, Bloomberg reported on Wednesday....
23:51, 2019-06-05

GSK in talks to name HSBC's Symonds as its next chairman: Bloomberg GlaxoSmithKline Plc is in talks to name HSBC's deputy chairman Jonathan Symonds as the next chairman of the British drugmaker, Bloomberg reported on Sunday, citing a person familiar with the matter....
21:17, 2019-07-14

Protests in Albania: Its democracy and EU future at stake Albania's opposition parties hold their latest anti-government protest Saturday with a strong likelihood that it will turn violent, dealing another blow to the country's shrinking hopes that the European Union will agree to launch full membership negotiations with the ex-communist nation....
22:17, 2019-06-07

Protests hold Albania’s democracy, its EU future at stake TIRANA, Albania (AP) — Albania’s opposition parties hold their latest anti-government protest Saturday with a strong likelihood that it will turn violent, dealing another blow to the country’s shrinking hopes that the European Union will agree to launch full membership negotiations with ...
18:00, 2019-06-07

GM CEO to United Auto Workers: 'Our collective future is at stake' General Motors CEO and Chairman Mary Barra on Tuesday pleaded for United Auto Workers union leaders to assist, not hinder, the company's ongoing restructuring efforts to better position GM for the future....
20:17, 2019-07-16

Treasury's Mnuchin says Amazon 'destroyed' U.S. retail sector U.S. Treasury Secretary Steven Mnuchin said on Wednesday that online giant Amazon.com Inc "destroyed the retail industry across the United States."...
01:17, 2019-07-25

Amazon's Revolutionary Retail Strategy? Recycling Old Ideas Opinion: Amazon's prevailing business strategy is to try everything—even what's been done before—to reshape retail. Sound backward? It's actually brilliant....
23:01, 2019-07-31

Cramer: Four stocks are putting up a fight against Amazon in retail "In a retail environment dominated by a handful of players ... there are smaller operators that we have found ways to like and win with," Jim Cramer says....
04:17, 2019-07-10

The Democratic Party’s future is at stake in state legislative races This is the last election cycle before redistricting could lock them out of control of state legislatures and some congressional seats for another decade....
05:34, 2019-08-15

Amazon has ‘destroyed’ retail and should be scrutinized, Treasury chief Mnuchin says The comments come one day after the Justice Department announced it was opening a wide-ranging antitrust review of the “market-leading online platforms."...
19:51, 2019-07-24

Amazon has 'destroyed the retail industry across the United States,' Mnuchin says Treasury Secretary Steve Mnuchin said that although Amazon has provided certain benefits to the consumer, the Jeff Bezos-led company has "destroyed the retail industry across the United States."...
22:00, 2019-07-24

What’s at Stake in U.S.-Japan Trade Talks More than two years after U.S. President Donald Trump walked away from a regional Asia-Pacific trade agreement, the U.S. and Japan -- the world’s largest and third-largest economies -- are negotiating a deal of their own. Both sides insist they want a “win-win” outcome, but as evidenced by the Trump...
03:51, 2019-05-25

U.S.-China trade talks: where they are and what's at stake U.S. President Donald Trump and Chinese President Xi Jinping are due to meet on Saturday at the Group of 20 (G20) summit in Japan to try to resurrect a deal to end a costly trade war....
22:34, 2019-06-28

Tencent in Talks for Stake in Universal Music Tencent is negotiating to buy 10% of Universal, the world’s largest music company, for about $3.36 billion, a deal that would strengthen the Chinese internet giant’s growing clout in the global record industry....
06:17, 2019-08-07

Explainer: U.S.-China trade talks - where they are and what's at stake U.S. President Donald Trump and Chinese President Xi Jinping agreed this week to meet at the G20 summit in Japan in late June to discuss how to end a nearly year-long trade war....
20:00, 2019-06-20

WPP in Talks to Sell Kantar Stake to Bain Capital The sale would mark the biggest move yet by Chief Executive Mark Read in his effort to revive WPP’s fortunes since taking over the top job last year....
21:51, 2019-07-01

Former Snap exec Imran Khan takes aim at Amazon as retail site Verishop goes live Imran Khan's retail website, Verishop, is going live on Tuesday. It sells a mix of designer apparel, home goods and beauty products from brands including Levi's and Boll & Branch....
19:34, 2019-06-18

WPP in exclusive talks to sell Kantar stake to Bain Capital WPP is in exclusive talks to sell a majority stake in its data analytics unit Kantar to private equity firm Bain Capital, it said on Monday, in a $4 billion deal aimed at steering the world's biggest advertising company back to growth....
10:34, 2019-07-02

Chinese firm in talks to buy stake in Universal Music Group One of the winners of a potential $3.36 billion deal for a stake in Universal Music Group is Vincent Bollore, who controls the French conglomerate that owns the music giant. On Tuesday, it was reported that Chinese investment firm Tencent Holdings is in talks to buy a 10 percent stake in Universal —...
08:51, 2019-08-07

Buffett's Berkshire unveils $861 million Amazon stake Warren Buffett's Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief......
15:01, 2019-05-21

Tencent in Talks for Stake in Ariana Grande, Queen's Record Label Tencent is negotiating to buy 10% of Universal, the world’s largest music company, for about $3.36 billion, a deal that would strengthen the Chinese internet giant’s growing clout in the global record industry....
17:00, 2019-08-06

Tech firm Tencent in talks to buy stake in Universal Music Group Deal will improve promotion of artists and help identify new talent, says VivendiThe Chinese tech company Tencent is in talks to take a 10% stake in Universal Music Group (UMG), the label to stars including Taylor Swift, the Beatles and Lady Gaga, based on a valuation of the world’s biggest music la...
23:00, 2019-08-06

Renault in Talks on Nissan Stake, Hopes to Revive Fiat Deal Top executives at Nissan and Renault are trying to hash out a deal to reshape their global alliance, a step top executives at the French car company hope will pave the way for merger talks with Fiat Chrysler to resume....
06:00, 2019-08-03

Mantle Ridge's Hilal buys stake in Aramark, eyes talks with management Activist investor Paul Hilal's Mantle Ridge LP bought nearly 10% of U.S. food services company Aramark's common stock and while it plans to push for changes, the fund is stopping short of making an outright bid for the company, a regulatory filing showed....
00:34, 2019-08-17

KKR in talks to sell majority stake in French call centre operator Webhelp Private equity firm KKR & Co Inc said on Wednesday it is in talks to sell a majority stake in French call centre business Webhelp to Belgian investment firm Groupe Bruxelles Lamber for on an enterprise value of 2.4 billion euros ($2.69 billion)....
12:51, 2019-07-10

UPDATE 1-Mantle Ridge buys stake in Aramark, eyes talks with management Activist investor Paul Hilal's Mantle Ridge LP has bought nearly 10% of Aramark's common stock to push for changes at the U.S. food services company, a regulatory filing showed on Friday....
15:34, 2019-08-17

Qatar's state-backed group and PSG owner in talks for stake in Leeds United: FT Qatar Sports Investments, a state-backed body founded by the emir of Qatar, Sheikh Tamim bin Hamad Al Thani, is in discussions to buy a stake in English soccer club Leeds United, the Financial Times reported on Saturday, citing people familiar with the talks....
02:17, 2019-05-26

If we're living through a “retail apocalypse,” why are e-commerce leaders like Amazon, Alibaba, and JD.com so focused on building brick-and-mortar stores? (AMZN, BABA, JD) This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. Current subscribers can read the report here. If we're living through a “retail apocalypse” that spell...
01:51, 2019-05-28

Jeff and MacKenzie Bezos are officially divorced. Now they're divvying up their Amazon stake Amazon founder Jeff Bezos and his ex-wife MacKenzie Bezos have completed their divorce and are divvying up their stake in Amazon.       ...
22:51, 2019-08-01

Jeff and MacKenzie Bezos are officially divorced. Now they're divvy up their Amazon stake Amazon founder Jeff Bezos and his ex-wife MacKenzie Bezos have completed their divorce and are divvying up their stake in Amazon.       ...
20:17, 2019-08-01

Amazon Renews Efforts to Enter Europe’s Food Sector With a Big Stake in U.K. Meal Courier Deliveroo Deliveroo announced on Friday that Amazon is the largest investor in the U.K.-based meal delivery company’s latest round of funding. Although the specific amount was not disclosed, the funding round totaled $575 million, according to a Deliveroo statement. This brings the company’s total...
15:17, 2019-05-21

U.S. and China both play tug of war with Huawei over future trade talks Yesterday, we pointed out some comments made by President Donald Trump that made it clear that his administration is using Huawei as a bargaining chip for future trade talks with China. Trump told a reporter yesterday, "So it’s possible that Huawei even would be included in some kind of a trade deal...
05:34, 2019-05-25

UPDATE 2-Nissan wants Renault to reduce stake to revive Renault-FCA deal talks- WSJ Carmakers Nissan Motor Co and Renault SA are trying to reach a deal to reshape their global alliance, in hopes of reviving Renault's merger talks with Italy's Fiat Chrysler Automobiles NV, the Wall Street Journal reported on Friday, citing emails and people briefed on the talks....
08:17, 2019-08-03

Nissan wants Renault to reduce stake to revive Renault-FCA deal talks: WSJ Carmakers Nissan Motor Co and Renault SA are trying to reach a deal to reshape their global alliance, in hopes of reviving Renault's merger talks with Italy's Fiat Chrysler Automobiles NV , the Wall Street Journal reported on Friday, citing emails and people briefed on the talks....
03:17, 2019-08-03

Nissan wants Renault To Reduce Stake To Revive Renault-FCA Deal Talks - Wall Street Journal Carmakers Nissan Motor Co and Renault SA are trying to reach a deal to reshape their global alliance, in hopes of reviving Renault's merger talks with Italy's Fiat Chrysler Automobiles NV, the Wall......
21:34, 2019-08-04

North Korea threatens to freeze South out of future talks A senior North Korean official has railed against ongoing US-South Korea joint military drills and threatened to freeze out Seoul by only holding future talks with Washington....
04:00, 2019-08-12

Irish PM urges Britain, EU to start talks on future relationship Ireland's prime minister urged Britain and the European Union on Tuesday to use the time until Brexit, set for Oct. 31, to explore alternative arrangements as part of a joint political declaration on their future relationship....
01:17, 2019-08-07

Amazon pledges support for future government work Tech giants often work alongside the government to help with a variety of projects and the head of Amazon's cloud computing division has revealed that the company is open to working with any government agency that follows the law.This is in stark contrast to its top rivals, Microsoft and Google...
19:17, 2019-06-11

‘There’s a Bigger Lesson’: Laverne Cox Talks About the Future of Trans Visibility—Onscreen and Off Laverne Cox is looking beyond being “first.” Now nominated for her third Emmy since 2014 for Orange Is the New Black, which just aired its final season, the actress and activist, indisputably a pioneer in her field, spoke to W magazine about the honor. In particular, Cox spoke about the unique chall...
15:34, 2019-08-16

Taylor Swift at the Amazon Prime Day concert was our terrible future, now As smooth, immoveable faces of the oncoming social collapse-cum-takeover by a megacorp go, you could do worse than pick SwiftIs this the year we interrogate how truly strange and unusual Prime Day is? Prime Day, in review: a much-hyped, multiple-day shopping event hosted by Amazon, a sort of self-ac...
20:17, 2019-07-11

Chasing Amazon: The store of the future is already here as retailers up their tech game From holograms that greet shoppers at the door, to a robot that alerts when inventory is low, technology has become retailers primary battleground        ...
14:38, 2019-05-21

Callum Hudson-Odoi set for Chelsea talks over future amid Bayern interest • Representatives to discuss new contract in coming days• Lampard says Hudson-Odoi ‘can be a big player for us’Callum Hudson-Odoi’s representatives will hold talks with Chelsea in the next few days to discuss his future at Stamford Bridge after head coach Frank Lampard admitted the teenager “can be ...
16:17, 2019-07-18

Amazon's Facial Analysis Program Is Building A Dystopic Future For Trans And Nonbinary People In 2017, the Washington County Sheriff’s Office, just outside Portland, Oregon, wanted to find a man covered in dollar bills. The unidentified man, whose profile photo showed him lying on a bed covered in paper money, had been making concerning posts on Facebook, the sheriff’s office said. So the de...
19:51, 2019-06-27

Paper Round: City start Felix talks, Chelsea eye Coutinho as Sarri future reaches crunch time "Manchester City have begun talks over Joao Felix, Chelsea are eyeing Philippe Coutinho and Maurizio Sarri’s future takes a twist. It’s Friday’s Paper Round."...
04:17, 2019-05-31

BIG TECH IN HEALTHCARE: How Alphabet, Amazon, Apple, and Microsoft are shaking up healthcare — and what it means for the future of the industry (GOOGL, AAPL, AMZN, MSFT) This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. Business Insider Intelligence The healthcare industry is undergoing a profound transformation. Costs are skyrocketing...
21:51, 2019-07-19

Huawei first-half revenue up about 30% despite U.S. ban: Bloomberg Huawei Technologies Co Ltd's revenue grew roughly 30% in the first half after select teams secured critical supplies to keep production going despite U.S. technology export restrictions, Bloomberg reported on Tuesday, citing people familiar with the matter....
15:17, 2019-07-23

PG&E to float $31 billion restructuring plan: Bloomberg Power producer PG&E Corp will propose a $31 billion bankruptcy restructuring plan that will include two funds worth a total of $34 billion to cover past and future wildfire claims, Bloomberg reported https://twitter.com/scottdeveau/status/1142117995680030720 on Friday....
19:34, 2019-06-21

Bloomberg: Galaxy Fold redesign is complete Still waiting for Samsung's first foldable phone? Bloomberg cites anonymous sources saying that Samsung has completed a redesign of the Galaxy Fold in just two months. The protective film now covers the entire screen and stretches into the bezel so p......
05:17, 2019-07-03

Michael Bloomberg is the richest person in New York Michael Bloomberg is the richest person in New York, according to a Forbes 2019 analysis of the wealthiest residents by state. The former mayor is worth $53.8 billion, good enough to be considered the ninth-richest person in the world. Bloomberg replaced Koch Industries majority owner David Koch, wh...
19:00, 2019-06-27

Michael Bloomberg Promises $500 Million to Help End Coal The pledge by the former New York City mayor is part of an effort to close every coal-fired power plant in the United States and halt the growth of natural gas....
05:17, 2019-06-07

WeWork looking for $2.75 bln credit line ahead of IPO - Bloomberg Workspace operator WeWork Cos is in talks with banks to raise $2.75 billion in debt ahead of its initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter....
20:34, 2019-05-29

Bloomberg joins de Blasio in blasting Trump over gun control New York’s current and most-recent former mayors slammed President Trump at an all-day gun-control forum in Iowa on Saturday — but first, Michael Bloomberg took a dig at one of the Democrats’ top presidential contenders. Multibillionaire ex-Mayor Bloom­berg told the crowd at an Everytown for Gun Saf...
08:00, 2019-08-11

Alibaba mulls second listing to raise $20 billion: Bloomberg Alibaba Group Holding Ltd is considering raising $20 billion through a second listing in Hong Kong, Bloomberg reported on Monday, citing unnamed people with knowledge of the matter....
21:34, 2019-05-27

Turkey seeks jail terms for two Bloomberg reporters A Turkish court has accepted an indictment from the country's banking watchdog (BDDK) requesting a jail sentence for two Bloomberg reporters and 36 other people....
13:51, 2019-06-14

UPDATE 1-Alibaba mulls second listing to raise $20 bln -Bloomberg Alibaba Group Holding Ltd is considering raising $20 billion through a second listing in Hong Kong, Bloomberg reported on Monday, citing unnamed people with knowledge of the matter....
23:17, 2019-05-27

Bloomberg: T-Mobile's merger could require creating a competitor While FCC commissioner Ajit Pai is ready to recommend approval of a merger between T-Mobile and Sprint, the Department of Justice has been reportedly unconvinced. Now Bloomberg reports that one thing the two could do to convince unnamed "top" officia......
10:51, 2019-05-30

U.S. to probe French plan for tax on tech companies -Bloomberg Tax U.S. President Donald Trump is set to order an investigation into France's planned tax on technology companies that could potentially lead to the United States imposing new tariffs or other trade restrictions, Bloomberg Tax reported on Wednesday....
00:00, 2019-07-11

WeWork looking for $2.75 billion credit line ahead of IPO: Bloomberg Workspace operator WeWork Cos is in talks with banks to raise $2.75 billion in debt ahead of its initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter....
03:51, 2019-05-30

Boeing faces SEC probe into disclosures about 737 MAX problems: Bloomberg The U.S. Securities and Exchange Commission is probing whether Boeing Co provided sufficient disclosures about issues related to its 737 MAX jets, which have been grounded worldwide after two deadly accidents, Bloomberg reported on Friday....
20:00, 2019-05-24

Bombardier to lay off 550 workers at Thunder Bay, Ontario, plant: BNN Bloomberg Canada's Bombardier Inc is laying off half the 1,100 workers at its Thunder Bay, Ontario, railway car plant, BNN Bloomberg reported on Tuesday, citing a federal government source....
02:17, 2019-07-10

Bloomberg donates $500M in bid to close all coal plants in US Former Mayor Michael Bloomberg is donating half a billion dollars to a new environmental campaign to close all of the coal plants in the US by 2030, he announced Thursday. Bloomberg, who is estimated to be worth $54 billion, is making the donation to the campaign called “Beyond Carbon” in an effort ...
08:51, 2019-06-07

Boeing faces SEC probe into disclosures about 737 MAX problems - Bloomberg The U.S. Securities and Exchange Commission is probing whether Boeing Co provided sufficient disclosures about issues related to its 737 MAX jets, which have been grounded worldwide after two deadly accidents, Bloomberg reported on Friday....
20:00, 2019-05-24

Alibaba files for Hong Kong listing - Bloomberg Alibaba Group Holding Ltd has filed confidentially for a Hong Kong initial public offering, Bloomberg reported https://bloom.bg/2ICeJNR on Thursday, citing people familiar with the matter....
09:34, 2019-06-13

Coal-state Dem slams Bloomberg over climate initiative Centrist Democratic Sen. Joe Manchin, D-W.Va., on Monday blasted former New York Mayor Michael Bloomberg’s plan to shut down all coal plants in the U.S. in 11 years -- saying it would “devastate” communities in his state. ...
18:17, 2019-06-11

UniQure NV weighs options including sale -Bloomberg Gene therapy company UniQure NV is exploring options including a sale amid interest from other pharmaceutical companies looking to expand in gene therapy, Bloomberg reported on Sunday citing people with knowledge of the matter....
20:34, 2019-06-16

Trump believes he has authority to demote Fed's Powell: Bloomberg U.S. President Donald Trump believes that he has the authority to replace Federal Reserve Chair Jerome Powell and demote him to be a board governor, but is not planning to do so presently, Bloomberg reported on Wednesday, citing people familiar with the matter....
03:17, 2019-06-20

Huawei founder says he would oppose Chinese retaliation against Apple- Bloomberg Huawei Technologies' founder and Chief Executive Ren Zhengfei told Bloomberg https://bloom.bg/2HT7DUY that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any such move from China against the iPhone maker....
04:00, 2019-05-27

Michael Bloomberg pledges $500M to shutter U.S. coal plants Former Mayor of New York City Michael Bloomberg Pledged Thursday to donate $500 million to a new campaign that aims to shutter U.S. coal plants by 2030 to curb climate change, his philanthropist foundation said. ...
06:34, 2019-06-07

Facebook paid contractors to transcribe users' audio: Bloomberg Facebook Inc has been paying outside contractors to transcribe audio clips from users of its services, Bloomberg reported on Tuesday, citing people familiar with the matter....
21:51, 2019-08-13

J&J faces U.S. criminal probe related to baby powder: Bloomberg The U.S. Justice Department is pursuing a criminal probe into whether Johnson & Johnson lied about potential cancer risks of its talcum powder and has convened a grand jury in Washington, Bloomberg reported on Friday, citing people with knowledge of the matter....
22:17, 2019-07-12

Bloomberg reporters face jail for reports on Turkish crisis ANKARA, Turkey (AP) — U.S.-based Bloomberg news agency says Turkish prosecutors are seeking up to five-year jail terms for two of its Istanbul-based reporters over their report on last year’s currency crisis. Bloomberg said late Thursday that Kerim Karakaya and Fercan Yalinkilic have been accu...
11:17, 2019-06-14

U.S. FTC chief says regulator is prepared to break up big tech firms: Bloomberg The U.S. Federal Trade Commission is prepared to break up major technology companies if necessary by undoing past mergers, Chairman Joe Simons said in an interview with Bloomberg published on Tuesday, as the regulator probes anti-competitive practices in the sector....
23:34, 2019-08-13

Malaysian PM urges Britain to 'break with Europe' on palm oil: Bloomberg Malaysian Prime Minister Mahathir Mohamad on Monday called on Britain to engage with palm oil growers to incentivise sustainable production, rather than pursuing boycotts after its scheduled exit from the European Union (EU) on Oct. 31....
10:00, 2019-08-19

Bloomberg retracts column on Jaguar Land Rover’s finances Bloomberg News has retracted an incorrect opinion column originally published on May 29 with the headline "Jaguar, where'd that extra $1 billion come from?" The column also appeared on the Automotive News and Automotive News Europe websites....
14:17, 2019-06-04

Huawei prepares for 40%-60% fall in international smartphone shipments- Bloomberg Huawei Technologies Co Ltd is preparing for a 40% to 60% decline in international smartphone shipments, Bloomberg reported https://bloom.bg/2XQRiqH on Sunday....
06:00, 2019-06-17

J&J faces U.S. criminal probe related to baby powder - Bloomberg The U.S. Justice Department is pursuing a criminal probe into whether Johnson & Johnson lied about potential cancer risks of its talcum powder and has convened a grand jury in Washington, Bloomberg reported on Friday, citing people with knowledge of the matter....
02:34, 2019-07-13

Huawei founder says he would oppose Chinese retaliation against Apple: Bloomberg Huawei Technologies' founder and Chief Executive Ren Zhengfei told Bloomberg https://bloom.bg/2HT7DUY that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any such move from China against the iPhone maker....
08:00, 2019-05-27

U.S. mulls delaying threatened tariffs on Mexican products: Bloomberg The United States is considering delaying the imposition of tariffs on Mexican products that President Donald Trump has threatened to put in place on Monday to allow for more time for talks between the two nations, Bloomberg News reported on Thursday, citing unidentified people familiar with the mat...
00:51, 2019-06-07

Bloomberg: Dish is close to a $6 billion deal with Sprint and T-Mobile Over the last couple of weeks, we've heard that getting DoJ approval for T-Mobile's proposed $26 billion purchase of Sprint will require making moves to create a new national wireless carrier as a competitor. That could be achieved by selling off Boo......
11:17, 2019-06-19

Tesla's China-made Model 3 may be priced in $43,400-$50,700 range: Bloomberg Tesla Inc is considering pricing its China-manufactured Model 3 vehicles between 300,000 yuan and 350,000 yuan ($43,431-$50,670) before subsidies, Bloomberg reported on Tuesday, citing people familiar with the matter....
11:34, 2019-05-28

REFILE-U.S. FTC chief says prepared to break up big tech firms - Bloomberg U.S. Federal Trade Commission is prepared to break up major technology platforms if necessary by undoing their past mergers, Chairman Joe Simons said on Tuesday in an interview to Bloomberg, as the agency probes anti-competitive practices in the sector....
02:17, 2019-08-14

Germany's Infineon close to acquiring Cypress Semiconductor: Bloomberg German chipmaker Infineon Technologies AG is nearing a deal to buy Cypress Semiconductor Corp, valuing the U.S. chipmaker at almost $10 billion, Bloomberg reported on Sunday....
06:00, 2019-06-03

Bloomberg alleges Huawei routers and network gear are backdoored Enlarge / PORTUGAL - 2019/03/04: 5G logo is seen on an android mobile phone with Huawei logo on the background. (credit: Omar Marques/SOPA Images/LightRocket via Getty Images) Vodafone, the largest mobile network operator in Europe, found backdoors in Huawei equipment between 2009 and 2011, report...
16:01, 2019-05-21

Michael Bloomberg sasses Elizabeth Warren for digs on the 1 percent DES MOINES, IOWA – Former New York City Mayor Michael Bloomberg said he sassed Sen. Elizabeth Warren for making the super rich her political punching bag. “If my company wouldn’t be successful, we wouldn’t be here today,” Bloomberg said he told Warren backstage at an Everytown for Gun Safety e...
03:00, 2019-08-11

DuPont considers sale of nutrition and biosciences unit - Bloomberg Industrial materials maker DuPont is considering a sale of its nutrition and biosciences unit, Bloomberg reported on Tuesday, citing people familiar with the matter....
03:51, 2019-08-07

Michael Bloomberg to plunge $500M into clean energy effort WASHINGTON (AP) — Former New York City Mayor Michael Bloomberg is plunging $500 million into an effort to move the United States to a 100% clean energy economy and close all of the nation’s remaining coal plants by 2030. According to the mayor’s team, the billionaire Bloomberg’s in...
04:34, 2019-06-07

Michael Bloomberg gives $500M to campaign to kill coal and wound natural gas Former New York City mayor and climate change crusader Michael Bloomberg announced Friday he is giving $500 million to a campaign to finish killing coal and start killing oil and gas....
20:00, 2019-06-07

REFILE-Germany's Infineon close to acquiring Cypress Semiconductor - Bloomberg German chipmaker Infineon Technologies AG is nearing a deal to buy Cypress Semiconductor Corp , valuing the U.S. chipmaker at almost $10 billion, Bloomberg reported https://www.bloomberg.com/news/articles/2019-06-03/infineon-is-said-to-near-deal-to-acquire-cypress-semiconductor on Sunday....
07:00, 2019-06-03

Global Payments, Total System explore potential deal: Bloomberg Global Payments Inc has held preliminary tie-up talks with Total System Services Inc, Bloomberg reported on Thursday, citing people familiar with the matter....
07:00, 2019-05-24

West Virginia governor slams Bloomberg’s clean energy plan CHARLESTON, W.Va. (AP) — Former New York City Mayor Michael Bloomberg’s $500 million effort to close the nation’s remaining coal plants isn’t sitting well in West Virginia. West Virginia Gov. Jim Justice pushed back on the clean energy plan at a news conference Monday, saying it wi...
23:17, 2019-06-10

UPDATE 1-DuPont considers sale of nutrition and biosciences unit - Bloomberg Industrial materials maker DuPont is considering a sale of its nutrition and biosciences unit, Bloomberg reported on Tuesday, citing people familiar with the matter....
01:17, 2019-08-07

Cypress Semiconductor explores options after receiving takeover interest: Bloomberg Cypress Semiconductor Corp is exploring options, including a potential sale, after receiving takeover interest, Bloomberg reported on Wednesday, citing people familiar with the matter....
17:51, 2019-05-29

UPDATE 1-U.S. FTC chief says regulator is prepared to break up big tech firms -Bloomberg The U.S. Federal Trade Commission is prepared to break up major technology companies if necessary by undoing past mergers, Chairman Joe Simons said in an interview with Bloomberg published on Tuesday, as the regulator probes anti-competitive practices in the sector....
02:17, 2019-08-14

Bloomberg and Bats Europe Announce Joint Initiative on MIFID II Reporting London, April 20, 2017 –Bloomberg and Bats Europe have today announced they plan to provide Bloomberg customers with the ability to use their respective Approved Publication Arrangements (APA)1 to fulfil MiFID II transparency reporting requirements....
21:34, 2019-05-21

Bill Gates lost his title as world's second richest person, says Bloomberg Microsoft co-founder Bill Gates lost his title as the world's second-richest person to French billionaire Bernard Arnault, says Bloomberg.       ...
01:51, 2019-07-18

Michael Bloomberg will spend $500 million to close coal-fired power plants Michael Bloomberg is pledging $500 million to close every coal-fired power plant in the US and to halt the growth of natural gas. According to The New York Times, the money will go towards a new Beyond Coal initiative. It will be spent over the next......
01:51, 2019-06-08

Rogers vice chairman calls for banning Huawei from Canada's 5G network: Bloomberg Canadian telecom provider Rogers Communications Inc's vice chairman, Philip Lind, said on Thursday that Huawei Technologies Co should be banned from Canada's 5G network, Bloomberg reported....
19:34, 2019-05-30

Dish Network nearing $6 billion deal for T-Mobile-Sprint assets: Bloomberg Satellite TV provider Dish Network Corp is in talks to buy the wireless assets of T-Mobile US Inc and Sprint Corp for at least $6 billion, Bloomberg reported on Tuesday, citing people familiar with the matter....
22:00, 2019-06-18

United Tech chief says Raytheon merger does not require Chinese approval: Bloomberg The chief executive of United Technologies Corp said in a television interview that merging with Raytheon Co did not require approval from China, removing one possible hurdle from the creation of the proposed conglomerate....
19:00, 2019-06-10

United Tech chief says Raytheon merger does not require Chinese approval -Bloomberg The chief executive of United Technologies Corp said in a television interview that merging with Raytheon Co did not require approval from China, removing one possible hurdle from the creation of the proposed conglomerate....
18:34, 2019-06-10

A.I.’s Minority Report for retail: They know you’ll return it even before you buy it Retail can be a game, a game that Indian online apparel retailer Myntra is learning to play better by predicting people's propensity to return what's in their shopping cart before they purchase, and using rewards and punishments to block returns....
21:34, 2019-07-06

U.S. Retail Sales Rose in June American shoppers increased their spending in June, wrapping up a solid quarter for the resilient U.S. consumer despite perceived headwinds from abroad....
19:51, 2019-07-16

Retail and institutional FX: Never the twain shall meet? The distinction between retail and institutional FX business is well established, but there is a growing sense that both types of client can be supported on the same platform....
16:00, 2019-05-21

The Future Of Food: Can Lab-Grown Insect Meat Be A Future Food? Given the harmful effect livestock farming poses for the planet, researchers have proposed plant-based diets, insect farming, lab-grown meat, and genetically modified animals as an alternative to......
11:34, 2019-06-01

Your favorite retail brand may be coming to a hotel near you Brands including Taco Bell, Shinola and Equinox are moving into hospitality — because, as one hotel marketing expert says, "Hotels are the new showrooms for retail."...
03:00, 2019-06-21

Cramer: Retail is getting hammered, but it's an opportunity to buy Revolve Revolve Group is "part of the reason why Macy's is getting obliterated ... disrupting what's left of the department stores, and it is working," Jim Cramer says....
15:34, 2019-08-16

Retail Stocks Rally as Tariffs Are Delayed Shares of department stores, discount chains and even toy makers rallied Tuesday after the U.S. said it would delay some tariffs against China until Dec. 15....
19:17, 2019-08-13

Fireworks for Retail Stocks Are a Dose of Reality The gap between winners and losers in retail is becoming clearer, but some investors have been caught out making wrong-way bets this quarter, leading to massive volatility....
14:34, 2019-05-28

NYC retail rents showing signs of an upswing Retail rents are firming up, having started off with a great autumn that lifted six of Manhattan’s 17 prime shopping corridors into positive territory with one flat versus four positive — compared with one flat just a year ago, The Post can exclusively report. The largest jumps were in the corridors...
16:01, 2019-05-21

May retail sales hit by 'biggest slump on record' Sales in the UK high street during May took their biggest slump in 24 years amid political and economic uncertainty, according to the latest data from the British Retail Consortium....
04:17, 2019-06-04

Bathstore collapse to deepen retail carnage The carnage gripping Britain's retail sector is on the brink of claiming another victim with the specialist bathrooms chain Bathstore ‎close to appointing administrators....
07:00, 2019-06-20

The fashion concept store that is rethinking retail From speed-dating to upcycling workshops, the people behind Peckham Palms have created a space for new fashion talent. Is this a lesson to ailing bricks-and-mortar stores?With the British high street in serious decline and luxury fashion houses such as Burberry closing down stores globally, it’s no ...
09:17, 2019-08-02

Retail investors point to changing Brazil The investment landscape is shifting rapidly as falling returns on sovereign fixed income assets force investors to look elsewhere for returns. Retail investors in particular are playing an important role in the transformation of local capital markets....
18:00, 2019-05-21

Ovo Energy lines up audacious SSE retail deal Ovo Energy, the decade-old gas and electricity supplier, is plotting a move into the ranks of Britain's biggest utilities with a bid to acquire the retail operations of SSE....
01:00, 2019-08-11

How the retail industry will top $5.5 trillion by 2020 (TGT, WMT, AMZN) The future of retail is looking bright. So bright that Business Insider Intelligence, Business Insider’s premium research service, expects the industry to top $5.5 trillion by 2020! While in-store and desktop purchases are certainly helping the retail industry boom, the biggest factor for thi...
03:51, 2019-06-10

The retail apocalypse is shutting down flagship stores Flagship stores are disappearing from high-profile shopping thoroughfares because of skyrocketing rents and the shift to online shopping.       ...
22:51, 2019-08-01

In the retail crisis, the shutters are coming down even in New York Visitors to Manhattan are finding that several retail landmarks are fading fastThere is a lot to do in Manhattan – but shopping? Maybe not so much these days. Once one of the hottest markets on the planet, New York’s retail sector is suffering.Surveying the empty storefronts on Fifth Avenue, holiday...
23:17, 2019-08-10

eBay promises a ‘Crash Sale’ on Amazon Prime Day if Amazon’s website crashes By now, word is out that this year’s version of Black Friday in July for Amazon — its annual Prime Day deals event — will be stretched to two days this time around, in addition to offering Amazon Prime subscribers more than a million deals with a kickoff set to begin at midnight PT...
20:17, 2019-06-27

The best cheap Amazon Kindle sale prices and deals on Amazon Prime Day 2019 A cheap Kindle sale is never that far away in these parts as Amazon is keen to stay atop of the ereader pile. Kindle prices on most of the devices are already great value given the high quality you get in your hands.We really want to help you beat those standard Kindle prices and given Amazon Prime ...
19:17, 2019-07-12

‘Amazon. Try Not to Think About It.’ John Oliver Celebrates Amazon Prime Day on Last Week Tonight In anticipation of Amazon Prime Day, John Oliver dedicated Sunday night’s Last Week Tonight to e-commerce—specifically conditions in warehouses operated by online retailers. According to Oliver, working in such facilities can be, well, dangerous. “I didn’t know there were job...
19:34, 2019-07-03

Is Amazon Prime worth it in Australia? Amazon's subscription service explained UPDATE: Amazon has announced the dates for Prime Day 2019. In Australia, the sale will begin at 00:01am on July 15 and go on for 48 hours till July 16 ticks across midnight. However, with plenty of deals on offer from the US storefront, Aussies will be able to shop on the Global Store until the sale...
12:34, 2019-07-02

South American countries denounce decision to give Amazon control of .amazon domain The presidents of Peru, Colombia, Ecuador and Bolivia criticized a recent decision to grant global retailer Amazon the rights to the .amazon domain.Read More...
16:17, 2019-05-27

FedEx Is Ending a Major Amazon Deal As Amazon Builds a Rival Shipping Network FedEx is snipping another tie with Amazon as the e-commerce giant emerges as a competitor by building its own shipping network. The ground-delivery contract with Amazon won’t be renewed when it expires at the end of this month, FedEx said in an emailed statement. The decision quickens the comp...
17:51, 2019-08-07

Get £10 off a £25 spend at Amazon when you install the Amazon Assistant browser extension Ahead of Amazon Prime Day, Amazon is offering £10 off a £25 shop if you install the Amazon Assistant browser extension. The deal is open to Amazon Prime users who install Amazon Assistant for the first time between July 1 and July 14.Amazon Assistant is available for all major browsers, in...
12:34, 2019-07-02

The corporate spat is over between Google and Amazon: YouTube is again available on Amazon Fire TV Corporate spat saw Google refuse to allow products on Amazon devices & vice versa. But Google Home & Nest Hub products still not available on Amazon.       ...
16:17, 2019-07-09

Kushner Companies purchases $39M retail condo in Soho The family company, now run by Charles Kushner, daughter Nicole Kushner Meyer and President Laurent Morali, signed a contract last week, a source told Between the Bricks, to purchase a retail condo in Soho for $39.75 million....
05:17, 2019-06-05

Macy's Turnaround Hits Harsh Retail Reality Macy’s lowered its full-year earnings outlook after missing profit expectations in the latest quarter, even though it reported growth in a key sales metric....
00:17, 2019-08-15

Jim Cramer reviews which retail stocks are working and which you should stay away from "There's a market for high-end luxury goods and low-end mass market merchandise, but right now there's not much space in between," the "Mad Money" host says....
00:51, 2019-06-14

U.S. retail sales rise in May; April revised higher U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that could ease fears the economy was slowing down sharply in the second quarter....
14:51, 2019-06-14

Carvana's revenue, retail sales milestones please investors Online used-vehicle retailer Carvana Co. continues to pile up losses as it carries out a rapid expansion strategy, but bullish investors still like what they are seeing....
16:00, 2019-08-12

Strong U.S. retail sales boost economic outlook U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment....
17:00, 2019-07-16

Retail report: Auto sales drove U.S. growth in May U.S. retail sales rose 0.5 percent in May, led by a sharp increase in auto sales -- but nearly all sectors showed growth, the Commerce Department reported Friday....
03:17, 2019-06-15

Retail sales up in June as second quarter finishes strong Retail sales in the United States totaled nearly $520 billion in June, a 0.4 percent increase from the previous month and 3.4 percent higher than the same month a year ago....
20:17, 2019-07-16

GameStop hopes renovations will keep its retail stores alive GameStop thinks it has a way to keep its stores relevant as downloads take hold: revamp the stores themselves. The chain has unveiled a team-up with designers at R/GA on a pilot program to renovate stores and give them a "place in the video gaming c......
23:17, 2019-07-15

U.S. retail sales ease fears over economy; rate cut still seen U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment....
21:17, 2019-07-16

Global Stocks Waver After Retail Sales Decline Global stocks paused after disappointing sales data from U.S. retailers on Tuesday and as trade tensions between the U.S. and China continued to overhang market activity....
11:51, 2019-05-22

Apparel retail earnings haven't been this bad since the Great Recession Apparel retailers' earnings are down 24% for the first quarter of 2019, Retail Metrics said, the group's worst since the first quarter of 2008....
20:51, 2019-05-31

Fears become a reality for retail with a fourth round of tariffs Many consumer products, like clothing, shoes and electronics have been spared from the last three rounds of tariffs. But the remaining $300 billion of China-made goods will capture it all....
19:51, 2019-08-02

Strong U.S. retail sales improve economy's fortunes U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that eased fears the economy was slowing down sharply in the second quarter....
22:17, 2019-06-14

New York retail icon Barneys files for bankruptcy Barneys New York Inc filed for bankruptcy protection on Tuesday and put itself up for sale, pushed to the brink by falling revenue and soaring rent at its stores that caused many vendors to effectively stop shipping merchandise to the luxury department store chain....
03:51, 2019-08-07

Juul is exploring plans to open its own US retail shops E-cigarette maker Juul Labs is considering opening U.S. retail shops that would only admit adults, a person familiar with the situation told CNBC on Thursday....
20:17, 2019-05-30

The real miracle on 34th Street is its retail renaissance Hudson Yards may be getting the spotlight, but its West 34th Street neighbors are basking in the glow. “Thirty-fourth Street is well-positioned to be the link between Fifth Avenue, Midtown and Hudson Yards,” says Richard Hodos, vice chairman of CBRE. Of course, 34th has been a shopping mecca since M...
16:01, 2019-05-21

Tesco CEO not ready to check out in tough UK retail climate The boss of Tesco said he had unfinished business at Britain's biggest retailer after its quarterly sales growth slowed in a subdued grocery market under a cloud from poor early summer weather....
12:51, 2019-06-13

UK markets watchdog proposes retail ban on crypto derivatives Britain's markets watchdog is proposing banning the sale of derivatives based on crypto-assets to retail consumers from early 2020 due to what it considers the prevalence of market abuses....
15:51, 2019-07-03

THE RISE OF AMAZON ADVERTISING: This is exactly what Amazon is doing to siphon billions of ad dollars from Google and Facebook and why brands love it (AMZN, FB, GOOGL) This is a preview of The Rise of Amazon Advertising research report from Business Insider Intelligence. 14-Day Risk Free Trial: Get full access to this and all Digital Media industry research reports. You might already have access to our premium Business Insider Intelligence research through your co...
09:00, 2019-07-08

U.S. senators ask Amazon CEO if 'Amazon's Choice' deceives consumers Two U.S. senators asked Amazon.com Inc Chief Executive Jeff Bezos on Monday how the "Amazon's Choice" badge on certain products is determined and whether the mark deceives consumers into purchasing "products of inferior quality."...
00:17, 2019-08-13

Get $10/£10 credit for Amazon Prime Day when you install Amazon Assistant Ahead of Amazon Prime Day, Amazon is offering $10/£10 off your next order when you install the Amazon Assistant browser extension.The deal is open to Amazon Prime members who install Amazon Assistant for the first time, and the credit will be applied next time you spend $50/£25.Amazon Assi...
15:00, 2019-07-08

Target Outages Illustrate Retail's Growing Tech Complexity The technical problems at Target stores over the weekend illustrate the challenge of unifying a large retailer’s technology infrastructure with its bricks-and-mortar presence and underscore the importance of having trusted vendors and backup plans....
01:51, 2019-06-18

Carrefour sees more retail sector consolidation, including in France The boss of Carrefour said on Friday the retail sector was bound to consolidate in the coming years, notably in France, as competition intensifies, and that his mission was to make sure the French retailer came out a winner....
18:17, 2019-06-14

Barneys the latest dinosaur of retail sector to explore bankruptcy 100-year-old New York luxury department store is strugglingStatement: ‘Our customers remain our top priority’The luxury department store Barneys New York is exploring a bankruptcy filing as it struggles with high rents and changing consumer tastes, people familiar with the matter said on Saturday. R...
04:34, 2019-07-14

Retail stocks surge after tariffs for clothing, footwear delayed Shares of retailers jumped Tuesday after the United States Trade Representative announced it was delaying proposed tariffs on clothing, footwear and a number of other items....
20:51, 2019-08-13

Overstock is getting ready to sell its retail business and dive into blockchain Overstock is making a bold transformation into a blockchain company, but its plans hit a snag last year. Efforts to sell the retail business have recently heated up, CEO Patrick Byrne told CNN Business....
23:34, 2019-06-21

Labour's high street plan to reverse 'retail apocalypse' Empty high street shops should be given to start-ups and community projects to help reverse the "economic decay" of Britain's town centres, Jeremy Corbyn has said....
12:51, 2019-08-17

How 3PL providers can thrive in light of their changing relationship with retail partners This is a preview of a research report from Business Insider Intelligence,Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. Current subscribers can read the report here. Third-party logistics (3PL) providers have been the cornerstone of retai...
18:17, 2019-07-13

These 16 retail stocks could get crushed by Trump’s latest China tariffs Getty Images On Thursday, President Donald Trump announced another round of tariffs on Chinese imports. According to a report from UBS, hardline and grocery retail is one of the industries exposed to the new tariffs. The 10% tax could hurt this year's earnings-per-share growth of companies that sel...
00:51, 2019-08-06

Target CEO Brian Cornell says the winners and losers in retail are emerging Target's CEO thinks the retail industry is shaking out to show clear winners and losers. Those companies that are investing in stores and online are winners, he said....
18:00, 2019-05-22

Going out of business: Ascena Retail Group closing all of its nearly 650 Dressbarn stores For now, the Dressbarn website and all stores are open. The company says there are no current changes to its return, refund, or gift card policies.        ...
14:38, 2019-05-21

Low Demand Continues To Take A Toll On Auto Retail Sales In May 2019 FADA has reported a decline of 1 per cent in passenger vehicles' (PV) sales in the month of May. Carmakers retailed 251,049 units in May 2019 as compared to 253,463 units which were retailed in the......
02:51, 2019-06-16

Penn Station construction to close over 10 retail businesses inside Progress is galloping ahead at Penn Station — and it’s trampling more than 10 retail businesses that have been there for years. Construction is slated to begin next week on a new entrance for the gritty commuter hub at Seventh Avenue and 33rd Street, whose plans were unveiled by Gov. Andrew Cuomo la...
04:34, 2019-06-14

CVS turning 1,500 stores into HealthHUB locations with less retail, more health care Get ready for less retail floor space and more room for health care services at one of your local CVS stores.        ...
15:34, 2019-06-04

British Retail Tycoon Charged With Spanking Fitness Teacher In US The British retail tycoon Philip Green has been charged with four counts of misdemeanour assault in the United States after an Arizona pilates instructor accused him of repeatedly touching her......
10:34, 2019-06-01

WRAPUP 3-U.S. retail sales ease fears over economy; rate cut still seen U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment....
19:51, 2019-07-16

UK regulator wants crypto-derivatives ban to protect ‘ill-suited’ retail investors The UK‘s Financial Conduct Authority has proposed a ban on cryptocurrency-related investment products to protect retail investors. In an announcement released earlier today, the FCA said that cryptocurrency-based derivatives and exchange traded notes (ETNs) are “ill-suited to retail consumers who ca...
19:17, 2019-07-03

PVH cuts profit forecast as CEO sees retail softness, shares tank PVH Corp cut its annual profit forecast by 10 cents a share on Wednesday as the Calvin Klein and Tommy Hilfiger brands owner grapples with tariffs and slowing retail growth, exacerbated by weak spending from overseas shoppers in the face of a strong U.S. dollar, sending its shares down 12% after hou...
03:51, 2019-05-30

JC Penney is fading. Nordstrom is struggling. Walmart is thriving. That sums up retail. Department stores are clearly under water. And what's going on with the shares of several retailers today paints a clear picture of the dynamic shaping up in the industry, with a growing gap between the strong and the weak....
21:51, 2019-07-24

Oil companies withhold info on retail, refining margins from B.C. gas price probe As the fuel companies that supply B.C. submit their responses to a provincial gas price inquiry, several are refusing to share key data on their margins....
02:51, 2019-07-04

Global stocks slip, U.S. yields rise on retail sales data A gauge of global equities edged lower on Tuesday and U.S. Treasury yields climbed as a stronger-than-anticipated report on retail sales raised the possibility that a second rate cut by the Federal Reserve this year could be pushed back by several months....
18:17, 2019-07-16

Iberdrola to launch Irish retail arm, invest $112 million in renewables by 2025 Spanish utility Iberdrola will this week launch an Irish retail business and plans to invest over 100 million euros ($112 million) in renewable energy and storage projects in Ireland and Northern Ireland by 2025, it said on Tuesday....
02:17, 2019-06-18

Retail tycoon Philip Green charged in U.S. with spanking pilates teacher The British retail tycoon Philip Green has been charged with four counts of misdemeanor assault in the United States after an Arizona pilates instructor accused him of repeatedly touching her inappropriately, Britain's Press Association reported on Friday....
00:17, 2019-06-01

U.S. retail sales data dents stocks, lifts Treasury yields A gauge of global equities lost ground on Tuesday and U.S. Treasury yields moved higher as a stronger-than-anticipated report on retail sales raised the possibility the Federal Reserve could adopt a less dovish stance....
23:34, 2019-07-16

Juul considers opening retail stores in United States: source Juul Labs Inc is considering opening retail stores in the United States, a source familiar with the matter said on Thursday, a move that would help the controversial company cash in on the booming popularity of its e-cigarettes....
21:00, 2019-05-30

Global stocks fall, U.S. yields rise on retail sales data A gauge of global equities fell on Tuesday and U.S. Treasury yields climbed as a stronger-than-anticipated report on retail sales raised the possibility the Federal Reserve could move towards a less dovish stance....
21:17, 2019-07-16

Latest retail results show department stores need more than touch-ups. They need reinvention A slew of retail earnings the past two weeks makes it clear that while Americans continue to shop, they aren't ringing registers at department stores....
00:34, 2019-05-23

Private equity’s role in retail has killed 1.3 million jobs, study says Women and people of color have been disproportionately affected by layoffs as debt-ridden retailers closed thousands of stores, according to the report by six nonprofit organizations and workers’ advocacy groups....
19:51, 2019-07-24

Government To Relax Norms For Entry Into Fuel Retail Sector: Report India, where fuel demand is expected to rise in the coming years, has turned into a lucrative market after the government removed controls on retail pricing of gasoline and gasoil....
04:17, 2019-08-08

Hudson's Bay's chairman's buyout bid pits retail versus real estate The success of Hudson's Bay Co Executive Chairman Richard Baker's $1.3 billion bid to take the department store operator private hinges on whether an independent valuator will view the company more as a retailer and less as a real estate owner, corporate governance experts and analysts said....
07:34, 2019-06-23

RPT-FOCUS-Hudson's Bay's chairman's buyout bid pits retail vs real estate The success of Hudson's Bay Co Executive Chairman Richard Baker's $1.3 billion bid to take the department store operator private hinges on whether an independent valuator will view the company more as a retailer and less as a real estate owner, corporate governance experts and analysts said....
08:17, 2019-06-24

Flagship Moto Z4 Force being prepared by Motorola, retail listing suggests Motorola hasn’t released a flagship smartphone since the summer of 2017, but rumor has it the company could be re-entering the segment later this year with the Moto Z4 Force, a device which has now been mentioned in an Amazon listing.Shortly after news broke that the Moto Z4 was already available to...
13:34, 2019-05-28

Marathon Petroleum tops estimates on refining beat, retail strength U.S. refiner Marathon Petroleum Corp beat estimates for quarterly profit on Thursday, benefiting from better-than-expected earnings from its refining segment as well as higher sales in its gas stations business....
16:17, 2019-08-01

FOCUS-Hudson's Bay's chairman's buyout bid pits retail vs real estate The success of Hudson's Bay Co Executive Chairman Richard Baker's $1.3 billion bid to take the department store operator private hinges on whether an independent valuator will view the company more as a retailer and less as a real estate owner, corporate governance experts and analysts said....
11:34, 2019-06-23

Apparel giant Forever 21 exploring restructuring as retail continues to take hits The talks come as the apparel industry continues to struggle amid sweeping changes. A number of retailers that cater to teens have filed for bankruptcy over the past few years, including Aeropostale, Rue21 and American Apparel....
00:34, 2019-06-04

HSBC plans retail wealth headcount boost; eyes Singapore expansion HSBC Holdings PLC plans to boost its Asia retail wealth management staff by about 300 by end of this year, with Europe's biggest lender by assets sharpening its focus on Singapore to add to its presence in core markets of Hong Kong and China....
01:34, 2019-05-29

Food hall’s mess leaves prime Brooklyn retail space in limbo A complicated landlord-tenant dispute has put in limbo a prime, 8,000-square-foot vacant retail space in downtown Brooklyn. Muss Development, owner of two retail floors at 345 Adams St., expected to take the space back from the Hill Country Food Park a few months ago, after the restaurateurs couldn’...
21:51, 2019-07-31

EU Commission anti-trust inspectors raid grocery retail sector in France The European Commission said on Wednesday its anti-trust inspectors had raided the premises of two companies active in the grocery retail sector in France on May 20 on concern they broke EU antitrust rules prohibiting cartels....
09:51, 2019-05-22

Changing consumer trends have contributed to Kraft Heinz's troubles, retail analyst says "The challenge for Kraft Heinz goes well beyond" the company "to what's going on with food producers ... we think the environment is just awful," Wolfe Research analyst Scott Mushkin says....
14:38, 2019-05-21

Jeffrey Epstein Taught a Retail Legend a Hard Lesson: Be Careful Whom You Trust L Brands’ founder Leslie Wexner, who accused the disgraced financier of stealing vast sums of money, recalls his father’s warning about too much optimism....
09:34, 2019-08-17

Jeffrey Epstein Taught a Retail Legend a Hard Lesson: Be Careful Who You Trust L Brands’ founder Leslie Wexner, who accused the disgraced financier of stealing vast sums of money, recalls his father’s warning about too much optimism....
22:34, 2019-08-16

Life Time Fitness lease shines at Retail Deal of the Year Awards The 21st Annual Retail Deal of the Year Awards were dominated by two downtown transactions. The Real Estate Board of New York’s first prize award for the most ingenious transaction was taken home by the brokers for both sides of the 72,260-square-foot Life Time Fitness lease in mostly lower levels o...
07:34, 2019-06-12

Marathon Petroleum profit beats on higher crude shipments, retail strength U.S. refiner Marathon Petroleum Corp on Thursday beat estimates for quarterly profit, as it transported more crude through its pipelines and benefited from higher sales from its gas stations business....
16:00, 2019-08-01

Economy Week Ahead: Consumer Prices, Retail Sales, Industrial Production In the week ahead, the U.S. will see fresh data on inflation, retail sales, productivity and industrial production. China will publish industrial production and fixed-asset investment numbers....
01:34, 2019-08-12

Plus-size clothing chain Avenue is closing all 222 of its locations as the retail apocalypse continues Avenue Avenue is shutting down all of its 222 stores across the US. The plus-sized clothing brand announced it is closing stores across 33 states on Wednesday. Retailers have already announced more than 8,000 store closures so far in 2019, according to an analysis by Business Insider. Visit Busin...
00:00, 2019-08-17

Saint Laurent Unveils New Laboratory-Style Retail Concept In Former Colette Store “Without imitating Colette, the idea was to have collaborations with brands that I love, and also make it a place for cultural events like film screenings and concerts,” said Anthony Vaccarello...
15:17, 2019-06-06

CBOE and Bloomberg Expand Connectivity to CBOE's PULSe Trader Workstation CHICAGO, IL -- March 7, 2016 -- Chicago Board Options Exchangeâ (CBOEâ) announced today that it has joined with Bloomberg to establish direct connectivity between CBOE’s PULSe trader workstationâ (PULSe) and Bloomberg’s Execution Management System (EMSX), which can be accessed through the Bloomberg ...
02:51, 2019-05-22

UPDATE 1-Marathon Petroleum profit beats on higher crude shipments, retail strength U.S. refiner Marathon Petroleum Corp on Thursday beat estimates for quarterly profit, as it transported more crude through its pipelines and benefited from higher sales from its gas stations business....
13:51, 2019-08-01

Budweiser APAC's IPO failure hurt retail investors, say newspaper adverts urging reform The dramatic failure of brewer Budweiser APAC's $9.8 billion Hong Kong listing left "mom and pop" investors badly out of pocket, a local broker has said in an unusual series of full-page advertisements in newspapers across the city on Wednesday....
12:17, 2019-07-17

Retail trade group says plan to impose new tariffs will raise prices, hurt jobs The National Retail Federation, a top U.S. trade group, said President Donald Trump's threat to impose 10% tariffs on the remaining $300 billion of Chinese imports from Sept. 1, is a flawed strategy that will raise prices and hurt jobs....
22:51, 2019-08-01

Cboe Introduces New Small Retail Broker Distribution Program for U.S. Equities Market Data CHICAGO – August 1, 2019 – Cboe Global Markets, Inc. (Cboe: CBOE), one of the world’s largest exchange holding companies, today announced it has launched a new Small Retail Broker Distribution Program which aims to broaden access to U.S. equities market data for individual investors....
00:34, 2019-08-02

CEO of animal health firm PetIQ says Walmart, retail partnerships help 'pet-parents' save money "Our partnerships with retailers has allowed us to access a population of pets and bring our mission forward of being advocates for those pet-parents," PetIQ CEO Cord Christensen tells Jim Cramer....
09:17, 2019-08-09

Agriculture Secretary Sonny Perdue Perdue anxious that tariffs may interfere with ratification of USMCA: Bloomberg U.S. Agriculture Secretary Sonny Perdue said on Wednesday he is hopeful that the United States and Mexico can reach an accord to avoid U.S. tariffs being applied on Mexican goods over immigration....
23:51, 2019-06-05

UPDATE 1-Springer family, KKR considering bid to take Axel Springer private - Bloomberg The Springer family and private equity investor KKR are considering a bid to take German publishing house Axel Springer private, Bloomberg News reported on Wednesday, citing a person familiar with the matter....
20:34, 2019-05-29

Retail tycoon Philip Green charged with assault after pilates teacher alleges inappropriate touching The British retail tycoon Philip Green has been charged with four counts of misdemeanor assault in the United States after an Arizona pilates instructor accused him of repeatedly touching her inappropriately....
01:00, 2019-06-01

Walmart against monopolies: The retail giant is filing a price-fixing lawsuit against a shady Brazilian meatpacker In late May, Walmart filed an antitrust lawsuit against over a dozen poultry producers, including Pilgrim's Pride, a subsidiary of the Brazilian-owned meatpacking conglomerate, JBS USA. The company is currently receiving over $64 million as part of the agriculture bailout while its parent company, J...
04:01, 2019-06-06

In 911 call alleged victim of Sir Philip Green calls retail tycoon: ‘The British Harvey Weinstein’ TUCSON —  In a 911 call made to the Pima County Sheriff’s Department earlier this year, a woman claimed to be a victim of sexual harassment by British billionaire, Sir Philip Green. In the call, The woman can be heard comparing Green’s behavior to that of former Hollywood film prod...
12:00, 2019-07-04

Disneyland scores permits to build microbrewery, retail shop and meet-and-greet area at Marvel park The city of Anaheim has approved a handful of building permits for Disney's Marvel inspired theme park land in Calififornia for projects including bathroom construction, a microbrewery, a meet-and-greet area and a merchandise outlet....
16:17, 2019-06-12

Explainer: What is at stake in Istanbul's election re-run? Voters in Istanbul will head back to the polls on Sunday to choose a mayor, after Turkey's election authority scrapped the results of a March vote in which President Tayyip Erdogan's ruling AK Party lost to the main opposition....
00:34, 2019-06-20

KKR Swoops for Axel Springer Stake Axel Springer reached an agreement with KKR for the private-equity firm to buy out its minority shareholders in a deal valuing the German media company at $7.7 billion....
12:51, 2019-06-12

Tianqi says happy 'for now' with stake in SQM -president Tianqi Lithium Corp is happy for now with its stake in Chilean lithium producer SQM and is working to deepen business ties, the Chinese company's president said on Monday....
18:34, 2019-06-10

Insurer AXA further reduces stake in AXA Equitable down to 40.1% French insurer AXA said on Friday that it had sold an 8% stake in AXA Equitable Holdings through a secondary offering, as part of its plan to gradually divest from its U.S. life insurance business....
11:17, 2019-06-07

Jobs are at stake — pass the USMCA At the end of 2018, the Trump administration finalized the renegotiated North American Free Trade Agreement, resulting in a new trade deal now called the United States-Mexico-Canada Agreement. This milestone is good news and a big win for the United States and its North American allies....
16:17, 2019-05-30

BeIN Shopping Stake in Miramax Miramax-owner BeIN Media Group is said to be shopping a stake in the studio, which produced popular and critically acclaimed films such as “Pulp Fiction” and “Shakespeare in Love,” to potential buyers....
02:00, 2019-06-07

Ad Giant WPP to Sell Kantar Stake to Bain WPP has agreed to sell a 60% stake in its Kantar market-research unit to Bain Capital Private Equity, raising about $3.1 billion in the advertising giant’s biggest move yet to refocus its portfolio....
20:51, 2019-07-12

Hagerty sells 25% stake to Markel Corp. for $212.5M The insurance and lifestyle company said the investment would increase its pace of growth, and that it would remain substantially privately owned and based in Michigan....
02:00, 2019-08-08

UPDATE 1-Tianqi says happy 'for now' with stake in SQM -president Tianqi Lithium Corp is happy for now with its stake in rival SQM and is working to deepen business ties with the Chilean lithium producer, the Chinese company's president said on Monday....
18:34, 2019-06-10

Brazil's Petrobras says CEF to sell $1.86 bln stake - filing Brazil's state-run oil company Petroleo Brasileiro SA said Caixa Econômica Federal will sell a stake worth 7.2 billion reais ($1.86 billion) in the company, according to a securities filing on Monday....
14:51, 2019-06-10

Starbucks Takes Stake in Tech Company Starbucks said it is taking a stake in a digital technology company called Brightloom to speed up its offering of mobile ordering and payment options at its global stores to improve customer convenience....
02:34, 2019-07-23

At stake in the NBA Finals: The title of ‘best player in the league’ For the first time in eight years, LeBron James isn't in the NBA Finals. His mantle as the game's top player is up for grabs, and three stars could make compelling cases....
14:17, 2019-05-29

Italy open to taking stake in FCA-Renault tie-up Renault's board is meeting today to review Fiat's proposal after failing to come to a decision Tuesday. Its directors are examining in detail a preliminary merger agreement hammered out over the past days....
17:17, 2019-06-05

UK chemical giant Ineos to buy £1.6bn Saudi stake The petrochemical company founded by Britain's richest man Sir Jim Ratcliffe has said it will buy a £1.6bn ($2bn) stake in a plant complex in Saudi Arabia....
17:17, 2019-06-03

Nissan wants Renault to reduce its 43.4% stake in company: WSJ Top executives at Nissan Motor Co and Renault SA are trying to reach a deal to reshape their global alliance, in hopes to revive Renault's merger talks with Fiat Chrysler Automobiles NV , the Wall Street Journal reported on Friday, citing emails and people briefed on the discussions....
01:34, 2019-08-03

KKR to take majority stake in NVC Lighting's China business KKR & Co Inc said on Sunday it would take a majority stake in NVC Lighting Holding Limited's China Lighting Business for a total equity value of about $794 million. NVC Lighting will continue to own 30% of the China Lighting Business and receive a cash consideration through the joint venture with KK...
20:34, 2019-08-11

Mets’ true test is finally here with a lot at stake They are together. They are reborn. They are emboldened. The Mets have their sights set on something much bigger than the NL wild card with the Nationals coming to town Friday for this Showdown Series, aces wild. “We’ve got a chance to do something really great,’’ slugger Pete Alonso said after the ...
05:51, 2019-08-08

Explainer: What is at stake with Turkey's Russian air defense deal? Turkey took its first deliveries of the Russian S-400 air defense system on Friday, a development likely to trigger U.S. sanctions on Ankara and escalate tensions between Turkey and its Western partners in the NATO military alliance....
15:17, 2019-07-12

CVC-led consortium to acquire 30% stake in Dubai's GEMS Education A consortium led by private equity firm CVC Capital Partners has agreed to acquire a 30% stake from existing shareholders in Dubai-based GEMS Education....
15:00, 2019-07-10

UPS buys stake in self-driving truck startup TuSimple The investment by UPS Ventures underscores bets that autonomous vehicle technology can expand more rapidly in commercial vehicles than in self-driving taxis....
13:00, 2019-08-16

China's contentious stake in Zambia's broadcast media To help switch from analogue to digital TV, Zambia did a deal with a Chinese media conglomerate. Now, Zambian media owners are complaining that locals can watch Chinese kung fu movies but have limited local programming....
20:00, 2019-07-05

Iran-US tensions flare in the Persian Gulf: What's at stake The US has blamed Iran for attacks on oil tankers in the Persian Gulf — a claim Iran denies. The dispute has raised concerns of a new conflict in the region. DW examines the key actors involved and their interests....
03:51, 2019-06-16

Pacifist constitution reform at stake as Japan goes to polls Japanese Prime Minister Shinzo Abe's ruling bloc was forecast to win a solid majority in an upper house election on Sunday that could determine whether his dream of revising the post-war, U.S.-drafted pacifist constitution can be kept alive....
04:51, 2019-07-21

ECB's de Guindos says Spain within deadline to sell further stake in Bankia European Central Bank Vice President Luis de Guindos said on Thursday that the Spanish government was still within its deadline to sell any further stakes in state-owned Bankia....
12:17, 2019-06-20

There's More At Stake With Fashion's Gender-Fluid Movement Than You Realise “The industry must make a more substantial investment in the lives – and not simply the looks – of the broader trans&gnc community,” says Wren Sanders...
04:34, 2019-08-12

Brazil's Via Varejo shares down after sale of GPA's controlling stake Shares in Brazilian appliances and electronics retailer Via Varejo SA were trading 0.4% down on Friday at 5.02 reais, after controlling shareholder Grupo Pão de Açúcar (GPA SA) sold its 36% stake in an auction earlier in the day....
18:17, 2019-06-14

France's Orange raises $616 million with sale of its BT stake French telecom giant Orange said it had sold its remaining 2.5% stake in BT , raising net proceeds of 486 million pounds ($616 million) as the former state monopoly faces a battle for market share in France. ....
15:17, 2019-06-28

Slimmed-down WPP to net $3.1 billion selling Kantar stake to Bain WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the British owner of agencies including Ogilvy and Wunderman Thompson funds to cut debt and rebuild....
22:17, 2019-07-12

Virgin Active owner limbers up for stake sale The South African owner of Virgin Active is preparing to sell a stake in the health and fitness clubs chain four years after taking majority control of the business....
18:34, 2019-08-02

Volkswagen to take stake in battery cell maker Northvolt FRANKFURT, Germany (AP) — Volkswagen says it is buying a stake in Swedish battery cell producer Northvolt AB and plans a joint factory in Germany ahead of increased production of electric vehicles next year. Wolfsburg-based Volkswagen said Wednesday that it would invest around 900 million euros ($1 ...
15:51, 2019-06-12

Hedge fund-owned MNG reduces stake in Gannett to 4.2% Alden Global Capital's MNG Enterprises Inc., which launched a bid to acquire Gannett Co. in January, has reduced its stake in the company from 7.5%        ...
03:17, 2019-05-23

A Billboard No. 1 Is at Stake, So Here’s an Album With Your Taylor Swift Hoodie About half the 39 titles that topped the charts last year were sold as part of ticket or merchandise “bundles.” Now even some who benefited from the strategy are complaining....
23:34, 2019-06-09

Monsoon landlords demand equity stake as CVA looms A quartet of commercial property giants are demanding an equity stake in Monsoon Accessorize, the fashion retailer, in return for supporting a financial restructuring....
20:17, 2019-05-30

Aston Martin's biggest investor offers to buy another 3% stake The biggest investor in Aston Martin offered on Friday to buy another 3% stake in the luxury carmaker, whose shares have slumped since listing last year....
13:34, 2019-07-19

Facebook to buy stake in Indian e-commerce start-up Meesho Facebook is buying a stake in Indian e-commerce start-up Meesho, the head of the U.S. tech giant's Indian business said on Thursday, looking to deepen its reach in one of the world's biggest internet markets....
15:51, 2019-06-13

Activist Gatemore snaps up Moss Bros stake An activist fund manager which pressed for a break-up of French Connection has turned its attention to another fashion chain by snapping up a 10% stake in Moss Bros, the suit-hire specialist....
17:34, 2019-06-09

DNB says it has not decided whether to sell Oslo Bors stake to Euronext Norway's DNB will meet with Euronext before deciding whether to sell its 20% stake in Oslo Bors VPS to the pan-European stock market operator, the bank said on Monday....
09:51, 2019-05-27

FCA-Renault revival may hinge on Nissan stake cut, report says Nissan is poised to urge Renault to significantly reduce its 43.4 percent stake in the Japanese company in return for supporting a FCA-Renault tie-up, two people with knowledge of the matter told Reuters....
13:00, 2019-06-10

US health giant Centene takes $50m Babylon stake One of America's largest healthcare companies is investing tens of millions of pounds in Babylon Healthcare, the British technology start-up behind a new chatbot service being used by the National Health Service....
04:00, 2019-08-02

UPDATE 1-Brazil's Petrobras says CEF to sell $1.86 bln stake -filing Brazil's state-run oil company Petroleo Brasileiro SA said Caixa Econômica Federal will sell a stake worth 7.2 billion reais ($1.86 billion) in the company based on the shares' June 7 closing price, according to a securities filing on Monday....
14:51, 2019-06-10

Naspers Listing Looks to Unlock Value in $122 Billion Tencent Stake Africa’s most valuable company said it will move forward with plans to list its massive internet assets in Amsterdam, a bid to reduce the discount its shares trade at relative to the value of its $122 billion stake in Tencent....
16:00, 2019-05-29

WeWork Said to Consider Offer for 70 Percent Indian Affiliate Stake WeWork is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday....
11:17, 2019-06-14

JPMorgan confirms winning bid to take majority stake in China fund JV JPMorgan confirmed it had won an auction to hold a majority equity stake in its Chinese asset management joint venture (JV), becoming the first foreign firm to move closer to taking control of an onshore funds business under new rules....
10:00, 2019-08-06

UPDATE 1-Italy's Mediaset builds a stake in Germany's Prosiebensat Italian largest commercial broadcaster Mediaset has built a 9.6% stake in German peer ProSiebenSat.1, it said on Wednesday, in a move that could pave the way to the creation of a pan-European TV player and lifted the German company's shares....
10:00, 2019-05-29

Scotiabank to post C$300 mln gain as it cuts Thanachart Bank stake Bank of Nova Scotia, Canada's third-biggest lender, said on Thursday it would record a C$300 million ($226 million) gain by reducing its stake in Thailand's Thanachart Bank Public Co (TBank)....
17:51, 2019-08-08

Nordstrom family prepares proposal for major stake in retailer - WSJ Shares of Nordstrom Inc rose 7% on Wednesday after the Wall Street Journal reported that members of the retailer's founding family are in the early stages of discussing a proposal to boost their roughly one-third stake to over 50%, citing people familiar with the matter....
21:00, 2019-07-31

Blockchain startup Ripple buys $30 million stake in MoneyGram Blockchain firm Ripple has bought $30 million worth of shares and warrants in MoneyGram International Inc, the two companies said on Monday, as they partner to use Ripple's product for cross-border payment and foreign exchange settlement....
03:34, 2019-06-18

Vietnam Seeks to Sell Stake in Military Commercial Bank Vietnam’s government is looking to sell part of its stake in Military Commercial Joint Stock Bank, a large local lender with a market capitalization of close to $2 billion....
09:51, 2019-07-15

Icahn reveals stake in Cloudera, may seek board seats Activist investor Carl Icahn revealed a 12.6% stake in data analytics company Cloudera Inc on Thursday, and said he could seek seats on the company's board....
02:17, 2019-08-02

Golden Gate Capital to Buy Stake in Billing-Services Firm Bon Secours Mercy Health hospital system is selling a majority stake in its billing-software company to private-equity firm Golden Gate Capital in a deal that people familiar with the matter valued at roughly $1.2 billion....
05:34, 2019-05-30

UPDATE 1-Albemarle to take 60% pct stake in Australia Wodgina lithium project Albemarle Corp, the world's largest lithium producer, will take a controlling stake in Australia's Wodgina lithium project after revising a deal with Mineral Resources Ltd to buy 60%, up from the previously agreed 50%....
05:17, 2019-08-01

BlackRock Takes Stake in Owner of Sports Illustrated, Nine West BlackRock has become the largest shareholder of Authentic Brands, the company that owns brands including Sports Illustrated and Nine West, in the first deal for the investment giant’s new private-equity fund....
01:34, 2019-08-12

Xiaomi Picks Up Stake in Chip Designer VeriSilicon Holdings Xiaomi has taken a stake of roughly 6 percent in compatriot chip designer VeriSilicon Holdings, as the smartphone maker revamps its years-long pursuit of success in semiconductors which it sees as......
17:17, 2019-07-15

JPMorgan set for historic majority stake in China funds JV: sources JPMorgan was on Friday poised to become the first foreign company to hold a majority stake in a Chinese mutual fund business, two sources said, setting a precedent that one analyst said would trigger......
03:51, 2019-08-03

Nordstrom Family Prepares New Proposal to Increase Stake in Retailer The family behind Nordstrom is seeking to strengthen its grip on the department-store chain following a decline in its shares that has stoked tension on the board....
00:17, 2019-08-01

Melco Resorts to cooperate with Australian inquiry into Crown stake Melco Resorts & Entertainment said on Friday it will cooperate with an Australian gaming regulator's inquiry into its $1.2 billion stake purchase in Crown Resorts....
06:34, 2019-08-09

Analysis: Obamacare's fate will be at stake at 2020 ballot box as well as in court The extended battle over the Affordable Care Act will push deeper into uncharted waters Tuesday, when lawyers from a coalition of Republican-controlled states and the Trump administration argue for overturning the law in a federal court....
22:34, 2019-07-09

Reliance to Buy Majority Stake in Shopping Tech Startup Fynd Reliance has announced it will be buying a stake in Fynd, an Indian technology startup that is funded by Google and works as an inventory management platform....
14:51, 2019-08-05

Fox Corp. Strikes Deal to Buy Majority Stake in Credible Labs Fox Corp. has struck a deal to buy a majority stake in Credible Labs Inc., a marketplace for consumer-lending information, for $265 million, the company said Sunday afternoon....
11:00, 2019-08-05

Renault may cut Nissan stake to revive Fiat deal, report says Renault and Nissan have held talks that would see Renault reduce its 43.4 percent stake in the Japanese automaker, rebalancing their alliance, and help the French company restart merger discussions with Fiat Chrysler Automobiles, The Wall Street Journal reported....
17:51, 2019-08-03

Australia's Qantas says it will not trim Alliance stake despite competition concerns Australian flag carrier Qantas Airways Ltd said it had no plan to cut its stake in Alliance Airlines, after the competition regulator raised concerns over its acquisition of 19.9% in its rival....
07:00, 2019-08-01

UPDATE 1-CVC-led consortium to acquire 30% stake in Dubai's GEMS Education A consortium led by private equity firm CVC Capital Partners has agreed to acquire a 30% stake from existing shareholders in Dubai-based GEMS Education....
15:00, 2019-07-10

LVMH Buys Minority Stake in Stella McCartney House LVMH Möet Hennessy Louis Vuitton bought a minority stake in the British fashion house set up by Stella McCartney, giving the French luxury company a high-profile vehicle to tap growing demand for high-end clothing marketed as sustainable....
00:34, 2019-07-16

BlackRock becomes Authentic Brands' largest shareholder with $875 million stake BlackRock Inc's new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up an $875 million stake in Authentic Brands Group LLC, making it the largest investor in the U.S.-based entertainment company, the fund said on Sunday....
07:00, 2019-08-12

Sarasin cuts Shell stake, criticizing its climate strategy London-based asset manager Sarasin & Partners has sold nearly 20% of its holdings in Royal Dutch Shell, saying the oil and gas company's spending plans are out of synch with international targets to battle climate change....
02:51, 2019-07-10

Italy's Atlantia considers stake buy in carrier Alitalia - report Italy's infrastructure group Atlantia is considering to buy a 35-40% stake in troubled carrier Alitalia for an investment of around 300 million euros ($336.21 million), newspaper Il Sole 24 Ore reported on Wednesday....
07:51, 2019-07-10

Saudi Aramco to buy Reliance stake, reports 12% earnings slide Saudi Aramco reported a 12% fall in half-year net profit on Monday, yet remained the world's most profitable company, while India's Reliance Industries said Aramco is looking to buy into its refining and petrochemicals business....
13:00, 2019-08-12

Iberdrola to sell 40% stake in UK wind project for 1.6 billion pounds Spanish energy firm Iberdrola has agreed to sell a 40% share in British offshore wind project East Anglia One to the Green Investment Group, it said on Monday....
13:00, 2019-08-12

France prepared to cut Renault stake to shore up deal with Nissan- AFP French Finance Minister Bruno Le Maire said France is ready to cut its stake in Renault SA in order to shore up Renault's partnership with Nissan Motor Co , according to an AFP tweet https://bit.ly/2KwTMqg on Saturday....
11:17, 2019-06-08

Emmanuel Macron’s Grand Ambitions Are at Stake in European Elections For the French president, who is bitterly opposed by the rising populist forces on the Continent, the vote is a critical test of his vision of deeper integration....
14:38, 2019-05-21

Exclusive: FCA-Renault revival may hinge on Nissan stake cut - sources Fiat Chrysler Automobiles NV and Renault SA are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker's alliance partner Nissan Motor Co Ltd , according to several sources close to the companies....
04:17, 2019-06-10

China's BAIC buys 5% Daimler stake to cement alliance China's Beijing Automotive Group Co Ltd (BAIC) has bought a 5% stake in Daimler , cementing their long-standing alliance after China's Geely emerged as a potential rival by also taking a stake in the German automaker....
12:00, 2019-07-23

‘We Are Risking Everything.’ Hong Kong’s Young Rebels Stake Everything on Their Struggle Law enforcement would inevitably arrive to evict the hundreds of young, black-shirted demonstrators who broke in and defiled the Hong Kong legislature. A rumor that police were already there briefly dispersed the sea of anti-government protesters from the harbor-front complex. But after the false al...
15:34, 2019-07-05

BlackRock Offers to Buy Cofense Stake from Russia-Linked Firm A rare showdown between a national-security panel tasked with overseeing foreign-investment in U.S. companies and a Russia-linked firm is nearing a potential resolution....
01:00, 2019-08-17

Chicago investment firm takes majority stake in Whataburger SAN ANTONIO (AP) — An investment firm has purchased a majority stake in Whataburger as the Texas-based fast-food company seeks to expand in an increasingly competitive market. Whataburger announced Friday that the purchase by Chicago-based BDT Capital Partners should be finalized by the end of the s...
20:34, 2019-06-14

Adidas shares slide as traders say its top investor GBL plans to cut its stake Adidas shares fell 3% on news that one of the German sportswear company's top shareholders, Groupe Bruxelles Lambert, was preparing to sell a portion of its near $4.5 billion stake, three traders said....
14:51, 2019-06-12

France prepared to cut Renault stake to shore up deal with Nissan: AFP French Finance Minister Bruno Le Maire said France is ready to cut its stake in Renault SA in order to shore up Renault's partnership with Nissan Motor Co, according to an AFP tweet on Saturday....
08:17, 2019-06-08

UPDATE 4-British Steel risks collapse with 25,000 jobs at stake * Unions say: Save the steelworks (Adds context on EU steel equities, the EU ETS, comment from British Steel, from the British government, from UK Steel.)...
17:00, 2019-05-21

Government Aims To Raise Rs 15,000 Crore By Stake Sales: Report Finance Minister Nirmala Sitharaman set an ambitious target of Rs 1.05 lakh crore ($15.33 billion) from the sale of stakes in state-run companies, compared with Rs 85,000 crore the previous year, in......
19:00, 2019-07-08

Tour Missouri's Echo Bluff Stake Park If the scenery in Netflix's "Ozark" appeals to you, Missouri's Echo Bluff State Park can provide the natural beauty without all the man-made drama.       ...
04:51, 2019-06-12

UPDATE 1-Activist investor Cat Rock slashes stake in UK's Staffline Activist investor Cat Rock Capital cut its stake in Staffline Group Plc by more than half, less than a month after the British recruiter swung to a 2018 loss as it booked a charge for potential fines for underpaying workers....
09:51, 2019-07-22

Aston Martin's biggest investor mulls acquiring another 3% stake Strategic European Investment Group, the biggest investor in Aston Martin, is considering buying another 3 percent stake in the automaker after Aston's shares crashed almost 50 percent since its listing nine months ago....
13:51, 2019-07-01

CBOE Holdings Takes Minority Ownership Stake In CurveGlobal CHICAGO, IL -- October 16, 2015 -- CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that it made a minority investment in CurveGlobal, a new interest rate derivatives venture of the London Stock Exchange Group (LSEG) and a number of major dealer banks. CBOE is the only U.S. exchange in the venture...
02:51, 2019-05-22

It’s Not Just the White House in 2020. The Power to Draw Maps Is Also at Stake. With the nation’s political maps hanging in the balance, Democrats are racing to win back statehouse chambers and Republicans are rushing to defend gains from 2010....
11:51, 2019-07-05

Fin24.com | Military stake stymies R57bn Zim platinum project A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4bn, about R57bn, is floundering because a military stake in the project has deterred potential backers, according to people familiar with the funding discussions....
19:17, 2019-05-21

France Ready To Cut Renault Stake To Shore Up Nissan Partnership France is ready to consider cutting its stake in Renault in the interests of consolidating the automaker's alliance with Nissan, Finance Minister Bruno Le Maire said....
19:51, 2019-06-08

UPDATE 1-Peltz's Trian picks up 6% stake in Britain's Ferguson Nelson Peltz's Trian Fund Management LP has acquired a stake of about 6% in Ferguson Plc, calling the British plumbing products distributor an "attractive" investment that trades at a discount to peers in the United States....
09:34, 2019-06-13

ArisGlobal Sells Majority Stake to Europe's Nordic Capital European buyout firm Nordic Capital has agreed to acquire a majority stake of U.S.-based ArisGlobal, in a deal that values the life-sciences software company at $700 million including debt....
22:17, 2019-06-16

Abu Dhabi sovereign fund buys 25% stake in 330 Madison Avenue Abu Dhabi Investment Authority (ADIA) has bought a 25% stake in 330 Madison Avenue in New York from Vornado Realty Trust a spokesman of sovereign wealth fund ADIA said on Wednesday....
10:17, 2019-06-12

Norway fund may have to offload $1 bln stake in Glencore in shift away from coal Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 percent of their revenue from coal, to meet proposed tighter ethical investing rules....
10:17, 2019-06-12

Aston Martin's Biggest Investor Considers Acquiring Another 3% Stake The biggest investor in Aston Martin is considering buying another 3% stake, offering to increase its holding after shares in the luxury carmaker crashed almost 50% since its listing nine months ago....
10:34, 2019-07-02

Morgan Stanley wants majority stake in Chinese joint venture: CEO Morgan Stanley wants to obtain majority ownership of a joint venture in China, but regulators there have not signed off on the idea, Chief Executive Officer James Gorman said on Wednesday....
00:17, 2019-06-13

Retail stores get a bad rap, as closures pile up. But here's how stores boost online sales A new survey from the International Council of Shopping Centers shows bricks-and-mortar stores clearly offer a boost to online sales, and vice versa. ICSC says it's a "halo effect."...
00:34, 2019-07-23

China June industrial output up 6.3% year-on-year, beats forecasts, retail sales up 9.8% China's industrial output grew 6.3% in June from a year earlier, official data showed on Monday, picking up from May's 17-year low and handily beating market expectations....
07:17, 2019-07-15

Italy's Salvini says Rome should take stake in combined FCA-Renault group "if required" Italy's Deputy Prime Minister Matteo Salvini said on Monday the Rome government should take a stake in a combined Fiat Chrysler- Renault group if necessary, given the importance of the car sector for the domestic economy....
23:17, 2019-05-27

UPDATE 1-France prepared to cut Renault stake to bolster deal with Nissan- AFP French Finance Minister Bruno Le Maire said France is ready to cut its stake in Renault SA in order to consolidate Renault's partnership with Nissan Motor Co , Agence France Press (AFP) reported https://www.afp.com/en/news/717/france-ready-cut-renault-stake-shore-nissan-partnership-finance-minister-...
11:17, 2019-06-08

UPDATE 1-BlackRock becomes Authentic Brands' largest shareholder with $875 million stake BlackRock Inc's new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up an $875 million stake in Authentic Brands Group LLC, making it the largest investor in the U.S.-based entertainment company, the fund said on Sunday....
20:34, 2019-08-11

Adidas slides as traders say top investor GBL plans to sell part of stake Adidas shares fell 1.5% on Wednesday on expectations that one of the German sportswear firm's top shareholders, Groupe Bruxelles Lambert (GBL), was preparing to sell a portion of its stake, three traders said....
11:34, 2019-06-12

Teneo Agrees to Sell Majority Stake to Private-Equity Firm Teneo Holdings LLC—the communications and advisory firm known for counseling the CEOs of some of the world’s largest companies—has agreed to sell a slight majority stake to private-equity investor CVC Capital Partners, according to people familiar with the matter....
22:51, 2019-06-07

S.Korean activist fund KCGI eyes stake in Asiana Airlines South Korea's activist fund KCGI, the No.2 shareholder in the parent company of Korean Air Lines , is interested in buying rival carrier Asiana Airlines, KCGI Chief Executive Officer Kang Sung-boo told Reuters on Monday....
03:51, 2019-08-19

Norway fund may have to offload $1 billion stake in Glencore in shift away from coal Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 percent of their revenue from coal, to meet proposed tighter ethical investing rules....
10:17, 2019-06-12

Australia's Mineral Resources to sell larger stake in Wodgina to Albemarle Mineral Resources Ltd on Thursday said that Albemarle Corp, the world's largest lithium producer, would now buy a 60% stake in its Wodgina Lithium Project, instead of the previously agreed 50%....
05:17, 2019-08-01

Wizards could try to lure Raptors’ Masai Ujiri with a notable ‘ownership stake’ Ujiri built the Raptors team that won the franchise's first NBA title on Thursday. To lure him, a percentage of ownership would be one major sweetener Washington would have to present over Toronto....
09:34, 2019-06-14

Stake petition platform lets shareholders rally for corporate change A petition platform called Stake aims to give stockholders more power to influence company practices by combining their small holdings into a unified group that gives them the clout to push for change....
20:00, 2019-08-14

Noble Group to take stake in Australian rare earths developer Arafura Commodities trading firm Noble Group is set to take a small stake in ambitious Australian rare earths developer Arafura, raising its exposure to strategic minerals critical to high-tech industries and electric vehicles....
06:34, 2019-06-20

AMG is offloading its majority stake in struggling hedge fund BlueMountain for $91 million Affiliated Managers Group sold its majority stake in Andrew Feldstein's BlueMountain Capital to Assured Guaranty, a Bermuda-based municipal bond and infrastructure insurer, for $91 million. The deal is expected to close at the end of the year, and Feldstein will net $22.5 million in shares of Assure...
15:51, 2019-08-09

Oyo founder to buy back $2 billion worth stake in SoftBank-backed Indian co Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a move that will bring his ownership closer to biggest investor SoftBank Corp ....
13:34, 2019-07-19

UPDATE 1-Pharma firm Gilead to raise Galapagos stake in $5.1 bln deal Gilead Sciences Inc will invest $5.1 billion to increase its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the companies said on Sunday....
20:34, 2019-07-14

China's Tencent talking to Vivendi about stake in Lady Gaga's label China's Tencent Holdings Ltd is in talks to buy up to 20% of Universal Music Group (UMG) from Vivendi SA , valuing the music label of Lady Gaga, Ariana Grande and the Beatles at around 30 billion euros ($34 billion), as both firms look to expand in a recovering global music market....
03:51, 2019-08-07

AB InBev seeks $9.8 billion for Asia stake in world's largest 2019 IPO Brewing giant Anheuser-Busch InBev NV (AB InBev) is seeking to raise up to $9.8 billion by listing its Asia-Pacific business in Hong Kong, marking what would be the world's largest initial public offering this year....
15:00, 2019-07-02

Huawei Selling Stake in Undersea-Cable Firm as U.S. Pressure Mounts China’s Huawei Technologies plans to sell its majority stake in an undersea-cable venture, in a move that follows a U.S. pressure campaign against Huawei and efforts to block the cable venture’s projects....
14:51, 2019-06-03

Golden Gate Capital to Buy Stake in Hospital-Billing Software Firm Golden Gate Capital is buying a majority stake in billing-software operations of Bon Secours Mercy Health hospital system in a deal valued at $1.2 billion, people familiar with the matter said....
00:34, 2019-05-30

Altria buys 80% stake in Swiss tobacco company Burger Sohne The Altria Group is buying an 80 percent share in Swiss company Burger Sohne and will commercialize one of its smokeless tobacco products, the companies announced Monday....
15:51, 2019-06-03

Ethiopia to issue two telecom licenses, minority stake in monopoly: official Ethiopia will award two telecoms licenses to multinational mobile companies, a senior official said on Friday, in the first detailed announcement of the government's plans for opening one of the world's last major closed telecom markets....
19:17, 2019-07-05

Pharma firm Gilead to raise Galapagos stake in $5.1 bln deal -report Gilead Sciences Inc will increase its stake in Galapagos NV and gain rights outside Europe to the Belgian-Dutch biotech firm's treatments in development in a $5.1 billion deal, the Wall Street Journal reported on Sunday....
19:34, 2019-07-14

Robbie Williams takes stake in college, sings mentoring's praises Pop singer Robbie Williams, a judge on Britain's "The X Factor" television show last year, is taking a stake in a performing arts college as he looks to mentor more "jazz hand people" like him....
23:17, 2019-06-13

‘It’s Not a Fight About Money.’ Why Bankers and Entrepreneurs Have a Stake in Hong Kong’s Protests Conrad Wu is a serial entrepreneur. He rarely takes a day off or a vacation. His days and nights are spent working on a transportation app he started in 2013, a car washing service app he co-founded in 2015, and brainstorming ideas for new businesses. What little spare time the 38-year-old has is of...
10:34, 2019-07-11

BTG Pactual's Esteves seeks to restore controlling stake after acquittal - document Banco BTG Pactual SA founder Andre Esteves has asked Brazil's central bank to allow him to take back a key stake in the bank's controlling partnership following his acquittal of corruption charges, according to a document....
17:00, 2019-07-10

Israel's Azrieli buys stake in data centres firm Compass for $135 mln Israeli real estate developer Azrieli Group said on Thursday it was acquiring 20% of Compass Holdco for $135 million for its first investment in the North American data centres market....
10:01, 2019-07-18

Carranza crony hired despite stake in company that’s made millions in business with DOE Chancellor Richard Carranza hired a California friend to oversee the city’s struggling schools despite his pal keeping a financial stake in a software company that has since racked up millions of dollars in business with the Department of Education, newly released records show....
07:00, 2019-07-14

Pharma firm Gilead to raise Galapagos stake in $5.1 billion deal Gilead Sciences Inc will invest $5.1 billion to increase its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the companies said on Sunday....
21:17, 2019-07-14

Saudi Aramco aims to buy Reliance stake, reports lower earnings Saudi Aramco is planning a multibillion dollar investment in India's Reliance Industries as the energy giant diversifies its oil business, where weaker prices cut its first-half profit by 12%....
00:17, 2019-08-13

Nordstrom family reportedly prepares proposal to increase stake in retailer The Nordstrom family last year aborted talks to take the retailer private after an initial offer of $50 a share was rejected as too low. Shares of the retailer have in recent weeks dipped nearly $20 below that offer....
00:17, 2019-08-01

Third Point cuts United Technologies stake after opposing Raytheon deal Hedge fund Third Point LLC said on Tuesday that it recently cut its investment in United Technologies Corp , becoming the second activist hedge fund to sell shares after the company announced a merger with Raytheon Co. that the funds said they would not support....
18:17, 2019-08-13

France Will Debate a Bill to Stop Online Hate Speech. What’s at Stake? The plan, which is up for discussion in Parliament this week, would make it mandatory for online platforms to remove hateful content in less than 24 hours. Critics worry about censorship....
20:34, 2019-07-01

Brazil's CPFL Energia offers to buy Chinese stake in renewables unit Brazilian electric utility CPFL Energia SA announced on Tuesday a memorandum of understanding with its parent company, China's State Grid , for the potential acquisition of State Grid's stake in its renewables arm CPFL Renovaveis ....
15:17, 2019-05-21

Italy's Salvini says Rome should take stake in combined FCA-Renault group 'if required' Italy's Deputy Prime Minister Matteo Salvini said on Monday the Rome government should take a stake in a combined Fiat Chrysler- Renault group if necessary, given the importance of the car sector for the domestic economy....
20:17, 2019-05-27

With political power at stake, North Carolina gerrymandering trial begins North Carolina's state legislative districts were unconstitutionally gerrymandered to entrench Republicans in power and must be thrown out, a lawyer for state Democrats and a good-government advocacy group told a panel of judges on Monday....
00:34, 2019-07-16

Revival of Fiat Chrysler-Renault deal is said to hinge on reduced stake in Nissan Fiat Chrysler Automobiles and Renault are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker's alliance partner Nissan Motor, according to several sources close to the companies....
12:34, 2019-06-10

Japan upper house poll begins, Abe's constitutional reform hopes at stake Campaigning began on Thursday for Japan's July 21 upper house election, with Prime Minister Shinzo Abe's ruling bloc expected to keep a majority but perhaps with fewer seats, clouding hopes of achieving his goal of revising the pacifist constitution....
04:34, 2019-07-04

India's Reliance bets on tech for growth, announces stake sale to Aramco Reliance Industries said it would launch super-fast internet in India next month, stressing that partnerships would be its path to growth as it announced a tie up with Microsoft and a stake sale in its oil unit to Saudi Aramco....
17:34, 2019-08-12

Soros Fund Management increases stake in Tesla convertible bonds: filings Billionaire George Soros' investment firm, Soros Fund Management Llc, raised its stake in Tesla Inc's convertible bonds due in 2021 by 17.5 million convertible bonds to 37.5 million convertible......
15:01, 2019-05-21

UPDATE 1-S.Korean activist fund KCGI eyes stake in Asiana Airlines South Korea's activist fund KCGI, the second-largest shareholder in the parent company of Korean Air Lines Co Ltd, is interested in buying rival carrier Asiana Airlines Inc, KCGI Chief Executive Kang Sung-boo told Reuters....
05:34, 2019-08-19

Fate of Missouri's only abortion clinic at stake as St. Louis judge holds hearing The fate of Missouri's only abortion clinic will be at stake on Tuesday when a St. Louis judge hears arguments in Planned Parenthood's lawsuit aimed at forcing state health officials to renew the facility's license to perform the procedure....
12:34, 2019-06-04

Tammy Abraham views transfer ban as golden chance to stake Chelsea claim • Striker is ‘buzzing’ at prospect of new season at Stamford Bridge• ‘There is a great chance for us young players so we must go for it’Tammy Abraham has said Chelsea’s transfer ban represents a glorious opportunity for the club’s academy prospects and next season will be “now or never” for him to b...
01:51, 2019-06-24

UPDATE 1-Vivendi to appoint banks on Thursday for sale of Universal stake - source French media group Vivendi is set to appoint several investment banks on Thursday for the sale of up to 50% of Universal Music Group, its most-prized asset, said a source close to the matter....
17:34, 2019-07-24

Transportation Secretary Chao reportedly still holds construction co. stake she pledged to divest Elaine Chao's shares have risen in value by more than $40,000 since the month she said she would let go of them, the Wall Street Journal reported....
16:51, 2019-05-28

India's Reliance to roll out fibre broadband, unveils oil stake sale to Aramco Reliance Industries unveiled plans to launch high-speed internet services in India, a tie-up with Microsoft and a stake sale in its oil business to Saudi Aramco, underscoring billionaire Chairman Mukesh Ambani's ambitions for the group....
12:34, 2019-08-12

WRAPUP 1-Saudi Aramco aims to buy Reliance stake, reports lower earnings Saudi Aramco is planning a blockbuster investment in Reliance Industries, the Indian conglomerate said on Monday, as the Saudi energy giant diversifies its business, where weaker oil prices cut its first-half profit by 12%....
15:34, 2019-08-12

Catalyst Capital seeks to take Hudson's Bay stake to oppose chairman's offer to go private Private equity firm Catalyst Capital Group Inc on Monday offered to buy an estimated C$150 million stake in Hudson's Bay Co, and said it will oppose Executive Chairman Richard Baker's C$1.74 billion take-private proposal....
04:00, 2019-07-23

UPDATE 2-Brazil unit of France's Casino to sell stake in appliance retailer for at least $578 mln French retailing group Casino's Brazilian unit will sell its controlling stake in a Brazilian appliance retailer for at least 2.23 billion reais ($578 million), accepting a discount on the unit's listed price as it refocuses on its supermarket business....
18:17, 2019-06-12

UPDATE 2-Billionaire James Packer to sell 20% stake in Crown Resorts to Melco Melco Resorts & Entertainment Ltd said on Thursday it would buy a 20% stake in Australia's Crown Resorts Ltd from casino mogul James Packer for A$1.76 billion ($1.22 billion), just months after Wynn Resorts withdrew its offer to buy Crown....
16:17, 2019-05-30

Millennials' financial futures at stake in Social Security reform debate, Republicans say Congressional lawmakers want to extend Social Security's solvency. But they also want to make sure millennials will get as much money out as they pay in....
07:00, 2019-08-01

Gilead to Boost Stake in Belgian Biotech Galapagos as Part of $5.1 Billion Deal Gilead Sciences will pay $5.1 billion to lift its stake in Galapagos NV and gain rights outside Europe to the Belgian biotechnology company’s treatments in development....
02:51, 2019-07-15

Lions Gate, Spyglass Media, Viacom Are Leading Contenders to Buy Stake in Miramax Several potential buyers have expressed interest in purchasing a stake in Miramax, which is owned by BeIN Media Group and has produced popular and critically acclaimed films such as “Good Will Hunting” and “Pulp Fiction.”...
05:00, 2019-08-02

Pakistan moves to ban single-use plastic bags: ‘The health of 200 million people is at stake’ The fines will be steep — $31 for using a single bag, $63 for selling one and up to $31,000 for manufacturing them. The national per capita income is $1,200 per year....
04:17, 2019-08-14

UPDATE 1-Brazil's CPFL Energia offers to buy Chinese stake in renewables unit Brazilian utility CPFL Energia SA said on Tuesday it had offered to buy parent company China's State Grid's stake in its renewables arm CPFL Renovaveis ....
17:00, 2019-05-21

Opinion: More than title at stake for USWNT in World Cup final. Trophy would boost legal case US women have deflected questions about gender discrimination suit against US Soccer, but they know case gets stronger with another World Cup trophy.       ...
08:17, 2019-07-06

Nippon Life Insurance To Raise Stake In Reliance Capital-Owned Asset Manager Reliance Capital and Nippon Life Insurance Co both own 42.88% stake each in Reliance Nippon. Nippon Life will buy out most of Reliance Capital's stake with this deal, the asset manager said....
11:01, 2019-05-23

Ubisoft acquires 70% stake in Green Panda Games, bolstering its hyper-casual stable Ubisoft is acquiring a 70% stake in Green Panda Games, which makes games like Bee Factory and Golf Orbit and has over 78 million downloads. Read More...
01:34, 2019-08-01

Beijing Auto Buys Daimler Stake, Bolstering German Carmaker’s Ties to China The deal strengthens the German automaker’s relationship with a Chinese counterpart in a country that has become an important market but where overall sales are falling....
17:51, 2019-07-23

Brazil's Monashees buys stake in plant-based meat producer Fazenda Futuro Brazilian plant-based meat producer Fazenda Futuro said on Thursday it has received its first round of investments, led by venture capital firm Monashees....
06:00, 2019-07-19

Ireland arrive at Lord's ready to bloody a few noses with plenty at stake in four-day Test The simplistic view would be to see the four-day Test against Ireland as the calm between two storms for England this summer. The World Cup finished — and in some style, you may remember — nine days ago. The Ashes begin in nine days' time....
13:34, 2019-07-23

UPDATE 1-India's Reliance bets on tech for growth, announces stake sale to Aramco Reliance Industries said it would launch super-fast internet in India next month, stressing that partnerships would be its path to growth as it announced a tie up with Microsoft and a stake sale in its oil unit to Saudi Aramco....
15:34, 2019-08-12

'White Knight' Delta buys stake in Korean Air parent, dampens activist threat Delta Air Lines bought a small stake in Korean Air Lines Co's parent company and said it wants to increase it to 10%, giving a boost to the management of South Korea's top carrier that seeks to thwart a local activist fund's challenge....
11:51, 2019-06-21

Australia's Crown Resorts shares drop as stake sale to Melco dampens buyout hope Australian casino giant Crown Resorts Ltd saw its shares tumble on Friday, after a surprise $1.2 billion selldown by founder James Packer to Hong Kong's Melco Resorts & Entertainment Ltd dampened hopes for a full buyout....
06:01, 2019-05-31

Angelina Jolie: 'I could have been burnt at the stake' if I was born earlier In a new essay, Angelina Jolie shared how independent women have been branded as "wicked" and "witches" throughout history.        ...
20:34, 2019-08-05

CBOE Holdings Takes Equity Stake in Eris Exchange Holdings and Companies Announce Strategic Product Partnership CHICAGO, May 23, 2016/ PRNewswire/-- CBOE Holdings, Inc. and Eris Exchange, LLC announced today that CBOE Holdings has made a minority equity investment in its parent, Eris Exchange Holdings, LLC. Eris is a U.S.- based futures exchange group offering swap futures as a capital-efficient alternative t...
02:51, 2019-05-22

'Fridays for Future': What next? Will young people protesting around the world to demand action on the climate crisis be the vanguard of a new movement to tackle overconsumption and our throw-away society? One expert is optimistic....
16:51, 2019-06-21

The future of AI is collaborative AI is becoming increasingly widespread, affecting all facets of society — even Sonic drive-ins are planning to implement artificial intelligence to provide better customer service. Of course, every time a new innovation appears in the realm of AI, fears arise regarding its potential to replace...
19:51, 2019-05-21

Amazon Prime vs Amazon Business Prime: Everything you need to know You've probably heard about Amazon Prime. But did you know there's a similar membership program just for Amazon Business users, called Amazon Prime? Here's how the two compare....
20:34, 2019-08-06

Amazon Fire HD 8 vs Fire HD 10: which Amazon tablet is best for you Amazon’s range of Fire HD tablets aren’t exactly processing powerhouses, nor are they portable cinemas or games consoles – but you wouldn’t expect them to be at their incredibly low price tag.Costing less than all but the cheapest smartphones, the Amazon Fire HD tablets a...
18:34, 2019-05-30

Laurent Koscielny's agent shamed by Ian Wright with Arsenal 'legacy' at stake Arsenal legend Ian Wright has warned Laurent Koscielny could ruin his "legacy" at the club after refusing to go on the pre-season tour of the United States....
00:17, 2019-07-13

The Future of Payments 2018 The payments industry is transforming. Noncash payments methods are quickly becoming the norm.Business Insider Intelligence Business Insider Intelligence projects digital payments to continue to grow through 2023 and beyond.See the rest of the story at Business InsiderSee Also:Santander leads the pa...
12:00, 2019-07-08

There Is No Hybrid Future At GM And Volkswagen As automakers around the globe lean on hybrids as a way to enable compliance with fuel consumption and emissions standards, two of the world’s leading manufacturers have decided to completely scrap that genre of vehicle from their lineup. General Motors and Volkswagen aren’t here to play: they’re go...
15:34, 2019-08-12

What We Can Expect From the Future of Lotus Under ownership from Geely, British sports car icon Lotus has gone from trying to keep the lights on to producing the all-electric Lotus Evija hypercar: a land missile that promises 250 miles of range, 0-62 mph in less than three seconds, a staggering 2,000 horsepower and a top speed over 200 mph. I...
21:34, 2019-07-23

A Future Without the Front Page What happens when the presses stop rolling? Who will tell the stories of touchdowns scored, heroes honored and neighbors lost? We asked news industry innovators to share their visions for what comes next, and what fills the void....
15:34, 2019-08-01

AMD hints at ray tracing in the future AMD has hinted that it's going to start working on ray tracing in the future, during the Bank of America Merrill Lynch 2019 Global Technology Conference. But, of course, these discussions will happen after AMD Navi hits the streets. Senior VP of Marketing, HR and Investor Relations Ruth Co...
19:34, 2019-06-07

The apprentice looks into Schaeffler's future Marc McGrath started as a co-op clutch engineer in Ohio. In October, he will be the supplier's CEO for the Americas. When it comes to change, he gets it....
15:34, 2019-08-05

The future of AI in the construction industry According to McKinsey, the construction industry is under-digitized, with companies failing to realise the potential of artificial intelligence (AI) as a driver of growth and efficiency.Implementing AI means significant investment for construction companies, but the rewards can far outweigh the init...
13:17, 2019-07-16

Climate Vigilantism Is Your Future, Whether You Like It Or Not If governments won't do anything, expect more and more people to take the environment into their own hands. Drew Magary on the rise of the climate vigilantes....
21:17, 2019-06-04

Red Sox 2B Pedroia put on 60-day IL, future in doubt Red Sox second baseman Dustin Pedroia will take an "indefinite leave" in his long struggle to recover from knee trouble, putting in doubt whether he'll ever play again in the majors        ...
21:00, 2019-05-27

The future of the RMB: special focus Euromoney's latest coverage of how Beijing is seeking to globalize the renminbi, through currency swaps and trade-financing facilities; the rise of the offshore bond market; and how fee-hungry banks are salivating at the prospect of the RMB’s growth....
16:00, 2019-05-21

Motivate Your Kid by Having Them Imagine the Future Your kid doesn’t want to do it. Clean his room. Finish her book report. Practice violin. Whatever the impossibly hard thing of the moment may be. As a parent, you might be tempted to resort to nagging, but that will just make everyone more frustrated. A better way to motivate kids, according to rese...
22:00, 2019-06-21

What we're buying: 'Typeset in the Future' This week, Senior Editor Kris Naudus takes a look at a book that will please both sci-fi nerds and design geeks. 'Typeset in the Future' explores the typography and design in science fiction movies such as 2001: A Space Odyssey, Star Trek, and more....
22:51, 2019-07-01

Watch The Future of Everything Festival The Wall Street Journal’s second annual Future of Everything Festival featured more than 90 speakers on stage over three days in New York. Catch up on all the panels....
17:51, 2019-05-30

The future of the internet is… streetlights? Despite its apparent omnipresence, the internet is only available to around half of the world’s population. Whatever estimate you choose, billions are without the basic internet access we take for granted in more developed countries. This means that, if we are to achieve digital equality, these bill...
16:17, 2019-08-03

A Pininfarina SUV Just Might Be A Thing In The Near Future When you think “Pininfarina,” you probably think “hypercar” or “high-performance,” not “sedans and SUVs.” But, according to CEO Michael Perschke, you might actually see a full range of Pininfarina vehicles on the market sometimes in the next three years....
10:17, 2019-08-07

For our future, more Indian immigrants, please If, like me, you believe that the U.S. needs to welcome immigrants on a sustainable basis, you should support a greater U.S. government priority on the immigration of skilled Indian citizens to the United States....
02:01, 2019-07-16

Is socialism the future for Germany's ailing SPD? The Social Democrats are struggling for relevance after a decade-long crisis of faith. DW's Austin Davis traveled to Munich to see if socialism can be the answer to the woes dogging Germany's oldest political party....
23:34, 2019-07-08

How to prepare children for the jobs of the future Today's classroom is a far cry from the traditional image of locker desks, chalkboards and pencils. With education expected to prepare children for a fast-changing digital workplace, technology-led learning is becoming the norm and kids may be coding before they can read and write....
21:17, 2019-08-02

The Future of Housing Rises in Phoenix High-tech house flippers such as Zillow are using algorithms to reshape the stodgy, $26 trillion market for U.S. residential real estate. They started in Phoenix, the petri dish for America’s housing experiments....
18:51, 2019-06-19

The future of work is an adaptive workforce To become an adaptive enterprise requires significant investments in technology transformation, in culture building, and in setting up structures and processes....
19:34, 2019-08-01

"Not much more" Honda can do to secure its Formula 1 future Honda believes it cannot do much more to secure its Formula 1 future as its programme chiefs await a decision from the company hierarchy on whether to continue beyond 2020...
18:34, 2019-08-16

Back to the future: revisiting the Audi A2 Pity only one of these turn-of-the-century busts was revived We fire up the flux capacitor and travel back 20 years to drive a future classic that flopped for being ahead of its time I’m not old enough to reminisce about when this part of East London was all fields, but I do remember a time when ...
06:17, 2019-07-12

Verstappen win could be key to Honda F1 future with Red Bull Red Bull's victory in the Austrian Grand Prix could be decisive in determining Honda's Formula 1 future, amid ongoing high-level talks over whether the manufacturer will continue beyond 2020...
17:51, 2019-07-02

A new force on the horizon: the future of video will be 5G Big telecom providers like AT&T and T-Mobile agree that 5G will change everything; they consider the arrival of fifth-generation technology as the beginning of the fourth industrial revolution.In three to five years, 5G will serve as a fixed broadband replacement product, according to AT&T's CE...
16:51, 2019-05-29

ILe Carries Latin Pop Back to the Future The Puerto Rican singer and songwriter’s latest album, “Almadura,” is rooted in the past but upends old assumptions. She’ll bring its songs to the Latin Alternative Music Conference....
19:00, 2019-07-09

How to get investors to save more for retirement? Perhaps by saying hello to their future self Getting clients to save more for retirement means getting them to care about their future selves. How to forge that emotional connection? Technology, advisor help and even old-fashioned letter writing can help....
14:34, 2019-06-20

The future of network management is automated Increasingly complex networks and the growing adoption of multicloud technology are part of the reason IT pros feel automation is in their future, according to a Kentik report....
21:51, 2019-07-24

The future of Jaguar sports cars Departing Jaguar design boss Ian Callum lays out his blueprint for Jaguar's sporting future - and sketches it for us A key part of the legacy Ian Callum leaves Jaguar after 20 years as its director of design is a clear understanding of how the brand's sports cars should look. His views about sports...
04:51, 2019-06-10

Why Disney+ Freaks Me Out About the Future of Streaming It certainly seems like the world of streaming video entered a new epoch recently. Last week, Comcast finally handed the reigns of Hulu over to Disney, which means the company will have not only the impending Disney+ streaming service but also a live TV service that competes with the big cable compa...
17:34, 2019-05-25

Our foldable future is running a little late, and that's OK From the moment it was first teased last year, Samsung's Galaxy Fold convinced many that foldable phones were the next frontier to conquer. To no one's surprise, it wasn't long before competitors announced foldable plans of their own, feeding a cycle......
20:34, 2019-07-04

Museum of the Future: A new world icon? In Dubai, the Museum of the Future aims to serve as a base to explore the greatest challenges and technologies that will shape the world of tomorrow....
15:00, 2019-06-10

Don Garber on M.L.S.’s Past, Present and Future Major League Soccer almost folded after his first full season as commissioner. On Sunday, Garber will celebrate 20 years in the job, and his league and his vision for it continue to expand....
09:34, 2019-08-04

UK Car Sector Accelerates Towards Electric Future Britain's auto industry, seeking to swerve Brexit obstacles, is accelerating toward electrification as consumers shun high-polluting diesels, driven by rapid advances in technology and greener......
13:51, 2019-07-21

Why the future of US data regulation must come from Congress As of May 2019, over 20 US states have introduced bills seeking to regulate data privacy, data security, or some combination of the two. While many of these bills agree in spirit (i.e. privacy good, data collection and usage bad), the various bills are decidedly more divergent as to how to accomplis...
23:34, 2019-05-25

Can I buy a future-proof laptop to last 10 years? Ed wants to buy a Windows laptop that will last as long as possible, and is willing to pay up to £2,000I want to buy a Windows laptop that is as future-proof as possible. I have been looking at ones with at least a Core i7 processor, 16GB of memory, USB-C Thunderbolt 3 ports and a 13-14in high-resol...
13:17, 2019-05-30

Celebrating The Future Of Hemp By Looking To The Past VERSAILLES, Ky. (LEX 18) – Hemp History Week has come to an end, but the product is anything but history in Kentucky. The 2018 Farm Bill passage took hemp off the list of controlled substances. Ever since then, the possibilities for the crop have become limitless. Kirstin Bohnert, a founder of...
14:00, 2019-06-10

The Middle Seat of the Near Future May Suck Less In the push to cram more seats into planes, it can seem a little bit like the Federal Aviation Administration has totally forgotten about the poor economy class passengers trying to make their way through the world on a budget. And as more and more airlines start charging you extra for prime seat se...
21:00, 2019-07-31

21 years ago, this was the smartphone of the future – and I just bought one It was 1998: a time when boy bands and GameBoy dominated popular culture. The Pokemon invasion was around the corner, renting VHS was still a thing, laptops were prohibitively expensive, and the Y2K bug was about to start sending satellites crashing down to earth. Times were simpler back then. We ha...
19:00, 2019-05-23

Is the future of vacations subscription based? We subscribe to streaming services and even grocery deliveries — but what about vacations? Package trips are more commonly associated with families — however one business has reinvented the model with a millennial twist and it's been described as the "Netflix of travel."...
20:51, 2019-07-19

It can be hard to predict the future. Why you should save anyway A lot of young people can't easily imagine where they're headed. Here's how to make sure you're prepared for a variety of outcomes....
21:17, 2019-07-02

Tatiana Calderon: Future F1 driver? Tatiana Calderon is a Formula One test driver for Alfa Romeo Sauber and is one of the biggest hopes for women in F1. Can she become a full-time driver?...
14:32, 2019-05-21

Crazy history of the 'Back to the Future' car The unpainted stainless steel body, the gull-wing doors, the rear-mounted engine. When John DeLorean set out to create his own sports car, he knew these features would set it apart from everything else....
22:17, 2019-05-21

Europeans vote, with EU future in balance Europeans vote on Sunday in an election expected to further dent traditional pro-EU parties and bolster the nationalist fringe in the European Parliament, putting a potential brake on collective action in economic and foreign policy....
07:17, 2019-05-26

The factors that will determine MLB’s European future LONDON — The stakes are high at this inaugural London Series. Well, to be more specific, they stand moderately high for the Yankees, higher for the Red Sox and highest of all for Major League Baseball. A couple of hours before the first European regular-season game kicked off Saturday at London Stad...
05:00, 2019-06-30

Dodgers call up future ace ‘Gingergaard’ The Los Angeles Dodgers reportedly called up their top pitching prospect on Wednesday, and he already has drawn comparisons to Noah Syndergaard. Dustin May — nicknamed “Gingergaard” due to his flowing red hair and high-octane, Syndergaard-like repertoire — will make his major league debu...
18:00, 2019-08-01

Team Katusha's future in doubt With the Tour de France in full swing, Team Katusha have informed their riders that they can look for new employers. With the team battling for survival, the staff's futures remain uncertain....
07:00, 2019-07-11

The future of youth football in Germany German football has an issue at youth level. Next week, a decision will be made on the reforms that could be suggested. There is an approach that could revolutionize the country's approach to youth football....
06:51, 2019-06-18

5G in Australia: getting up to speed with the future of mobile As the super-fast network is rolled out across the country, we look at how much it will cost, when you can get it and what it means for the NBN – and your healthAustralia’s mobile networks are currently embarking on major upgrades to get the country ready for 5G. While patches of 5G networks are alr...
18:17, 2019-07-31

10 future champions who were defeated on their pro debut Cuba's Robeisy Ramirez isn’t the first boxer to have to dust himself down and come again following a loss in his first pro fight The post 10 future champions who were defeated on their pro debut appeared first on Boxing News....
22:17, 2019-08-12

Beatrice Domond Is the Future of Skateboarding The 24-year-old skater from Florida is the only woman sponsored by the ultra-popular streetwear brand Supreme right now. She’s poised to shake up the sport with her inimitable style....
03:00, 2019-06-14

Focals by North Review: The future is (almost) here The concept of an IRL heads-up display has been a part of science fiction since basically the beginning. Big players have tried their hand at it with less than stellar results — most notably Google with Glass, and more recently Intel’s Vaunt. But North may have cracked the nut on smart glasses...
18:00, 2019-06-18

| SA Schools performances bode well for the future The development and progress showed by the players in the SA Schools and SA Schools A squads in the SA recent International Series bodes well for the future....
16:00, 2019-08-18

What is the future for Sir Philip Green? – podcast As Sir Philip Green’s retail empire faces the prospect of entering administration, putting 18,000 jobs at risk, the Guardian business reporter Sarah Butler discusses how we got here. Plus: Sadiq Khan responds to being called a loser by Donald TrumpIt has been a tumultuous few weeks for Sir Philip Gr...
06:17, 2019-06-05

Gold's Run Signals Worrying Future Gold has hit an almost six-year high after the Federal Reserve signaled that it was willing to lower interest rates. If rates continue to fall, expect further jumps in the yellow metal. But the moves portend some bad news....
23:00, 2019-06-20