July 27, 2018

BP pays $10.5 billion for BHP shale assets to beef up U.S. business

BP Plc has agreed to buy U.S. shale oil and gas assets from global miner BHP Billiton for $10.5 billion, expanding the British oil major’s footprint […]
July 27, 2018

China says still open to talks on scrapped Qualcomm-NXP takeover

China’s market regulator said it still hoped to find a solution to antitrust concerns that doomed Qualcomm Inc’s $44 billion takeover of NXP Semiconductors, after finding […]
July 27, 2018

Qualcomm CEO in the ring alone after U.S.-China spat kills deals

Qualcomm Inc Chief Executive Officer Steven Mollenkopf sought government help to block an acquisition of the U.S. chip maker on fears of China’s technological ascendance, only […]
July 27, 2018

Consumers, soybeans seen powering U.S. second-quarter growth

The U.S. economy likely grew at its fastest pace in four years in the second quarter as consumers boosted spending and farmers rushed shipments of soybeans […]
July 27, 2018

As Hyundai struggles, its labor union shows signs of softening

When workers at South Korea’s Hyundai Motor went on strike last year, the stoppage lasted 24 days, triggered months of negotiations and netted them their smallest […]
July 27, 2018

Asian shares post modest gains as trade fears keep investors cautious

Asian stocks struggled to gain traction on Friday, following a mixed Wall Street finish and as the worsening Sino-U.S. trade dispute kept investors in the region […]
July 26, 2018

Papa John’s founder sues pizza chain

John Schnatter, the founder and ousted former chairman of Papa John’s International Inc , on Thursday sued the pizzeria chain, complaining that the company had not […]
July 26, 2018

Starbucks reports cooling quarterly growth and pares outlook

Starbucks Corp forecast slower growth for the current fiscal year on Thursday as boutique coffee chains and fast-food retailers won business in the United States and […]
July 26, 2018

U.S. regulator stands by decision to block Winklevoss bitcoin ETF

The U.S. Securities and Exchange Commission on Thursday stood by a decision blocking an exchange-traded fund that would have tracked bitcoin, citing concerns about market manipulation. […]
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