June 23, 2019

Eldorado Resorts clinches $18 billion cash and stock deal for Caesars: sources

U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a cash and stock deal that values its peer at about […]
June 23, 2019

U.S. arms makers see booming European demand as threats multiply

U.S. arms makers say European demand for fighter jets, missile defenses and other weapons is growing fast amid heightened concerns about Russia and Iran. Powered by […]
June 23, 2019

Daimler warns on 2019 profit outlook as diesel issues bite

Daimler cut its 2019 earnings outlook on Sunday after lifting provisions for issues related to its diesel vehicles by hundreds of millions of euros. Powered by […]
June 23, 2019

U.S. explores requiring domestic 5G equipment to be made outside China: WSJ

U.S. President Donald Trump is looking to require next-generation 5G cellular equipment used in the United States to be designed and manufactured outside China, the Wall […]
June 23, 2019

FedEx misses delivery of Huawei package to U.S.; China paper says retaliation threatened

FedEx Corp said on Sunday an operational error prevented a Huawei Technologies package from being delivered to the United States, just weeks after the U.S. delivery […]
June 23, 2019

Daimler trims profit expectations on diesel issues

Daimler has increased provisions for issues related to diesel vehicles, the company said on Sunday, dimming the prospects for the carmaker’s second-quarter earnings. Powered by WPeMatico
June 23, 2019

Germany’s Metro says $6.6 billion bid undervalues company

Metro said that an unsolicited offer by two prominent investors to take over the German retailer substantially undervalues it and advised shareholders on Sunday to hold […]
June 23, 2019

FedEx, in another error, misses delivery of Huawei package to U.S.

FedEx Corp said on Sunday an operational error prevented a Huawei Technologies package from being delivered to the United States, just weeks after the U.S. delivery […]
June 23, 2019

Illiquid assets held by Woodford’s UK fund pose hurdle to reopening

Trading in Neil Woodford’s 3.7 billion pound ($4.69 billion) Equity Income Fund may not be reopened swiftly after it was suspended on June 3 because of […]
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