January 14, 2019

Wall Street opens lower after Citi results, China trade data

U.S. stocks opened lower on Monday in broad-based declines after Citigroup posted an unexpected fall in revenue, adding to fears of a sharper slowdown in global […]
January 14, 2019

Citigroup reports surprise drop in quarterly revenue, shares fall

Citigroup Inc reported a surprise drop in quarterly revenue on Monday, as extreme volatility in financial markets toward the end of the year hurt its fixed-income […]
January 14, 2019

Newmont to become largest gold producer with $10 billion Goldcorp buy

Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc in a deal worth $10 billion, creating the world’s biggest gold producer in […]
January 14, 2019

PG&E prepares bankruptcy filing after California wildfires

PG&E Corp , owner of the biggest U.S. power utility by number of customers, said on Monday it is preparing to file for Chapter 11 bankruptcy […]
January 14, 2019

MNG Enterprises offers to buy USA Today publisher Gannett

Newspaper chain MNG Enterprises Inc said on Monday it had offered to buy USA Today publisher Gannett Co Inc for $12 per share in cash, or […]
January 14, 2019

PG&E prepares to file for Chapter 11 bankruptcy

PG&E Corp said on Monday it is preparing to file for Chapter 11 bankruptcy for all of its businesses, as the company faces pressure from potentially […]
January 14, 2019

Japan’s Okada asks Manila bourse to block listing of Universal’s unit

Pachinko tycoon Kazuo Okada has asked the Philippine Stock Exchange (PSE) to block the proposed listing of Universal Entertainment Corp’s domestic unit, saying the Japanese gaming […]
January 14, 2019

CapitaLand targets new growth markets with $4.4 billion Temasek real estate deal

Singapore’s CapitaLand is paying S$6 billion ($4.4 billion) to scoop up logistics and industrial assets from state investor Temasek, in a deal that the developer said […]
January 14, 2019

China car sales hit reverse for first time since 1990s

Car makers in China will face more fierce competition this year, after a tough 2018 when the world’s biggest auto market contracted for the first time […]
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