April 8, 2019

Oil hits five-month high as Libyan output threatened

Oil prices rose to a five-month high on Monday, driven by expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and U.S. […]
April 8, 2019

Boeing’s 737 production cut hits its shares and those of suppliers

Shares of Boeing Co fell 5 percent on Monday after the company said it would cut production of its 737 MAX aircraft, as it struggles with […]
April 8, 2019

Wall Street stalls on Boeing slide, earnings jitters

U.S. stocks headed lower on Monday, following the S&P 500’s seven-day winning streak, as Boeing’s shares took a hit and investors braced for what could be […]
April 8, 2019

London judge discharges jury in landmark Barclays Qatar case

A London jury has been discharged in a landmark fraud trial of four former Barclays executives accused of paying Qatar undisclosed fees to help rescue the […]
April 8, 2019

Merck KGaA wins Versum’s support for sweetened $6.5 billion offer

Merck KGaA won the support of Versum Materials Inc’s board with a sweetened $6.5 billion takeover proposal, topping an agreed merger with rival Entegris. Powered by […]
April 8, 2019

SoftBank-backed Grab seeks another $2 billion funding in expansion drive

Grab is looking to raise another $2 billion this year to ramp up expansion, its CEO Anthony Tan told Reuters, only weeks after announcing more than […]
April 8, 2019

Exclusive: Mexico’s Walmart pressures suppliers on pricing, forcing some to ditch Amazon

Walmart’s Mexico unit has penalized food companies supplying groceries to rival Amazon, pressure that has forced some to pull their products from the world’s largest online […]
April 8, 2019

Pinterest sets IPO price range between $15-$17 per share

Image sharing website Pinterest Inc set a price range of $15 to $17 per share for its initial public offering of 75 million shares, as per […]
April 8, 2019

Boeing’s 737 production cut hits suppliers’ shares

Boeing’s decision to cut the production of its 737 aircraft hit the shares of its suppliers on Monday while its European rival Airbus rose. Powered by […]
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