August 20, 2019

Inverted what? Searches for obscure financial term spike on Google

Searches on Google for “inverted yield curve” have spiked after the unusual bond market phenomenon presented itself last week for the first time in over 12 […]
August 20, 2019

Elanco to become No.2 in animal health with $7.6 billion Bayer deal

Elanco Animal Health agreed to buy Bayer’s veterinary drugs unit on Tuesday in a cash and stock deal valued at $7.6 billion, creating the second largest […]
August 20, 2019

Kohl’s quarterly profit beat lifts shares even as sales dip

Department store operator Kohl’s Corp reported better-than-expected quarterly profit and revenue on Tuesday and said it expects to benefit from newer partnerships and the expansion of […]
August 20, 2019

Stocks futures subdued after strong rebound on stimulus hopes

U.S. stock index futures treaded water on Tuesday as investors paused after a three-day run that was driven by hopes that major economies would act to […]
August 20, 2019

Huawei founder details ‘battle mode’ reform plan to beat U.S. crisis

China’s Huawei will spend more on production equipment this year to ensure supply continuity, cut redundant roles and demote inefficient managers as its grapples with a […]
August 20, 2019

Asia shares edge up as stimulus hopes temper recession worries

Asian shares rose on Tuesday as hopes for stimulus in major economies tempered anxiety about a global recession, boosting riskier assets and drawing money from safe-havens […]
August 20, 2019

Exclusive: WhatsApp in talks to launch mobile payments in Indonesia – sources

Facebook Inc’s messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile transaction services, in a bid to tap the […]
August 20, 2019

Lufthansa will hold its ground in short-haul price war: CEO

German carrier Lufthansa will continue to fight for market share in the hotly contested market for short-haul flights, where it is determined to compete with budget […]
August 20, 2019

UBS names new CEO for European Union operations

UBS on Tuesday announced the appointment of Christine Novakovic as the chief executive officer of the Swiss Bank’s European Union operations. Powered by WPeMatico
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