August 5, 2019

Elliott calls for break-up and bigger buyback at Germany’s Scout24

U.S. activist investor Elliott [ECAL.UL] has urged German classifieds group Scout24 to sell its car listings business and ramp up a share buyback program to boost […]
August 5, 2019

Take Five: Trade war whiplash and other market themes for the week ahead

It’s been a familiar pattern in the Sino-U.S. trade war since 2018. Combative tweets from Donald Trump, high-level talks between the two sides, a stalemate, more […]
August 5, 2019

Britain signs $425 million Typhoon engine contract with Rolls-Royce

Britain has signed a 350 million pound ($425 million) contract with Rolls-Royce to provide maintenance for the engines of Typhoon fighter jets. Powered by WPeMatico
August 5, 2019

Promotions and patriotism: ‘Battle Mode’ Huawei sees China smartphone sales surge

When 23-year-old Chinese student Aaron Huang started his hunt for an Android replacement for his Apple iPhone in April this year, it was clear which brand […]
August 5, 2019

Trade friction hits stocks, yuan slumps to lowest in over a decade

Global stocks fell for a sixth day on Monday as an escalation of trade tensions between the United States and China spooked markets and the yuan […]
August 5, 2019

HSBC axes CEO Flint after only 18 months in role to speed up growth

HSBC ousted Chief Executive Officer John Flint after just 18 months in that role, in a surprise move that the lender’s chairman said was necessary to […]
August 5, 2019

Elliott urges Scout24 to sell car listings arm, increase buyback

U.S. activist investor Elliott urged German classifieds group Scout24 on Monday to sell its car listings division and ramp up a share buyback program to boost […]
August 5, 2019

Murdoch’s Fox Corp to buy fintech Credible Labs in $397 million deal

U.S. broadcaster Fox Corp on Monday agreed to buy Credible Labs Inc in a deal valuing the online finance broker at $397 million, as the Murdoch-controlled […]
August 5, 2019

Asia stocks hit six-month low as investors flee to safety, yuan slumps

Asian shares suffered their steepest daily drop in nine months on Monday, as Sino-U.S. trade friction sent the yuan slumping to a more than decade trough […]
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