July 11, 2018

Chipmaker Broadcom nears $19 billion deal to buy software company CA: sources

Broadcom Ltd is nearing a roughly $19 billion deal to acquire business software company CA Inc, as it seeks to diversify its technology offerings beyond semiconductors, […]
July 11, 2018

Exclusive: Airbus faces A330 delivery delays amid HNA Group woes – sources

Airbus faces a logjam of undelivered A330 jets worth well over $1 billion for airlines affiliated to China’s debt-laden HNA Group following a stand-off over late […]
July 11, 2018

Exclusive: U.S. clears hurdle to lifting ban on China’s ZTE

The U.S. signed an agreement with ZTE Corp that paves the way for the Chinese tech company to resume operations after a nearly three-month old ban […]
July 11, 2018

Trade worries threaten Wall Street’s four-day winning streak

U.S. stocks fell on Wednesday and looked set to snap their four-day winning streak after Washington’s threat to impose tariffs on an additional $200 billion worth […]
July 11, 2018

Dollar jumps as market focuses on strong data over trade tension

The U.S. dollar rose on Wednesday as the market put aside trade tension fears and focused on expectation-beating inflation report, which increased prospects that the Federal […]
July 11, 2018

Pfizer separates consumer health unit in business rejig

Pfizer Inc announced plans on Wednesday to reorganize into three units, separating its consumer healthcare business that the U.S. drugmaker has been trying to sell since […]
July 11, 2018

Canada’s Tim Hortons to enter China as it battles slump at home

Fast-food company Restaurant Brands International said on Wednesday it plans to open 1,500 outlets of its Canadian coffee-and-donut chain Tim Hortons in China over the next […]
July 11, 2018

U.S. producer inflation rises on strong services gains

U.S. producer prices increased more than expected in June amid gains in the cost of services and motor vehicles, leading to the biggest annual increase in […]
July 11, 2018

Oil plunges on Libya reopening ports, trade tensions

Oil futures plunged on Wednesday as the market remained fixed on supplies resuming from Libya and rising trade tensions between the U.S. and China. Powered by […]
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