September 3, 2019

Just Eat shareholder Eminence Capital to vote against Takeaway.com merger

A top-10 investor in Just Eat said on Tuesday it would vote against the British food delivery company’s proposed 9 billion pound ($11 billion) merger with […]
September 3, 2019

Roche, Spark again extend $4.3 billion takeover offer

Roche Holding and Spark Therapeutics announced on Tuesday another extension of the Swiss drugmaker’s $4.3 billion takeover offer for the U.S. gene therapy specialist as regulatory […]
September 3, 2019

China’s Xiaomi boosts shares with $1.5 billion buyback plan

Chinese smartphone maker Xiaomi Corp said on Tuesday it will buy back up to HK$12 billion ($1.53 billion) worth of stock in its biggest equity repurchase, […]
September 3, 2019

Trade war dents Chinese company profits, portfolio inflows

Some Chinese business sectors reported solid first half earnings, though a substantial fall in industrial profits and in tepid overseas investment inflows into China’s stock markets […]
September 3, 2019

Asia stocks dented by trade war, Brexit showdown paralyzes pound

Global stocks faced headwinds on Tuesday, stymied by U.S.-China trade frictions while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated […]
September 3, 2019

Papua New Guinea to investigate terms of UBS loan

Papua New Guinea will start preliminary hearings on Sept. 19 into the terms of a A$1.2 billion ($810.5 million) loan from Swiss bank UBS used for […]
September 3, 2019

Stocks hurt by trade war, pound hit by no-deal Brexit fears

Global stocks were hit by U.S.-China trade frictions on Tuesday while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he […]
September 2, 2019

Walmart’s Mexico unit springs into same-day delivery, taking on Amazon

Walmart Inc’s Mexico unit has begun offering delivery within three hours for certain home and tech products ordered online, it said on Monday, taking another step […]
September 2, 2019

World Bank tribunal lowers ConocoPhillips award for Venezuela expropriation: document

A World Bank arbitration panel lowered an initial $8.7 billion award to U.S. oil company ConocoPhillips as compensation for Venezuela’s 2007 expropriation of its assets to […]
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