December 9, 2019

Saudi Aramco IPO proceeds rise to $29.4 billion after option exercised: TV

The proceeds from Saudi Aramco’s record initial public offering have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, […]
December 9, 2019

Just Eat heated up by $6.5 billion Prosus bid, in challenge to Takeaway

Prosus raised its unsolicited cash offer for British food delivery service Just Eat to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway […]
December 9, 2019

Russian car maker Avtovaz buys out GM from joint venture

Russia’s biggest automaker Avtovaz said on Monday it would buy out General Motors from their joint venture producing vehicles in Russia under the Chevrolet brand. Powered […]
December 9, 2019

Swedbank revamps management after money laundering probe

Swedbank said on Monday its chief risk officer was leaving as the Swedish bank’s new CEO revamps its structure to regain customer trust after a money […]
December 9, 2019

Trial begins in U.S. states’ effort to block T-Mobile/Sprint deal

U.S. state attorneys general, led by New York and California, deliver opening arguments Monday in a bid to stop T-Mobile U.S. from buying Sprint Corp in […]
December 9, 2019

France’s Sanofi to buy biotech firm Synthorx for $2.5 billion

Sanofi said on Monday it had agreed to buy California-headquartered biotechnology firm Synthorx in a cash deal worth about $2.5 billion aimed at beefing up the […]
December 9, 2019

Oil prices slip as weak China exports highlight trade war impact

Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage […]
December 9, 2019

Asian shares buoyed by strong U.S. job data, China worry caps gains

Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data, although regional gains were capped by concerns about […]
December 9, 2019

Oil prices slip as weak China exports highlights trade war impact

Oil prices fell on Monday after data showing China’s overall exports of goods and services shrank for a fourth straight month, sending shivers through a market […]
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