June 1, 2020

Zynga to buy Turkish mobile-game maker Peak for $1.8 billion

Zynga Inc said on Monday it has agreed to buy Turkish mobile-game maker Peak for $1.8 billion in a cash and stock transaction, in a deal […]
June 1, 2020

Oil steady as OPEC+ considers extension to output curbs

Oil prices were steady on Monday helped by reports that OPEC and Russia were closer to a deal on extending oil cuts but held back by […]
June 1, 2020

Walmart’s Flipkart to re-apply for food retail license in India

Walmart Inc’s Indian e-commerce unit Flipkart said on Monday it would re-apply for a food retail license in India after reports said its earlier proposal was […]
June 1, 2020

Wall Street and Fed fly blind as coronavirus upends annual stress tests

U.S. financial regulators, banks and their investors will get their first glimpse into the health of the nation’s banking system as it confronts soaring corporate and […]
June 1, 2020

Factbox: What’s new with the Fed’s 2020 bank stress tests?

The Federal Reserve’s bank stress tests will look significantly different in 2020, thanks to regulatory changes and the dramatic economic turmoil brought on by coronavirus pandemic. […]
June 1, 2020

Gilead trades that made millions on COVID-19 drug news raise eyebrows

Well-timed trades in Gilead Sciences Inc’s options ahead of good news on the biopharmaceutical company’s COVID-19 drug treatment may draw regulatory scrutiny, experts said. Powered by […]
June 1, 2020

Coty appoints Chairman Peter Harf as CEO

Cosmetics maker Coty Inc on Monday appointed its Chairman Peter Harf as the chief executive officer of the company, replacing Pierre Laubies, who stepped down after […]
June 1, 2020

Brazil’s Embraer loses $292 million as stoppages burn cash

Brazilian planemaker Embraer reported a $292 million first quarter loss on Monday due to a coronavirus crisis sales slump and the impact of a failed deal […]
June 1, 2020

Sign here first: U.S. salons, gyms, offices require coronavirus waivers

As U.S. businesses reopen after weeks of pandemic lockdowns, many have been posting coronavirus disclaimers or requiring employees and patrons to sign waivers before entering. Powered by […]
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