June 3, 2019

Bonds ‘on fire’ as flight to safety gathers momentum

A stampede to safety sent benchmark government bond yields tumbling on Monday, hoisted the Swiss franc to its highest in nearly two years, gold to a […]
June 3, 2019

Glencore’s head of oil, Alex Beard, retires amid U.S. probes

Glencore’s head of oil, Alex Beard, who helped make the firm one of the world’s top three oil trading houses, will retire this month, the company […]
June 3, 2019

Exclusive: Nissan optimistic about FCA partnership, but wants right terms, source says

Nissan Motor Co is optimistic about partnering with a combined Renault and Fiat Chrysler (FCA), as long as it can protect the ownership of technology developed […]
June 3, 2019

Oil prices edge higher as Saudi reassurances stem declines

Oil prices edged higher on Monday after reassurances from top oil exporter Saudi Arabia offered some respite from last week’s heavy losses as deepening U.S. trade […]
June 3, 2019

Danske Bank to sell Estonian private loans unit to LHV in $458 million deal

Danske Bank, which has been embroiled in a major money laundering scandal, has agreed to sell its portfolio of Estonian private loans to LHV Pank in […]
June 3, 2019

Infineon to buy Cypress Semiconductors in 9 billion euros deal

Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. chipmaker at 9 billion euros ($10.06 billion), including debt, the German company said […]
June 3, 2019

Reeling from tariff threat, Mexico begins immigration talks in Washington

Fighting to stave off punitive tariffs announced by U.S. President Donald Trump, a senior Mexican delegation was set to begin high level talks on Monday in […]
June 3, 2019

China’s Huawei to sell undersea cable business, buyer’s exchange filing shows

Huawei Technologies Co Ltd plans to sell its undersea telecom cable business, showed a buyer’s filing on Monday, in its first major asset sale since the […]
June 3, 2019

Germany’s Infineon close to acquire Cypress Semiconductor: Bloomberg

German chipmaker Infineon Technologies AG is nearing a deal to buy Cypress Semiconductor Corp, valuing the U.S. chipmaker at almost $10 billion, Bloomberg reported https://www.bloomberg.com/news/articles/2019-06-03/infineon-is-said-to-near-deal-to-acquire-cypress-semiconductor on Sunday. […]
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