November 14, 2019

Alibaba’s Hong Kong listing offers valuable Beijing goodwill

Alibaba’s Hong Kong listing will not only land it $13.4 billion, it will also garner goodwill from Beijing to help the Chinese e-commerce giant weather the […]
November 14, 2019

Ford to start taking reservations for electric SUV next week

Ford Motor Co will start taking reservations for its electric sport utility vehicle, Mustang Mach-E, starting Nov. 17, when the U.S. automaker unveils the vehicle at […]
November 14, 2019

WPP says acquisitions back on agenda after Kantar sale

Advertising group WPP will consider making acquisitions to bolster its capabilities in faster growing segments such as technology and commerce after selling a majority stake in […]
November 14, 2019

Singapore fines UBS $8 million over deceptive bond trades

Singapore said on Thursday it had fined UBS S$11.2 million ($8 million) after investigations showed the Swiss bank deceived wealthy clients over prices for bonds and […]
November 14, 2019

Qatar Airways signs $4 billion CFM engine order

Qatar Airways has placed a $4 billion jet engine order with CFM International to power its 50 Airbus A321neos. Powered by WPeMatico
November 14, 2019

Danish prosecutor charges Danske Bank for overcharging customers

Danske Bank said on Thursday it has been preliminary charged by the Danish prosecutor for overcharging customers for an investment product. Powered by WPeMatico
November 14, 2019

SoftBank’s Yahoo Japan in merger talks with Line, shares jump

SoftBank’s Yahoo Japan is in talks to merge with messaging app operator Line Corp to create a $27 billion tech giant and help the Japanese conglomerate […]
November 14, 2019

Alibaba to pioneer paperless listing in break with Hong Kong norm

Alibaba’s planned $13.4 billion share sale will be Hong Kong’s first paperless stock market listing, a source with knowledge of the matter said, breaking with a […]
November 14, 2019

Oil gains on U.S. crude stocks fall, OPEC comments on slower U.S. shale growth

Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale production […]
November 14, 2019

Daimler seeks 1 billion euros in savings at Mercedes-Benz by cutting jobs

Tougher emissions rules will hit Daimler’s profits in 2020 and 2021, prompting the German carmaker to seek more than 1 billion euros ($1.1 billion) in savings […]