News / TechnologiesOctober 25, 2017

T-Mobile, Sprint ready board committees to decide on merger: sources

  (Reuters) - T-Mobile US Inc. (TMUS.O) and Sprint Corp (SN) are laying the foundation for special committees of their board of directors to decide on the merger of the third and fourth largest wireless operators [...]
News / BusinessSeptember 1, 2017

Asia tracks Wall St. higher, dollar advance slows before jobs data

    Asian equities followed Wall Street’s gains overnight and edged higher on Friday while the dollar’s advance slowed ahead of the U.S. jobs report due later in the session. Spreadbetters expected [...]
News / BusinessAugust 8, 2017

Deutsche Bank tumbles down private bank rankings

  Deutsche Bank dropped out of the world's top 15 private banks in 2016, a year marked by negative headlines for Germany's biggest lender, rankings by wealth management researcher Scorpio Partnership showed on [...]
News / BusinessAugust 8, 2017

Oil slides as output rises at Libya's largest oil field

  Oil prices fell as much as 2 percent on Monday on selling triggered by a rebound in production from Libya's largest oil field, along with worries about higher output from OPEC and the United States.   [...]
News / BusinessAugust 8, 2017

World stocks tick up to record high; oil slips

  A measure of equity markets across the world climbed to a record high on Monday, boosted by gains in Asia, while U.S. and European markets were little changed, with U.S. energy shares capping gains on the [...]
News / BusinessAugust 8, 2017

Asia stocks subdued as China trade disappoints

  Asian shares turned mixed on Tuesday as disappointing Chinese trade data clouded an otherwise bright outlook for global growth, leaving currencies and commodities becalmed in summer doldrums.   [...]
News / BusinessAugust 8, 2017

Worldpay granted second deadline extension for Vantiv deal

  British payments firms Worldpay said on Tuesday that the deadline for its long-awaited deal with U.S. suitor Vantiv has been pushed back by yet another four days as the two companies need more time to reach a [...]
News / BusinessAugust 8, 2017

Myth of opposition unity just a chimera: Omar Abdullah

  Myth of opposition unity just a chimera: Omar AbdullahFormer Jammu and Kashmir chief minister Omar Abdullah has hinted at the BJP returning to power in the 2019 general elections, saying the "myth” of opposition [...]
News / BusinessAugust 8, 2017

Walmart heirs win battle for cycling brand Rapha

Upmarket cycling clothes brand Rapha has been bought by the grandsons of Walmart founder Sam Walton. Steuart and Tom Walton and their firm RZC Investments will now own a controlling stake in the business. [...]
News / BusinessAugust 8, 2017

Tesla plans to raise $1.5bn to produce new Model 3

US electric car manufacturer Tesla plans to raise $1.5bn (£1.15bn) to fund production of its new Model 3 car. Tesla will raise the money by selling bonds to professional investors, despite the company having [...]