Saudi Aramco markets IPO in Dubai after approaching Kuwait fund
DUBAI (Reuters) – Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying to secure demand from Kuwait’s sovereign wealth fund for the…
Japanese hotel group Unizo gets six new buyout offers
FILE PHOTO: The logo of Hotel Unizo, operated by Japanese hotel operator Unizo Holdings, is seen at the entrance of the hotel in Tokyo, Japan November 18, 2019. REUTERS/Junko Fujita/File…
Amazon to open store on China’s Pinduoduo marketplace on November 25: source
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, November 5, 2019. REUTERS/Pascal Rossignol/ SHANGHAI (Reuters) – Amazon.com Inc (AMZN.O) will open a…
France’s LVMH close to buying Tiffany after sweetening offer: sources
(Reuters) – LVMH (LVMH.PA) is close to buying U.S. jewelry chain Tiffany & Co (TIF.N) for about $16.3 billion after sweetening its offer, sources said on Sunday, as the owner…
Finnair cancels 276 flights as unions join solidarity strike
HELSINKI (Reuters) – Finland’s national airline Finnair (FIA1S.HE) said on Sunday it was forced to cancel 276 flights scheduled for Sunday and Monday after attempts to settle a labor dispute…
Novartis to buy U.S. biotech The Medicines Co. for $9.7 billion
ZURICH (Reuters) – Novartis AG (NOVN.S) is buying U.S. biotechnology company The Medicines Co (MDCO.O) for about $9.7 billion, the Swiss drugmaker said on Sunday, as it seeks to expand…
SoftBank to go ahead with WeWork stock tender offer this week
NEW YORK/BANGALORE (Reuters) – SoftBank Group Corp (9984.T) will this week launch a previously agreed tender offer for as much as $3 billion of WeWork shares, including up to $970…
Wall Street Week Ahead: Conditions may be set for Santa Claus rally
NEW YORK (Reuters) – (This November 22 story has been refiled to add dropped word in paragraph 12.) A year after the U.S. stock market plunged, many investors believe conditions…
No ‘phase two’ U.S.-China deal on the horizon, officials say
WASHINGTON (Reuters) – An ambitious “phase two” trade deal between the United States and China is looking less likely as the two countries struggle to strike a preliminary “phase one”…
HP reiterates its rejection of Xerox’s offer to buy the company
FILE PHOTO: The company logo for Xerox is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan…