CBS sues controlling shareholder Redstone to stop Viacom merger plan
(Reuters) – CBS Corp on Monday filed a lawsuit to stop controlling shareholder Shari Redstone continuing with her plan to merge it with Viacom Inc , saying such a deal…
CBS sues Redstones firm over Viacom merger
(Reuters) – CBS Corp (CBS.N) on Monday asked a court to block controlling shareholder Shari Redstone from interfering at a special meeting of its board called to consider a merger…
Stock futures rise as U.S.-China trade tensions ease
(Reuters) – U.S. stock index futures rose on Monday on signs of easing trade tensions between the world’s two largest economies after President Donald Trump pledged to help China’s ZTE…
China says will work with U.S. for positive outcome in trade talks
BEIJING (Reuters) – China said on Monday it is willing to work with the United States for a positive outcome in trade negotiations this week. Chinese Vice Premier Liu He…
Credit raters put pressure on Deutsche Bank over new strategy
FRANKFURT (Reuters) – Deutsche Bank’s (DBKGn.DE) new chief executive Christian Sewing needs to come up with a convincing strategy swiftly to stave off the threat of costly credit downgrades, the…
Japan Airlines to set up low-cost carrier, targeting Asian demand
TOKYO (Reuters) – Japan Airlines Co Ltd (JAL) (9201.T) is launching a low-cost carrier offering medium to long-haul flights, aiming to tap growing Asian demand for budget air travel. FILE…
Oil cautious on rise in U.S. drilling, Iran sanctions opposition
SINGAPORE (Reuters) – Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased output, while resistance emerged in Europe and Asia to U.S.…
Xerox says ending Fujifilm deal, settles with Icahn, Deason
NEW YORK (Reuters) – Xerox Corp (XRX.N) said on Sunday it was ending its planned deal with Fujifilm Holdings Corp (4901.T) and had reached a settlement with investors Carl Icahn…
In concession, Trump will help China’s ZTE ‘get back into business’
WASHINGTON (Reuters) – U.S. President Donald Trump pledged on Sunday to help Chinese technology company ZTE Corp “get back into business, fast” after a U.S. ban crippled the company, offering…
In concession, Trump says will help China’s ZTE ‘get back into business’
WASHINGTON (Reuters) – U.S. President Donald Trump said in a tweet on Sunday that he has asked the Commerce Department to help Chinese technology company ZTE Corp “get back into…