DP World returns to full state ownership, takes on $8.1 billion debt
DUBAI (Reuters) – Dubai is to take full control of port operator DP World (DPW.DI) in a deal with a…
SAP to return 1.5 billion euros to shareholders in 2020
FILE PHOTO: A man walks past a SAP logo during the company’s annual general meeting in Mannheim, Germany, May 15,…
Microsoft approves $40 billion share repurchase program
(Reuters) – Microsoft Corp (MSFT.O) said on Wednesday its board had approved a new share repurchase program of up to…
Warren Buffett defends Kraft, says Wells Fargo made ‘big mistakes’
OMAHA, Neb. (Reuters) – Warren Buffett on Saturday signaled his commitment to Kraft Heinz Co and defended his actions toward…
Marriott to open 1,700 hotels, return $11 billion to shareholders by 2021
(Reuters) – Marriott International Inc said on Monday it plans to open more than 1,700 hotels and return up to…
Sony stock jumps after first-ever share buyback announcement
TOKYO (Reuters) – Sony Corp announced its first-ever major share buyback on Friday, worth 100 billion yen ($910 million), helping…
Buffett’s Berkshire doubles profit, repurchases $900 million stock in third quarter
NEW YORK (Reuters) – Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating…
Investors to get their say after Musk scuttles Tesla buyout
(Reuters) – Investors on Monday will render their verdict on Tesla Inc Chief Executive Elon Musk’s decision to abandon a…
Apple breaches $1 trillion stock market valuation
SAN FRANCISCO (Reuters) – Apple Inc (AAPL.O) on Thursday became the first $1 trillion publicly listed U.S. company, crowning a…
Apple’s pricey iPhone X, subscriptions deliver earnings beat
(Reuters) – Apple Inc sales led by the pricey iPhone X pushed quarterly results far beyond Wall Street targets on…
Buffett’s Berkshire Hathaway loosens policy on stock buybacks
(Reuters) – Berkshire Hathaway Inc (BRKa.N) on Tuesday eliminated a restriction on its ability to buy back its own stock,…
SoftBank tightens grip on Yahoo Japan via $2 billion deal with Altaba
TOKYO (Reuters) – SoftBank Group (9984.T) is increasing its stake in Yahoo Japan (4689.T) through a $2 billion, three-way deal…
Sharp to buy Toshiba PC business, issue $1.8 billion in new shares
TOKYO (Reuters) – Japan’s Sharp Corp (6753.T) said it will buy Toshiba Corp’s (6502.T) personal computer business and issue $1.8…
Nestle to pay Starbucks $7.15 billion in global coffee alliance
LONDON/ZURICH (Reuters) – Swiss-based food giant Nestle will pay Starbucks $7.15 billion in cash for the rights to sell the…