Consumer groups, unions oppose fix for planned merger of AbbVie and Allergan
A group of unions and consumer groups wrote to U.S. antitrust enforcers on Tuesday to oppose a proposed remedy that could lead to U.S. approval...
Virgin Galactic’s stock soars, fueled by retail investors
Virgin Galactic Holdings Inc shares surged 24% on Tuesday, extending a rally since early December to over 400% and evoking a warning from an analyst...
Oil dips on virus impact, OPEC+ delay
Oil prices edged lower on Tuesday, pressured by concerns over the impact on crude demand from the coronavirus outbreak in China and a lack of...
Alstom, Bombardier shares fall after $6.7 billion rail deal
Shares of Alstom SA and Montreal-based Bombardier Inc fell on Tuesday after the French firm agreed to buy its Canadian rival’s rail division for up...
Trump blasts proposed restrictions on selling U.S. jet parts to China
U.S. President Donald Trump on Tuesday blasted proposals that could restrict U.S. companies’ ability to supply jet engines and other components to China’s aviation industry...
Stocks slide on Apple’s virus warning, euro near three-year low
Oil prices tumbled and global equity markets slid on Tuesday after Apple Inc said it was unlikely to meet its sales guidance because of the...
Jaguar Land Rover’s UK output at risk from coronavirus-hit supplies
Jaguar Land Rover (JLR) has flown Chinese parts in suitcases to Britain to maintain production and could run out after two weeks as the impact...
Hedge funds use DIY strategies to gauge coronavirus impact
As investors crunch numbers to determine how the coronavirus will hit China’s economy, hedge fund manager Nathaniel Polachek has tied much of his outlook to the...
Oil falls nearly 1% on virus impact, OPEC+ delay
Oil prices fell almost 1% on Tuesday, pressured by concerns over the impact on crude demand from the coronavirus outbreak in China and a lack...
Dell to sell cybersecurity unit for $2.08 billion
Dell Technologies Inc said on Tuesday it would sell its cybersecurity unit RSA for $2.08 billion to a consortium led by Symphony Technology Group, Ontario...