Tiger Global cuts Juul’s valuation by half to $19 billion: WSJ
Private equity firm Tiger Global Management has cut its valuation of e-cigaratte maker Juul Labs Inc by half to $19 billion, the Wall Street Journal...
Reinvesting Aramco IPO money will aid government revenues: minister
Saudi Arabia’s finance minister on Monday said that reinvesting money from the initial public offering (IPO) of oil group Saudi Aramco would help to create...
Amazon lawsuit blames Trump for loss of Pentagon cloud contract
Amazon.com Inc on Monday accused U.S. President Donald Trump of exerting “improper pressure” and bias that led the Department of Defense to award a lucrative...
Canada to present fiscal update before Christmas: finance minister
Canada’s new minority Liberal government will present a fiscal update before the Christmas break, although no date has been set, Finance Minister Bill Morneau said...
Wall Street treads water with tariff deadline in focus
Wall Street’s main indexes treaded water on Monday, with investors keeping a close watch on headlines around U.S.-China trade as planned tariffs on Chinese imports...
Walmart Chile pulls court requests for police protection, but warns looting continues
Walmart in Chile on Monday pulled requests it filed earlier with Chilean courts demanding police protection for its supermarkets, but said looting of its stores...
U.S. consumer inflation expectations rebound from five-year low: NY Fed
U.S. consumers’ inflation expectations rose slightly in November, bringing the outlook for near and medium-term inflation up from a five-year low in a New York...
S&P 500, Nasdaq edge higher; tariff deadline in focus
The S&P 500 and Nasdaq indexes edged higher on Monday, with investors keeping a close watch on headlines around U.S.-China trade as planned tariffs on...
Xerox expects revenue growth of up to $1.5 billion with HP takeover
Xerox Holdings Corp expects its proposed acquisition of personal computer company HP Inc to result in sales growth of as much as $1.5 billion for...
Exclusive: Hyundai’s $1.8 billion shipbuilding deal with Daewoo faces full EU probe – sources
World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s $1.8 billion merger with rival shipbuilder Daewoo will face a full-scale investigation in Europe...