Non-Saudi buyers got 23% of Aramco IPO institutional tranche: Al Arabiya TV
Non-Saudi investors were allocated 23% of the institutional tranche of Saudi Aramco’s initial public offering (IPO), an executive at one of the lead banks on...
Russian car maker Avtovaz buys out GM from joint venture
Russia’s biggest automaker Avtovaz said on Monday it would buy out General Motors from their joint venture producing vehicles in Russia under the Chevrolet brand....
Just Eat heated up by $6.5 billion Prosus bid, in challenge to Takeaway
Prosus raised its unsolicited cash offer for British food delivery service Just Eat to $6.5 billion on Monday, ratcheting up the pressure on rival bidder...
Swedbank revamps management after money laundering probe
Swedbank said on Monday its chief risk officer was leaving as the Swedish bank’s new CEO revamps its structure to regain customer trust after a...
Trial begins in U.S. states’ effort to block T-Mobile/Sprint deal
U.S. state attorneys general, led by New York and California, deliver opening arguments Monday in a bid to stop T-Mobile U.S. from buying Sprint Corp...
Stocks stutter as attention turns to trade deadline, central bank meetings
European stocks fell on Monday as worries about a Chinese economic slowdown and the U.S.-China trade war outweighed Friday’s strong U.S. jobs data, in a...
France’s Sanofi to buy biotech firm Synthorx for $2.5 billion
Sanofi said on Monday it had agreed to buy California-headquartered biotechnology firm Synthorx in a cash deal worth about $2.5 billion aimed at beefing up...
Oil prices slip as weak China exports highlight trade war impact
Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about...
Asian shares buoyed by strong U.S. job data, China worry caps gains
Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data, although regional gains were capped by concerns...
France’s Sanofi to buy Synthorx for $2.5 billion
France’s Sanofi said on Monday it had agreed to buy Synthorx in a cash deal worth around $2.5 billion as it seeks to beef up...