AXA expects to book $3.1 billion gain from EQH exit
French insurer AXA said it expected to book net proceeds of $3.1 billion from the sale of a 29% stake in AXA Equitable Holdings (EQH)...
Alibaba hires more banks on up to $15 billion listing – sources
Alibaba has extended its investment banking syndicate as it works towards a $10 billion to $15 billion listing in Hong Kong at the end of...
EU heavyweight states push for joint supervisor against money laundering
The European Union’s largest states are pushing for the establishment of a new supervisory authority that would take over from states the oversight of money...
WeWork data shows growth still doubling
WeWork owner The We Company disclosed data on Friday that showed expansion of its office-sharing business was almost doubling in size from a large pipeline...
S&P 500 posts fifth week of gains as Wall St. hits records
The three major U.S. stock indexes posted record closing highs and the S&P 500 registered a fifth straight week of gains on Friday as investors...
Southwest and American pull 737 MAX until early March, nearly a year after grounding
Southwest Airlines and American Airlines Group Inc said on Friday they are extending Boeing 737 MAX cancellations until early March, just shy of the one-year...
Amazon long-time executive Steve Kessel to step down
E-commerce giant Amazon.com Inc’s long-serving executive Steve Kessel will leave the company after 20 years, a company spokesperson told Reuters on Friday....
General Dynamics wins $732 million U.S. defense contract: Pentagon
General Dynamics Corp has been awarded a $732 million U.S. defense contract for sustainment of the Mobile User Objective System ground system, a narrowband military...
S&P 500 hits record high on trade hopes
The S&P 500 hit a record closing high on Friday as investors brushed aside doubts about the progress of trade talks between the United States...
Southwest pulls Boeing Max jets until March, nearly a year after grounding
Southwest Airlines said on Friday it is extending Boeing 737 MAX cancellations until March 6, 2020, just shy of the one-year anniversary of an Ethiopian...