Fosun Tourism to buy intellectual property assets of Thomas Cook
Fosun Tourism Group on Friday said it will acquire the intellectual property assets of Thomas Cook Group Plc for 11 million pounds ($14.25 million)....
Aramco meets investors in last-minute bid to hit $2 trillion IPO target: sources
Saudi Aramco officials and advisers are holding last-minute meetings with investors in an attempt to achieve as close to a $2 trillion valuation as possible...
U.S. insurer AIG’s third-quarter profit misses estimates
American International Group Inc missed analysts’ estimates for third-quarter profit on Friday due to weakness in the insurer’s life and retirement unit and a difficult...
Not just the MAX: planemakers face slump in demand for wide-body jets
Orders for long-distance wide-body jets are on track to fall this year by the most since the throes of the 2008 financial crisis, fuelling concerns...
White House will look ‘very carefully’ at Peugeot, Fiat Chrysler deal: Kudlow
President Donald Trump’s administration will look very closely at the planned merger between Fiat Chrysler and Peugeot owner PSA , White House economic adviser Larry...
U.S. construction spending beats expectations on homebuilding
U.S. construction spending increased more than expected in September as investment in homebuilding rose its highest level in nine months....
Fed’s Clarida says the U.S. economy is in good place after rate cuts
The three rate cuts passed by the Federal Reserve this year leave the U.S. economy better armed to withstand the risks of a global slowdown,...
With U.S. hiring robust, Fed’s rate pause gets buy-in
A show of strength in the labor market is giving traders a bit more confidence that the Federal Reserve will keep borrowing costs where they...
AbbVie says multiple parties vying for assets related to Allergan deal approval
AbbVie Inc said on Friday it was in talks with several parties interested in buying the two assets it intends to divest for the completion...
Softbank Group says to book $2.56 billion second-quarter gain on Alibaba stake
SoftBank Group Corp said on Friday it would book a 277 billion yen ($2.56 billion) gain in the second quarter after portfolio company Alibaba Group...