LVMH confirms talks over possible acquisition of jeweler Tiffany
France’s LVMH on Monday confirmed it had approached U.S. jeweler Tiffany & Co over a possible acquisition, in what would be the Louis Vuitton owner’s...
Exclusive: Thai Siam Cement’s packaging unit set for $1 billion IPO – sources
Thailand’s Siam Cement Pcl’s (SCG) packaging subsidiary is planning a local listing, in a float that is set to raise about $1 billion, two sources...
Small oil-and-gas companies get cold shoulder from large banks
The largest banking lenders to the oil and gas sector are becoming more cautious, marking down their expectations for oil and gas prices that underpin...
Oil drops after data shows industrial profits decline in China
After strong gains last week, oil prices were slightly lower on Monday as data released in China reinforced signs that its economy is slowing, though...
Asian shares rise to three-month highs, dollar waits for Fed
Asian shares extended gains on Monday to hit a three-month high as risk assets got a fillip from hopes of a U.S.-China trade deal as...
Oil holds steady as Russia reaffirms commitment to output cuts
Oil prices were steady on Monday, holding on to strong gains last week, after Russia affirmed its commitment to a deal with OPEC producers to...
Asian shares edge up to 3-month high, dollar marks time before Fed
Asian shares rose on Monday to a three-month high as risk assets got a fillip from hopes of a U.S.-China trade deal as soon as...
Prologis to buy warehouse rival Liberty in $12.6 billion deal
Warehouse giant Prologis Inc said on Sunday it had agreed to acquire rival industrial real-estate business Liberty Property Trust in a $12.6 billion deal to...
Prologis agrees to $12.6 billion all-stock deal to buy Liberty Property Trust
Logistics company Prologis Inc said on Sunday it had agreed to acquire commercial real estate firm Liberty Property Trust in an all-stock deal valued at...
U.S. lawmakers will press Boeing CEO for answers on 737 MAX crashes
The head of a U.S. Senate panel reviewing two catastrophic Boeing 737 MAX crashes told Reuters ahead of hearings this week that the plane would...