Pound, stocks slip as lawmakers reject Brexit law timetable
The pound weakened and stocks on world markets declined on Tuesday after British lawmakers rejected the government’s proposed timetable for passing legislation to ratify its...
Nike CEO Mark Parker to step down, John Donahoe to take over
Nike Inc’s long-time chief executive officer, Mark Parker, will step down next year and be replaced by John Donahoe, the CEO of cloud computing firm...
Pound, stocks slip; lawmakers reject Brexit law timetable
Stocks on world markets declined, with the S&P 500 turning lower, and the pound weakened on Tuesday after British lawmakers rejected the government’s proposed timetable...
Intel files antitrust case against SoftBank-backed firm over patent practices
Chipmaker Intel Corp has filed an antitrust lawsuit against a SoftBank Group Corp-owned investment company alleging the firm stockpiled patents to hold up technology companies...
U.S. business borrowing for equipment rises 18% in September: ELFA
U.S. companies’ borrowing to spend on capital investments rose 18% in September from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on...
Exclusive: Blackstone, CVC seek to take Paysafe public – sources
Private equity firms Blackstone Group Inc and CVC Capital Partners Ltd are seeking to hire underwriters for an initial public offering (IPO) of Paysafe Group...
Bank of Canada rate cut bets sink as investors eye post-election spending
Investors are ditching bets that the Bank of Canada will cut interest rates over the coming months as the domestic economy shows resilience and the...
Air New Zealand to launch non-stop Auckland to New York route in 2020
Air New Zealand Ltd said on Wednesday it will launch a non-stop flight service between Auckland and New York in October 2020, in a bid...
Fiat Chrysler to build new car battery hub in Turin
Fiat Chrysler will build a new battery assembly complex in its Mirafiori plant in Turin, with an initial investment of 50 million euros ($56 million),...
Spanish court to probe Russian tycoon’s bid for DIA supermarket chain: document
Spain’s High Court will investigate allegations that Russian tycoon Mikhail Fridman acted to depress the share price of DIA when trying to take control of...