Global stocks stumble toward two-month lows as U.S. data looms
Global stocks slipped toward a recent two-month low on Tuesday, as U.S.-China trade tensions drove investors to the relative shelter of gold, the Japanese yen...
Marvel superheroes power up Lego’s sales
Models of superheroes and villains from Marvel’s “Avengers” movies helped lift first-half sales at Lego, as the Danish toymaker continued its turnaround drive with investments...
Just Eat shareholder Eminence Capital to vote against Takeaway.com merger
A top-10 investor in Just Eat said on Tuesday it would vote against the British food delivery company’s proposed 9 billion pound ($11 billion) merger...
China’s Xiaomi plans $1.5 billion buyback to arrest stock tumble
Chinese smartphone maker Xiaomi Corp announced a HK$12 billion ($1.53 billion) share buyback plan on Tuesday, in a reversal of its cash-management strategy that is...
Roche, Spark again extend $4.3 billion takeover offer
Roche Holding and Spark Therapeutics announced on Tuesday another extension of the Swiss drugmaker’s $4.3 billion takeover offer for the U.S. gene therapy specialist as...
Swiss bank Pictet boosts assets under management, first half profit slips
Group assets under custody or management at Swiss private bank and asset manager Pictet rose nearly 10% in the first half versus the end of...
Papua New Guinea to investigate terms of UBS loan
Papua New Guinea will start preliminary hearings on Sept. 19 into the terms of a A$1.2 billion ($810.5 million) loan from Swiss bank UBS used...
Walmart’s Mexico unit springs into same-day delivery, taking on Amazon
Walmart Inc’s Mexico unit has begun offering delivery within three hours for certain home and tech products ordered online, it said on Monday, taking another...
World Bank tribunal lowers ConocoPhillips award for Venezuela expropriation: document
A World Bank arbitration panel lowered an initial $8.7 billion award to U.S. oil company ConocoPhillips as compensation for Venezuela’s 2007 expropriation of its assets...
Argentine peso, bonds whiplashed after capital controls imposed
Argentine bond prices fell to record lows on Monday and a jittery peso see-sawed between losses and gains after the country imposed capital controls on...