Global equity markets traded flat on Monday as investors hoped officials would delay more U.S. tariffs set to take effect on Chinese goods this coming Sunday, while gold held firm as investors hedged against a possible escalation in the trade war.
Mexican President Andres Manuel Lopez Obrador on Monday urged U.S. House Speaker Nancy Pelosi to decide on ratification of a North American trade pact, even as Mexican business groups fretted that proposed changes were weakening the deal.
New York-based Morgan Stanley had 60,532 employees as of September 30.
ViacomCBS is planning to sell the CBS headquarters in New York, known as Black Rock, as it seeks to cut costs from the combined company, Chief Executive Officer Bob Bakish told reporters Monday.
German automaker Volkswagen AG on Monday was charged with importing nearly 128,000 vehicles into Canada contravening the country's environmental legislation, a Canadian government agency said.
Morgan Stanley is cutting about 2% of its workforce due to an uncertain global economic outlook, CNBC reported on Monday citing people familiar with the matter.
U.S. stocks pulled back on Monday from near record levels, dragged lower by healthcare and technology shares, as investors braced for a busy week of political and economic news including a potential turning point in the U.S.-China trade dispute.
Private equity firm Tiger Global Management has cut its valuation of e-cigaratte maker Juul Labs Inc by half to $19 billion, the Wall Street Journal reported on Monday.
Brazil's record-low interest rates and exchange rate threaten to accelerate Amazon deforestation, which has already risen sharply under Brazil's farm-friendly President Jair Bolsonaro, economists tell Reuters.
Wall Street's main indexes fell in afternoon trading on Monday, with investors keeping a close watch on U.S.-China trade relations as planned tariffs on Chinese imports kick in on Dec. 15.
Robin Ford | NCFA Advisor, Regulation and Governance | December 9, 2019 When hearing the phrase “principles for businesses” most of us working in the financial services sector will think first of the high level requirements and high level expectations imposed on financial services businesses by regulators. They really matter – partly because they are
Global equity markets advanced on Monday as stocks on Wall Street held near record highs on hopes U.S.-Sino talks delay a U.S. tariff deadline this coming Sunday, while gold rose as investors hedged against a possible escalation in the trade war.
Prosus raised its unsolicited cash offer for British food delivery service Just Eat to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway in their bitter takeover battle.
"In the end, there is only one planet, and we all want to live on it," says Coca-Cola chief James Quincey.
Witness testimony began Monday over an effort by U.S. state attorneys general to stop T-Mobile U.S. from buying Sprint Corp , in a case that highlights disagreements between federal antitrust enforcers, who are Republican, and Democrats in powerful states.