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GE begins divestment of Baker Hughes with $2.7 billion share sale

General Electric Co (GE) on Wednesday said it plans to reduce its ownership in oil and gas company Baker Hughes A GE Co to 38.4% from 50.4% at June-end, and aims to raise $2.7 billion in the process.



4 years ago

Hong Kong exchange set to fall 3.3% after $39 billion takeover bid for LSE

Shares of Hong Kong Exchanges and Clearing Ltd (HKEX) were set to fall 3.3% on Thursday after the bourse unveiled a $39 billion takeover approach to the London Stock Exchange Plc (LSE) on Wednesday.



4 years ago

Cathay Pacific freezes new hiring, to focus on cost cuts: memo

Cathay Pacific Airways Ltd has put a freeze on new hiring, according to an internal memo seen by Reuters, as the airline battles a slump in demand from fliers avoiding Hong Kong amid massive anti-government protests in the city.



4 years ago

Asian stocks hit six-week high on trade war hopes ahead of ECB

Asian stocks hit a six-week high on Thursday on hopes for a thaw in U.S.-China trade frictions and expectations that the European Central Bank would kick off another wave of monetary easing by global central banks.



4 years ago

U.S., China grant trade concessions as fresh talks loom

U.S. President Donald Trump on Wednesday welcomed China's decision to exempt some U.S. anti-cancer drugs and other goods from its tariffs and announced a short delay to scheduled tariff hikes on billions worth of Chinese goods.



4 years ago

Hong Kong exchange falls over 3% after $39 billion takeover bid for LSE

Hong Kong Exchanges and Clearing Ltd (HKEX) shares fell more than 3% on Thursday after the bourse unveiled a $39 billion takeover approach to the London Stock Exchange Plc (LSE) on Wednesday.



4 years ago

Explainer: Advertising executives point to five ways Google stifles business

U.S. authorities investigating Alphabet Inc's Google for anticompetitive behavior have recently begun probing the company's $116 billion-a-year advertising business.



4 years ago

Hong Kong exchange shares fall after $39 billion takeover bid for LSE

Hong Kong Exchanges and Clearing Ltd (HKEX) shares fell more than 3% on Thursday as investors weighed the merits of its $39 billion takeover approach to London Stock Exchange Plc (LSE) , a deal that would make it a global giant.



4 years ago

Yahoo Japan bids for control of fashion e-tailer Zozo for $3.7 billion

Yahoo Japan Corp on Thursday offered to buy the majority of online fashion retailer Zozo Inc for 400 billion yen ($3.70 billion), to better compete against rivals Amazon.com Inc and Rakuten Inc .



4 years ago

Jim Cramer: These are the 5 stocks you should buy right now

The stocks of Starbucks, VMWare and Splunk have dipped recently, so now is the time to add them to your portfolio, Jim Cramer says

4 years ago

JP Morgan's market guru says his 'once in a decade' trade is upon us

J.P. Morgan's chief quant says that the big rotation into value names should continue, and that stocks should move higher into October, and beyond.

4 years ago

Overhaul Fannie and Freddie or we will act, Trump administration tells Congress

The Trump administration will pursue the reform of mortgage giants Fannie Mae and Freddie Mac , the guarantors of over half the nation's mortgages, if Congress fails to act, officials told Congress on Tuesday.



4 years ago

Space company Maxar shares rally as JP Morgan calls for stock to climb over 70%

J.P. Morgan began coverage of Maxar Technologies on Tuesday with an overweight rating.

4 years ago

Ahead of election year, more Americans lack health insurance, incomes stall

The share of Americans without health insurance rose for the first time in a decade last year and U.S. household income hardly budged, according to a government report on Tuesday that laid bare issues that could be central to the U.S. presidential election next year.



4 years ago

Unlocking the Potential of Frontier Finance

Global Impact Investing Network | Rachel Bass | Sep 10, 2019 Unlocking the Potential of Frontier Finance assesses key features of frontier finance impact investments and finds significant opportunity for making an impact in this sector. Based on analysis of 40 frontier finance transactions, 10 interviews, and a workshop discussion with 39 investors and other

4 years ago