Europe's 5G to cost $62 billion more if Chinese vendors banned: telcos
A ban on buying telecoms equipment from Chinese firms would add about 55 billion euros ($62 billion) to the cost of 5G networks in Europe and...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Stocks target best week since April on rate-cut hopes; U.S. jobs data awaits
European shares climbed on Friday as hopes that central banks would loosen policy offset trade friction and the threat of global recession, putting them on track...
Toyota speeds up electric vehicle schedule as demand heats up
Toyota Motor Corp aims to get half of its global sales from electrified vehicles by 2025, five years ahead of schedule, and will tap Chinese battery...
Europe's 5G to cost $62 billion more if Chinese vendors banned: industry
A ban on buying telecoms equipment from Chinese firms would add about 55 billion euros ($62 billion) to the cost of 5G networks in Europe and...
Swiss Re plans $4.5 billion IPO for UK unit to help expansion
Swiss Re is pressing ahead with plans to float its $4.5 billion UK life insurance business in London to put it under a more favorable regulatory...
European shares boosted by rate-cut hopes before U.S. jobs data
European stocks gained ground on Friday as hopes that central banks would loosen policy offset trade friction and the threat of global recession, putting indexes on...
IBM, T-Systems scrap mainframe venture after German criticism
IBM has withdrawn an application for anti-trust approval for a mainframe computing venture with T-Systems, the IT services arm of Deutsche Telekom, after the German cartel...
Swiss Re presses ahead with flotation of $4.5 billion British unit
Swiss Re is pressing ahead with a flotation of British subsidiary ReAssure on the London Stock Exchange, the world's second largest reinsurer said on Friday, a...
Germany's Stada buys six of GSK's consumer brands, eyes further deals
Private equity-backed generic drugmaker Stada said on Friday it would buy six consumer healthcare products from British drugmaker GlaxoSmithKline to bolster its presence in Europe.
Gucci parent Kering moves to tighten grip on e-commerce
Kering, owner of brands including Gucci, will tighten its grip on its e-commerce operations, focusing on its own branded sites to sell its luxury products or...
Drugmaker Sanofi appoints Novartis' Hudson as CEO
Sanofi has appointed Novartis executive Paul Hudson to replace CEO Olivier Brandicourt who will retire in September, France's biggest drugmaker said on Friday.
Qatar Airways to seek compensation from Boeing over MAX grounding
Qatar Airways plans to seek compensation from Boeing over the grounding of three 737 MAX aircraft by Italian airline Air Italy, where the Qatari company is...
Analysts are worried these US stocks could take a hit from tariffs on Mexico
Stocks that could be negatively impacted by tariffs on Mexico include: Acuity Brands, Brunswick Corporation, and Fortune Brands.
Asia shares up on policy easing hopes, yuan slips on PBOC signals
Asian shares were slightly higher on Friday on expectations global central banks will soon embark on an easing cycle in the face of international trade frictions...
Former HP boss Whitman says 'not protecting herself' in Autonomy fraud allegation
Former Hewlett-Packard boss Meg Whitman denied on Thursday she was trying to protect her own reputation when she accused the leaders of Autonomy, the British software...