U.S. to probe Fitbit, Garmin, other wearable devices after Philips complains
U.S. trade regulators said on Friday they will investigate wearable monitoring devices, including those made by Fitbit Inc and Garmin Ltd , following allegations of patent violations by rival Koninklijke Philips and its North America unit.
Takeaway seals victory in $8 billion Just Eat battle
Online food ordering company Takeaway.com has won the battle for Britain’s Just Eat with a 6.2 billion pound ($8 billion) share offer that will create one of the world’s largest meal delivery companies.
Wall Streets trades near record high, brushes off weak jobs data
Wall Street hovered near all-time highs on Friday, as easing Middle East tensions and technology stocks offset concerns about slower-than-expected U.S. jobs growth in December.
Lebanon may lift Ghosn’s travel ban if files not received within 40 days: caretaker justice minister
Lebanon may lift a travel ban on ousted Nissan boss Carlos Ghosn if files pertaining to his case do not arrive from Japan within 40 days, caretaker justice minister Albert Serhan said in a statement on Friday.
China’s Geely in talks to take stake in Britain’s Aston Martin: FT, source
China’s Geely Automobile Holding is in talks with Aston Martin management and investors about taking a stake in the iconic British luxury carmaker, according to a source familiar with the discussions and the Financial Times on Friday.
Goldman Sachs finally launches app for online bank Marcus
Goldman Sachs Group Inc launched a long-awaited app this week for customers of its online bank Marcus.
Oil pares losses on fresh Mideast tensions
Brent crude prices steadied on Friday, paring earlier losses as Middle East tensions erupted again after the United States added new sanctions on Iran in retaliation for its missile attack on U.S. forces in Iraq this week.
As White House plans U.S.-China Phase 1 ceremony, still no final deal text
The Trump administration has invited at least 200 people to a Jan. 15 ceremony to witness the signing of the Phase 1 trade deal between the United States and China, but the two nations have not yet finalized what, exactly, will be signed, White House o…
Dollar gains, stocks set fresh highs on U.S. labor report
The dollar edged higher and global equity markets rallied to fresh highs on Friday after a U.S. labor report showed job growth slowed in December while still underpinning a strong economy that will allow the Federal Reserve to stand pat on interest rat…
Brookfield, Temasek team up for Thyssenkrupp elevator bid: sources
Canada’s Brookfield Asset Management has teamed up with Singapore state investor Temasek Holdings [TEM.UL] in the auction for Thyssenkrupp’s prized 15 billion euro ($16.6 billion) elevator division, two people familiar with the matter said on Friday.