GE brings in shipper Maersk’s CFO as finance head
General Electric Co has named Carolina Dybeck Happe, currently finance chief at shipper AP Moller-Maersk as its chief financial officer, the latest in a slew of management changes aimed at stabilizing the U.S. industrial conglomerate.
Stock futures move higher as trade deal hopes rise
U.S. stock index futures rose on Monday as expectations of a trade truce were strengthened by a report that the world’s two largest economies were “very close” to a deal, while jeweler Tiffany surged after agreeing to a sale.
World shares climb on trade hopes
World shares staged a cautious rally on Monday as investors held out for some progress in U.S.-China trade talks, while the dollar dipped after its latest rally on the back of strong U.S. economic data.
Charles Schwab to buy TD Ameritrade in $26 billion all-stock deal
Charles Schwab Corp will buy TD Ameritrade Holding Corp in an all-stock deal valued at $26 billion, the two largest U.S. discount brokerages said on Monday, as they try to fend off competition from newer rivals.
‘Unfit’ Uber stripped of London license over safety failures
The Uber ride-hailing service was stripped of its London operating license on Monday for the second time in just over two years, subject to appeal, after the regulator found a “pattern of failures” on safety and security.
Chinese importers scoop up Brazilian soybeans amid U.S. trade uncertainty
Chinese buyers scooped up at least 20 cargoes of Brazilian soybeans last week due to uncertainty over a trade deal with the United States that sent them rushing to lock in supplies, traders said on Monday.
Oil holds above $63 on U.S.-China trade talks optimism
Oil prices held above $63 a barrel on Monday as positive comments from the United States and China rekindled hopes in global markets that the world’s two largest economies could soon sign an interim deal to end their trade war.
Charles Schwab to buy TD Ameritrade in a $26 billion all-stock deal
Charles Schwab Corp said on Monday it would acquire TD Ameritrade Holding Corp in an all-stock deal valued at $26 billion, combining the two largest U.S. discount brokerages.
Uber to appeal London license loss decision
Uber will appeal Monday’s decision by London’s transport regulator to strip the firm of its license in the city, saying it has taken steps to change its business model and sets the standard on safety.
LVMH swoop on Tiffany will boost operating profits: Chairman
Acquiring Tiffany will lift LVMH’s operating profits by 500 million to 600 million euros ($661.32 million) in the first 12 months, the luxury goods group’s Chairman and Chief Executive Bernard Arnault said on Monday.
