Xerox threatens hostile bid unless HP opens its books
Xerox Corp on Thursday threatened to take its $33.5 billion buyout bid for HP Inc hostile, if the personal computer maker did not agree to a “friendly” discussion and open its books before Nov. 25.
Boeing settles more than half of Lion Air crash lawsuits: lawyer
Boeing Co has settled more than half of some 118 claims related to the fatal crash of a Lion Air flight on a 737 MAX aircraft in October 2018, attorney Dan Webb said at a court hearing on Thursday.
WeWork to lay off 2,400 employees in SoftBank revamp
WeWork said on Thursday it is laying off around 2,400 employees, almost 20% of its workforce, as the office-sharing company seeks to drastically cut costs after it transformed from a Wall Street darling into a pariah in a matter of weeks.
Saudi Aramco order book reaches 73 billion riyals so far: Samba
Saudi Aramco’s initial public offering (IPO) has attracted approximately 73 billion riyals ($19.47 billion) in institutional and retail orders so far, Saudi Arabia’s Samba Financial Group said on Thursday.
U.S. grants final approval for expanded Delta, Air France, Virgin, KLM JV
U.S. Transportation Secretary Elaine Chao on Thursday granted final approval for an expanded trans-Atlantic joint venture for Delta Air Lines Inc , Air France KLM SA and Virgin Atlantic.
Schwab-TD Ameritrade deal shows Trump rule-easing boon for financial M&A
A possible purchase by brokerage giant Charles Schwab Corp. of rival TD Ameritrade reflects a more relaxed mood under Trump administration regulators, which has helped unleash other big-ticket takeovers in the financial sector, analysts said.
Apple, Intel file antitrust case vs SoftBank-owned firm over patent practices
Apple Inc and Intel Corp on Wednesday filed an antitrust lawsuit against Fortress Investment Group, alleging the SoftBank Group Corp unit stockpiled patents to hold up tech firms with lawsuits demanding as much as $5.1 billion.
Vivendi ready to sell part of Mediaset stake at a loss to end legal row: sources
French media group Vivendi is prepared to sell part of its stake in Mediaset at a loss in an attempt to reach a deal to end years of bitter legal disputes with the Italian broadcaster, two sources close to the matter said on Thursday.
Exclusive: Exxon aims to sell $25 billion of assets to focus on mega-projects – sources
Exxon Mobil plans to sell up to $25 billion of oil and gas fields in Europe, Asia and Africa in its biggest asset sales for decades, seeking to free up cash to focus on a handful of mega-projects, according to three banking sources.
Wall Street muted on doubts over progress in U.S.-China trade deal
The S&P 500 and Dow indexes treaded water on Thursday as mixed headlines on U.S-China trade relations and a diplomatic row over the Hong Kong protests added to uncertainty over the timing of a “phase one” deal.
