Buyout firm Thoma Bravo adds Sophos to its cybersecurity chest with $3.8 billion deal
U.S. private equity firm Thoma Bravo is adding Sophos Group to its cybersecurity stable, announcing on Monday a buyout deal that values the British maker of antivirus and encryption products at about $3.8 billion.
Wall St. opens lower as trade deal optimism fades
U.S. stocks fell at open on Monday on signs of tough talks ahead before a partial trade deal with China announced by President Donald Trump on Friday could be sealed.
Wall Street heads lower as trade deal optimism fades
Wall Street was set to fall for the first time in four sessions on Monday on signs there was more hard work to be done before a partial trade deal with China announced by President Donald Trump on Friday could be sealed.
Are U.S.-Chinese tariffs on almost everything the ‘new normal’?
U.S. President Donald Trump called his Phase 1 trade deal with China “by far, the greatest and biggest deal ever made,” even though nothing was agreed on paper, and most of the tariffs set upon Chinese goods remain in place.
China will use counter-cyclical adjustments to manage economy: Premier Li
Downward pressure on China’s economy is increasing and the government will make good use of counter-cyclical adjustments to keep economic operations within reasonable range, state television quoted premier Li Keqiang as saying.
Stocks dip as report China wants more trade talks tempers optimism
A global index of stock markets dipped on Monday as a report that China wants more talks before signing a “Phase One” trade deal with the United States tempered an initial burst of optimism that followed signs of progress last week.
Futures fall as deal hopes fade on report China seeks more talks
U.S. stock index futures fell back on Monday as hopes of a quick resolution to the U.S.-China trade war were dashed by a report that China wanted more talks before signing a partial deal announced by President Donald Trump on Friday.
Sempra Energy to sell Chilean businesses for $2.23 billion to China’s State Grid
U.S. power company Sempra Energy said on Monday it would sell is Chilean businesses to China’s State Grid International Development Limited for $2.23 billion in cash.
Superdry entrusts Dunkerton with turning around fashion firm he founded
Superdry put its faith in Julian Dunkerton to get the British fashion group back on track on Monday, confirming him as chief executive until 2021, after the co-founder returned in a boardroom coup earlier this year.
Liberty Global backs Sunrise deal to tune of $500 million
Liberty Global has offered a 500 million Swiss franc ($501.45 million) sweetener to rescue the sale of its Swiss cable and TV business to Sunrise Communications but a key Sunrise shareholder said it remained opposed to the deal.