Last orders: Rise of closing auctions stirs worries in European stock markets
The final five minutes of trading have become the busiest time of day for stock market traders in Europe.
Sainsbury’s says not talking to internal candidates for CEO succession
Sainsbury’s is not talking to internal candidates about succession plans to Chief Executive Officer Mike Coupe and he has the full support of company’s shareholders and the board, a company spokesperson told Reuters late on Saturday.
SoftBank plans to lend up to $20 billion to employees to invest in new fund: WSJ
Japan’s SoftBank Group Corp is planning to lend up to $20 billion to its employees, including Chief Executive Masayoshi Son, to buy stakes in its second Vision Fund, the Wall Street Journal reported https://on.wsj.com/307Ljih on Saturday, citing peopl…
Standard Chartered faces fine for sanctions breaches: Sky News
Banking group Standard Chartered is facing a fine for failing to prevent sanctions breaches, Sky News reported on Saturday.
Standard Chartered faces fine in coming weeks for sanctions breaches: Sky News
Standard Chartered PLC is facing a fine for failing to prevent sanctions breaches, Sky News reported on Saturday.
Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers – sources
The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with the situation said.
Exclusive: U.S. to extend Huawei’s partial reprieve on supply curbs – sources
The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, sources familiar with the situation said.
Airbnb records 30% growth rate in first-quarter on booking strength: source
Airbnb Inc recorded $9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a source familiar with the matter said on Friday, a key number that could help pull in investors as the home-sharing company plans its foray…
Court leaves PG&E with sole right to submit bankruptcy plan
A federal judge on Friday allowed PG&E Corp to retain the sole rights to propose a plan to exit bankruptcy, as he rejected efforts by investors to put forward competing plans, according to court documents.
Trump says he is having dinner Friday with Apple CEO Cook
U.S. President Donald Trump said he was having dinner on Friday with Chief Executive Officer Tim Cook of Apple Inc, a company the president has criticized for not manufacturing more of its products in the United States.
