AB InBev seeks $9.8 billion for Asia stake in world’s largest 2019 IPO
Brewing giant Anheuser-Busch InBev NV (AB InBev) is seeking to raise up to $9.8 billion by listing its Asia-Pacific business in Hong Kong, marking what would be the world’s largest initial public offering this year.
Facebook fined for violating German transparency law
German authorities have fined Facebook 2 million euros ($2.26 million) for providing a distorted picture of the amount of illegal content on the social media platform, a violation of the country’s law on internet transparency.
Futures dip after rally as trade talk euphoria fades
U.S. stock index futures edged lower on Tuesday, a day after the benchmark S&P 500 index hit a record high, as optimism over progress in U.S.-China trade talks subsided and a fresh threat of tariffs on Europe kept investors on edge.
EU says it is open to talks with U.S. in row over aircraft subsidies
The European Union said on Tuesday it is open to talks with United States in a row over aircraft subsidies but said figures quoted by Washington as it threatened more tariffs were based on internal U.S. estimates.
Divided EU leaders push to break stalemate on top jobs
Divided and tired, European Union leaders went into a third day of arm-wrestling on Tuesday over who would next hold the bloc’s key posts, calling for unity but sounding as split as ever on the key Commission presidency.
France and Germany eye Lagarde for ECB and Von der Leyen for EC president: sources
German defense minister Ursula von der Leyen may end up as European Commission President while IMF head Christine Lagarde may become new president of the European Central Bank following an agreement between France and Germany, said sources.
Relief rally fades as growth fears loom
World stocks eked out meagre gains on Tuesday amid worries the global economy was faltering after data showed manufacturing activity slowed last month, weakening appetite for risk.
Merkel ally von der Leyen being considered for EU Commission head: Welt
Germany’s Defence Minister Ursula von der Leyen is being touted by Donald Tusk, the president of the European Council, as a potential successor to Jean-Claude Juncker as head of the European Commission, Die Welt reported on Tuesday.
Oil dips on demand worries even as OPEC, allies extend cuts
Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by OPEC and allies, including Russia, to extend supply cuts until next March.
Facebook campus given all-clear after sarin scare
Facebook Inc’s Silicon Valley campus received the all-clear on Tuesday after fears that a package at its mail facility contained the nerve agent sarin.
