United Tech chief says Raytheon merger does not require Chinese approval: Bloomberg
The chief executive of United Technologies Corp said in a television interview that merging with Raytheon Co did not require approval from China, removing one possible hurdle from the creation of the proposed conglomerate.
Oil steady in volatile trade amid uncertainty on supply cuts, U.S.-China tariffs
Oil prices were steady in volatile trading on Monday as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal and U.S.-China trade tensions continued to threaten demand for crude.
Wall Street rallies after Trump calls off Mexico tariffs
Wall Street’s main indexes climbed on Monday, as investors were relieved after the United States abandoned its plans to impose tariffs on Mexican goods.
Trump says United Tech, Raytheon deal may hurt competition: CNBC
U.S. President Donald Trump said on Monday he was a “little concerned” about the $121-billion merger of defense contractor Raytheon Co and United Technologies Corp.
United Technologies, Raytheon slip after Trump comments on mega deal
Shares of defense contractor Raytheon Co and United Technologies Corp pared gains on Monday after U.S. President Donald Trump said he was a “little concerned” about their $121 billion merger to create a new aero-defense company.
U.S. job openings dip as hiring hits record high
U.S. job openings fell slightly in April as hiring surged to a record high, government data showed on Monday.
United Technologies expects regulatory approvals by early 2020 for Raytheon deal
United Technologies Corp said on Monday it expects to secure regulatory approval by the first quarter of 2020 to combine its aerospace business with U.S. contractor Raytheon Co and create a new company worth about $121 billion.
United Technologies, Raytheon both gain on $121 billion merger
Stock market investors gave their seal of approval to the $121 billion merger of defense contractor Raytheon Co and United Technologies Corp on Monday, pushing shares of both companies higher after the surprise weekend announcement.
Stocks climb on trade, rate cut optimism; yuan falters
European shares followed Asian stocks higher on Monday after the United States shelved plans to impose tariffs on Mexico and as investors anticipated lower U.S. interest rates when the Federal Reserve meets next week on the back of poor jobs data.
Delay the ‘dot plot’? Fed policymakers face communications quandary
As Federal Reserve policymakers grapple with how to downplay their quarterly “dot plot” projection of interest rates without eliminating it altogether, some are looking at a compromise: delay its release to reduce the chances that analysts treat it as …
