Vodafone offloads New Zealand business to Brookfield, Infratil
Vodafone Group Plc said on Monday that it agreed to sell its New Zealand business to a consortium for about 2.1 billion euros ($2.36 billion).
Exclusive: Truckmaker Scania signs Northvolt battery deal, in talks on equity
Volkswagen truck brand Scania has signed a battery supply deal with Sweden’s Northvolt and is in talks about making an equity investment as part of the startup’s efforts to raise 1.5 billion euros ($1.68 billion), Scania’s head said on Monday.
China says U.S. policies are causing existential damage to the WTO
China said on Monday U.S. policies are threatening the existence of the World Trade Organization, setting out a string of grievances in a WTO “reform proposal” published by the WTO on its website.
U.S. Supreme Court lets App Store antitrust suit proceed against Apple
The U.S. Supreme Court on Monday gave the go-ahead for a lawsuit by consumers accusing Apple Inc of monopolizing the market for iPhone software applications and forcing them to overpay, rejecting the company’s bid to escape claims that its practices vi…
Onex to buy Canada’s WestJet for $2.6 billion in largest PE-backed aviation deal
Canada’s second-biggest carrier, WestJet Airlines Ltd, on Monday accepted a C$3.5 billion ($2.6 billion) cash buyout offer from private equity group Onex Corp, sending the carrier’s shares surging 63% in Toronto trading.
Volkswagen set to announce battery production plans: sources
Volkswagen’s supervisory board is on the brink of announcing the automaker’s entry into battery cell production, two people familiar with the matter told Reuters on Monday.
Oil prices fall with Wall St. on trade war, give back early rise
Oil futures fell on Monday with Wall Street, as worries about the Sino-U.S. trade talks spooked investors who had sent oil higher in early trade on concerns that tanker attacks in the Middle East could disrupt supplies.
Bayer says Monsanto likely kept files on influential people across Europe
Bayer said on Monday its Monsanto unit, which is being investigated by French prosecutors for compiling files of influential people such as journalists in France, likely did the same across Europe, suggesting a potentially wider problem.
Wall Street hit hard by escalation of tariff war
Wall Street’s main indexes tumbled on Monday after Beijing announced plans to retaliate with higher tariffs on U.S. goods, raising fears that another round of tit-for-tat measures could push the U.S. economy toward recession.
Selloff deepens on Wall Street as China plans to hit back with tariffs
Wall Street’s main indexes fell more than 2% on Monday after Beijing announced plans to retaliate with higher tariffs on U.S. goods, raising fears that another round of tit-for-tat measures could push the U.S. economy toward recession.
