EU countries back start of trade negotiations with United States
European Union countries gave final clearance on Monday to start formal trade talks with the United States after months of delay due to resistance from France.
EU countries back copyright reform targeting Google, Facebook
The European Union’s bid to overhaul its two-decade old copyright rules cleared its final hurdle on Monday as EU governments backed the move forcing Google to pay publishers for news snippets and Facebook to filter out protected content.
Barclays activist Bramson renews call to join the board
Activist Edward Bramson on Monday made a renewed plea for Barclays’ investors to give him a seat on the bank’s board, as the war of words between his Sherborne Investors fund and the lender’s management ratchets up.
Progress in U.S.-China trade talks spurs world stock rally
Progress in the U.S.-China trade talks helped propel world stock markets to a 6-month high on Friday and steered investors away from save havens such as the Japanese yen.
Anheuser-Busch InBev adds Citi, BAML to banks working on $5 billion Asian IPO: sources
The world’s biggest brewer, Anheuser-Busch InBev, has added Citigroup and Bank of America Merrill Lynch to the team of banks working on the sale of its Asia-Pacific business, three people with direct knowledge of the matter told Reuters.
Exclusive: Foxconn chairman says aims to step down to pave way for younger talent
The chairman of Taiwan’s Foxconn, assembler of Apple’s iPhones, said on Monday he plans to step down in the coming months as he wants to pave the way for younger talent to move up the ranks of the world’s largest contract manufacturer.
Oil pauses; focus on future supply direction
Oil prices halted their rally on Monday with Brent futures falling below $71 per barrel on signals that Russia may exit production cuts.
Citigroup to refund retail customers for investment losses: Australian regulator
Citigroup is refunding more than A$3 million ($2.2 million) to retail customers in Australia who suffered losses from complex investments sold by the bank without adequate advice, the country’s corporate watchdog said on Monday.
Barclays activist Bramson in fresh letter to investors over board seat
Activist Edward Bramson on Monday made a fresh plea for Barclays’ investors to give him a seat on the bank’s board, as the war of words between his fund and the lender’s management ratchets up.
Asian shares buoyed by optimism on U.S.-China trade talks
Asian shares neared nine-month highs on Monday after U.S. Treasury Secretary Steven Mnuchin said he hoped U.S.-China trade talks were approaching a final lap, while strong Chinese export and bank loan data boosted confidence in the global economy.
