How U.S. retailers turn their bane into boon with ‘click and collect’
As retail casualties such as Sears or Toys ‘R’ Us kept piling up, costly real estate often got the blame for traditional retailers’ struggle to keep up with e-commerce rivals.
Trump says U.S., China ‘very, very close’ on trade deal
U.S. President Donald Trump said on Monday he was optimistic that a final trade deal could be reached with China and that he would hold a summit to sign any pact, but cautioned an agreement may still not happen.
Wall St. opens higher after Trump delays tariff deadline
U.S. stocks opened higher on Monday, led by industrial and technology shares, fueled by hopes of a trade resolution between the United States and China after President Donald Trump said he would delay a hike in tariffs on Chinese imports.
GE chief Culp sells biopharma business for $21.4 billion
Shares of General Electric Co surged more than 15 percent on Monday after the industrial conglomerate said it would sell its biopharma business to Danaher Corp for $21.4 billion, its first major asset sale under new Chief Executive Officer Larry Culp.
Barrick makes $18 billion hostile bid for Newmont in gold mega-merger
Canada’s Barrick Gold Corp offered to buy U.S. rival Newmont Mining Corp for nearly $18 billion in stock on Monday in a hostile takeover that seeks to combine the world’s two largest gold producers.
Oil tumbles after Trump tells OPEC to ‘relax’
Oil fell by more than 2 percent on Monday, reversing earlier gains after U.S. President Donald Trump told OPEC producers to “relax” as prices were too high.
Wall St. set for strong open as Trump delays tariff deadline
U.S. stocks were set to open higher on Monday, fueled by hopes of a resolution to a trade war between the United States and China after President Donald Trump said he would delay a hike in tariffs on Chinese imports.
Buffett says wealthy Americans are ‘definitely undertaxed’
Billionaire investor Warren Buffett said on Monday that the wealthy, including himself, are not paying enough taxes.
Banks losing battle to be no-deal Brexit ready
Major banks are still not ready for a ‘no-deal’ Brexit as they grapple with delays in licenses for new European Union businesses, staffing problems and snags in redrafting contracts.
VW’s Traton gets 2018 profit boost from Brazil, higher sales
Volkswagen’s truck and bus division increased its adjusted full-year operating profit last year by 13 percent thanks to a Brazilian market recovery, efficiency measures at MAN and a rise in vehicle deliveries.
