Fox says Sky shareholders have until October 6 to accept offer
Twenty-First Century Fox said on Monday that its 14 pounds per share bid for Sky Plc will remain open for acceptances until October 6.
Coke eyes cannabis-infused drink market
Coca-Cola Co is closely watching the fast-growing marijuana drinks market for a possible entry that would expand the world’s largest soft drink maker’s ambitions further away from sugary sodas.
UPS to hire 100,000 for holiday season, up 5 percent from last year
United Parcel Service Inc would hire about 100,000 temporary employees for the crucial holiday season, up about 5 percent from a year earlier, the world’s biggest package delivery company said on Monday.
Saudi’s PIF invests more than $1 billion in electric carmaker Lucid Motors
Saudi Arabia’s Public Investment Fund (PIF) has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing U.S. electric vehicle maker Tesla Inc .
JD.com CEO, under investigation for rape allegation, skips China forum
The CEO of Chinese e-commerce giant JD.com , Richard Liu, will no longer appear at a high-profile state-run tech forum in Shanghai this week that he had earlier been scheduled to attend.
Apple, Amazon lead Wall Street lower as tariffs loom
A slide in Apple and Amazon led the S&P 500 and Nasdaq lower on Monday on expectations that President Donald Trump was about to go ahead with new tariffs on $200 billion of Chinese goods and that Beijing would retaliate.
Activist ValueAct raises stake in Horizon Discovery
Activist hedge fund ValueAct Capital has nearly doubled its stake in Horizon Discovery Group , buying an additional 7.5 million shares from Woodford Investment Management.
New U.S. tariff threat on Chinese goods hits stocks, dollar
A gauge of global equity markets eased and the dollar slipped on Monday as an expected new round of tariffs from Washington on Chinese goods made investors skittish about an escalation of a U.S.-Sino dispute over trade.
Oil steady as Iran sanction fears face U.S.-China trade tensions
Oil prices were little changed on Monday as market participants weighed potential supply cuts from U.S. sanctions on Iran with deepening trade tensions between the United States and China that could dent global crude demand.
Saudi’s PIF invests over $1 billion in electric carmaker Lucid Motors
Saudi Arabia’s Public Investment Fund said on Monday it had agreed to invest more than $1 billion in Silicon Valley-based Lucid Motors to produce electric vehicles.
