Asian shares on slippery slope as trade tensions take toll
Asian shares started the week in the red again on Monday, faltering for the eighth straight day and the dollar climbed against major currencies after U.S. President Donald Trump raised the stakes in the heated trade dispute with China.
Australia’s Investa sets September 17 to decide on Blackstone bid
Investa Office Fund said it has set Sept. 17 as the date for its shareholders to vote on Blackstone Group’s sweetened A$3.3 billion ($2.4 billion) bid.
Viacom shares could rise even without a CBS merger: Barron’s
Shares of Viacom Inc could rise “at least” 20 percent over the coming year as the company’s strategy to revitalize itself for the digital age takes root, according to Barron’s.
CBS CEO Moonves resigns, company settles Shari Redstone, NAI lawsuit
CBS Corp CEO Leslie Moonves resigned from the company, the company said on Sunday, amid fresh allegations of sexual assault and harassment.
Roche faces UK pricing row over multiple sclerosis drug Ocrevus
Roche faces a fresh row over drug pricing in Britain, following a decision by the body responsible for medicine use within the state health service not to approve its drug Ocrevus for treating a highly disabling form of multiple sclerosis (MS).
SEC halts trading in two cryptocurrency products, citing market confusion
The U.S. Securities and Exchange Commission said on Sunday it was immediately suspending trading in two investment products that track cryptocurrencies, citing confusion in the markets over whether the products are exchange-traded funds (ETFs).
Exclusive: Campbell Soup steps up CEO search, COO a contender – sources
Campbell Soup Co’s board is drawing up a list of CEO candidates, with Chief Operating Officer Luca Mignini emerging as the top internal contender, as the company seeks to fend off a proxy challenge from Daniel Loeb’s hedge fund, Third Point LLC, peopl…
CBS settles lawsuit over company control; Moonves to resign: sources
CBS Corp has reached deals to settle litigation over the future of the company with its controlling shareholder Shari Redstone and National Amusements Inc and an exit agreement with CEO Leslie Moonves, two sources familiar with the discussions said on…
CBS CEO Moonves accused of sexual misconduct by more women in New Yorker story
Six more women have raised sexual assault and harassment claims against CBS Corp Chief Executive Leslie Moonves in a report published on Sunday in the New Yorker magazine, while the media company has reached an exit agreement with him.
May wraps ‘suicide vest’ around UK over Brexit, says Johnson
Prime Minister Theresa May’s Brexit deal wraps “a suicide vest around the British constitution” and hands the detonator to the European Union, former foreign minister Boris Johnson said in comments that drew strong criticism.
