EU regulators okay with conditions $82 billion Linde, Praxair deal
EU antitrust regulators approved on Monday German industrial gases group Linde’s planned $82 billion merger with U.S. rival Praxair after the companies agreed to sell Praxair’s assets to a Japanese rival together with other concessions.
Tesla nears three-month low as JPMorgan adds to deal doubts
Tesla Inc shares fell nearly 4 percent on Monday as a $113 cut in JPMorgan Chase’s price target for the electric carmaker added to growing doubts among market players about a plan to take the company private.
Nissan to boost China production capacity by 40 percent, source says
Japan’s Nissan Motor Co plans to invest about $900 million to boost vehicle-making capacity in China by 40 percent by 2021 – part of a 60 billion yuan ($8.73 billion) strategy to become a top three player in the world’s largest auto market.
Thyssenkrupp needs a new chairman by September, investors say
Thyssenkrupp should come up with a candidate for the vacant post of chairman by no later than September, two investor sources said, concerned that a lengthy search might further delay restructuring efforts at the German conglomerate.
Volkswagen to recall 700,000 cars over roof lighting: trade magazine
Volkswagen has to recall about 700,000 Tiguan and Touran cars worldwide due to a possible lighting defect, German trade magazine Kfz-Betrieb reported on Monday.
Bull market beliefs: Stock experts differ on market cycles
As Wall Street prepares on Wednesday to celebrate the current U.S. bull stock market becoming the longest in history, some investors are keeping corks in their champagne bottles.
With record in view, aging U.S. bull market may still be frisky
Why settle for nine-and-a-half years when you can do an even 10 or better? That’s the thinking of a lot of investors measuring whether a historically long run in U.S. stocks still has legs.
Anthem ties-up with Walmart for over-the-counter drugs
Anthem Inc said on Monday it has partnered with Walmart Inc to launch a program in January 2019 that will allow its Medicare Advantage plan customers to purchase over-the-counter medications from the retailer’s stores and website.
Wall St. set to open higher on U.S.-China trade talks
U.S. stock index futures pointed to a higher open on Monday as reports of planned trade talks between the United States and China raised hopes of a potential resolution to their trade row.
Standard Chartered says approval for Frankfurt Brexit hub pushed to autumn
Standard Chartered will likely have to wait until the autumn at the earliest for approval from German and European banking regulators to turn its Frankfurt branch into its European Union subsidiary, a spokeswoman for the bank said on Monday.
