GE hires bankers to mull sale of digital assets: WSJ
General Electric Co has hired an investment bank to organize an auction for its digital assets, the Wall Street Journal reported on Monday citing people familiar with the matter.
With nimbler bikes, Harley sharpens Asia focus to revive growth
Harley-Davidson Inc is launching lightweight motorcycles in Asia and electric bikes globally in the hope of reviving demand, as it faces falling sales in the United States and the threat of trade tariffs adding to its costs.
Bitcoin slips below $8,000 as investors step away from risk
Bitcoin briefly fell below $8,000 on Monday as investors scaled back their exposure to cryptocurrenices, after a sell-off in shares of technology and internet companies spilled over into other risky assets.
Tech stocks weigh on Wall St., Nasdaq set for third straight decline
A broad sell-off of technology stocks pushed all three major U.S. stock indexes lower, with the Nasdaq Composite set to post its third consecutive loss of more than 1 percent for the first time since August 2015.
Starbucks and China’s Alibaba to partner on delivery: media reports
Starbucks Corp and e-commerce company Alibaba Group Holding Ltd are set to join forces on coffee delivery, according to media reports, as the coffee retailer seeks to rebound from a sales slump in the once-booming China market.
GE looking to sell its digital assets: WSJ
General Electric Co is looking to sell key parts of its digital business, the Wall Street Journal reported.
Caterpillar paints upbeat picture of global economy
Caterpillar Inc on Monday gave a promising outlook for the global economy despite ongoing trade tensions and mounting cost concerns, and the heavy equipment maker lifted its full-year earnings forecast after quarterly profits nearly doubled.
Ferrari bets on tobacco veteran in post-Marchionne era
Ferrari’s new boss Louis Camilleri has big shoes to fill but the tobacco industry veteran may have just what is needed to steer the luxury sportscar maker through its next lap, analysts and industry insiders said.
Tech stocks pull down equity markets, euro gains
A gauge of global equity markets fell on Monday, pulled down by a sell-off in U.S. technology heavyweights, while the dollar slipped against the euro ahead of several central bank monetary policy meetings later this week.
AmEx raised currency prices for business clients without warning: Wall Street Journal
American Express Co raised currency conversion rates for business clients without notifying customers in an attempt to boost revenue and employee commission, the Wall Street Journal reported on Monday, citing people familiar with the matter.
