Futures higher as oil hits $70
(Reuters) – U.S. stock index futures were higher on Monday, with rising oil prices expected to keep Wall Street on track to extend Friday’s rally.
Buffett bashes bitcoin as nonproductive, thriving on mystique
NEW YORK (Reuters) – Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterized as “rat poison squared,” thrive on the hope they’ll find other people who will pay more for it.
Blackstone to buy Gramercy Property in $7.6 billion deal
(Reuters) – U.S. private equity firm Blackstone Group LP will buy commercial real estate manager Gramercy Property Trust in a $7.6 billion all-cash deal, the companies said on Monday.
Cognizant revenue edges past estimates as healthcare clients spend more
(Reuters) – Cognizant Technology Solutions Corp’s quarterly revenue rose 10 percent and edged past Wall Street forecasts, benefiting from higher spending by healthcare and financial services clients.
U.S. oil cracks $70, dollar heads towards 2018 high
LONDON (Reuters) – Oil prices jumped to their highest since late 2014 on Monday on a deepening economic crisis in Venezuela and worries that the Unites States could re-impose sanctions on Iran, while stocks firmed and the dollar rose towards its 2018 p…
Cognizant’s first-quarter revenue rises 10 percent
(Reuters) – IT services firm Cognizant Technology Solutions Corp’s revenue rose about 10 percent in the first quarter, benefiting from higher spending by clients in the healthcare and financial industries.
Oil surges to fresh highs on growing supply worries
LONDON (Reuters) – Oil prices rose to their highest levels since late-2014 on Monday, boosted by Venezuela’s deepening economic crisis and a looming decision on whether the United States will re-impose sanctions on Iran.
Carlyle set to close new Asia fund at $6.5 billion: sources
HONG KONG (Reuters) – Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of matter said, in a deal that adds to the record levels of funds seeking deals in the region.
Australia’s ANZ cuts financial planner bonuses as inquiry reshapes an industry
SYDNEY (Reuters) – Australia’s ANZ said it would quit paying bonuses to financial planners for selling its products, becoming the country’s first major lender to change business practices in response to a powerful inquiry that has unmasked widespread m…
Air France KLM shares slump as CEO prepares to quit over union pay row
PARIS (Reuters) – Air France KLM shares slumped on Monday after the company’s chief executive said he would resign following the rejection of a pay deal by the airline’s staff.
