Wall Street to open higher as U.S.-China trade war fears ease
(Reuters) – Wall Street was on track to open higher on Monday, recovering from last week’s trade tariff driven selloff, after officials of the Trump administration stressed the dispute with China could be resolved through talks.
No new NAFTA deal this week, but 80 percent chance for early May: Mexico minister
MEXICO CITY (Reuters) – Mexico’s economy minister on Monday said he saw an 80 percent chance of a new NAFTA deal by the first week of May, and said in a TV interview that conditions were not right for reaching an agreement this week.
SandRidge says to evaluate buyout offers, including Icahn’s
(Reuters) – SandRidge Energy Inc said on Monday it would evaluate any offer to buy the company from top shareholder Carl Icahn after the hedge fund manager said he could pay cash to buy the U.S. shale oil producer.
China’s HNA to sell Hilton stake in secondary offering
(Reuters) – Hilton Worldwide Holdings Inc’s main shareholder HNA Tourism Group will sell about 63 million shares of Hilton common stock in a secondary offering, making good on signals it would exit its stake in the U.S. hotel operator.
Hilton announces secondary offering by China’s HNA
(Reuters) – U.S. hotel operator Hilton Worldwide Holdings Inc said on Monday a selling stockholder affiliated with China’s HNA Tourism Group Co Ltd had commenced a secondary offering of about 63 million shares of Hilton common stock.
China blames U.S for trade frictions, says negotiations currently impossible
BOAO/BEIJING, China (Reuters) – China stepped up its attacks on the Trump administration on Monday over billions of dollars worth of threatened tariffs, saying Washington is to blame for trade frictions and repeating it was impossible to negotiate unde…
GM Korea says it may drop Spark, replace with crossover
SEOUL (Reuters) – General Motors Co’s South Korean unit said on Monday it may discontinue its Spark mini car and replace it with a crossover, on falling demand in key U.S. market.
Viacom asks CBS to raise its bid by $2.8 billion: sources
(Reuters) – Viacom Inc has asked CBS Corp to sweeten its merger bid by about $2.8 billion, or almost a quarter more than CBS’s offer, three people familiar with the matter said, indicating the wide gap in the U.S. media companies’ price expectations….
Deutsche Bank’s new CEO faces familiar questions over strategy
FRANKFURT (Reuters) – Christian Sewing must quickly come up with a coherent strategy for Deutsche Bank after the retail banking veteran was promoted to chief executive of Germany’s largest lender.
Global stocks rally as Trump tweet eases trade war fears
LONDON (Reuters) – Global stocks rose on Monday as the U.S. government played down fears of a trade war with China that has roiled markets over the last week.
