Ireland chooses investment firms to manage Apple cash
DUBLIN (Reuters) – Ireland on Friday chose Amundi , BlackRock Investment Management , and Goldman Sachs Asset Management to manage up to 15 billion euros ($18.5 billion) in disputed taxes Brussels has ordered it to collect from Apple.
Dropbox heads for trading debut after upsized IPO pricing
(Reuters) – Having topped expectations with the upsized price of its initial public offering, Dropbox Inc on Friday faces its next big challenge: a successful launch of trading when global stock markets are the defensive and tech shares are particularl…
Futures drop on trade war fears
(Reuters) – U.S. stock index futures were lower on Friday, continuing a sell-off on Wall Street a day earlier due to the rising threat of a global trade war after President Donald Trump moved to impose tariffs on up to $60 billion of Chinese goods.
Chemical companies fear toxic consequences of Brexit
KNUTSFORD, England (Reuters) – Julian Sarkar has spent more than 10 years and around 600,000 euros ($740,000) making his small British company compliant with strict European Union regulations to import chemicals into the bloc.
Globalists buck U.S. index fund trend
NEW YORK (Reuters) – Volatility in U.S. equity markets this year is pushing investors not only to invest in stocks abroad, but also to commit their money to an even more foreign place: the hands of stockpickers rather than index funds.
Thiam’s earnings dip as Credit Suisse overhauls executive pay
ZURICH (Reuters) – Credit Suisse is revising pay for top management as it completes a major overhaul, hoping to ease shareholder concerns with a returns-focused policy and lower 2017 rewards.
Twenty-First Century Fox replaces Bank of America in Sky lending syndicate
LONDON (Reuters) – Rupert Murdoch’s Twenty-First Century Fox has changed the group of banks lined up to help finance its proposed takeover of European pay-TV company Sky, replacing Bank of America with Citibank.
World stocks slide, yen jumps, as trade war fears grip markets
LONDON (Reuters) – The threat of a global trade war sent stock markets sliding and investors rushing for the safety of currencies like the yen and government bonds on Friday, after U.S. President Donald Trump announced tariffs on up to $60 billion of C…
GSK pulls out of $20 billion race for Pfizer consumer assets
LONDON (Reuters) – GlaxoSmithKline has quit the race to buy Pfizer’s consumer healthcare business, endangering an auction the U.S. drugmaker hoped would bring in as much as $20 billion.
GSK pulls out of $20 billion race for Pfizer assets
LONDON (Reuters) – GlaxoSmithKline has withdrawn from the race to buy Pfizer’s consumer healthcare business, the British drugs company said on Friday, endangering an auction for an asset some said could fetch as much as $20 billion.
