Qualcomm proposes further price talks with Broadcom
(Reuters) – Chipmaker Qualcomm Inc on Monday urged Broadcom Ltd to enter into price negotiations on its $117 billion offer for the company, saying the two sides had made progress on regulatory issues but were yet to agree on the deal value.
GE nominates three new directors to smaller board
(Reuters) – U.S. industrial conglomerate General Electric Co on Monday nominated three new candidates to a streamlined board of directors ahead of a shareholder meeting in April.
Qualcomm proposes due diligence, price talks with Broadcom
(Reuters) – Qualcomm Inc urged peer Broadcom Ltd to enter into direct negotiations on a price for merging the two companies and said they had made progress on regulatory and other deal certainty issues at a meeting last week.
Ryanair pilot group calls for CEO O’Leary’s resignation
DUBLIN (Reuters) – A pilot group that helped spearhead a staff revolt at Ryanair last year has called on Chief Executive Michael O’Leary to resign in the latest sign of strains in staff relations at Europe’s largest low-cost airline.
Global stocks firm, dollar dips before big week for central banks
LONDON (Reuters) – Global stocks notched further gains on Monday and the dollar stayed on the back foot, as investors bet the new head of the U.S. Federal Reserve will steer a steady course on policy when he addresses lawmakers this week.
Geely covets Daimler tech with $9 billion stake, shares surge
HONG KONG/SHANGHAI (Reuters) – Geely Automobile Holdings Ltd’s shares jumped on Monday after its chairman Li Shufu revealed he had built a $9 billion stake in Daimler AG , gaining leverage as he tries to convince the German carmaker to cooperate on te…
Australia’s CBA disputes regulator’s new rate-manipulation allegations
(Reuters) – Commonwealth Bank of Australia said on Monday it will dispute new claims by the Australian corporate regulator that doubles the number of allegations against the bank over rate-manipulation.
Airbus, Delta, telecom companies form alliance for in-flight internet
(Reuters) – European planemaker Airbus SE and U.S.-based Delta Air Lines Inc have formed an alliance with U.S. wireless carrier Sprint Corp, satellite startup OneWeb backed by Japan’s SoftBank, and India’s Bharti Airtel Ltd to develop in-flight 5G serv…
Sony pins hopes on 4K video to revive smartphone sales
BARCELONA (Reuters) – Japan’s Sony Corporation is turning its focus to 4K high-definition video recording in its new Xperia XZ2 smartphone to differentiate itself from rivals that have caught up in camera technology.
After takeover by government, Anbang says committed to overseas subsidiaries
BEIJING (Reuters) – Anbang Insurance Group Co Ltd said on Monday it fully supported the Chinese insurance regulator’s decision to temporarily take control of the company, and remains committed to the development of its overseas subsidiaries.
