Barclays proposes alternative Seadrill restructuring plan-court filing
OSLO (Reuters) – British bank Barclays Plc has submitted an alternative proposal to restructure Seadrill , the oil rig company said in a U.S. court filing.
Buffett’s latest milestone: Berkshire stock hits $300,000
NEW YORK (Reuters) – Berkshire Hathaway Inc’s stock price touched $300,000 for the first time on Monday, reflecting investors’ confidence in Warren Buffett’s conglomerate despite four straight quarters of lower operating profit.
Wall St jumps on tax-cut hopes, M&A flurry
(Reuters) – Major U.S. stock indexes hit record highs in a broad rally on Monday as the long-awaited bill to lower taxes looked set to be passed into law and a flurry of dealmaking buoyed sentiment.
EU’s top court to decide whether Uber is a digital app or a taxi service
BRUSSELS (Reuters) – A debate in Europe over whether ride-hailing app Uber [UBER.UL] is merely a digital company or one providing transport services will be decided when the top European Union court hands down its verdict on Wednesday in a highly antic…
Record highs on Wall St, driven by tax bill hopes, M&A flurry
(Reuters) – The major U.S. stock indexes hit record highs in a broad rally on Monday as the long-awaited bill to lower taxes looked set to be passed into law and buoyed by about $11 billion in corporate dealmaking.
Wall Street hits records on tax bill hopes, M&A flurry
(Reuters) – Wall Street’s three main indexes opened at record highs on Monday as the long-awaited tax overhaul plan looked set for legislation and a flurry of year-end corporate dealmaking that has topped $11 billion so far buoyed optimism.
Exchange giant CME’s bitcoin futures get tepid take-up in debut
NEW YORK/LONDON/SYDNEY (Reuters) – Bitcoin futures got a muted reception after their debut on CME Group late on Sunday, with volumes in the tens of millions of dollars in the first 12 hours of trading, as warnings about the risks of bitcoin sounded eve…
Twitter to put warnings before swastikas, other hate images
SAN FRANCISCO (Reuters) – Twitter Inc said on Monday it would begin issuing a warning before a user can see pictures with Nazi swastikas and other items it determines are hateful imagery, as well as prohibit their use in any profile photos on its soci…
Odey adds to Sky disquiet following Disney’s deal with Fox
LONDON (Reuters) – Hedge fund manager Crispin Odey has argued that Sky should fetch a higher price following Walt Disney Co’s $52 billion deal with Twenty-First Century Fox Inc. , adding to shareholder disquiet about the fate of the European broadcas…
Apple ups iPhone prices in India as tax increase makes imports costlier
MUMBAI (Reuters) – Apple Inc has increased the prices of most of its iPhone models sold in India after the government last week raised taxes on imported phones in a bid to boost domestic manufacturing.
