Wall Street bonuses may jump 10 percent this year: report
(Reuters) – Wall Street bonuses may climb as much as 10 percent this year, in the first meaningful jump for the industry since 2013, according to a closely watched report.
Asia shares down on caution over US tax reform plan, sterling falls
TOKYO (Reuters) – Asian shares stepped back in cautious early trade on Monday as investors look to see whether U.S. Republicans can hammer a tax reform deal quickly, while the British pound fell on growing doubts over Prime Minister Theresa May’s leade…
Uber board strikes agreement to pave way for SoftBank investment
SAN FRANCISCO/NEW YORK (Reuters) – Uber Technologies Inc’s [UBER.UL] warring board members have struck a peace deal that allows a multibillion-dollar investment by SoftBank Group Corp to proceed, and which would resolve a legal battle between former Ch…
Qualcomm draws up plans to rebuff Broadcom’s $103 billion offer: sources
(Reuters) – U.S. chipmaker Qualcomm Inc is making preparations to reject rival Broadcom Ltd’s $103 billion bid as early as this week, four people familiar with the matter said on Sunday, setting the stage for one of the biggest-ever takeover battles….
Sony’s stock could rise 20 percent on gaming and camera chips sales: Barron’s
NEW YORK (Reuters) – Powered by stronger sales of its camera chips for smartphones along with videogame systems and software, Sony Corp’s [6758.T] stock could rise by another 20 percent over the coming year, Barron’s said on Sunday.
Uber board has struck an agreement to pave way for SoftBank investment
SAN FRANCISCO (Reuters) – Uber Technolgies Inc’s [UBER.UL] warring board members have struck a peace deal that would allow a multibillion-dollar investment by SoftBank Group Corp to proceed, and would resolve a legal battle between former Chief Executi…
Volkswagen re-registers Cayman Islands planes in Germany
BERLIN (Reuters) – Volkswagen has re-registered in Germany six company jets that were previously registered in the Cayman Islands, a company spokesman said on Sunday, confirming an article in Germany’s Welt am Sonntag newspaper.
UAE agrees $1.6 billion deal with Lockheed Martin to upgrade F-16 fighters
DUBAI (Reuters) – The United Arab Emirates will pay Lockheed Martin Corp 6 billion dirhams ($1.63 billion) to upgrade 80 F-16 jet fighters, a Defense Ministry spokesman said on Sunday.
Boeing takes head start in Dubai with Emirates Dreamliner order
DUBAI (Reuters) – Emirates unveiled a preliminary order worth $15 billion for 40 Boeing jets on Sunday, but kept Europe’s Airbus waiting for a lifeline order for A380 superjumbos as the Dubai Airshow opened amid worries over tensions in the Middle Ea…
Aramco CEO: IPO preparations ongoing, no decision on venue abroad
KHOBAR, Saudi Arabia (Reuters) – Preparations to float shares of Saudi Aramco next year are proceeding, but no decision has been taken yet on the venue for the international listing, the chief executive of the state oil company told Al Arabiya Televisi…
