U.S. truck firms accelerate into the merging lane
The consolidation of the U.S. trucking industry is picking up speed, with big trucking companies and private equity funds scooping up smaller firms as a U.S. regulatory mandate is set to go into effect and as drivers push for higher wages.
LSE has made strong case for Aramco listing: UK PM’s spokesman
LONDON (Reuters) – The London Stock Exchange has made a “very strong case” for oil company Saudi Aramco to lists its shares in Britain, a spokesman for Prime Minister Theresa May said on Monday after President Donald Trump urged the king of Saudi Arabi…
Anthem names industry veteran Gail Boudreaux as new CEO
(Reuters) – Anthem Inc on Monday named industry veteran Gail Boudreaux as its new chief executive, replacing Joseph Swedish, who will step down after more than four years at the helm of one of the largest U.S. health insurers.
Anthem CEO Joseph Swedish to step down
(Reuters) – Health insurer Anthem Inc said on Monday its Chief Executive Joseph Swedish will step down and will be replaced by Gail Boudreaux.
Need help to buy a ship or jet? Credit Suisse looks to lure super-rich
LONDON/ZURICH (Reuters) – The leap in assets at Credit Suisse’s private bank to a record high this year has been aided by a key plank of the bank’s new strategy: lending money to the world’s ultra-wealthy.
Prosecutors say investigating Metro officials for insider trading
DUESSELDORF, Germany (Reuters) – German prosecutors said on Monday that they were investigating multiple officials at Metro AG for possible insider trading and market manipulation.
Oil hits two-year high on Saudi purge, world shares retreat
LONDON (Reuters) – Oil jumped to its highest in over two years on Monday as Saudi Arabia’s crown prince cemented his power through a crackdown on corruption, while world shares eased a notch and major currencies traded in tight ranges.
Failure of U.S. deal hits Deutsche Telekom shares, growth prospects
FRANKFURT (Reuters) – Deutsche Telekom shares dropped in early Monday trading after the collapse of the merger of its T-Mobile US unit with Sprint Corp, which would have created a strong No.3 player on the U.S. market.
Rebuffed by American Airlines, Qatar Airways buys into Cathay Pacific
DUBAI/SINGAPORE (Reuters) – Qatar Airways has broadened its global reach by purchasing a 9.61 percent stake in Cathay Pacific , adding another strategic investor to the Hong Kong carrier’s complicated share register at a time when it is looking to cut …
Asia shares slip from decade highs, oil at two-year top on Saudi purge
SYDNEY (Reuters) – Asian shares stepped back from recent decade highs on Monday while major currencies held in tight ranges and oil jumped to a more than two-year peak as Saudi Arabia’s crown prince cemented his power through an anti-corruption crackdo…
