Bombardier pursues options for aerospace division; no deal imminent: sources
MONTREAL (Reuters) – Canada’s Bombardier Inc is continuing to look at strategic options for its aerospace division but no deal is imminent, people familiar with the matter told Reuters on Monday.
Wall Street hits fresh record on financial, tech gains
(Reuters) – Major Wall Street indexes hit fresh records at the open on Monday on gains in financial and technology stocks even as investors awaited a barrage of earnings reports this week.
IPhone 7 is outselling iPhone 8: analyst
(Reuters) – Apple Inc’s older iPhone 7 models are outselling the recently launched iPhone 8 ahead of the early November debut of the premium iPhone X, broker KeyBanc Capital Markets said, citing carrier store surveys.
Exclusive: China offers to buy 5 percent of Saudi Aramco directly – sources
DUBAI/LONDON (Reuters) – China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility to consider various options for its plan to float the world’s biggest oil producer on the stoc…
Weinstein Co enters talks over potential sale
(Reuters) – The Weinstein Company has entered talks for a sale of the bulk of its assets with private equity firm Colony Capital, the two companies said in a statement on Monday. http://reut.rs/2ykT2if
Wall Street hits fresh records on financial, tech gains
(Reuters) – Major Wall Street indexes hit fresh records at the open on Monday on gains in financial and technology stocks even as investors awaited a slew of earnings reports this week.
U.S. top court to review antitrust claims against American Express
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to decide whether American Express Co is violating federal antitrust law by forbidding merchants that accept its credit cards from encouraging customers to use rival cards that charge lowe…
Daimler commits cash to help reshape company
BERLIN (Reuters) – Daimler has committed more than 100 million euros ($118 million) to help create separate legal entities for its Mercedes-Benz cars and Daimler Trucks divisions, a move that would facilitate an eventual break up of the German company…
Exclusive: T-Mobile, Sprint plan merger without selling assets
(Reuters) – T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, acc…
BlackBerry shares down after another top exec leaves
(Reuters) – BlackBerry’s U.S.-listed shares fell almost 4 percent to $11.12 on Monday after a second senior executive from its licensing unit quit this month.
