Twitter’s shares slump on report that potential bidders lose interest
(Reuters) – Twitter Inc’s shares slumped more than 13 percent in early trading on Monday after a weekend Bloomberg report that top potential bidders, including Salesforce.com Inc , had lost interest in making a bid for the company.
Samsung halts Note 7 production after new fire scare: source
SEOUL (Reuters) – Samsung Electronics Co Ltd has suspended production of its flagship Galaxy Note 7 smartphones, a source said on Monday, after reports of fires in replacement devices added to the tech giant’s worst ever recall crisis.
U.S. top court to hear Apple-Samsung feud over iPhone designs
NEW YORK (Reuters) – After five years of litigation, the U.S. Supreme Court will hear arguments on Tuesday in the bitter patent dispute between the world’s two top smartphone manufacturers over the amount Samsung should pay Apple for copying the iPho…
Russian PM signs order selling Bashneft to Rosneft: agencies
MOSCOW (Reuters) – Russian Prime Minister Dmitry Medvedev has signed an order selling a controlling stake in oil firm Bashneft to Rosneft , Russian news agencies quoted him as saying on Monday.
Deutsche Bank fails to score Justice Dept. deal, shares fall
FRANKFURT/LONDON (Reuters) – Deutsche Bank shares fell more than 3 percent on Monday after Chief Executive John Cryan failed to secure a speedy deal with the U.S. Department of Justice (DoJ) over the weekend over the misselling of mortgage-backed secu…
Saudi Arabia’s Falih says OPEC should not crimp supply too tightly
ISTANBUL (Reuters) – Saudi Arabia’s Energy Minister Khalid al-Falih said on Monday that OPEC should not crimp oil supply too tightly and said he was optimistic a global production deal to limit supplies could be reached by November.
Kuroda reiterates BOJ may push back inflation goal timetable: report
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda reiterated that the central bank may push back the forecast date for which it plans to achieve its 2 percent inflation target, Bloomberg reported on Monday.
Financial markets continue to price in Clinton win after debate
NEW YORK (Reuters) – Wall Street stock index futures were little changed throughout Sunday’s highly contentious presidential debate, indicating that markets continue to view that Democrat Hillary Clinton holds an edge in the Nov. 8 election against her…
German exports post biggest rise in more than six years
BERLIN (Reuters) – German exports rebounded more than expected in August, recording their biggest rise in more than six years and dispelling fears that Europe’s biggest economy is heading for a slowdown.
Far from stepping back, top central banks are set to double down
WASHINGTON (Reuters) – Central banks’ repeated warnings that there are limits to what they can do to bolster the sputtering world economy could suggest they are about to pull back and pass the baton to governments.
