STMicro shares surge on news of Infineon interest last year

Source: Dukascopy Bank SA
Shares of the technology firm STMicroelectronics surged 1.5% on Wednesday, following Bloomberg's report that Germany's peer Infineon had raised its takeover interest in the company in 2017.
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Fri, 03 Aug 2018 07:55:10 GMT

Symantec to cut 8% of workforce, lowers revenue estimates

On Thursday, the antivirus software developer Symantec announced it would cut 8% of its workforce worldwide, as it seeks to bolster profit margins, adding it had also slashed its annual revenue forecast.

Fri, 03 Aug 2018 07:31:52 GMT

Ant Financial, Didi Chuxing in talks over joint Ofo buy-out

Alibaba's Ant Financial and China's ride-hailing firm Didi Chuxing are discussing a potential joint buy-out offer for Ofo that could value the bike-sharing start-up at up to $2.0B.

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