Value of Spotify hits $19B

Source: Dukascopy Bank SA
The value of Spotify has inched 20% higher and reached $19B during the last few months ahead of filing for the NYSE listing, outperforming many European and US tech indexes.
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Thu, 14 Dec 2017 19:07:31 GMT

Teva Pharm to close plants and cut workforce to pay off debts

Teva Pharmaceutical has aimed to sell manufacturing plants, lay off at least 25% of its workforce and suspend dividends on ordinary shares to deal with its debts.

Thu, 14 Dec 2017 18:10:21 GMT

Luxottica and Essilor sets to win EU approval on €48B merger

Italian Luxottica, eyewear maker, and French Essilor, lens manufacturer, are set to get the unconditional EU antitrust approval for the merger, which is worth €48B.

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