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SoftBank becomes largest shareholders of Uber as deal closes
Fri, 19 Jan 2018 04:30:37 GMT
 
The group of investors ran by SoftBank completed a deal with Uber, making the SoftBank the biggest stakeholder in the ride-hailing company and providing a boost to Uber. >>
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AmEx reports first loss in decades amid US tax overhaul
Fri, 19 Jan 2018 04:28:24 GMT
 
American Express, the credit card issuer, posted the first quarterly decline in 26 years due to the US tax reform,which led to shares buyback suspension for the next six months. >>
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Tillerson to travel to Europe next week for discussions on Iran, Syria
Thu, 18 Jan 2018 21:13:22 GMT
 
The US Secretary of State Rex Tillerson will visit Europe next week for talks on Iran and Syria before heading to the World Economic Forum in Davos. >>
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Mexico rejects claim to be world's most dangerous country
Thu, 18 Jan 2018 21:12:16 GMT
 
Mexico's foreign ministry on Thursday dismissed a claim by the US President Donald Trump that Mexico was the most dangerous nation in the world. >>
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May offers France funds to bolster border security
Thu, 18 Jan 2018 20:10:59 GMT
 
The British Prime Minister Theresa May on Thursday offered the French President Emmanuel Macron $62M to improve security at French border controls. >>
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CIBC values FirstCaribbean at $1.4B
Thu, 18 Jan 2018 20:08:59 GMT
 
The Canadian Imperial Bank of Commerce considers listing its FirstCaribbean business in the US for $1.4B, a 30% discount to its current market capitalization. >>
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Deutsche Bank CEO: overhaul takes time
Thu, 18 Jan 2018 19:12:05 GMT
 
The Deutsche Bank reorganization will take more time, but the process is on the right track, the CEO of Deutsche Bank John Cryan says. >>
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Nigeria files $875M lawsuit against JP Morgan over Malabu oilfield deal
Thu, 18 Jan 2018 19:11:07 GMT
 
Nigeria filed a $875M lawsuit against JP Morgan Chase, accusing the company of inattention in transferring money from a 2011 oilfield deal to former oil minister. >>
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EU wants to avoid fight with Poland, asks real concessions
Thu, 18 Jan 2018 18:34:04 GMT
 
The EU wants to avoid direct confrontation with Poland, but the country has to make real policy changes to avoid losing funds from the bloc. >>
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Nestle proposes new directors to improve strategy
Thu, 18 Jan 2018 18:33:09 GMT
 
Nestle, the world's largest food company, nominated three new independent directors on Thursday to fasten transformation into a health-conscious company. >>
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Amazon picks up 20 cities for second HQ construction
Thu, 18 Jan 2018 15:33:29 GMT
 
Amazon.com shortlisted 20 cities for the second headquarters' construction that deemed to generate around 50K new high-paying job positions. >>
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Carl Icahn: Xerox-Fujifilm JV to be revised or terminated
Thu, 18 Jan 2018 15:28:37 GMT
 
On Thursday, Xerox's investor Carl Icahn stated that the Xerox-Fujifilm's joint venture should be reviewed or terminated, agreeing with his fellow stakeholder Darwin Deason. >>
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NZD/USD reaches new high level
Thu, 18 Jan 2018 14:26:07 GMT
 
An unexpected turn of events occurred in regards to the New Zealand Dollar against the US Dollar currency pair. Namely, the pair rebounded and gained new high levels before it >>
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Emirates signs deal for 36 Airbus A380 superjumbo jets
Thu, 18 Jan 2018 14:25:39 GMT
 
On Thursday, Emirates announced it had signed a $16B deal for 36 Airbus A380 aircraft, securing the future of the world's largest passenger jets for another decade. >>
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USD/CAD in rate hike's aftermath
Thu, 18 Jan 2018 14:24:06 GMT
 
In the 24 hours following the Bank of Canada's interest rate hike, the USD/CAD currency exchange rate seems to have resumed following the previously drawn long term patterns.  >>
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