US Justice Dept has concerns over T-Mobile-Sprint deal

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Source: Dukascopy Bank SA
On Tuesday, the US Justice Department raised concerns over the planned $26B merger deal between T-Mobile US and Sprint Corp as currently structured, sending T-Mobile's shares down 4%, while Sprint's shares dropped around 9% on the statement.
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Wed, 17 Apr 2019 06:31:20 GMT

Pernod Ricard to acquire Italy's Malfy

Pernod Ricard signed an agreement with Biggar & Leith to acquire its Italian premium gin brand Malfy, as the alcoholic beverages distributor is expanding its fast-growing portfolio, it announced on Wednesday, not disclosing the financial terms of the deal.

Wed, 17 Apr 2019 04:58:27 GMT

China's Q1 growth steady at 6.4%

On Wednesday, official data showed that China's economy grew at 6.4% in the first quarter from a year earlier, boosted by sharply higher factory production.

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