Hyundai Mobis drops Elliott's $2.2B dividends offer

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Source: Dukascopy Bank SA
Hyundai Mobis has rejected on Tuesday a proposal made by the US hedge fund Elliot Management for the $2.24B dividends due to competitiveness concerns.
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Tue, 26 Feb 2019 11:22:55 GMT

British finance sector prepared for any Brexit

On Tuesday, the UK junior minister stated that the country's financial sector was ready for any type of Brexit, including the no-Brexit deal, and would keep functioning properly after Britain's leave from the EU bloc.

Tue, 26 Feb 2019 10:36:28 GMT

AAC Tech stock drop on profit warning

Shares in Apple's supplier AAC Technologies plunged 13% on Tuesday, following the acoustic component developer's warning about the expected fail in its Q1 net profit as much as 75% amid reduced orders.

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