Russian car maker Avtovaz buys out GM from joint venture
Russia's biggest automaker Avtovaz said on Monday it would buy out General Motors from their joint venture producing vehicles in Russia under the Chevrolet brand.
Russia's biggest automaker Avtovaz said on Monday it would buy out General Motors from their joint venture producing vehicles in Russia under the Chevrolet brand.
Swedbank said on Monday its chief risk officer was leaving as the Swedish bank's new CEO revamps its structure to regain customer trust after a money laundering scandal sent its shares down 40% in the past year.
U.S. state attorneys general, led by New York and California, deliver opening arguments Monday in a bid to stop T-Mobile U.S. from buying Sprint Corp in a trial that highlights disagreements between federal antitrust enforcers, who are Republican, and Democrats in powerful states.
The proceeds from Saudi Aramco's record initial public offering have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading the deal told Al Arabiya news channel on Monday.
Global equity markets were in a somber mood on Monday, holding well off recent two-year highs after Chinese export data highlighted the damage from the 17-month long trade war and re-focused attention on a crucial Dec. 15 tariff deadline.
U.S. stock index futures edged lower on Monday as weak data from China brought back fears of a slowdown in the world's second-biggest economy, while investors awaited more news on trade ahead of a tariff deadline later in the week.
Shares in Tesco rose more than 5% on Monday after Britain's biggest retailer said it might sell its Asian businesses, in Thailand and Malaysia, which analysts valued at up to $9 billion.
Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage to global demand by the trade war between Washington and Beijing.
Prosus raised its unsolicited cash offer for British food delivery service Just Eat to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway in their bitter takeover battle.
The Ark Investment Management founder says that investors who think Tesla shares will plummet are "ignoring a lot of realities."
Finnish telecoms equipment maker Nokia has called a temporary halt to legal action against Daimler in the hope the German carmaker will be open to mediation in their dispute over technology licensing fees.
Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage to global demand by the trade war between Washington and Beijing.
Morgan Stanley began coverage of Virgin Galactic's stock on Monday with an overweight rating.
As 40% of advisors plan to retire within the next 10 years, young financial advisors can help fill the gap. Here's how advisory practices are integrating younger generations into their teams.
Goldman Sachs added Wingstop to its Americas Conviction List based on marketing initiatives and international growth opportunities.