General Electric grabs finance chief from shipping group Maersk
A.P. Moller-Maersk's finance chief Carolina Dybeck Happe will leave the shipping group to take up a similar position at General Electric early next year, the companies said on Monday.
A.P. Moller-Maersk's finance chief Carolina Dybeck Happe will leave the shipping group to take up a similar position at General Electric early next year, the companies said on Monday.
Charles Schwab Corp will buy TD Ameritrade Holding Corp in an all-stock deal valued at $26 billion, the two largest U.S. discount brokerages said on Monday, as they try to fend off competition from newer rivals.
Wells Fargo lowered its rating on Netflix to underperform from market perform and said the company will need to spend more.
Chinese buyers scooped up at least 20 cargoes of Brazilian soybeans last week due to uncertainty over a trade deal with the United States that sent them rushing to lock in supplies, traders said on Monday.
World shares staged a cautious rally on Monday as investors held out for some progress in U.S.-China trade talks, while the dollar dipped after its latest rally on the back of strong U.S. economic data.
A U.S.-based foundation overseeing promising semiconductor technology developed with Pentagon support will soon move to Switzerland after several of the group's foreign members raised concerns about potential U.S. trade curbs.
General Electric Co has named Carolina Dybeck Happe, currently finance chief at shipper AP Moller-Maersk as its chief financial officer, the latest in a slew of management changes aimed at stabilizing the U.S. industrial conglomerate.
Morgan Stanley raised its rating on Nvidia to overweight, expecting it to lead semiconductor stocks higher in 2020.
U.S. stock index futures rose on Monday as expectations of a trade truce were strengthened by a report that the world's two largest economies were "very close" to a deal, while jeweler Tiffany surged after agreeing to a sale.
"We expect stronger movie slate to provide buffer for what could be a subdued holiday season for the toy names this year," UBS said.
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Uber will appeal Monday's decision by London's transport regulator to strip the firm of its license in the city, saying it has taken steps to change its business model and sets the standard on safety.
The Uber ride-hailing service was stripped of its London operating license on Monday for the second time in just over two years, subject to appeal, after the regulator found a "pattern of failures" on safety and security.
Charles Schwab Corp said on Monday it would acquire TD Ameritrade Holding Corp in an all-stock deal valued at $26 billion, combining the two largest U.S. discount brokerages.
Oil prices held above $63 per barrel on Monday as positive comments from the United States and China rekindled hopes in global markets that the world's two largest economies could soon sign an interim deal to end their trade war.