World shares rose to three-month highs on Monday, boosted by hopes for a trade deal and strong U.S. corporate earnings, while the dollar dipped from its highest in a week before a Federal Reserve rate decision.
Private equity firm KKR has added Deutsche Bank and KKR Capital Markets as additional global coordinators for the planned stock market flotation of German defense supplier Hensoldt, people close to the matter said.
Strong performances by technology and bank stocks have sent the S&P 500 climbing this month.
Forbes | Alex Lazarow | Oct 27, 2019 Fintech used to be a local game. Increasingly, fintechs are taking a global stance. In my recent op-ed, I covered some of the drivers of this phenomenon, including an evolution towards regulatory openness, the rise of fintech enablers and a shift towards a more global outlook. To
Spotify Technology SA posted a surprise profit and beat Wall Street's expectations for third-quarter revenue as the music streaming company added more subscribers to its premium service than expected, sending its shares up 9% on Monday.
The market's new highs show the historic bull market that began in 2009 is resuming its climb, technical analysts say.
Richard Branson-backed Virgin Galactic Holdings Inc started trading on the New York Stock Exchange on Monday, becoming the first space tourism company to hit public markets.
AT&T Inc on Monday unveiled a three-year strategic plan that included adding two new board members, selling off up to $10 billion worth of non-core businesses next year and paying off all its debt from the purchase of Time Warner, bowing to pressure from activist investor Elliott Management.
The head of the U.S. Federal Aviation Administration (FAA) on Monday made a broad appeal for the airline industry to focus on safety, one day before the first anniversary of a deadly crash involving Lion Air and a Boeing 737 MAX plane that cost hundreds of lives.
The benchmark S&P 500 index hit a record high on Monday as a possible trade deal between the U.S. and China, and rising bets on a third rate cut by the Federal Reserve, bolstered investor optimism.
Finextra | Oct 25, 2019 Where selling trust with a brand was once the key point of distinction for effective marketing in the fintech space, streamlining user experience through product simplicity now leads the way in superior branding strategy. With Money2020 set to launch in Las Vegas on Sunday, Finextra spoke with UK challenger Starling
Oil prices rose on Monday on hopes for a Sino-American trade deal but gains were capped by weak Chinese industrial data.
Lebanese banks said on Monday they would ensure public sector workers were paid their salaries as they remain closed by a wave of protests against politicians blamed for corruption and steering Lebanon toward economic collapse.
U.S. President Donald Trump said on Monday he expected to sign a significant part of the trade deal with China ahead of schedule but did not elaborate on the timing.
Google owner Alphabet Inc has made an offer to acquire U.S. wearable device maker Fitbit Inc , as it eyes a slice of the crowded market for fitness trackers and smartwatches, people familiar with the matter said on Monday.