LVMH confirms talks over possible acquisition of jeweler Tiffany
France's LVMH on Monday confirmed it had approached U.S. jeweler Tiffany & Co over a possible acquisition, in what would be the Louis Vuitton owner's biggest purchase to date.
France's LVMH on Monday confirmed it had approached U.S. jeweler Tiffany & Co over a possible acquisition, in what would be the Louis Vuitton owner's biggest purchase to date.
Asian shares rose to a three-month high on Monday, as risk assets got a fillip from hopes of a trade deal and strong U.S. corporate earnings, while major currencies marked time as focus shifted to a Federal Reserve rate decision.
The largest banking lenders to the oil and gas sector are becoming more cautious, marking down their expectations for oil and gas prices that underpin loans in a move expected to put further financial stress on struggling producers, industry and banking sources said.
Thailand's Siam Cement Pcl's (SCG) packaging subsidiary is planning a local listing, in a float that is set to raise about $1 billion, two sources with knowledge of the matter said.
After strong gains last week, oil prices were slightly lower on Monday as data released in China reinforced signs that its economy is slowing, though progress in China-U.S. trade talks has supported prices.
Uber's move is the latest sign that tech giants are looking to make inroads into finance.
CNBC's Jim Cramer breaks down what's driving the market toward all-time highs, explains what the $10 billion JEDI contract means for Microsoft's cloud services and lays out the signs of the strong consumer economy.
Oil prices slipped on Tuesday as investors awaited U.S. crude inventory data for a pointer on oil demand trends, while concerns about slower economic growth overshadowed signs of a thawing in the trade war between Washington and Beijing.
Australia's consumer regulator filed a lawsuit against Alphabet Inc's Google on Tuesday, alleging it misled consumers about how it was collecting, storing and using personal location data.
Shares of bankrupt California power utility PG&E Corp extended losses on Monday as investors worried that its equipment might be responsible for wildfires spreading in northern California.
Asian shares scaled a three-month high on Tuesday after Wall Street hit all-time peaks amid hopes of progress in Sino-U.S. trade talks and for another dose of policy stimulus from the Federal Reserve this week.
Oil prices edged lower in quiet trade on Tuesday as concerns about slower economic growth overshadowed signs of a thawing in the trade war between Washington and Beijing, while investors awaited U.S. inventory data.
Google parent Alphabet Inc reported quarterly results on Monday that show costs continue to rise faster than revenue as the web search leader seeks to broaden its business, dampening Wall Street's enthusiasm despite Google's continued dominance in advertising sales.
General Motors Co , Toyota Motor Corp , Hyundai Motor Co , Fiat Chrysler Automobiles NV and other major automakers are siding with the Trump administration in its bid to bar California from setting its own fuel efficiency rules or zero-emission vehicles requirements.
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) and smaller contract chipmaking rival GlobalFoundries Inc on Monday agreed to dismiss all patent litigations between themselves and those that involve their customers.