Infineon has agreed to buy Cypress Semiconductors in a deal that values the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion) including debt, sending shares in the German company lower on concerns over the cost.
Goldman Sachs Group Inc said on Monday that West Street Capital Partners VII, a fund managed by the company's merchant banking unit, will acquire Capital Vision Services LP, to bolster their portfolio in the healthcare services sector.
Investors sought the safety of government bonds, the yen, the Swiss franc and gold on Monday, as rising trade tensions dented stocks again and pushed oil close to bear market territory.
Korean Air Lines Co Ltd's chief executive on Monday said ownership discussions are ongoing with family members after their patriarch's sudden death in April raised questions about the future of the airline and parent Hanjin Group.
Azerbaijan airline AZAL has canceled a $1 billion contract with Boeing to purchase 10 737 MAX jets, a spokesman said on Monday, following the fatal crashes involving the aircraft in Ethiopia and Indonesia.
Oil prices plunged by more than 1.5% to below $61 a barrel on Monday, extending last week's heavy losses as deepening U.S. trade wars fanned fears of a global economic slowdown.
A kilo of vanilla beans costs more than a kilo of silver.
Glencore's head of oil, Alex Beard, who helped make the firm one of the world's top three oil trading houses, will retire this month, the company said on Monday in yet another management shake-up amid U.S. probes into its activities.
Oil prices held steady on Monday following last week's heavy losses, as deepening U.S. trade wars fanned fears of a global economic slowdown but top oil exporter Saudi Arabia sought to calm markets.
New Companies for Week Ending 6/2/2019
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Funding Report for Week Ending 6/2/2019
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Mexico can reach an agreement with the United States to resolve a dispute over migration that prompted U.S. President Donald Trump to threaten punitive tariffs, Mexican officials said on Monday as diplomatic talks were set to begin in Washington.
The U.S. Supreme Court on Monday rejected an appeal by Mathew Martoma, a former portfolio manager for billionaire Steven A. Cohen, challenging a conviction for insider trading.
Germany's Infineon has agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, in an expensive move by Europe's largest chip-maker to expand further in next-generation automobiles and Internet technologies.
The U.S. Supreme Court on Monday agreed to weigh whether managers of a retirement fund for IBM Corp employees that invested in the company's stock can be sued for failing to disclose that its microelectronics business was overvalued.