Catalan corporate property market cools on political uncertainty Global pension funds, insurers and other investors are holding back on buying office space in Catalonia due to fears a split from Spain could lead to an exodus of business from the region. Corporate property in the wealthy northeast and its capital […]
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Shareholder Deason sues Xerox in U.S. to block Fujifilm deal Xerox Corp (XRX.N) shareholder Darwin Deason asked a court on Tuesday to block the company’s merger with Japan’s Fujifilm Holdings Corp (4901.T), claiming the U.S. photocopier maker’s board failed shareholders by approving a deal that undervalues the company. The lawsuit […]
Waymo accepts $245 million and Uber’s ‘regret’ to settle self-driving car dispute Uber Technologies Inc [UBER.UL] will pay $245 million worth of its own shares to Alphabet Inc’s Waymo self-driving vehicle unit to settle a legal dispute over trade secrets, allowing Uber’s chief executive to move past one of the […]
Senate Democrats: Tax cuts benefit shareholders over workers U.S. Senate Democrats on Wednesday said corporations are funneling savings from December’s sweeping Republican tax overhaul into nearly $100 billion in share buyback programs that promise little benefit to American workers. In a report unveiled weeks after President Donald Trump enacted the […]
U.S. regulators may ask Congress for virtual currency legislation U.S. regulators may ask Congress to pass legislation to improve oversight of virtual currencies like bitcoin amid concerns about the risks posed by the emerging asset class, the head of the Securities and Exchange Commission said on Tuesday. The comments by […]
Strategists still see year-end gains in U.S. stocks despite selloff The 4.5 percent drop in the benchmark S&P 500 over the last five days has not dented strategists’ expectations for mild to moderate gains in the U.S. stock market by the end of the year, with corporate earnings and interest […]
Amazon stock market value on verge of eclipsing Microsoft Amazon.com Inc’s shares surged on Friday, pushing its stock market value above $700 billion and threatening to eclipse Microsoft Corp, a day after the online retailing behemoth reported blockbuster results. Amazon’s stock was up 3.7 percent at $1,441 per share in […]
Cautious Fed lifts stocks to record high, investors eye earnings boost Cautious Fed lifts stocks to record high, investors eye earnings boost:- Global stocks scaled record highs on Friday, with Asian equities rising for the fifth straight session, as signs the Federal Reserve will pursue a gradual rate tightening path […]
Fed Williams pushes new approach to U.S. inflation goal One of the Federal Reserve's experts on navigating a world of low inflation and economic growth said on Friday the U.S. central bank should seriously consider ditching its old policy framework for a new approach to hitting its price-level goal. In […]
VW in talks with Exxon, Gazprom on gas-powered cars Mueller on ORF Volkswagen (VOWG_p.DE) is in talks with Exxon Mobil Corp (XOM.N) and Gazprom (GAZP.MM) to back its efforts to promote cars running on natural gas, Chief Executive Matthias Mueller told Austria's ORF radio. Europe's biggest carmaker is working on […]
