US sues to block merger of Coach and Michael Kors handbag makers
By Abigail Summerville, Granth Vanaik and Jasper Ward
US Stock Reports, Quotes and News
By Abigail Summerville, Granth Vanaik and Jasper Ward
Investing.com– Salesforce Inc (NYSE:CRM) has failed to reach an agreement to take over data-management software firm Informatica Inc (NYSE:INFA) after the two could not agree to a price, reports from the Wall Street Journal and Reuters showed on Sunday.
(Reuters) – Australian financial conglomerate Macquarie Group (OTC:MQBKY) said on Monday its banking and financial services unit will stop new car loans through direct, broker and novated lease channels in a bid to prioritise growth of home loan and deposit offerings.
By Phuong Nguyen and Francesco Guarascio
By Lewis Krauskopf and Saqib Iqbal Ahmed
A look at the day ahead in European and global markets from Kevin Buckland
By Tommy Wilkes, Tom Sims and Jesús Aguado
(Reuters) – Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday.
In the first quarter, China\’s sovereign fund, Central Huijin Investment, made significant purchases of blue-chip stocks to support the country\’s faltering stock market, buying over 300 billion yuan ($41.42 billion) worth of exchange-traded funds (ETFs).
Tesla (NASDAQ:TSLA) has announced fresh price cuts in several key markets, including China and Germany, days after similar reductions in the United States, as the company continues to struggle amid declining sales and increasing competition in the electric vehicle (EV) market.
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