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CA Governor proposes funds for wildfire liabilities, PG&E shares jump

15-04-2019

On Friday, the 12th of April 2019, the Governor of California, Gavin Newson had submitted a proposal, suggesting that a new fund could have been launched to pay for the wildfire liabilities

China’s JD.com boss criticizes “lazybones” as company makes heavy cuts

15-04-2019

On Friday, the founder of Chinese e-commerce giant JD.com Inc., also goes by the name of Jingdong and formerly was called 360buy, Richard Liu had fanned the flames of an ongoing debate on Chinese tech industry’s overtime culture

G-20 calls for commercial truce amid cooling global economy

15-04-2019

On Friday, the 12th of April 2019, the financial leaders of G-20 nations had urged countries to resolve their deep differences in trade and opted for cross-border cooperation alongside a timely political action

FAA meets with major US airlines, pilot unions on Boeing MAX grounding

15-04-2019

On Friday, the 12th of April 2019, the Federal Aviation Administration of United States had been in a tentative talk with representatives from three major US airlines and their pilot unions, which grounded Boeing 737 Max aircrafts

Facebook spends $22.6 million on Zuckerberg’s safety

15-04-2019

On Friday, the 12th of April 2019, a regulatory filing had revealed that the social media giant, Facebook Inc. had nearly doubled up the money they had spent on CEO Zuckerberg’s safety in 2018 to $22.6 million

Bristol-Myers says shareholder vote to approve Celgene takeover

15-04-2019

On Friday, the 12th of April 2019, Shareholders of Bristol-Meters Squibb Co. had approved the company’s acquisition of Biotech Celgene Corp. at a $74 billion takeover deal, despite a dispute campaign

EU retaliatory tariffs to target 20 billion euros of US import

15-04-2019

The European Union Commission had pulled up a list of US imports worth of $22.6 billion (20 billion euros), which it would likely to hit with an additional retaliatory tariff to answer Trump administration’s added tariff on $11 billion worth of EU goods

Campbell to sell Bolthouse Farms for $510 million

15-04-2019

On Friday, the 12th of April 2019, the Campbell Soup Co. had issued a statement saying that the high-rated processed food business would sell its Bolthouse Farms subsidy

Merck KGaA seals $6.5 billion Versum takeover deal

15-04-2019

On Friday, the 12th of February 2019, German drugmaker, Merck KGaA sealed a $6.5 billion acquisition deal of Versum Materials, after the company had agreed to overturn its previous merger deal with rival Entegris.

Chevron to purchase Anadarko for $33 billion as a shale, LNG push

14-04-2019

On Friday, the Chevron Corp., an American multinational energy corporation headquartered in California, had said that they would purchase the gas and oil producer, Anadarko Petroleum Corp at a $33 billion cash-and-stock deal

Disney share hits all-time-high on streaming plans, Netflix nudged lower

14-04-2019

On Friday, shares of Walt Disney Co. breached a record-breaking all-time-high after Wall Street analysts had suggested that its aggressive pricing would help its new video streaming service to better compete with Netflix Inc.

Mexico, US business leaders unite to repel Trump’s border closure threat

14-04-2019

On Friday, the 12th of April 2019, the US and Mexican business leaders had fended off US President Donald Trump’s threat to close the Mexico-US border.

Bezos challenges retail rivals to raise minimum wage to $16/hour

14-04-2019

On Thursday, billionaire Jeff Bezos had called for a shoulder-to-shoulder challenge against his rival retailers to increase their minimum wages to $16 per hour, surpassing Amazon’s minimum hourly payout

Anti-Uber protest rages in Argentina, as Uber prepares for IPO filing

14-04-2019

On Thursday, taxi drivers of Buenos Aires, Argentina, had blocked the streets to protest against Uber, commenting the latest anti-Uber protest after identical incidents had been observed over the streets of Madrid and Barcelona last month

French court finds Bayer’s Monsanto weedkiller liable for farmer’s sickness

13-04-2019

On Thursday, the 11th of April 2019, a French court had ruled that the Bayer AG’s Monsanto was liable for a farmer’s sickness who accidentally had inhaled one of its weedkillers back in 2004

Apple in Dutch anti-trust spotlight on alleged promotion of own apps

13-04-2019

On Thursday, the 11th of April 2019, Apple Inc., the iPhone maker, who had already been a subject to a stack of EU antitrust criticisms, became a target of Dutch investigators over alleged favoring of its own apps on Apple Store

EU paves way to set off formal trade talk with United States

13-04-2019

On Thursday, the 11th of April 2019, EU had been given initial clearance to begin formal trade talk with United States in order to avert another series of trade clash

Newmont shareholders approve $10 billion Goldcorp takeover

13-04-2019

On Thursday, the 11th of April 2019, Shareholders of Colorado-based Newmont mining corp., had approved the company’s acquisition of Goldcorp Inc. at a $10 billion takeover deal, setting the stages for creating the world’s largest gold producer

US charges drugmaker Indivior, Reckitt over opioid healthcare fraud

13-04-2019

On Wednesday, the 10th of April 2019, the US Justice Department had accused the British drugmaker, Indivior Plc of illegally boosting prescriptions for its smash hit opioid addiction treatment Suboxone.

Brazil to file criminal charge against iron ore miner Vale on dam collapse

13-04-2019

Brazilian Prosecutors had been planning to bring criminal charges against Brazilian miner Vale SA, the largest producer of iron ore and nickel in the world, alongside its employees, over a catastrophic collapse of a mine-waste dam in mid-January

Saudi Aramco bonds’ moderate gains suggest demand was over-whistled

12-04-2019

On Wednesday, the 10th of April 2019, Saudi Aramco’s bond had made a debut in the international market with $12 billion bonds booked at modest gains, after around $100 billion in orders

Airbus names former Deutsche Telekom boss as next Chair

12-04-2019

On Wednesday, the 10th of April 2019, the Netherland-based aircraft maker, Airbus, had nominated former Deutsche Telekom boss, Germany’s Rene Obermann, 56, as its new Chairman

EU & PM May extend Brexit pause to October 31st

12-04-2019

On Wednesday, after a tentative talk between the leaders of European Union over an emergency summit of EU, a 28-nation pact of European nations including United Kingdom, the EU leaders had agreed to proffer PM May a new Brexit deadline of October 31st

Uber plans to sell around $10 billion worth of stock in IPO

12-04-2019

Ahead of an initial public offering scheduled to be kicked off as early as at early May, ride hailing giant, Uber Technology Inc., had decided to sell a lump-sum of $10 billion worth of stocks at its public appearance debut

Nissan's former boss Ghosn’s wife returns to China to testify

12-04-2019

Ousted and detained, former Nissan boss and Chair of Nissan-Mitsubishi-Renault alliance, Carlos Ghosn’s wife returned to Japan on Wednesday

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