DP World returns to full state ownership, takes on $8.1 billion debt
DUBAI (Reuters) – Dubai is to take full control of port operator DP World <DPW.DI> in a deal with a $13.9 billion valuation that will help the company at the … Read More
Chinese support measures buoy world stocks
By Ritvik Carvalho LONDON (Reuters) – Global shares were buoyant on Monday as the promise of further policy stimulus from China to counteract the economic hit from a coronavirus outbreak … Read More
Facebook sees risks to innovation, freedom of expression ahead of EU rules
By Foo Yun Chee BRUSSELS (Reuters) – Facebook warned of threats to innovation and freedom of expression on Monday, ahead of the release of a raft of rules by the … Read More
Alstom in talks over $7 billion Bombardier rail deal
By Sudip Kar-Gupta PARIS (Reuters) – France’s Alstom <ALSO.PA> is in talks to buy the train business of Canada’s Bombardier <BBDb.TO> in a potential $7 billion deal that marks the … Read More
Oil prices steady as coronavirus-related demand concerns weigh
By Noah Browning LONDON (Reuters) – Oil prices were little changed on Monday as concerns over the economic fallout from the coronavirus outbreak in China were offset by hopes that … Read More
WTO gives somber goods trade outlook, sees virus threat
BRUSSELS (Reuters) – Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance … Read More
Euro struggles near three-year low as traders fret about economic slowdown
LONDON (Reuters) – The euro struggled near 3-year lows on Monday as investors worried about weakening growth in the region, while Chinese efforts to limit the damage from a coronavirus … Read More
Alibaba offers $2.86 billion in loans to firms hit by coronavirus outbreak
(This Feb 10 story refiles to add bylines) SHANGHAI (Reuters) – Alibaba Group Holdings <BABA.N> said on Monday its affiliate Ant Financial’s MYBank unit would offer 20 billion yuan ($2.86 … Read More
Britain doesn’t need anything special from EU trade deal – PM Johnson’s spokesman
LONDON (Reuters) – Britain does not need any special arrangements in its future relationship with the European Union, Prime Minister Boris Johnson’s spokesman said on Monday, adding that it wants … Read More
Euro zone to cautiously pave the way for more fiscal stimulus
BRUSSELS (Reuters) – Euro zone finance ministers are set to discuss on Monday a document that calls for a more growth-friendly fiscal policy, a move that could lead to Germany’s … Read More