Apple shares climb to 2% after Icahn-Cook dinner

News about a dinner meeting of billionaire activist investor Carl Icahn and Apple Inc chief executive Tim Cook prompted the tech giant's shares to increase by 2%.


Bank investors in limbo on new EU rules regarding bank bailouts

New EU rules had been set to be implemented in 2018 left investors uncertain of their next move. The European Commission had set a new framework for bank bailouts in July as taxpayers expressed outrage over using tax money to fund lenders in financial trouble.

Poland BGZ attracts bid from PZU-backed Alior

Market sources had told Reuters that Bank Gospodarki Żywnościowej (BGZ) SA would be getting a potential bid from PZU Group-backed Alior, a Polish lender.

China eases foreign bank regulations in newly-opened Shanghai free trade zone

The Chinese government would be easing regulations for foreign lenders seeking to do business in the newly-opened Shanghai free trade zone.


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On Friday, the New York bourse saw an increase in trading of Potbelly Corp's shares after its public listing launch.
Avaya Inc had explored a sale earlier this year instead of taking the company private, said a Reuters report.
According to a report from Reuters, bad publicity would cause a great impact on an upcoming deal as stated in the Journal of Financial Economics by Baixiao Liu and John McConnell.
Twitter Inc's prospectus filing on Thursday revealed its reliance in influential users like celebrities to be more relevant.
Shareholder Marvin Pearlstein filed a lawsuit against Blackberry Ltd and its top executives for providing false information about the company's financial position and business growth of its newest smartphone line.
Sources told Reuters that Silver Lake and TPG Capital LP, owners of hardware and software giant Avaya Inc, were contemplating on a sale of the company after plans for a public listing fizzled out.
Susan Bennett said she revealed her identity after the release of a Verge video showing people's interest in the voice behind Apple Inc's voice app Siri.
Google, SAP and Cisco had been in discussions to possible acquire struggling smartphone maker BlackBerry, said a Reuters report.
French clothing retailer Vivarte had been in discussions regarding a possible reset of its loan agreements to make its EUR2 billion debt easier to manage, said a Reuters report.
The withdrawal of Carl Icahn's threat to have a court declared valuation is a sign that the billionaire investor's short term goals.