Reuters

Delta Air Lines looks to strengthen global partnerships

Delta Air Lines Inc (DAL.N) is hoping to strengthen partnerships with carriers in South Korea, Mexico and Brazil, and it has been approached about investing in Japan's bankrupt Skymark Airlines, Delta's president Ed Bastian told reporters Monday.

Read Full Article

GM CEO Barra says Fiat Chrysler chief sent email on possible merger

General Motors Co (GM.N) Chief Executive Officer Mary Barra said on Tuesday that Fiat Chrysler Automobiles NV (FCHA.MI) CEO Sergio Marchionne sent an email proposing a potential merger, and that GM's board gave "strong support" to her strategy of going it alone.

Read Full Article

Italy economy minister says confident Greece deal will come soon

Italian Economy Minister Pier Carlo Padoan said on Tuesday he was confident a deal would soon be found to keep Greece in the euro zone and even if it did exit, the currency bloc was now much better placed to withstand the shock.

Read Full Article

HSBC to cut 50,000 jobs in quest for higher dividends

HSBC (HSBA.L) pledged a new era of higher dividends on Tuesday, laying out plans to slash nearly one in five jobs and shrink its investment bank by a third to combat sluggish growth across its sprawling empire.

Read Full Article

U.S. rate prospects spook global stocks, dollar struggles

Shares in Europe and Asia fell on Tuesday as speculation intensified that the Federal Reserve could raise U.S. interest rates sooner than many expect, although this failed to give the dollar a significant boost.

Read Full Article

CEOs temper U.S. economic growth outlook for 2015: survey

U.S. chief executive officers have become a bit more pessimistic in their outlook for the American economy in 2015 and fewer of them expect to increase sales, investment and hiring this year, a quarterly business group survey said on Monday.

Read Full Article

Apple muscles into streaming music market

Apple launched Apple Music on Monday, a $9.99-a-month streaming music service that may not differ dramatically from competitors but comes with Apple's deep music roots, global brand and hundreds of millions of iTunes customers.

Read Full Article

Wall Street falls on Greece, rate hike concerns

U.S. stocks ended lower on Monday afternoon as investors worried about Greece and mulled the prospect of the Federal Reserve raising interest rates as early as September.

Read Full Article

Taiwan's Innolux looks to invest in India with Hon Hai

Taiwanese panel display maker Innolux Corp (3481.TW) is looking at investing in India to expand into the subcontinent with its biggest shareholder and key supply chain client Hon Hai Precision Industry Co Ltd (2317.TW), a senior executive said.

Read Full Article

Apple expected to focus on watch, music at developer conference

Apple is expected to unveil a new music service and better tools to build apps for its smartwatch at its annual gathering of developers in San Francisco on Monday.

Read Full Article

Dollar shines as jobs report supports case for Fed hike in Sept

The dollar held firm in early Asia on Monday, trading near 13-year highs against the yen after strong U.S. employment data bolstered expectations for an interest rate hike by the Federal Reserve before year-end.

Read Full Article

German yields rise again, stocks dip

More sales of German government bonds weighed on European stock markets on Monday, while the dollar retreated after a report - later denied - that President Barack Obama had expressed concern over its strength after a year-long rally.

Read Full Article

Shire considers takeover of Swiss biotech group Actelion: Sunday Times

Pharmaceutical company Shire (SHP.L) is considering a 12 billion pound ($18.32 billion) takeover of Actelion Ltd (ATLN.VX) Europe's biggest biotech firm, Britain's Sunday Times newspaper reported, citing unnamed sources.

Read Full Article

GE close to selling private equity lender to top Canada pension fund

General Electric Co is nearing an agreement to sell its private equity lending unit to the Canada Pension Plan Investment Board, Canada's biggest pension fund, according to a source familiar with the matter.

Read Full Article

American Airlines CEO cites capacity growth risks

American Airlines Group Inc Chief Executive Doug Parker voiced concern on Sunday about the risk that capacity growth among airlines could depress profits, but told Reuters that in contrast with past cycles, the rise in capacity "feels different."

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics