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SAP in three-year cloud partnership with Microsoft

October 21, 2019 by cbn Leave a Comment

SAP in three-year cloud partnership with Microsoft

Business software group SAP said on Monday it had reached a three-year deal with Microsoft to help its large enterprise customers move their business processes into the cloud.

Filed Under: Financial Planning

Unizo keeps door open for Blackstone, Fortress talks

October 21, 2019 by cbn Leave a Comment

Unizo keeps door open for Blackstone, Fortress talks

Unizo Holdings said Monday it would continue talks with Blackstone Group and SoftBank-backed Fortress Investment Group on a potential takeover, raising the possibility of a bid battle between the two global buyout firms.

Filed Under: Financial Planning

Trump hopes U.S.-China trade deal will be signed by middle of November

October 19, 2019 by cbn Leave a Comment

Trump hopes U.S.-China trade deal will be signed by middle of November

U.S. President Donald Trump on Friday said he thinks a trade deal between the United States and China will be signed by the time the Asia-Pacific Economic Cooperation meetings take place in Chile on Nov. 16 and 17.

Filed Under: Financial Planning

China says will work with the U.S. to address each other’s core concerns

October 19, 2019 by cbn Leave a Comment

China says will work with the U.S. to address each other’s core concerns

Chinese Vice Premier Liu He said on Saturday that China will work with the United States to address each other’s core concerns on the basis of equality and mutual respect, and that stopping the trade war would be good for both sides and the world.

Filed Under: Financial Planning

Exclusive: Huawei in early talks with U.S. firms to licence 5G platform – Huawei executive

October 19, 2019 by cbn Leave a Comment

Exclusive: Huawei in early talks with U.S. firms to licence 5G platform – Huawei executive

Blacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some U.S. telecoms companies about licensing its 5G network technology to them, a Huawei executive told Reuters on Friday.

Filed Under: Financial Planning

India to borrow gross 2.68 trillion rupees during October-March

September 30, 2019 by cbn Leave a Comment

India to borrow gross 2.68 trillion rupees during October-March

India will borrow gross 2.68 trillion rupees ($37.82 billion) from the market between October and March through dated securities, Economic Affairs Secretary Atanu Chakraborty said on Monday.

Filed Under: Financial Planning

Exclusive: Nasdaq cracks down on IPOs of small Chinese companies

September 29, 2019 by cbn Leave a Comment

Exclusive: Nasdaq cracks down on IPOs of small Chinese companies

Nasdaq Inc is cracking down on initial public offerings (IPOs) of small Chinese companies by tightening restrictions and slowing down their approval, according to regulatory filings, corporate executives and investment bankers.

Filed Under: Financial Planning

Trump considers delisting Chinese firms from U.S. markets: sources

September 28, 2019 by cbn Leave a Comment

Trump considers delisting Chinese firms from U.S. markets: sources

President Donald Trump’s administration is considering delisting Chinese companies from U.S. stock exchanges, three sources briefed on the matter said on Friday, in what would be a radical escalation of U.S.-China trade tensions.

Filed Under: Financial Planning

FTC requests AbbVie, Allergan for more information on $63 billion deal

September 27, 2019 by cbn Leave a Comment

FTC requests AbbVie, Allergan for more information on $63 billion deal

The U.S. Federal Trade Commission (FTC) has requested for more information from AbbVie Inc and botox maker Allergan Plc on their $63 billion (51 billion pounds) deal, the companies said on Friday.

Filed Under: Financial Planning

Global Markets: U.S. stocks, bond yields slip on report against Trump

September 26, 2019 by cbn Leave a Comment

Global Markets: U.S. stocks, bond yields slip on report against Trump

U.S. stocks and government debt yields fell on Thursday after the release of a whistleblower complaint that accused President Donald Trump of pressing Ukraine to investigate one of his main political rivals in next year’s U.S. presidential election.

Filed Under: Financial Planning

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