Cisco Systems Inc’s (CSCO.O) first-quarter profit forecast fell short of estimates on Wednesday, with the network gear maker warning that supply chain issues would continue to drive up component costs and delivery backlogs.
After an August in which stock markets have repeatedly hit record highs, the mood music turned decisively more sombre on Thursday, led by a late slump in U.S. stocks which cascaded into already jittery Asian markets.
CME Group Inc (CME.O), the world’s biggest futures exchange operator, on Wednesday denied a media report that it approached rival Cboe Global Markets Inc (CBOE.Z), home to the VIX volatility index, with a $16 billion all-share takeover offer.
The S&P 500 and the Dow industrials fell modestly on Wednesday after the release of minutes from the Federal Reserve’s policy meeting last month showed officials felt the employment benchmark for decreasing support for the economy “could be reached this year.”
An historic benefits package at BHP’s (BHP.AX) sprawling Escondida copper mine has raised the prospect for tough new negotiations and strikes at mines around the country, workers and analysts told Reuters.
A.P. Moller-Maersk (MAERSKb.CO) said on Wednesday it had signed a contract securing green methanol as the world’s largest shipping firm gears up to operate its first carbon-neutral ship in 2023.
Binance said on Wednesday it had appointed a former U.S. Treasury criminal investigator as its global money laundering reporting officer, part of an attempt by one of the world’s largest crypto exchanges to reinvent itself as a regulated financial firm.
Cigarette maker Philip Morris International (PMI) (PM.N) said on Wednesday shareholders holding 22.61% of Vectura (VEC.L) shares had tendered their stock to the tobacco group as part of its deal to buy the asthma drug maker for 1.1 billion pounds ($1.51 billion).
China’s Tencent Holdings (0700.HK) said on Wednesday that the internet industry should brace for more regulations and uncertainty, but it believed Beijing ultimately wanted to forge a long-term sustainable path for the sector.
Nearly a hundred highly paid bankers left Britain ahead of its departure from the European Union, the bloc’s banking watchdog said on Wednesday, the latest confirmation of how Brexit has reshaped Europe’s financial sector and its tax base.
Cisco Systems Inc’s (CSCO.O) first-quarter profit forecast fell short of estimates on Wednesday, with the network gear maker warning that supply chain issues would continue to drive up component costs and delivery backlogs.
After an August in which stock markets have repeatedly hit record highs, the mood music turned decisively more sombre on Thursday, led by a late slump in U.S. stocks which cascaded into already jittery Asian markets.
CME Group Inc (CME.O), the world’s biggest futures exchange operator, on Wednesday denied a media report that it approached rival Cboe Global Markets Inc (CBOE.Z), home to the VIX volatility index, with a $16 billion all-share takeover offer.
The S&P 500 and the Dow industrials fell modestly on Wednesday after the release of minutes from the Federal Reserve’s policy meeting last month showed officials felt the employment benchmark for decreasing support for the economy “could be reached this year.”
An historic benefits package at BHP’s (BHP.AX) sprawling Escondida copper mine has raised the prospect for tough new negotiations and strikes at mines around the country, workers and analysts told Reuters.
A.P. Moller-Maersk (MAERSKb.CO) said on Wednesday it had signed a contract securing green methanol as the world’s largest shipping firm gears up to operate its first carbon-neutral ship in 2023.
Binance said on Wednesday it had appointed a former U.S. Treasury criminal investigator as its global money laundering reporting officer, part of an attempt by one of the world’s largest crypto exchanges to reinvent itself as a regulated financial firm.
Cigarette maker Philip Morris International (PMI) (PM.N) said on Wednesday shareholders holding 22.61% of Vectura (VEC.L) shares had tendered their stock to the tobacco group as part of its deal to buy the asthma drug maker for 1.1 billion pounds ($1.51 billion).
China’s Tencent Holdings (0700.HK) said on Wednesday that the internet industry should brace for more regulations and uncertainty, but it believed Beijing ultimately wanted to forge a long-term sustainable path for the sector.
Nearly a hundred highly paid bankers left Britain ahead of its departure from the European Union, the bloc’s banking watchdog said on Wednesday, the latest confirmation of how Brexit has reshaped Europe’s financial sector and its tax base.
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