By Krystal Hu (Reuters) – JPMorgan Chase & Co is launching a platform that aims to connect startup founders with…
Analysis-Goldman Sachs’ consumer pivot solves one question, but makeover raises more
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Goldman Sachs Group Inc’s strategy pivot has solved one problem…
Investor Elliott takes stake in Germany’s Fresenius – source
FRANKFURT (Reuters) -Elliott Investment Management has taken a stake in Fresenius SE, a person familiar with the matter told Reuters…
Spirit Airlines shareholders vote in favor of $3.8 billion JetBlue merger
(Reuters) – Shareholders of U.S. carrier Spirit Airlines Inc on Wednesday voted in favor of JetBlue Airways Corp’s $3.8 billion…
Abbott’s weak medical device sales, China impact drag shares down nearly 7%
(Reuters) – Abbott Laboratories on Wednesday reported lower-than-expected growth in international medical device sales, hit by a strong dollar and…
Baker Hughes taps Newmont’s Nancy Buese as finance chief
(Reuters) – Baker Hughes Co said on Wednesday that Nancy Buese will replace Brian Worrell as the chief financial officer…
Italy budget watchdog sees GDP shrinking by 0.2% in third quarter
ROME (Reuters) – The Italian economy is set to shrink by 0.2% in the third quarter of the year, the…
U.S. stocks price in recession risk more than other assets, says Citi
(Reuters) – U.S. equities have priced in the most recession risk compared with other assets, Citigroup researchers said, warning that…
Uber looks to boost digital ad revenue with new advertising division
(Reuters) – Uber Technologies Inc has launched a new advertising division as the ride-hailing firm looks to diversify its revenue…
Germany to spend 6.3 billion euros on push for electric car charging points
By Markus Wacket and Ilona Wissenbach BERLIN/FRANKFURT (Reuters) – The German government approved a plan on Wednesday to spend 6.3…