Marriott global announced Monday it has struck a deal to purchase Starwood Hotels & Resorts Worldwide in a mostly stock sale worth about $12.2 billion.
Elsewhere, JD.com, a Chinese online direct sales company, said it saw a 130% increase in order during the Singles’ Day and a rise in GMV of 140% compared with past year.
In this transaction, 10,974 shares were sold at $36.51 per share. Following the completion of the transaction, the general counsel now owns 33,162 shares of the company’s stock, valued at approximately $1,259,824.38. In the last 12 weeks, the net change has been -19.33 %....
Caisse de dépôt et placement du Québec is acquiring a 30-per-cent stake in Bombardier Inc.’s (BBDb.TO) rail business for US$1.5-billion in a move aimed at bolstering the manufacturer’s financial stability.
Refugees fleeing war by the tens of thousands fear the Paris attacks could prompt Europe to close its doors, especially after police said a Syrian passport found next to one attackers body suggested its owner passed through Greece into the European Union and on through Macedonia...
“This historic diamond recovery puts Lucara and the Karow mine among a select number of truly exceptional diamond producers”, said William Lamb, president and CEO of Lucara.
“This undertaking is completely in line with Airbus Group’s legacy of developing innovations in flight”, said McArtor, “such as our current work on the Perlan Mission II glider – the world’s first engineless aircraft created to reach the edge...
Of course, these “sources” wouldn’t comment on release timing or which devices would come with the new feature, but as Samsung Pay struggles to gain footing in the competitive world of mobile payments, this could be exactly what the doctor ordered.
Its rival, TransCanada Corp., signalled that it, too, is getting set to announce more job cuts, adding to the gloom in the sector that has worsened as crude oil prices have been depressed for more than a year.
The consumer-price index, which measures what Americans pay for everything from medical services to meat, rose a seasonally adjusted 0.2% in October, after two months of declines, the Labor Department said Tuesday.
“Inflation expectations appear to be rising on the whole from a somewhat longer-term perspective, although a few indicators have recently shown relatively weak developments”, it said in the dry, carefully phrased language of global central banks.
Mumbai: RBI employees will go on a day’s mass casual leave on Thursday to protest the government’s move to relieve the central bank of a few of its vital operations “in the name of the draft financial code and legislative reforms”.
Richmond Fed President Jeffrey Lacker (http://www.marketwatch.com/story/fed-still-has-ability-to-influence-inflation-lacker-says-2015-11-12) also neglected to discuss interest rates in a speech made Thursday morning, Eastern Time. Federal Reserve officials have admitted that the...
While violence in the Middle East tends to push up oil prices, the attacks in Paris also raised concerns over France’s (and the EU’s) economy, which can have a depressing effect on oil prices.