Financial Times

Investors dealing with uncertainty over the presidential elections should consider parking funds in Japanese Yen, Goldman Sachs Group Inc (NYSE: GS) co-head of global foreign exchange and emerging markets strategy, Zach Pandl, said in an interview to CNBC Street Signs Asia. In...

Senior sources in the British government expect a verdict on Pfizer Inc's (NYSE: PFE) COVID-19 vaccine results, before AstraZeneca Plc's (NASDAQ: AZN) trials, according to a report from the Sunday Times. What Happened: Pfizer's vaccine is being...

Tiffany & Co (NYSE: TIF) shares were trading higher Wednesday on reports the company is nearing a new M&A agreement with LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY). Tiffany is close to a new agreement that calls for LVMH to pay $131.50 per share for the company —...

Beijing has massive ambitions for electric vehicles (EV), and it seeks 25% of all car sales in the country to be EVs by 2025, Financial Times reports. In 2019, China sold 1.2 million EVs, accounting for more than half of global sales. The China Association of Automobile Manufacturers...

Tech stocks have seen a correction in September with the Nasdaq 100 index declining 5.7%, the biggest pullback since coronavirus led decline March. However, history suggests that tech stocks could rebound to new highs in 2021 according to UBS analysis, reports the Financial Times. UBS...

China is set to expand its experimental coronavirus vaccine program to large portions of the population to distribute and test products before hitting global markets, the Financial Times reports. What Happened: The Chinese government's experimental coronavirus vaccine...

Iconic U.S. motorcycle brand Harley-Davidson Inc (NYSE: HOG) has decided to exit India - the world's largest motorcycle market, as a part of its "Rewire" strategy of having a leaner operating model. What Happened: Harley had been struggling to make in-roads in India's motorcycle...

Global beer giant Anheuser Busch Inbev NV (NYSE: BUD) is searching for a new CEO and may pick someone from outside the company, Financial Times reported. What Happened: Carlos Brito's reign as CEO of Budweiser and Stella Artois' parent company seems to be coming to an end after a decade-and...

Tech company Oracle Corporation (NYSE: ORCL) is reportedly interested in joining a bidding war to acquire TikTok and close observers are scrambling to figure out why. A Surprise Report: Financial Times reported Monday evening Oracle is competing with Microsoft Corporation (NASDAQ: MSFT) to buy the...

SoftBank Group Corp (OTC: SFTBY) posted $12 billion in first-quarter profit Monday, compared with a loss of nearly $13 billion in the same period a year ago. Results Beat Expectations:  This was 71.4% above the $7 billion S&P Global Market Intelligence had forecasted, Financial Times...

Activist investor ValueAct Capital is shedding its entire stake in Rolls-Royce Holdings plc (OTC: RYCEY), Financial Times reported late Thursday.  What Happened: The California-based hedge fund, the largest stakeholder in the United Kingdom-based airplane engine company,...

Microsoft Corporation (NASDAQ: MSFT) is looking to buy all of TikTok’s global operations, and not just in four countries as previously indicated, according to a Financial Times report Thursday. What Happened The Redmond, Washington-based company is looking to scoop up the short-form...

Alphabet Inc’s  (NASDAQ: GOOGL) (NASDAQ: GOOG) $10 billion bond sale held Monday, the first since 2016, achieved record-low borrowing costs for a company in the United States, the Financial Times reported. Debt Raised At Knockdown Rates  The tech titan sold bonds across six...

Apple Inc. (NASDAQ: AAPL) is facing a new antitrust complaint filed against it in the European Union — this time by messaging platform Telegram, the Financial Times reported Thursday. What Happened Telegram said that the Cupertino, California-based smartphone maker raised...

Moderna Inc (NASDAQ: MRNA) is looking to price its COVID-19 vaccine significantly ahead of rivals in between $50 and $60 per course, the Financial Times reported Wednesday. What Happened The Massachusetts-based biotechnology company is considering pricing a single dose of the...