Financial Times

SAP SE (NYSE: SAP) announced Sunday it is planning to take its experience management (XM) software unit Qualtrics public in the United States. What Happened The German multinational software corporation will hold on to the majority ownership of Qualtrics and said the primary objective for the...

NRG Energy Inc (NYSE: NRG) is purchasing Centrica plc’s (OTC: CPYYF) business in the United States for $3.6 billion in cash, the owner of British Gas announced Friday.  What Happened The sale of Direct Energy marks the end of Centrica’s international...

Facebook Inc (NASDAQ: FB) advertising boycott is likely to continue, Publicis Group S.A. (OTC: PGPEF) Chairman Arthur Sadoun said at the backdrop of the company reporting earnings for its second quarter this financial year. What Happened Publicis is the world’s third-largest...

Key Takeaways: Pause button pressed overnight as overseas stocks retreat Several Fed speakers scheduled today S&P 500’s streak of five-consecutive days of gains looks threatened (Tuesday Market Open) After starting the week with a long bomb, the market looks ready for a lateral today....

The Chinese government’s new national security law drew international pushback as it took effect Tuesday in Hong Kong. China says the law aims to prevent secession, terrorism, foreign interference and attempts to subvert state power — but critics say it undermines the former...

Coty Inc. (NYSE: COTY) has acquired a 20% stake in Kim Kardashian West's cosmetics line, according to a Financial Times report early Monday. What Happened The New York-based cosmetics veteran paid $200 million for the stake, valuing the brand KKW at $1 billion, the Financial Times reported...

Gilead Sciences, Inc. (NASDAQ: GILD) shares were trading lower Thursday after the Financial Times reported that the company ended a study on remdesivir in coronavirus in China due to low enrollment and said study results were inconclusive. Gilead took issue with the...

In a Financial Times interview, French President Emmanuel Macron has warned the European Union could collapse unless it embraces financial solidarity.  . Macron questioned China's handling of the coronavirus outbreak in the interview. The French president said it ...

The shares of Nissan Motor Co. Ltd. (OTC: NSANY) dropped to a decade low on Thursday after the company missed third-quarter earnings estimates and significantly cut its annual forecast for the financial 2019 year. What Happened Nissan, on Thursday, reported a net loss of $238 million...

ALLIANZ SE/ADR (OTC: ALIZY) Chief Economic Advisor Mohamed El-Erian wrote a Financial Times op-ed over the weekend and argued investors shouldn't buy any dip stemming from the coronavirus. On Monday, he was a guest on CNBC to further explain his thesis. Coronavirus Is Different,...

Billionaire investor Warren Buffett and his Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) turned down an opportunity to put some of its $128 billion in cash to use and buy jewelry company Tiffany & Co. (NYSE: TIF), the Financial Times reported. Buffett Passes On Tiffany Buffett has a...

Making a mark in the U.S. and Asia has long been a target for many European companies looking to expand their international profile. Unfortunately, many European asset management firms and banks struggle to expand their footprint stateside. A number of European fund houses have a meaningful...

The fighter jet is a military aircraft designed for air-to-air combat against other aircraft. Savvy investors on the prowl for investment opportunities in the space have a number of choices.  A number of firms dominate the sector, including Lockheed Martin Corporation (NYSE: LMT), General...

U.S.-based luxury jewelry retailer Tiffany & Co. (NYSE: TIF) has agreed to sell itself to LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) in a deal that was applauded by two experts. Tiffany Addresses LVMH's 'Weak Spot' LVMH boasts a lot of strength in ultra-high end...

China-based ByteDance, the owner of the app TikTok, said Tuesday that it has no immediate plans to go public in the first quarter of 2020 in Hong Kong, according to Reuters. The Financial Times reported Monday that ByteDance was planning a Hong Kong IPO as soon as the first quarter, citing two...