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Markets

Wall St. jumps as traders eye M&A and stimulus

Wall Street's main indexes rose on Monday as a rebound in multi-billion dollar deals, including Microsoft's pursuit of TikTok's U.S. operations, lifted sentiment in the absence of a fiscal coronavirus relief bill.

Markets

Trump: US should get ‘substantial portion’ of TikTok operations sale price

U.S. President Donald Trump said Monday the U.S. government should get a "substantial portion" of the sales price of the U.S. operations of TikTok and warned he will ban the service in the United States on September 15 without a sale.

Markets

Google to buy stake in ADT in home security push for US$450 million

Alphabet Inc's Google is buying a 6.6per cent stake in home security firm ADT Inc for US$450 million in a deal that will allow it to provide service to customers of its Nest home security devices.

Markets

General Motors asks court to reinstate racketeering case against Fiat Chrysler

General Motors Co on Monday asked a court to reinstate a racketeering case against smaller rival Fiat Chrysler Automobiles NV , citing new additional information that has come to light.

Markets

Google unveils first 5G phones, cuts price on base Pixel model

Google's first 5G-enabled phones, Pixel 4a (5G) and Pixel 5, will be available this fall at a starting price of US$499, the Alphabet Inc unit said on Monday.

Markets

China’s ByteDance to consider international headquarters for TikTok, outside U.S

Chinese tech company ByteDance said on Monday it was considering moving the headquarters of its TikTok video sharing platform overseas, following a British media report that the unit could relocate to London.

Markets

Lawmakers welcome TikTok US sale as White House adviser raises concerns

U.S. Senate Democratic leader Chuck Schumer on Monday joined other senators in backing an American company to purchase Chinese-owned video app TikTok's U.S. operations, while a senior White House adviser raised concerns about a sale to Microsoft Corp .

Markets

Google unveils its first 5G phones, starting at US$499

REUTERS: Alphabet Inc's Google said on Monday its first 5G-enabled phones, Pixel 4a (5G) and Pixel 5, will be available this fall at a starting price of US$499. The company also cut the starting price for its smartphone lineup with a non-5G version of 4a priced at US$349, looking...

Markets

Tyson Foods names new CEO as coronavirus raises costs

Tyson Foods Inc named its president, Dean Banks, as its new chief executive on Monday as the meatpacker faces unprecedented disruptions from the COVID-19 outbreak.

Markets

Siemens Healthineers plans two-step €7.5 billion capital hike for Varian acquisition: Sources

Siemens Healthineers plans a two-step capital increase to raise 7.5 billion euros (US$8.80 billion) via share placements to help finance its acquisition of Varian Medical Systems , sources close to the matter said on Monday.

Markets

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