South Africa's Zuma to face corruption charges over arms deal

Former South African President Jacob Zuma is to face corruption charges for a 30 billion rand ($2.5 billion) arms deal.


Investors just pumped the most money ever into stock funds for a single week

Stock-focused funds took in $38.3 billion in fresh cash over the past week, a new record, according to Bank of America.


J&J says it's received a $2.1 billion bid for LifeScan diabetes business

The offer to Johnson & Johnson for LifeScan is from private equity firm Platinum Equity.


How Reuters News should spend the $9.75 billion Blackstone will pay it over the next 30 years

If Reuters doesn't scale back its core financial-news offering, then in 30 years' time it will be on life support.


Our Samsung acquisition opened up a $55 billion market: HP Inc CEO

Jim Cramer sits down with HP Inc. CEO Dion Weisler to gauge the state of the PC and printing markets.


Stock-trading app Robinhood now reportedly worth more than $5 billion

Robinhood Markets is set to receive a capital injection valuing it at around $5.6 billion, The Wall Street Journal reported Thursday, citing sources familiar with the matter.


SpaceX and ULA win over half a billion dollars in new Air Force launch contracts

Rocket-launch competitors SpaceX and United Launch Alliance each won hundreds of millions of dollars in satellite contracts.


Over $60 billion wiped off value of cryptocurrencies in 24 hours as bitcoin slide continues

Increased regulatory scrutiny, Google banning cryptocurrency-related ads, and continued bitcoin selling by the trustee of Mt.Gox, was behind the fall in cryptocurrency prices.


Europe's third-largest insurer posts record high operating profit for 2017

Generali reported earnings largely in line with market expectations on Thursday, supported by cost reductions and an uptick in performance from its asset and wealth management business.


Trump considers indefinite tariffs, investment restrictions against China: Source

The source said that the tariffs will target the technology and telecoms sectors, and won't be limited to equipment.


Lyft says it passed $1 billion in GAAP revenue in 2017

The ride hailing company is growing revenues faster than Uber, it claims.


Companies are putting tax savings in the pockets of shareholders —share buybacks are double what they were a year ago

Share buybacks in 2018 have averaged $4.8 billion a day, double the pace for the same period last year, TrimTabs says


Luxury fashion website Farfetch is said to be set for a $6 billion IPO

Luxury fashion website Farfetch is said to be getting ready for an IPO that would value it at around $6 billion


Dropbox sets valuation as high as $8 billion; announces private placement by Salesforce ahead of IPO

Dropbox's valuation is about 20 percent below the level the company achieved in its latest private funding round.


Brexit without a trade deal would cost UK and EU firms $80 billion a year, study says

Britain and the European Union would face a combined annual bill of around $80.4 billion if Brexit talks were to collapse without a new trade agreement in place, according to a new study.


Tesla CEO Elon Musk’s 'unprecedented' $2.6 billion compensation is too high, advisers say

Institutional Shareholder Services recommended Tesla Inc stockholders reject a 10-year pay package for Elon Musk.


Wynn Resorts settles with Universal Entertainment

The settlement is tied to litigation stemming from the redemption of Universal subsidiary Aruze's stake in Wynn.

United States

Cigna buying Express Scripts isn't likely to cause a revolution but it makes sense

CVS Health shattered expectations when it would acquire Aetna in a $69 billion deal.

United States

Cigna CEO on $67 billion deal for Express Scripts: 'The current marketplace is not sustainable'

Cigna announced Thursday that it planned to acquire pharmacy benefit manager Express Scripts in a $67 billion deal.

United States

Trump says he asked China to reduce trade deficit by $1 billion, but he really meant $100 billion

Trump appears to have under-reported how much he asked Beijing reduce the trade deficit by $99 billion.

United States

Amazon has committed to roughly $22 billion in future food purchases as it bulks up Whole Foods

Amazon is showing its commitment to Whole Foods by agreeing to an additional $22 billion in future purchase obligations.


Trump says White House asked China for plan to reduce US trade deficit with country by $1 billion

President Donald Trump said Wednesday he has asked China for a plan to reduce the current trade deficit by $1 billion.

Other news portals:,,
Other portals: Property for sale in UK,, Best jobs in United Kingdom, Beste jobs in Deutschland.