Global M&A slides in first quarter as Brexit weighs on Europe


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Global mergers and acquisitions (M&A) sank 17 percent in the first quarter of 2019, as concerns about an economic slowdown and fears of a no-deal Brexit in Europe spooked chief executives and ... Suite

Investigators believe anti-stall system activated in Ethiopian crash: WSJ


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Investigators looking into a Boeing 737 MAX crash in Ethiopia that killed 157 people have reached a preliminary conclusion that an anti-stall system was activated before the plane hit the ground, the ... Suite

GM to sell closed South Korean plant to local parts maker for $99 million


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South Korean auto parts maker Myoungshin plans to buy General Motors' car factory in the southwestern city of Gunsan for 113 billion won ($99.5 million), Myoungshin's parent firm said in a regulatory ... Suite

A tax on a tax: U.S. customs demands bigger bonds as trade tariffs rise


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Stephen Wang is counting the costs of President Donald Trump's trade war. He had to put down 12 times more cash as a guarantee to U.S. customs that he would pay the bill for tariffs on the ... Suite

Exclusive: Goldman’s China-backed fund bucks trade tensions to buy U.S. firm


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Goldman Sachs Group Inc invested money from China's sovereign wealth fund in a California-based industrial company and is looking for more U.S. deals, three sources familiar with the matter said, ... Suite

Asian stocks gain on hopes of progress in U.S.-China trade talks


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Asian shares rose on Friday, led by a surge in Chinese equities, on hopes that Washington and Beijing are making progress in trade talks, while global bond yields moved higher after a prolonged slide ... Suite

SEC delays disputed plan to probe exchange pricing conflicts


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The U.S. Securities and Exchange Commission on Thursday delayed a controversial plan aimed at evaluating how stock exchange fees and incentives affect how brokers trade, while the exchanges sue the ... Suite

AstraZeneca could pay Daiichi Sankyo up to $6.9 billion in cancer drug deal


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AstraZeneca Plc and Daiichi Sankyo Co Ltd signed a deal to develop and sell Daiichi's cancer drug trastuzumab deruxtecan that could see the British drugmaker pay as much as $6.9 billion to its ... Suite

China’s Huawei posts 25 percent rise in 2018 profit on smartphone sales


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China's Huawei Technologies, the world's third-largest smartphone maker, reported a 25 percent jump in 2018 net profit, buoyed by a solid performance in its home market and a booming smartphone ... Suite

GM to sell closed South Korean plant to local consortium: sources


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General Motors is expected to sign a deal to sell its shuttered factory in the South Korean city of Gunsan to a local consortium of auto parts makers, two sources with direct knowledge of the matter ... Suite