International News
UBS and Credit Suisse exploring possible merger - report
Swiss lenders UBS and Credit Suisse are allegedly exploring a possible tie-up, in a move that would create one Europe’s biggest banks, it was reported on Monday.
ByteDance rejects Microsoft offer for TikTok, partners with Oracle instead
Chinese tech company ByteDance has decided to reject Microsoft's bid to buy video app TikTok and partner with Oracle instead.
UK should become global leader in climate action - CBI
The UK should take more action in the fight against climate change and become a global leader on the matter, the CBI Director-General Carolyn Fairbairn will say on Monday.
Amazon to hire 100,000 more workers in 2020
Amazon announced on Monday that it would be recruiting 100,000 more workers in the US as part of its fourth hiring spree of 2020 to keep pace with the jump in demand for e-commerce during the pandemic.
Uber continues court fight over London ban
Uber will take the fight against the ban imposed on its operations in London to the UK's courts for a second time this week.
Softbank sells chip designer Arm to Nvidia for $40bn
Japan’s SoftBank said it had agreed to sell Arm Holdings to Nvidia for $40bn, just four years after buying the chipmaker.
Verizon to buy value mobile provider Tracfone from America Movil
Verizon has agreed to buy US pre-paid and value mobile provider Tracfone from America Movil in a cash and share deal valued at more than $6bn.
US pre-open: Futures higher following Nvidia deal
Wall Street futures had stocks opening higher ahead of the bell on Monday as sentiment got a slight boost from news that chipmaker Nvidia had agreed to buy competitor Arm Holdings.
Eurozone industrial production rises at slower pace
Eurozone industrial production rose in line with expectations in July as Covid-19 but economists warned the rebound was fizzling out.
Euronext offers to buy Borsa Italiana from LSE
Euronext confirmed on Monday that it has made a non-binding offer to buy Borsa Italiana from London Stock Exchange.
Gilead Sciences to buy Immunomedics in $21bn deal
Gilead Sciences has agreed to buy biotech company Immunomedics in a $21bn deal.