Asia stocks lower amid growth worries; oil rebounds

Asia stocks lower amid growth worries; oil rebounds

SHANGHAI (Reuters) – Asian shares drifted lower on Monday as signs of softening demand in China rekindled anxiety about the outlook for world growth, but Saudi Arabia's plans to cut production helped to halt a slide in oil prices.
See Original Article

SAP to buy customer sentiment tracker Qualtrics for $8 billion

FRANKFURT (Reuters) – Germany's SAP (SAPG.DE) said on Sunday it was buying Qualtrics International Inc for $8 billion in cash, pre-empting a planned stock market listing by the U.S.
See Original Article

Japan's SoftBank steps closer to transformation with $21 billion mobile IPO

TOKYO (Reuters) – SoftBank Group Corp's domestic telecoms unit on Monday received approval to list on the Tokyo Stock Exchange through one of the biggest-ever initial public offerings (IPO) at 2.4 trillion yen ($21.04 billion), a regulatory …
See Original Article

Athenahealth Reportedly Sold to Elliott Management and Veritas for $5.5 Billion

Hedge fund Elliott Management and private-equity group Veritas Capital are reportedly buying Athenahealth Inc. (ATHN – Get Report) for $5.5 billion cash, Reuters quoted unnamed sources as saying.
See Original Article

UPS Freight workers approve new labor contract, avoiding strike

UPS Freight workers voted in favor of approving a new labor contract, avoiding the risk of a strike that could have affected shippers transporting their goods around the country.
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.