Category: Markets

Read top-shelf news and commentary on stocks, indexes, cryptocurrencies and more.

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Vivendi in talks to sell stake in music group Universal to China’s Tencent

Vivendi in talks to sell stake in music group Universal to China’s Tencent

Vivendi is in talks to sell up to 20 percent of Universal Music Group (UMG) to Tencent, valuing its prized asset at around 30 billion euros ($34 bill ...
Apple bans the purchase of cryptocurrencies according to new customer agreement

Apple bans the purchase of cryptocurrencies according to new customer agreement

As the Apple Card launch draws closer, more details about the upcoming credit card are coming to light. Yesterday, Goldman Sachs, Appl ...
Sharp plans Vietnam factory to sidestep trade war

Sharp plans Vietnam factory to sidestep trade war

OSAKA -- Sharp said Thursday it has scrapped plans to produce displays for the American market in China and will instead bui ...
German Financial Regulator BaFIN Approves $280 Million Ethereum Security Token Offering

German Financial Regulator BaFIN Approves $280 Million Ethereum Security Token Offering

Fundament, a blockchain startup coming out of stealth mode, has received the green light to issue the first tokenized real-estate backed bond that ca ...
EU’s antitrust probe into Amazon could lead to a fine of up to $23 billion

EU’s antitrust probe into Amazon could lead to a fine of up to $23 billion

On Wednesday, the European Commission announced that it would launch a formal investigation into Amazon. Reports of this investigation ...
U.S. to object to French tax on tech firms at G7 meeting

U.S. to object to French tax on tech firms at G7 meeting

CHANTILLY, France -- The Group of Seven rich democracies' top finance officials gathered Wednesday at a chateau near Paris in search of common ground ...
‘Expect craziness’ as China readies debut of Nasdaq-style board

‘Expect craziness’ as China readies debut of Nasdaq-style board

SHANGHAI (Reuters) - In a packed Shanghai classroom on a hot afternoon, nearly a hundred “mom-and-pop” investors were honing their trading skills ahe ...
IOTA meant to prevail, based on government and industry choices

IOTA meant to prevail, based on government and industry choices

Internet terms such as “Cryptocurrency” or “Blockchain” technology are definitely an unavoidable part of the forefront media outlets’ catalog, but ar ...
Bayer shares up 1.8% trade after U.S. Roundup rule

Bayer shares up 1.8% trade after U.S. Roundup rule

FRANKFURT, July 16 (Reuters) - Shares in German chemicals company Bayer rose 1.8% in early trade on Tuesday after a U.S. judge slashed a damages awar ...
Xiaomi continues chip strategy revamp with investment in semiconductor designer

Xiaomi continues chip strategy revamp with investment in semiconductor designer

SHANGHAI (Reuters) - China’s Xiaomi Corp (1810.HK) has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the sm ...
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