Forecasts for second-quarter U.S. earnings still look gloomy after a much-better-than-feared first quarter season as the likelihood of further interest rate hikes this year creates more potential risks for companies.
A U.S. judge late on Tuesday granted the Federal Trade Commission's (FTC) request to temporarily block Microsoft Corp's acquisition of video game maker Activision Blizzard and set a hearing next week.
The U.S. Federal Trade Commission on Monday said it asked a court for a temporary order to prevent Microsoft Corp's $69 billion acquisition of video game maker Activision Blizzard from closing while the regulator continues reviewing the deal.
U.S. ride-hailing giant Uber said on Thursday that customers will soon be able to track emissions avoided when choosing greener rides and have the option of shared rides in more cities to further reduce CO2 emissions.
Chinese-owned yacht maker Ferretti is testing uncharted waters. The Italian manufacturer of Riva speedboats loved by Hollywood stars is set to be the first Hong Kong-listed company to also seek trading in Milan. The move offers little valuation upside, but it could hedge growing geopolitical risks. If Ferretti can sail home with ease, luxury group compatriot Prada would be tempted to follow.