The China Securities Financial Corporation (CSFC) has returned ahead of schedule some of the funds it borrowed from commercial banks to stabilize the stock market, three people in the banking industry with direct knowledge told Reuters.
Regions
Google offered $200 to $300M to Impossible Foods for plant-based cheeseburgers
Google offered $200 to $300 million to acquire Impossible Foods, a startup business, developing plant-based meat and dairy products. The company that wanted to beat the meat industry didn't agree on the price.
BT launches Ultra HD subscription package
UK telecommunications provider BT has launched an all-new premium entertainment package using the telco's new set-top box.
Running out of steam: Energy sector is underperformer among all 10 sectors in S&P 500
Energy sector was the prime culprit among other stocks including materials and biotech, that pulled S&P 500 and Dow Jones lower recently. S&P 500 fell 2.2% and Dow eased 2.9% during the week ended 24 July. S&P 500 suffered biggest weekly decline since March.
Mutual funds and ETFs are dancing to the tune of Apple's stock
What happens when a single stock is influencing the performance of several mutual funds (MFs) and exchange-traded funds (ETFs) alike?
Latest News
Teva Pharmaceutical Industries has agreed to buy Allergan Plc's generic drugs business for $40.5 billion in a cash and stock deal that will turn the Israeli company into one of the world's largest pharmaceutical firms.
Apple and Nike will reportedly settle the claim filed two years ago over a misleading ad about the exact capability of Nike+ FuelBand, offering either $15 cash or $25 gift cards on its stores in the U.S. and Puerto Rico.
Compared to their iOS counterparts, Developers in the Mac App Store are making significantly less money and feels like they are treated like second class citizens in the world of Apple. This is bad news for developers and consumers alike.
U.S. authorities dig deeper into the alleged FIFA financial fiasco, contacting more than half a dozen banks associated to the football corruption scandal.
While the company has yet to release an official statement or at least a preview, multiple sources have begun sharing photos of what is believed to be the new Moto X, which features a screen of either 5.2- or 5.5-inch size and more advanced hardware.
The company Gogoro will start shipping preordered Gogoro Smart Scooter in Taipei. The Taiwanese company started to accept orders on June 27 adding up Gogoro Plus, Gogoro's newest series in silver, blue, orange and yellow. The basic model costs $4000 while Gogoro Plus costs $4300.
Tim Cook, Apple's CEO was spotted visiting the BMW's production area in Leipzig, Germany. There are rumors that Apple is planning to develop its own car based on BMW's i3 technology given that Apple is working out on Project Titan.
Western and Middle East insurance specialists see Iran as an appealing $8 billion (£5 billion) market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be lifted means they are treating the country with caution.
Deutsche Boerse (DB1Gn.DE) is buying German-based foreign exchange trading platform 360T for 725 million euros ($796 million), the Frankfurt-based stock market operator said on Sunday.
