C Nivedita

Far Point to buy tax-free shopping firm Global Blue at $2.6 billion valuation

16 Jan 2020

Far Point Acquisition Corp , a blank-check company set up by hedge fund Third Point LLC and ex-New York Stock Exchange President Thomas Farley, said on Thursday it had agreed to acquire shopping tax refund firm Global Blue in a $2.6 billion deal.

Citigroup female employees earn 27% less than men

16 Jan 2020

Citigroup's female employees earn 27% less than male employees on average, when factors like title and location are not taken into account, the Wall Street bank said on Wednesday.

Citigroup beats estimates on credit card, trading revenue growth

15 Jan 2020

Citigroup Inc beat analysts' estimates for fourth-quarter profits on Tuesday, boosted by growth in its credit card business and a jump in trading revenue.

US STOCKS-Trade progress, consumer spending propel Wall St to fresh highs

20 Dec 2019

Dec 20 The S&P 500 hit a record high for the seventh straight session on Friday, its longest in over two years, as investor sentiment improved on progress in U.S.-China trade relations and strength in domestic consumer spending.

US STOCKS-Wall St rides trade optimism, healthy consumer spending to record highs

20 Dec 2019

* Dow and Nasdaq hit record highs for second straight session

US STOCKS-Wall Street builds on record-setting rally; FedEx drops

19 Dec 2019

* Indexes: Dow flat, S&P up 0.1%, Nasdaq gains 0.2% (For a live blog on the U.S. stock market, click or type LIVE/ in a news window.)

US STOCKS-Wall Street extends record-setting rally; FedEx drops

18 Dec 2019

* Indexes: Dow flat, S&P up 0.1%, Nasdaq up 0.2% (For a live blog on the U.S. stock market, click or type LIVE/ in a news window.)

Conductor to scout for fresh funding after separating from WeWork owner

13 Dec 2019

Content marketing technology company Conductor will seek fresh funding over the next few years, its chief executive officer told Reuters after spearheading a management-led buyout from The We Company on Thursday.

Bill.com shares jump 69% in market debut

12 Dec 2019

Shares of Bill.com Holdings Inc soared about 69% in their market debut on Thursday, giving the back-office automation software company a valuation of $2.64 billion.

World News

China scrambles to contain 'strengthening' virus

The ability of the new coronavirus to spread is strengthening and infections could continue to rise, China's National Health Commission said on Sunday, with more than 2,000 people in China infected and 56 killed by the disease.