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Monthly Archives: June 2018

Rome’s battle with Europe will show if Italy is too big to fail, strategist says

Franco Origlia/Getty Images Giuseppe Conte delivers a declaration after a meeting with Italian President Sergio Mattarella as part of consultations for a new government at the Quirinale Palace on May 23, 2018 in Rome, Italy. There’s a standoff emerging between the European Union and the new Italian government, one which …

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G-7 leaders need to offer Trump path to retreat to avert a trade war

Getty Images Canadian Prime Minister Justin Trudeau, German Chancellor Angela Merkel, U.S. President Donald Trump, Italian Prime Minister Paolo Gentiloni and French President Emmanuel Macron prepare to depart after posing for the group photo at the G7 Taormina summit on the island of Sicily on May 26, 2017 in Taormina, …

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Amazon gets share of English Premier League soccer rights for first time

Jamie McDonald | Getty Images Sport | Getty Images Ali Al Habsi of Wigan Athletic fouls to save a goal during the Barclays Premier League match between Norwich City and Wigan Athletic at Carrow Road on March 11, 2012 in Norwich, England. Amazon.com has won rights to show English Premier …

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Women’s Safety XPrize goes to Leaf Wearables for Safer Pro device

Punit Paranjpe | AFP | Getty Images Indian members of NGO ‘Aastha’ hold placards during a protest in Mumbai for better safety for women following the rape of a student in the Indian capital. There is a global epidemic of sexual violence against women that persists despite significant progress in …

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Brazil presidential candidate Jair Bolsonaro softens China view

Heuler Andrey | AFP | Getty Images Opponents of former Brazilian President Luiz Inacio Lula da Silva demonstrate in the city of Curitiba on March 28, 2018. Speaking before a panel at the Correio Braziliense newspaper, Bolsonaro said he would ease gun-control laws if elected, a prime demand of prosperous …

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Bolton takes back seat, but remains a looming presence for the North Korea summit

Getty Images National Security Advisor John Bolton (R), listens to U.S. President Donald Trump as he speaks about the FBI raid at lawyer Michael Cohen’s office, while receiving a briefing from senior military leaders regarding Syria, in the Cabinet Room, on April 9, 2018 in Washington, DC. Just weeks after …

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China allows domestic fundraising for overseas-listed firms

Artur Widak | NurPhoto | Getty Images A view of Shanghai center from Lujiazui financial district. On Saturday, 28 October 2017, in Shanghai, China. China has adopted new rules governing the issuance of securities that will allow the domestic flotation of overseas-listed innovators, the China Securities Regulatory Commission said in …

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Cloudera and MongoDB report Q1 results

Matthew Busch | Bloomberg | Getty Images Tom Reilly, chief executive officer of Cloudera. Shares of Cloudera and MongoDB dropped in extended trading even after the two developers of open-source data software reported better-than-expected first-quarter financials. Cloudera fell as much as 10 percent to $15.50 after hours, while MongoDB declined …

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Johnson & Johnson to sell sterilization unit to Fortive for $2.7 billion

Christopher Goodney | Bloomberg | Getty Images Alex Gorsky, chairman and chief executive officer at Johnson & Johnson. U.S. drug maker Johnson & Johnson said on Wednesday it received a binding cash offer of about $2.7 billion for its sterilization products business from Fortive. J&J’s advanced sterilization products (ASP) business, …

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Carl Icahn reportedly building small position in Allergan, joining activist David Tepper

Carl Icahn is building a small stake in pharmaceutical company Allergan, Bloomberg reported Wednesday, citing sources. The billionaire’s investment would come in addition to the 1 percent stake held by David Tepper’s Appaloosa Management. On Tuesday, Tepper said in a letter he is pushing the drugmaker to overhaul its management. …

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