News Highlights: Top Company News of the Day
26 March 2019 - 11:30AM
Dow Jones News
Uber Targets Middle East With $3.1 Billion Deal, Its Largest Ever
The ride-hailing giant is acquiring Middle Eastern rival Careem
Networks, a deal that ends another cutthroat ride-hailing battle
ahead of an expected initial public offering.
Japan Watchdog Accuses Citigroup Unit of Manipulating Bonds Futures Market
The Securities and Exchange Surveillance Commission recommended
a $1.2 million fine for London-based Citigroup Global Markets.
Don't Just 'Buy Now'! When Shopping on Amazon, You Need to Pay Attention
Not paying enough attention while shopping on Amazon can cost
you money and time. From overpriced bulk items to sub-prime Prime
deals, here are some things you should know before going on
buy-button autopilot.
Insurers Creating a Consumer Ratings Service for Cybersecurity
Some of the world's biggest insurers plan to work together on an
assessment of the best cybersecurity defenses available to
businesses, an unusual collaboration that highlights the rising
dangers posed by digital hackers.
Activists Wage Fight at Bed Bath & Beyond
Legion Partners, Macellum Advisors and Ancora Advisors together
control a roughly 5% stake in Bed Bath & Beyond and are
preparing to launch a proxy fight to replace its entire 12-person
board.
Cousins Properties, Tier Reit to Merge in Office-Landlord Deal
Cousins Properties Inc. and Tier Reit Inc. have agreed to merge
in a $5.9 billion all-stock deal, creating one of the largest
Sunbelt office-building landlords.
Cryptocurrency Miner Bitmain's Hong Kong IPO Application Lapses
Bitmain Technologies, the world's largest cryptocurrency mining
company, said it plans to go public in the future after a six-month
deadline on its current listing application lapsed.
McDonald's Buys Israeli Digital Startup Dynamic Yield
McDonald's is buying Dynamic Yield in a bid to improve in-store
ordering and online marketing, in a $300 million-plus deal that
marks the fast-food chain's biggest acquisition in two decades.
Airbus Shares Rise on China Mega-Deal
Shares in Airbus rose after the Franco-Dutch plane maker signed
a mega-deal with China on Monday during Chinese President Xi
Jinping's visit to Paris.
France's CMA CGM to Buy Chinese-Made Container Ships
French shipping operator CMA CGM has ordered 10 container
megaships from state-owned China State Shipbuilding as part of a
string of deals signed by Chinese President Xi Jinping and French
counterpart Emmanuel Macron.
(END) Dow Jones Newswires
March 26, 2019 07:15 ET (11:15 GMT)
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