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Exclusive: CrowdStrike hires Goldman Sachs to lead IPO – sources

October 20, 2018 by  
Filed under News

(This October 19 story corrects penultimate paragraph to show that Tenable shares have gained, not declined, since the company’s IPO)


Source: Reuters Business News

Google to charge Android partners up to $40 per device for apps: source

October 20, 2018 by  
Filed under News

(This Oct. 19 story has been refiled to fix wording in fourth paragraph)


Source: Reuters Business News

UBS warns staff over China travel after banker held in Beijing: source

October 20, 2018 by  
Filed under News

Swiss bank UBS Group AG. has asked its China wealth management staff to reconsider their travel plans to the country after authorities there asked one of its bankers to delay her departure from Beijing to meet with local officials, a person familiar with the matter said.


Source: Reuters Business News

With market on edge, investors look to tech trio

October 19, 2018 by  
Filed under News

The pressure is on for Amazon, Alphabet and Microsoft as they prepare to report quarterly results at a time when confidence in those market leaders looks increasingly fragile and in danger of derailing Wall Street’s rally.


Source: Reuters Business News

U.S. landlords copy hotel model to cut risk as coworking surges

October 19, 2018 by  
Filed under News

Leading owners of prime U.S. office space are taking a page from the hotel industry to boost profits from coworking’s rapid growth and to mitigate some of the risk they assume when signing long-term leases with these flexible workspace providers.


Source: Reuters Business News

Wanda Ferragamo, matriarch of famed shoemaker, dies at 96

October 19, 2018 by  
Filed under News

Wanda Ferragamo, the honorary president of the Florentine shoemaker founded by her husband Salvatore, has died at the age of 96, the family said on Friday.


Source: Reuters Business News

Switzerland, Victorinox settle legal fight over Swiss Army perfume

October 19, 2018 by  
Filed under News

Fans of Swiss Army perfume can breathe a sigh of relief: the government and knifemaker Victorinox have settled a legal row that paves the way for military-grade scents to be sold in North America.


Source: Reuters Business News

Fed's Kaplan sees two-three more rate hikes to hit 'neutral' level

October 19, 2018 by  
Filed under News

Another two to three interest rate increases from the Federal Reserve will likely put U.S. borrowing costs in “neutral” territory where it is neither stimulating nor restricting economic growth, Dallas Federal Reserve President Robert Kaplan said on Friday.


Source: Reuters Business News

U.S. extends deadline for investors to divest holdings in Russia's Gaz

October 19, 2018 by  
Filed under News

The U.S. Treasury said on Friday it was extending a deadline for investors to divest certain operations, debt and equity of sanctioned Russian company Gaz Group until Dec. 12.


Source: Reuters Business News

VW's Porsche expects to repeat record vehicle sales this year

October 18, 2018 by  
Filed under News

Volkswagen’s Porsche brand does not need a stock market listing to fund growth, Chief Executive Oliver Blume said, adding he is confident the maker of the iconic 911 sportscar can repeat last year’s record sales in 2018.


Source: Reuters Business News

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