Investing.com-- Asian stock markets were mixed on Monday, as Japanese shares rose, boosted by Toyota’s surge on a potential buyout of its supplier, while Chinese stocks were subdued amid ongoing uncertainties surrounding U.S.-China trade talks.Major U.S stock indexes closed higher on Friday, leading to weekly gains. However, futures tied to these benchmark indexes were lower in Asian trading on ...
Investing.com-- Airbus Group SE (EPA:AIR) and Spirit AeroSystems (NYSE:SPR) said on Monday that they had signed a definitive agreement under which Airbus will acquire a slew of Spirit’s commercial aircraft assets in Europe and the United States. Airbus will take over select Spirit assets in the U.S., France, Morocco, and Northern Ireland which are linked to the former’s plane production. ...
TOKYO (Reuters) -Shares of Toyota Industries (OTC:TYIDF) were set for their biggest daily jump on record on Monday after Japanese automaker Toyota said it was considering a potential buyout of the key parts supplier, which has a market value of 4 trillion yen ($28 billion).Toyota Industries shares remained untraded with a glut of buy orders on Monday. The bid and ask indicated that their price w ...
By Trixie Yap, Siyi Liu and Chen AizhuSINGAPORE (Reuters) - Aster Chemicals and Energy, the new operator of the Bukom refining complex, is planning to bid for Exxon Mobil (NYSE:XOM)’s petrol stations in Singapore, five people with knowledge of the matter said, as the refiner seeks retail fuel sales outlets. The sale of the Exxon Mobil retail outlets is entering the formal bidding stage wi ...