European shares and American stock futures traded higher as President Donald Trump’s plan to ease the impact of automobile tariffs signaled more flexibility in a trade policy that has roiled markets throughout April.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
PHOTO: EZPS
World stocks, dollar nudge higher on Trump’s US autos tariff relief
European shares and American stock futures traded higher as President Donald Trump’s plan to ease the impact of automobile tariffs signaled more flexibility in a trade policy that has roiled markets throughout April. Read here
IBM to invest $150B in US to aid quantum push
The New York-headquartered tech company is set to allocate funds to build facilities for quantum computer production over the next five years to back the Trump administration’s push for local manufacturing. Read here
PHOTO: ANDREAS FRANK
Silver Lake, P2 Capital mull $5B Blackhawk sale
The American private equity firms are exploring strategic exit options, including a sale, from their investment in Blackhawk Network, the prepaid card and gift voucher platform they took private in 2018. Read here
PHOTO: BLACKHAWK
NEWS WORTH NOTING
NEWS WORTH NOTING
FoodScience buys Natural Dog to lead in pet wellness
The provider of premium health and wellness solutions for pets and people has acquired the brand known for its high-quality dog care products based in North Carolina, marking the Vermont company's first acquisition. Read here
Sony weighs chip unit spinoff amid entertainment shift
The Japanese conglomerate is considering a divestiture and listing of its semiconductor business, but may retain a minority stake in Sony Semiconductor Solutions. Read here
Airbus reaches deal with Spirit Aero to buy factories
The European aerospace corporation has finalised an agreement to take over some plants from the American aerostructures maker in a carve-up with rival Boeing. Read here
NCC Group explores strategic options for Escode business
The UK-based global cybersecurity specialist is exploring various strategic options for its software escrow and verification services unit, including a possible sale. Read here
Emerging economies lead way in AI trust, per survey
People in developing countries are more willing to trust artificial intelligence and are more excited about its benefitsthan those in advanced economies. Read here
