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Snap's shares open at lowest since market debut
Snap Inc's shares fell as much as 10.4 percent on Tuesday, opening at their lowest since a blockbuster market debut last week.Snap's shares hit a low of $21.30 in early trading on Tuesday, wiping out more than $9 billion of the company's market capitalization from Friday's high. Shares surged 44
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UK PM May orders officials to examine Kraft Heinz bid for Unilever: FT
LONDON British Prime Minister Theresa May has asked top officials to examine U.S. food company Kraft Heinz's (KHC.O) proposed takeover of Unilever Plc (ULVR.L), the Financial Times reported on Sunday without citing any sources.Kraft's surprise $143 billion offer, which would
Chevron sets 2017 capital budget, in 4th year of spending cuts
Oil and gas major Chevron Corp (CVX.N) on Wednesday announced a $19.8 billion capital and exploratory investment program for 2017.The company said the 2017
E.ON to cut administrative jobs in savings drive: CEO in paper
FRANKFURT German utility E.ON (EONGn.DE) plans to cut administrative jobs as part of efforts to reduce costs by 400 million euros (340.78 million pounds), Chief Executive Johannes Teyssen told newspaper Rheinische Post."Based on previous experience, 50 percent of savings in
