Today's top business headlines: - Trump delays tariffs on phones and toys from China - CBS and Viacom reunite in merger - 737 Max crisis could derail plans for '797' plane - Snapchat unveils redesigned spectacles sunglasses
London 1. No respite: Relief from the Trump administration's announcement that some tariffs on consumer goods exported from China will be delayed until December may have been short lived.
US stock futures point lower Wednesday following weak economic data out of Germany and China. The Dow could open down 200 points, or 0.8% lower. The Nasdaq could drop 0.9% and the S&P 500 could fall 0.8%.European markets dropped in early trading. Britain's FTSE 100 dipped 0.7%, while Germany's DAX shed 1.1%. Stocks in Asia finished higher, helped along by the US rally during the previous session. Japan's Nikkei rose 1%. Hong Kong's Hang Seng gained 0.
Wednesday — China retail sales; Germany and Europe GDP; UK inflation; Luckin Coffee , Macy's and Canopy Growth earningsFriday — US housing starts and building permits
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CBS and Viacom negotiating share exchange ratio between 0.5960 and 0.5965The negotiations for the CBS and Viacom merger could finish as soon as Monday, sources said.
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CBS and Viacom negotiating share exchange ratio between 0.5960 and 0.5965 for mergerThe negotiations for the CBS and Viacom merger could finish as soon as Monday, sources say.
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CBS, Viacom reach agreement in principle: sourcesCBS Corp and Viacom Inc have reached an agreement in principle, sources familiar...
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CBS, Viacom agree to merge in all-stock dealCBS Corp and Viacom Inc agreed to merge on Tuesday, creating a company with more...
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ViacomCBS is just the beginning of Shari Redstone's media dealsMore than two months before CBS Corp and Viacom Inc succeeded at a third attempt...
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CBS, Viacom reach deal to reunite Sumner Redstone's media empireCBS Corp and Viacom Inc have reached a deal to reunite media mogul Sumner Redsto...
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