Rumors of Commerzbank merger send shares up - Wall Street regulators admit cybersecurity breach - Liliane Bettencourt dies at age 94
Shares in the Swedish music-streaming platform made a strong market debut on Wall Street, opening at $165.90 — well above the reference price of $132 a share and valuing the company's equity at about $29 billion.
Germany's Siemens and France's Alstom may be on the verge of merging their rail businesses, media reports suggest. It would come at a time when they are facing growing competition from China's state-backed rival CRRC.
A cybersecurity firm has uncovered a link between a global hacking syndicate and N. Korea. The US is investigating the country's involvement in a 2016 heist of $81 million. But finding a smoking gun will not be easy.
South Korea's corruption scandal has spilled over into the highest levels of business. Suspected of bribery and perjury, if Samsung's Lee Jae-yong is indicted, his ascension to chairman could be complicated.
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