Infosys shares extend losses as leadership issues outweigh share buyback

A planned $2 billion share buyback by Infosys failed to lift shares in India's No. 2 IT services company, which dropped on Monday for a second straight trading day on concerns over a dispute between its board and founders. Infosys shares fell 5.4 percent to a more than three-year closing low, extending Friday's 9.6 percent decline. The declines have wiped $5.2 billion off its market value, after Chief Executive Vishal Sikka's resignation following attacks from retired founders of the company.

China’s Great Wall confirms interest in Fiat Chrysler

SHANGHAI/BEIJING (Reuters) - Great Wall Motor Co Ltd is interested in Fiat Chrysler Automobiles (FCA), an official from the Chinese company said, confirming reports it is pursuing all or part of the owner of the Jeep and Ram truck brands. Speculation about Chinese interest in FCA has emerged since Automotive News reported last week that an unidentified "well-known Chinese automaker" made an offer earlier this month. FCA shares rose more than 5 percent in Milan on Monday to their highest in 19 years.

Treasury yields flat as US politics is pushed to the forefront of investors’ minds

U.S. Treasury yields fell Monday, as investors watched for more news surrounding the state of the current U.S. administration.

Democrat ‘incredibly frustrated’ with leader over Foxconn

Wisconsin Assembly Democratic Leader Peter Barca was branded as failing "on all accounts" by a fellow Democrat who was "incredibly frustrated and concerned" with his actions after Barca ...

Wall Street flat as N.Korea, White House worries ebb

U.S. stocks opened little changed on Monday, with some measure of calm returning after a turbulent two weeks during which turmoil in the White House and simmering tensions between the United States and North Korea roiled the markets. Last week, President Donald Trump fired chief strategist Steve Bannon and disbanded some business councils among other political maneuvers, while there was also speculation about the possible departure of National Economic Council Director Gary Cohn. The unrest in the White House again led to investors' concerns about the Trump administration's ability to implement its pro-growth agenda.

The car-traffic apocalypse of the total solar eclipse has begun

The total solar eclipse of the US is here. As many as 7.4 million Americans may be traveling to...

VIPAR conference to discuss the future in Florida