SoftBank is expected to approach T-Mobile parent Deutsche Telekom AG for negotiations when an ongoing auction of airwaves ends in April and a ban on talks between rivals is lifted, people familiar with the matter told Reuters.
MarketWatch: With S&P 500 companies set to notch their strongest quarterly earnings growth in about six years, a weaker US dollar may help keep the profit momentum rolling and support share prices in the weeks to come. - Reuters
Top foreign stories
Chemical groups Huntsman, Clariant set to announce merger: Hunstman Corp and Clariant AG are set to announce their merger on Monday, creating a chemical manufacturer with a market value of more than US$14 billion, people familiar with the matter said on Sunday. - Reuters
US and Pacific Rim countries at odds in heated trade meeting: Japan and other members of the Trans-Pacific Partnership agreed on Sunday to pursue their trade deal without the United States as the Trump administration's “America First” policy created tension at a meeting of Asia-Pacific countries. - Reuters
Softbank-Saudi tech fund becomes world's biggest with US$93b of capital: The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said it had raised over US$93 billion to invest in technology sectors such as artificial intelligence and robotics. - Reuters
Boeing signs defence, commercial deals with Saudi Arabia: Boeing Co has signed several defence and commercial deals with Saudi Arabia including for the sale of military and passenger aircraft, the company said on Sunday during a visit by US President Donald Trump to the kingdom. Boeing said Saudi Arabia agreed to buy Chinook helicopters, associated support services and guided weapons systems, and intends to purchase P-8 surveillance aircraft. - Reuter
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