Bloomberg A company whose ticker is “TEAM” was just out-shined with crafty teamwork by a competitor. Atlassian Corp turned positive late in trading after a drop of as much as 2.3 percent after Microsoft Corp. agreed to purchase GitHub for $7.5 billion in stock. Bloomberg Intelligence analyst Mandeep Singh notes that “Atlassian will now have to compete against Microsoft, which ...

Bloomberg UK businesses told Prime Minister Theresa May to get on with taking key Brexit decisions as companies start putting their contingency plans in place, according to a person at a meeting at her London office. May gathered leaders of companies ranging from aerospace to retail along with Chancellor of the Exchequer Philip Hammond and Brexit Secretary David Davis for ...

Bloomberg The UK services sector grew more than forecast in May as the economy continued to plot a modest recovery from the snow disruption of the first quarter. IHS Markit said on Tuesday its Purchasing Managers Index rose for a second month to 54 from 52.8. That beat the reading of 53 predicted in a Bloomberg survey. Taken together with ...