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US stocks rise on Enbridge, GE acquisitions

  New York / AFP Wall Street stocks rose early on Tuesday, lifted by merger announcements, including Canadian pipeline company Enbridge’s acquisition of Spectra Energy in an all-stock deal valued at $28 billion. The Enbridge deal will create an network of oil and gas pipelines serving most of Canada and the United States. Spectra surged 10.7 percent, while Enbridge advanced ...

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European stocks hover near 8-month high before ECB meet

  Bloomberg European stocks were little changed, poised for their highest close since January, as investors awaited this week’s European Central Bank meeting. The Stoxx Europe 600 Index added 0.1 percent at 1:43 p.m. in London, paring a rise of as much as 0.3 percent, while Germany’s DAX Index added 0.4 percent, inching closer to erasing its annual drop. Europe’s ...

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Apple event has world watching for new iPhone

  San Francisco / AFP Apple is expected to unveil a new iPhone and maybe even a second-generation smartwatch at a special event in San Francisco on Wednesday. The rumour mill has been grinding away with talk of iPhone 7 models that will boast faster chips, more sophisticated cameras, and improved software while doing away with jacks for plugging in ...

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