Toshiba Westinghouse seeks U.S. bankruptcy financing Toshiba Westinghouse seeks U.S. bankruptcy financing:- Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp (6502.T), is taking offers for a financing package to help it go through U.S. bankruptcy, people familiar with the matter said on Monday. Toshiba is […]
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Fed on track to raise U.S. rates twice more this year Fed on track to raise U.S. rates twice more this year:- The Federal Reserve is on track to raise interest rates twice more this year after a policy tightening last week, and it could be more or less aggressive […]
No matador in sight as bull market in U.S. stocks turns 8 No matador in sight as bull market in U.S. stocks turns 8:- The run of gains on Wall Street turns 8 years old on Thursday and, despite its advanced age, is expected to rage on, with perhaps a […]
Mexico cranks up antitrust rules against Slim America Movil Mexico cranks up antitrust rules against Slim America Movil:- Billionaire Carlos Slim's America Movil said on Wednesday that the Mexican telecommunications regulator had stepped up antitrust rules against the company, including ordering it to separate out part of its fixed-line infrastructure. America […]
Electronics store RadioShack files for bankruptcy again U.S. electronics chain RadioShack Corp filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail environment and an unsatisfying partnership with wireless provider Sprint Corp. The Chapter 11 filing comes after RadioShack, owned […]
Dollar firm in Asia, resource shares on the run Dollar firm in Asia, resource shares on the run:- The dollar stood firm in Asia on Thursday and bond yields spiked after super-strong U.S. jobs data made a rate hike a near certainty, while oil struggled to find its footing after […]
China February factory growth beats expectations as global demand improves China February factory growth beats expectations as global demand improves:- China's factory activity expanded faster than expected in February as domestic and export demand picked up, adding to signs that the global economy is regaining momentum even as fears grow of […]
Japan will tell United States to respect WTO rules Japan will tell United States to respect WTO rules:- Japan will tell the United States in their economic talks that any border tax the U.S. government imposes on imports should not break World Trade Organization rules, an adviser to Prime Minister […]
Asian factories pick up steam in shadow of Trump protectionist threat Asian factories pick up steam in shadow of Trump protectionist threat:- Asian factories extended a global manufacturing revival as activity picked up steam in February, though the outlook for many of the region's export-reliant economies remained uncertain in the […]
Asian shares slip in holiday-thinned trade focus turns to U.S. data Asian shares slip in holiday-thinned trade focus turns to U.S. data:- Asian shares struggled on Thursday after a lacklustre performance on Wall Street as investors looked to U.S. economic data later in the day for potential catalysts, as markets […]
