Asia shares lag Wall St. gains, dollar in doldrums Asia shares lag Wall St. gains, dollar in doldrums:- Asian shares crept up on Monday as Wall Street gathered momentum into a busy week of earnings with more than 100 major companies due to report, while the dollar was again hobbled […]
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Alibaba Group expands presence in Australia, New Zealand Alibaba Group expands presence in Australia, New Zealand:- Chinese online retailer Alibaba Group opened its Australian and New Zealand headquarters in Melbourne on Saturday, its first expansion in the region as it seeks to tap growing global demand for products from the […]
Takata taps KSS as final bidder for restructuring deal Takata taps KSS as final bidder for restructuring deal:- Takata Corp (7312.T) has selected Chinese-owned Key Safety Systems (KSS), a U.S.-based auto parts supplier, as the final bidder to extend financial support for the Japanese airbag maker, three sources with knowledge […]
Wall Street stands with two Fed-hike outlook for 2017 Wall Street stands with two Fed-hike outlook for 2017:- Wall Street’s top banks expect just two rate hikes from the Federal Reserve this year and see only modest risk to the U.S. central bank being pressed into a more aggressive pace […]
Iran bans travel of US wrestlers to Iran Iran bans travel of US wrestlers to Iran:- Iran on Friday banned U.S. wrestlers from participating in the Freestyle World Cup competition this month in response to President Donald Trump’s executive order forbidding visas for Iranians, the official IRNA news agency reported. […]
U.S. reversal on transparency could sting Canadian, European oil companies U.S. reversal on transparency could sting Canadian, European oil companies:- Canadian and European oil companies will find themselves at a competitive disadvantage to their American rivals if U.S. lawmakers scrap tighter transparency requirements on the industry, as expected, according to […]
Asian shares touch four-month high, dollar sags on Fed’s relaxed views Asian shares touch four-month high, dollar sags on Fed’s relaxed views:- Asian shares touched four-month highs while the dollar sagged on Thursday after the U.S. Federal Reserve stuck to its mildly upbeat economic view but gave no hint of […]
Reckitt Benckiser in talks to buy Mead Johnson for $16.7 billion Reckitt Benckiser in talks to buy Mead Johnson for $16.7 billion:- Reckitt Benckiser in talks to buy Mead Johnson for $16.7 billion:- British consumer goods maker Reckitt Benckiser Group Plc (RB.L) is in advanced talks to buy baby formula […]
Japan considers buying more U.S. energy as Abe prepares to meet Trump Japan considers buying more U.S. energy as Abe prepares to meet Trump:- Japanese Prime Minister Shinzo Abe is considering increasing energy imports from the United States, two sources familiar with the plan told Reuters, as he prepares to […]
Oil prices stabilize as Russia joins OPEC in production cut Oil prices stabilize as Russia joins OPEC in production cut:- Oil steadied on Wednesday as Russia joined OPEC in cutting production to try to balance the market, although plentiful supply in places such as the United States dragged on prices. […]
