Consumer Reports to consider cyber security in product reviews Consumer Reports to consider cyber security in product reviews:- Consumer Reports, an influential U.S. non-profit group that conducts extensive reviews of cars, kitchen appliances and other goods, is gearing up to start considering cyber security and privacy safeguards when scoring products. […]
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Neiman Marcus hires debt restructuring adviser Neiman Marcus hires debt restructuring adviser:- U.S. high-end department store chain Neiman Marcus has hired investment bank Lazard Ltd (LAZ.N) to explore ways to bolster its balance sheet as it seeks relief from $4.9 billion in debt, people familiar with the matter said on […]
PSA agrees to buy Opel from GM, wins board approval PSA agrees to buy Opel from GM, wins board approval:- France's PSA Group struck a deal with General Motors (GM.N) to buy the U.S. carmaker's loss-making Opel division, two sources with knowledge of the matter told Reuters. The board of PSA, […]
Snap's shares pop after year's biggest IPO Snap's shares pop after year's biggest IPO:- Snap Inc's (SNAP.N) shares ended up 44 percent on their first day of trading as investors flocked to buy into the hottest technology stock offering in three years, overcoming doubts about the loss-making messaging app company's […]
Dollar firm, shares slip in Asia as Fed rate hike looms Dollar firm, shares slip in Asia as Fed rate hike looms:- The dollar held broad gains on Friday as the risk of an imminent U.S. interest rate hike slugged sovereign bonds and commodities, even managing to sour Wall Street's […]
Protesters sue to stop US missile system in S. Korea Protesters sue to stop US missile system in S. Korea:- People living near a South Korean golf course on Tuesday sued to stop it hosting a controversial US missile system loathed by Beijing, lawyers said, after Chinese media (Shanghai: 600373.SS […]
Trump lays out hike in military spending Trump lays out hike in military spending:- US President Donald Trump is seeking to boost defence spending by 10% in his proposed budget plan for 2018. The blueprint will increase defence spending by $54bn (£43bn) but seeks to recoup that sum through deep […]
German-Turkish reporter arrested in Turkey for terrorist propaganda German-Turkish reporter arrested in Turkey for terrorist propaganda:- The Turkish authorities have arrested a German-Turkish journalist they accuse of producing terrorist propaganda and undermining the government. Deniz Yucel, who works for Die Welt, was detained almost two weeks ago and has since […]
Stocks close higher, dollar steady before Trump speech Stocks close higher, dollar steady before Trump speech:- Wall Street closed slightly higher on Monday and U.S. Treasury yields rose on hopes for rising rates and expectations for an infrastructure spending announcement in U.S. President Donald Trump's speech Tuesday night. Oil futures […]
Indonesian police kill bomber, investigate for link to IS sympathizers Indonesian police kill bomber, investigate for link to IS sympathizers:- Indonesian police killed a militant on Monday after he detonated a small bomb in the city of Bandung and authorities said they were investigating whether he had links to a […]