U.S. oil holds near 7-week high, OPEC upbeat on output curbs U.S. oil holds near 7-week high, OPEC upbeat on output curbs:- Oil prices held near multi-week highs on Wednesday after OPEC signalled optimism over its deal with other producers to curb output to clear a glut that has weighed on markets since […]
United States
Toshiba seeking $8.8 billion for majority stake in chip unit Toshiba seeking $8.8 billion for majority stake in chip unit:- Toshiba Corp (6502.T) wants to raise at least 1 trillion yen ($8.8 billion) from the sale of a majority stake in its flash memory chip business as a buffer against […]
Burger King and Tim Hortons owner nears deal to buy Popeyes Burger King and Tim Hortons owner nears deal to buy Popeyes:- Restaurant Brands International Inc, owner of the Burger King and Tim Hortons fast-food chains, is nearing a deal to acquire Popeyes Louisiana Kitchen Inc, people familiar with the […]
Mexico central bank faces complex environment Mexico central bank faces complex environment:- Mexico's central bank faces difficult decisions as it balances a spike in inflation against an expected economic slowdown, Deputy Governor Alejandro Diaz de Leon said on Monday. "We are in an especially complex environment," Diaz de Leon told […]
TransferWise launches international money transfers via Facebook TransferWise launches international money transfers via Facebook:- Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook Inc's chat application, as competition in the digital payments landscape intensifies. The London-based startup said on Tuesday that […]
Evacuations called as rivers rise in California The Latest on storms in California (all times local): 8 p.m. Creeks and rivers are nearing flood stage in California as another rainstorm pounds the area, prompting evacuations and stranding several thousand people in a remote hamlet. Mandatory evacuations were ordered Monday afternoon […]
NZ court rules Megaupload founder Kim Dotcom can be extradited to U.S. for alleged fraud NZ court rules Megaupload founder Kim Dotcom can be extradited to U.S. for alleged fraud:- A New Zealand court ruled on Monday that internet entrepreneur Kim Dotcom could be extradited to the United States to […]
Kraft walks away from friendly bid for Unilever Kraft walks away from friendly bid for Unilever:- U.S. food company Kraft Heinz Co (KHC.O) withdrew its proposal for a $143-billion merger with larger rival Unilever Plc (ULVR.L), the companies said on Sunday, raising questions about whether Kraft will turn its focus to another […]
Car bomb in Turkey's southeast kills child Car bomb in Turkey's southeast kills child:- A car bomb exploded in the garden of a housing complex in Turkey's southeastern town of Viransehir on Friday, killing a child and wounding 17 other people, the provincial governor's office told Reuters. Initial findings showed […]
Facebook CEO warns against reversal of global thinking Facebook CEO warns against reversal of global thinking:- Facebook Inc Chief Executive Mark Zuckerberg laid out a vision on Thursday of his company serving as a bulwark against rising isolationism, writing in a letter to users that the company's platform could be […]
