China iQiyi eyes U.S. listing at up to $10 billion valuation Bloomberg China iQiyi eyes U.S. listing at up to $10 billion valuation Bloomberg: aidu Inc’s (BIDU.O) video streaming service iQiyi, a Chinese-style Netflix (NFLX.O), is looking for an initial public offering in the United States as early as next year, […]
USA Business and Regional News
Apple shares flirt with correction territory Apple shares flirt with correction territory: Shares of Apple Inc dipped on Monday and flirted with correction territory following a report that the company had told suppliers to scale back shipments of parts for its upcoming iPhone X. Digitimes, citing unnamed sources, reported that […]
Time Inc in talks to sell assets warns on third-quarter ad revenue softness Time Inc in talks to sell assets warns on third-quarter ad revenue softness:Â Time Inc (TIME.N) said on Friday it was looking to sell several assets, including Time Inc UK, and warned it experienced more-than-anticipated softness in both […]
Fed officials in muddle over permanent vs temporary inflation lull Fed officials in muddle over permanent vs temporary inflation lull: Federal Reserve officials with competing views about inflation laid out on Friday the quandary facing U.S. policymakers as they wrestle over whether a recent dip in the pace of price […]
Around the world, a muted launch for Apple’s iPhone 8 Around the world, a muted launch for Apple’s iPhone 8: Apple Inc’s (AAPL.O) launch of the iPhone 8 kicked off with less fanfare on Friday than new models in previous years in the United States, Asia, Australia and Britain, as […]
Shares in HTC rise 9.96 percent on Google’s Pixel buyout Shares in HTC rise 9.96 percent on Google’s Pixel buyout: Shares in Taiwanese technology company HTC Corp (2498.TW) rose 9.96 pct in early trading on Friday. HTC Corp announced on Thursday that Alphabet Inc’s Google (GOOGL.O) would pay $1.1 billion for […]
Despite tough talk, Canada seen unlikely to walk away from NAFTA Despite tough talk, Canada seen unlikely to walk away from NAFTA: Despite Canada’s threats to walk away from NAFTA talks if necessary, its limited success in diversifying exports leaves the nation too reliant on U.S. markets to play hardball, […]
Chevron CEO Watson to step down, Wirth likely successor Chevron CEO Watson to step down, Wirth likely successor: Chevron Corp Chief Executive John Watson will step down by the end of next month and likely be replaced by Vice Chairman Mike Wirth, a source familiar with the matter told Reuters […]
Stability concerns focus d of Yellen speech Stability concerns focus at Fed ahead of Yellen speech: The stock market’s steady rise, still low long-term bond yields and a sagging doat Fed aheallar are girding the Fed’s intent to raise interest rates again this year despite concerns about weak inflation, according […]
Chevron drops appeal over landmark Australian tax ruling Chevron drops appeal over landmark Australian tax ruling: Chevron Corp (CVX.N) has withdrawn an appeal to Australia’s High Court over a disputed A$340 million ($268 million) tax bill, leaving in place a landmark court ruling on related-party loans that could affect other […]
