Chinese PC maker Lenovo Group reported a 21 percent rise in quarterly net profit, beating expectations, thanks to more premium computers it was able to sell.
Japan’s Toshiba Corp said on Thursday it is exiting its U.S. liquefied natural gas (LNG) business and paying an overseas “buyer” it did not identify $800 million to assume its commitment to purchase 2.2 million tons per year of the fuel from Freeport LNG in Texas.
Starbucks Corp said on Wednesday it was partnering with UberEats to deliver coffee and food in Tokyo starting Friday, as the world’s largest coffee chain looks to boost sales in Japan, one of its major Asia-Pacific markets.
Toshiba Corp said it is liquidating its British nuclear power unit and selling its U.S. liquefied natural gas business, in an effort to shed troubled assets that could have exposed the Japanese company to future losses.
Bombardier Inc is set to announce the sale of its Q400 turboprop aircraft program to Canadian aircraft manufacturer Viking Air, a person familiar with the matter said late on Wednesday.
Toshiba Corp said it is cutting headcount and liquidating its UK nuclear power unit in an effort to reduce costs as it struggles to find new growth pillars.
China reported stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, seeking to beat higher tariff rates due to kick in at the start of next year.
China’s state-owned Sinopec signed purchase agreements worth $45.6 billion on Thursday, covering supplies of crude oil, chemicals, coal and equipment.
Asian stocks rose to a one-month peak on Thursday as investors, relieved to have moved past the U.S. midterm elections without any major political surprises, drove a Wall Street rally, while the dollar bounced and pulled away from 2-1/2-week lows.
InnerScope and Erchonia have entered into Joint Development & Exclusive Distribution Agreements and intend to obtain a 510k FDA-Clearance via clinical trial to study the effect on using Erchonia’s Low-Level Laser Therapy Technology for […]
Alphabet Inc’s Google is nearing a deal to buy or lease an office building in New York City that could add space for more than 12,000 new workers, The Wall Street Journal reported on Wednesday, citing sources.
Lance Roberts, Chief Investment Strategist for Clarity Financial and the Editor for Real Investment Advice.com, explains his concern for a possible “capital destruction event” over the next 24 months, once the “everything bubble” inevitably bursts. Lance […]
UBS Group AG , Switzerland’s largest bank, said it expects to be sued by the U.S. Department of Justice as early as Thursday on civil charges related to the sale of mortgage-backed securities in the run-up to the 2008-09 financial crisis, according to a company statement.
It was the lunch-hour rush at the Court Square Diner in New York’s Long Island City on Wednesday, and co-owner Nick Kanellos pointed to the elevated subway tracks that rattle overhead as he fretted over the news that Amazon may build a major outpost in the neighborhood.
UBS , Switzerland’s largest bank, said it expects to be sued by the U.S. Department of Justice as early as Thursday on civil charges related to the sale of mortgage-backed securities in the run-up to the 2008-09 financial crisis, according to a company statement.
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