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Home2019June

Month: June 2019

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Business News

Oil prices rise as Middle East tensions simmer

June 24, 2019 admin Comments Off on Oil prices rise as Middle East tensions simmer

Oil prices climbed on Monday as tensions remain high between Iran and the United States, with U.S. Secretary of State Mike Pompeo saying “significant” sanctions on Tehran would be announced.

…read more […]

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Business News

Explainer: What’s behind Japan’s support of whaling?

June 24, 2019 admin Comments Off on Explainer: What’s behind Japan’s support of whaling?

Japan has for decades been steadfastly defiant about hunting whales despite widespread anger, including from key allies like the United States.

…read more […]

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Outlook uncertain for Japan’s whaling industry despite commercial restart

June 24, 2019 admin Comments Off on Outlook uncertain for Japan’s whaling industry despite commercial restart

When Yachiyo Ichihara was a child in Wada, one of Japan’s oldest whaling villages, she’d go down to the harbor with a bucket and carry it home full of freshly butchered whale meat.

…read more […]

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Raw, fried or on a bun: the many ways Japan eats whale

June 24, 2019 admin Comments Off on Raw, fried or on a bun: the many ways Japan eats whale

Whale cutlets, sliced raw whale, deep-fried whale nuggets, whale bacon and whale jerky feature on the menu at the restaurant Yoko Ichihara runs – and that’s just a small sample of the ways Japan eats whale.

…read more […]

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French fiscal administration launches probe over Ghosn’s wealth: Liberation

June 23, 2019 admin Comments Off on French fiscal administration launches probe over Ghosn’s wealth: Liberation

The French fiscal administration has launched an in-depth probe into the wealth of former Renault-Nissan Chairman Carlos Ghosn, French daily Liberation reported on Sunday, citing sources.

…read more […]

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U.S. arms makers see booming European demand as threats multiply

June 23, 2019 admin Comments Off on U.S. arms makers see booming European demand as threats multiply

U.S. arms makers say European demand for fighter jets, missile defenses and other weapons is growing fast amid heightened concerns about Russia and Iran.

…read more […]

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Eldorado Resorts clinches $18 billion cash and stock deal for Caesars: sources

June 23, 2019 admin Comments Off on Eldorado Resorts clinches $18 billion cash and stock deal for Caesars: sources

U.S. casino operator Eldorado Resorts Inc has agreed to acquire Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18 billion including debt, people familiar with the matter said on Sunday.

…read more […]

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Daimler warns on 2019 profit outlook as diesel issues bite

June 23, 2019 admin Comments Off on Daimler warns on 2019 profit outlook as diesel issues bite

Daimler cut its 2019 earnings outlook on Sunday after lifting provisions for issues related to its diesel vehicles to hundreds of millions of euros.

…read more […]

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U.S. explores requiring domestic 5G equipment to be made outside China: WSJ

June 23, 2019 admin Comments Off on U.S. explores requiring domestic 5G equipment to be made outside China: WSJ

U.S. President Donald Trump is looking to require next-generation 5G cellular equipment used in the United States to be designed and manufactured outside China, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

…read more […]

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Daimler cuts 2019 profit outlook on diesel issues

June 23, 2019 admin Comments Off on Daimler cuts 2019 profit outlook on diesel issues

Daimler has cut its earnings outlook for this year after lifting provisions for issues related to its diesel vehicles by “a high three-digit million euro amount”, the carmaker said on Sunday.

…read more […]

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FedEx misses delivery of Huawei package to U.S.; China paper says retaliation threatened

June 23, 2019 admin Comments Off on FedEx misses delivery of Huawei package to U.S.; China paper says retaliation threatened

FedEx Corp said on Sunday an operational error prevented a Huawei Technologies package from being delivered to the United States, just weeks after the U.S. delivery company said an error led to the Chinese firm’s packages being misdirected.

…read more […]

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Daimler cuts profit expectations on diesel issues

June 23, 2019 admin Comments Off on Daimler cuts profit expectations on diesel issues

Daimler has cut its earnings outlook for this year after lifting provisions for issues related to diesel vehicles by “a high three-digit million euro amount”, the carmaker said on Sunday.

…read more […]

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Daimler trims profit expectations on diesel issues

June 23, 2019 admin Comments Off on Daimler trims profit expectations on diesel issues

Daimler has increased provisions for issues related to diesel vehicles, the company said on Sunday, dimming the prospects for the carmaker’s second-quarter earnings.

…read more […]

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Germany’s Metro says $6.6 billion bid undervalues company

June 23, 2019 admin Comments Off on Germany’s Metro says $6.6 billion bid undervalues company

Metro said that an unsolicited offer by two prominent investors to take over the German retailer substantially undervalues it and advised shareholders on Sunday to hold off on taking action until management comments further.

…read more […]

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FedEx, in another error, misses delivery of Huawei package to U.S.

June 23, 2019 admin Comments Off on FedEx, in another error, misses delivery of Huawei package to U.S.

FedEx Corp said on Sunday an operational error prevented a Huawei Technologies package from being delivered to the United States, just weeks after the U.S. delivery firm said an error led to the Chinese firm’s packages being misdirected.

…read more […]

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