Asian shares slipped on Wednesday, giving up small gains made the previous day as investors tried to come to terms with a sharp shift in U.S. bond markets and the implications for the world’s top economy.
Korean Air Lines Co Ltd shareholders rejected an extension for CEO Cho Yang-ho as director in a landmark vote on Wednesday, ending his 27-year tenure on the board of South Korea’s biggest carrier and sending its shares higher.
Profits at China’s industrial firms suffered their worst contraction since late 2011 in the first two months of this year, data showed on Wednesday, as increasing strains on the economy in the face of slowing demand at home and abroad took a toll on businesses.
Korean Air Lines Co Ltd shareholders voted on Wednesday against the airline’s proposal to extend CEO Cho Yang-ho’s term as director for three years, ending his 27-year tenure on the board of South Korea’s biggest carrier.
Asian shares slipped on Wednesday, giving up their small gains made the previous day, as investors tried to come to terms with a sharp shift in U.S. bond markets and the implications for the world’s top economy.
Michael Avenatti on Tuesday again proclaimed his innocence on charges he tried to extort millions of dollars from Nike Inc, but in an interview with CBS, admitted he was concerned about doing prison time.
Wednesday will be a pivotal day for aircraft maker Boeing Co and the federal aviation safety regulators as they try to rebuild trust following two deadly crashes of Boeing 737 MAX airliners.
Split decisions on Tuesday by a U.S. government panel in acrimonious patent disputes between iPhone-maker Apple and chip supplier Qualcomm left their battle lines largely unchanged ahead of a U.S Federal Trade Commission ruling and a major trial next month.
Swiss drugmaker Roche will close its manufacturing plant in the Brazilian city of Rio de Janeiro, shuttering operations over the next five years before selling the plot, the company said in a statement on Tuesday.
A committee tasked with revamping corporate governance at Nissan Motor Co is expected to recommend on Wednesday a bigger role for external directors in overseeing the Japanese automaker following Carlos Ghosn’s arrest and ouster as chairman.
Split decisions on Tuesday by a U.S. government panel in acrimonious patent disputes between iPhone-maker Apple and chip supplier Qualcomm left the battle lines largely unmoved ahead of a U.S Federal Trade Commission ruling and a major trial next month.
Dow Inc will replace DowDuPont Inc in the Dow Jones Industrial Average following the chemical corporation’s breakup into three smaller companies, S&P Dow Jones Indices said on Tuesday.
Lawyers for Elon Musk and the U.S. Securities and Exchange Commission will square off in a Manhattan courtroom next week over whether the Tesla Inc chief executive should be held in contempt over one of his tweets.
A Southwest Airlines Co Boeing 737 MAX 8 heading to the California desert for parking during a global ban of the aircraft made an emergency landing on Tuesday due to an engine-related problem shortly after take-off, the carrier said.
A federal judge on Tuesday scheduled an April 4 hearing to hear oral arguments in the U.S. Securities and Exchange Commission lawsuit seeking to hold Tesla Inc Chief Executive Elon Musk in contempt.
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