Sep.09 — Kim Jong Un presided over a tempered military parade, in a sign that he wants to revive stalled nuclear talks. U.S. President Donald Trump praised Kim for the parade’s reported lack of nuclear weapons, calling it a “big and very positive statement.” Bloomberg’s Peter Pae reports. …read more […]
Oil prices rose on Monday as the number of U.S. rigs drilling for new production was cut last week and as the market is expected to tighten once U.S. sanctions against Iran’s crude exports kick in from November.
Toyota Motor Corp said on Monday its transmission factory in northern Japan was preparing to resume production some time during the night shift starting at 8:30 p.m. (1130 GMT), after a powerful quake halted work last week.
Asian shares started the week in the red again on Monday, faltering for the eighth straight day and the dollar climbed against major currencies after U.S. President Donald Trump raised the stakes in the heated trade dispute with China.
Leslie Moonves, the top executive at CBS Corp since 2006 and a major figure at the broadcast network and media company for more than two decades, resigned on Sunday amid a new wave of allegations against him of sexual assault and harassment.
Investa Office Fund said it has set Sept. 17 as the date for its shareholders to vote on Blackstone Group’s sweetened A$3.3 billion ($2.4 billion) bid.
Shares of Viacom Inc could rise “at least” 20 percent over the coming year as the company’s strategy to revitalize itself for the digital age takes root, according to Barron’s.
Sep.09 — China’s chances of escaping the trade conflict with the U.S. with only minor damage to its economy just got slimmer. On Friday, U.S. President Donald Trump doubled down on his threats to impose higher tariffs on the nation’s goods. Stephen Engle reports on “Bloomberg Daybreak: Australia.” …read more […]
CBS Corp CEO Leslie Moonves resigned from the company, the company said on Sunday, amid fresh allegations of sexual assault and harassment.
Roche faces a fresh row over drug pricing in Britain, following a decision by the body responsible for medicine use within the state health service not to approve its drug Ocrevus for treating a highly disabling form of multiple sclerosis (MS).
The U.S. Securities and Exchange Commission said on Sunday it was immediately suspending trading in two investment products that track cryptocurrencies, citing “a lack of current, consistent and accurate information.”
Get the lowdown on this much-misunderstood feature of the Social Security program. …read more […]
Jack Ma, co-founder of Alibaba Group Holding Ltd., is expected to announce Monday his plans for stepping down from the e-commerce giant and handing over responsibilities to senior management. Since founding … …read more […]
WASHINGTON (AP) — Ford won’t be moving production of a hatchback wagon to the United States from China — despite President Donald Trump’s claim Sunday that his taxes on Chinese imports mean the Focus Active can be built in America. …read more […]
Campbell Soup Co’s board is drawing up a list of CEO candidates, with Chief Operating Officer Luca Mignini emerging as the top internal contender, as the company seeks to fend off a proxy challenge from Daniel Loeb’s hedge fund, Third Point LLC, people familiar with the matter said.
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