Business News
Beer maker AB InBev pumps up the volume in Africa
By Tiisetso Motsoeneng, Philip Blenkinsop and Martinne Geller
Articles by admin
Business News
U.S. farmers plow ahead with plantings as China trade war fears ebb
CHICAGO (Reuters) – U.S. farmers said they would push ahead with plantings planned before U.S.-China trade tensions eased and, now that the two countries have resumed talks, take a wait-and-see approach to President Donald Trump’s promises for more sales to China.
Business News
U.S., China nearing deal to remove U.S. sales ban against ZTE: sources
BEIJING (Reuters) – Washington and Beijing are nearing a deal that will remove an existing order banning U.S. firms from supplying telecommunications firm ZTE Corp , two people briefed on the talks said.
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U.S. will lift sales ban order against China’s ZTE: WSJ
BEIJING (Reuters) – The U.S. government will lift an order banning U.S. companies from selling components and software to China’s ZTE Corp , the Wall Street Journal reported on its Chinese microblog account, citing unnamed sources.
Business News
Asian shares stumble as dollar strengthens, oil surges
SYDNEY (Reuters) – Asian shares skidded on Tuesday as a strong dollar sapped demand for emerging market assets while surging oil prices stoked concerns about a flare-up in inflation and faster U.S. interest rate increases.
Business News
Dollar holds near four-month highs, oil near multi-year top
SYDNEY (Reuters) – The dollar hovered near four-month highs on Tuesday on renewed optimism about global growth as the United States and China agreed to drop their tariff threats, while oil stayed at multi-year peaks over potential sanctions in Venezuela.
Business News
Boeing technicians in South Carolina to vote on unionization: WSJ
(Reuters) – Some Boeing Co workers at the planemaker’s factory in South Carolina will vote on union representation later this month, the Wall Street Journal reported https://on.wsj.com/2xav6Px on Monday, citing U.S. labor regulators.
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Is Baidu Inc (ADR) a Buy?
With another key change in the C-suite, should investors be running? …read more […]
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Comcast is leaking the names and passwords of customers' wireless routers
Comcast has just been caught in a major security snafu: revealing the …read more […]
Business News
As Zuckerberg heads to Brussels, British lawmakers ask for answers
LONDON, May 22 (Reuters) – British lawmakers want their European counterparts to quiz Facebook FB.O CEO Mark Zuckerberg about a scandal over improper use of millions of Facebook users’ data, as he will not give evidence in London himself.
Business News
Exclusive: Ousted MGM CEO explores bid for the U.S. movie studio – sources
(Reuters) – Former MGM Holdings Inc Chief Executive Officer Gary Barber, who was ousted earlier this year, is speaking to investment banks about financing an offer to acquire the privately held U.S. movie studio, five people familiar with the matter said on Monday.
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Micron to buy back up to $10 billion of shares
The move follows the company’s newly announced plans to return at least 50 percent of free cash flow to stockholders starting next year, Micron said. Separately, the company announced a deal with Intel Corp to produce and ship the world’s highest-density 3D NAND flash memory chip. …read more […]
Business News
Tesla Model 3 fails to get Consumer Reports nod due to ‘big flaws’
(Reuters) – Influential U.S. magazine Consumer Reports will not recommend Tesla Inc’s Model 3 sedan, saying on Monday it braked slower than a full-sized pickup truck, taking the shine off a day of gains for shares in Elon Musk’s electric car company.
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Why TransEnterix, Inc. Stock Bolted Higher Today
TransEnterix’s shares are continuing to head higher after a strong first-quarter earnings report earlier this month. …read more […]
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Wall Street climbs on trade war truce
NEW YORK (Reuters) – U.S. stocks rose on Monday after the United States and China put their trade differences “on hold” to work on a wider agreement, while sentiment was also boosted by deal activity.