Business & Finance News
Japanese chat app operator Line Corp will set up a bank with Mizuho Financial Group Inc and also partner China’s Tencent Holdings Ltd to offer mobile payment services – plans which saw its stock rise 13 percent on Tuesday.
H&M , the world’s second-biggest fashion retailer, said on Tuesday it would close down its struggling independent brand Cheap Monday.
British and Dutch regulators on Tuesday fined ride-hailing service Uber [UBER.UL] for failing to protect customers’ personal information during a 2016 cyber attack involving millions of users.
A senior executive at Mitsubishi Motors Corp said on Tuesday its alliance with Nissan Motor and Renault SA can survive management upheaval, a day after it fired Carlos Ghosn as chairman citing financial misconduct.
Stock markets fought to keep a global rebound alive on Tuesday after U.S. President Donald Trump seemed to quash hopes of a trade truce with China, clouding what had been a bright start to the week.
Budget carrier Norwegian Air will launch its first flights to Brazil in 2019, the company said in a statement on Tuesday.
British and Dutch regulators on Tuesday fined ride-hailing service Uber Technologies Inc for failing to protect customers’ personal information during a 2016 cyber attack involving millions of users.
Oil prices fell on Tuesday, depressed by record Saudi Arabian production even as the kingdom tried to persuade other exporters to agree output cuts ahead of an OPEC meeting next week.
Japanese chat app operator Line Corp will set up a bank with Mizuho Financial Group Inc and also partner China’s Tencent Holdings Ltd to offer mobile payment services – plans which saw its stock rise 13 percent on Tuesday.
Stock futures in Europe and the United States turned briefly positive on Tuesday and the trade-sensitive Australian dollar spiked higher after a report that U.S. President Donald Trump and Chinese President Xi Jinping had agreed on trade.
Scottish marine salvage group Ardent is adapting the tanks it used to refloat the Costa Concordia, the cruise ship wrecked off the Italian coast in 2012, to decommission North Sea oil platforms.
Japanese chat app operator Line Corp announced a tie-up with China’s Tencent Holdings to offer mobile payment services, and plans to set up a bank with Mizuho Financial Group Inc , sending its shares up 13 percent on Tuesday.
Chinese steel producers ran up losses for the first time in three years this month as prices slid into a bear market on weak demand and near-record supply, ending years of solid profit margins.
A top executive at Mitsubishi Motors Corp said on Tuesday that the days of a single automaker being able to develop new technologies on its own were fading, stressing the importance of its alliance with Nissan Motor Co and Renault SA.
Oil slipped on Tuesday, pulled down by record Saudi Arabian production even as OPEC’s top producer pushes for supply cuts ahead of the group’s meeting in Austria next week.
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