Business & Finance News
Asian stocks rose on Monday after China’s central bank took steps to try to drag the yuan away from 14-month lows, but the tit-for-tat conflict over Sino-U.S. trade hung heavily on markets.
The president of CBS Entertainment said on Sunday that the broadcast network is committed to a safe workplace following a “tough week” clouded by allegations of sexual misconduct against Chief Executive Leslie Moonves.
Munich Re , the world’s biggest reinsurer, will stop investing in bonds and shares of companies that generate more than 30 percent of their sales with coal-related business, its chief executive said, caving to pressure from investors.
Indonesia lobbied visiting U.S. Secretary of State Mike Pompeo to keep the Southeast Asian nation on a list of countries that receive preferential trade terms, its foreign and trade ministers said on Sunday.
Huawei Technologies [HWT.UL] is facing increased scrutiny in Britain because it is using an aging software component sold by a firm based in the United States, one of the countries where lawmakers allege its equipment could facilitate Chinese spying, sources told Reuters.
German industrial gases group Linde said it and U.S. rival Praxair may need to sell more assets than anticipated to secure antitrust approval for their planned $87 billion tie-up, which could scupper the deal.
An easing of European banking regulation risks taking power from regulators to ensure that banks have sufficient capital to withstand crises, ECB board member Sabine Lautenschlaeger has told a German newspaper.
Canada is “very keen” on concluding negotiations to renew the North American Free Trade Agreement as soon as possible, Foreign Minister Chrystia Freeland said on Saturday, amid signs of progress after months of delays.
Canada wants negotiations to renew the trilateral NAFTA trade pact to be concluded as quickly as possible, Foreign Minister Chrystia Freeland said on Saturday, amid signs of progress after months of delays.
Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday reported a 67 percent increase in quarterly operating profit, as insurance underwriting rebounded and several businesses benefited from a growing economy and improving demand.
Berkshire Hathaway Inc on Saturday reported a 67 percent increase in quarterly operating profit, as its insurance underwriting operations rebounded from a poor quarter and several business units benefited from economic growth and improving demand.
China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion of U.S. goods showed rational restraint and they accused the United States of blackmail.
Indonesia has agreed to hand over to Malaysia a $250 million luxury yacht linked to a corruption scandal at a Malaysian state fund that it impounded in Bali earlier this year, Indonesian authorities said on Saturday.
In the cramped former home of Jack Ma, founder of the Chinese e-commerce giant Alibaba, about thirty young engineers sit elbow-to-elbow, working to attract the next million users for DingTalk, Alibaba’s workplace communication software.
China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion of U.S. goods showed rational restraint and accused the United States of blackmail.
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