Business & Finance News
LONDON/CANNES, France (Reuters) – This spring, Pernod Ricard’s Malibu Rum paid American singer Nick Jonas to host a competition in Vietnam that began with 33 Instagram stars battling to catch fake pineapples while flying off a giant waterslide into the sea.
(Reuters) – Shares of Facebook Inc fell more than 1 percent in premarket trade on Tuesday, after a report said that a federal probe on the data breach linked to Cambridge Analytica was broadened and will include more government agencies.
(Reuters) – Ford Motor Co on Tuesday reported an about 1.2 percent rise in U.S. auto sales in June, helped by a new record for sport utility vehicles for the month.
BRUSSELS/BERLIN (Reuters) – China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump’s trade policies at a summit later this month but is facing resistance, European officials said.
(Reuters) – Wall Street was set to open higher on Tuesday on the back of gains in oil prices and shares of big technology companies.
LONDON (Reuters) – The tiny but ultra-rich Gulf state of Qatar has agreed to buy one of New York’s most iconic buildings, the Plaza Hotel, for around $600 million, adding a development that was once owned by U.S. President Donald Trump to its luxury property portfolio.
(Reuters) – U.S. stock index futures rose on Tuesday, boosted by a jump in oil prices and early gains in big technology stocks.
LONDON (Reuters) – U.S. authorities have demanded the U.S. arm of Glencore Plc hand over documents relating to its business in Nigeria, the Democratic Republic of Congo and Venezuela, sending shares in the parent company down more than 10 percent.
SEOUL (Reuters) – Hyundai Motor’s unionized workers in South Korea voted on Tuesday to strike over stalled wage talks, adding to the woes of the automaker that is bracing for potential new U.S. tariffs amid falling profits.
SINGAPORE (Reuters) – AirAsia X Bhd needs to ensure the price, performance and engines of the Airbus SE A330neo are right before it will “finally confirm” its order for 66 of the jets, its co-group chief executive said on Tuesday.
LONDON (Reuters) – World stocks rose on Tuesday, supported by gains in Europe and three straight days of tech-driven rises in the United States, even though markets across Asia and especially China remained in the grip of trade turbulence.
LONDON (Reuters) – Chicago-based Cboe Global Markets will open a European Union stock trading venue in Amsterdam as Britain leaves the bloc, adding to the Dutch city’s Brexit spoils.
SHANGHAI/BEIJING (Reuters) – Chinese state-backed media group CMC Inc said on Tuesday it raised around 10 billion yuan ($1.49 billion) in a fundraising round from investors including tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd .
SHANGHAI/HONG KONG (Reuters) – The U.S. government has moved to block China Mobile from offering services to the U.S. telecommunications market, recommending its application be rejected because the firm posed national security risks.
SEOUL (Reuters) – New York-based hedge fund Mason Capital Management has filed a legal claim seeking at least $175 million from the South Korean government as compensation for damages it says it sustained from a 2015 merger of two Samsung Group affiliates.
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