Business & Finance News
LONDON (Reuters) – Investor anger over the departure of WPP boss Martin Sorrell will burst into the open on Wednesday when shareholders tackle management over its handling of a boardroom battle that has gripped the British corporate scene.
YOKOHAMA (Reuters) – Nissan Motor Co Ltd said on Wednesday it expects vehicle sales in some markets to beat industry growth, driven by countries including Saudi Arabia – crucial for the Japanese firm that is struggling with slowing sales in the United States.
LONDON (Reuters) – World stocks retreated on Wednesday from one-month highs, with investor focus turning from the U.S.-North Korea summit to an expected U.S. interest rate rise and the risk of a fresh outbreak of trade tensions between China and the United States.
SINGAPORE (Reuters) – Toyota Motor Corp has agreed to buy a $1 billion stake in Southeast Asia’s Grab in the biggest investment by a carmaker into a ride-hailing firm, at a time when traditional automakers are racing to team up with disruptive tech companies.
HONG KONG (Reuters) – Tough measures to cool the property market in China’s resort island of Hainan have put the brakes on a real estate boom and underscore the policy risks developers and investors face as the government tries to rein in prices.
HONG KONG (Reuters) – Investors wiped about $3 billion off embattled Chinese telecommunications giant ZTE Corp’s market value as it resumed trade on Wednesday after agreeing to pay up to $1.4 billion in penalties to the U.S. government.
TOKYO (Reuters) – Asian shares fell on Wednesday as investors braced for a Federal Reserve policy decision later in the day and any clues it might give on future rate hikes that could alter the course of global economic growth and corporate earnings.
SINGAPORE (Reuters) – Toyota Motor Corp has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in the company’s ongoing financing round, which was launched after it bought the regional business of Uber Technologies Inc [UBER.UL].
SINGAPORE (Reuters) – Toyota Motor Corp has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in the company’s ongoing financing round, which was launched after it bought Uber Technologies’ regional business.
HONG KONG (Reuters) – Chinese telecommunications giant ZTE Corp had about $3 billion wiped off its market value as it resumed trade on Wednesday after agreeing to pay up to $1.4 billion in penalties to the U.S. government.
SINGAPORE (Reuters) – Toyota Motor Corp has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in the company’s ongoing financing round.
HONG KONG (Reuters) – The Hong Kong-listed shares of China’s ZTE Corp were set to slide 38 percent on Wednesday following a two-month trading suspension after it agreed to pay up to $1.4 billion in penalties to the U.S. government.
TOKYO (Reuters) – Asian shares edged slightly lower on Wednesday as investors looked to the Federal Reserve policy decision and any clues it might give on future rate hikes, shifting focus away from the historic U.S.-North Korea summit in Singapore.
(Reuters) – Qualcomm Inc has no plans to abandon its efforts to create processors for data centers, the company’s president, who oversees the chip division, said.
SINGAPORE (Reuters) – Oil prices fell on Wednesday, pulled down by rising supplies in the United States and expectations that voluntary production cuts led by producer cartel OPEC could be loosened.
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