Business & Finance News
TOKYO (Reuters) – Japan is considering slapping tariffs on U.S. exports worth $409 million in retaliation against steel and aluminum import tariffs imposed by President Donald Trump, public broadcaster NHK said on Thursday.
HONG KONG (Reuters) – Shares of Tencent Holdings Ltd opened up 7 percent in Hong Kong on Thursday after it reported better-than-expected first-quarter results.
SINGAPORE (Reuters) – Asian shares held steady on Thursday, while the euro struggled near five-month lows set a day earlier following a report that Italian populist parties trying to form a coalition could ask the European Central Bank to forgive 250 billion euros of debt.
BOSTON (Reuters) – Top proxy adviser Institutional Shareholder Services on Wednesday recommended Facebook Inc investors withhold support from five directors including Chief Executive Mark Zuckerberg and vote in favor of shareholder proposals aimed at improving the social media company’s response to problems like election interference and harassment.
NEW YORK (Reuters) – If Tesla Inc Chief Executive Elon Musk needs to raise even more money, there may be a way.
(Reuters) – Network gear maker Cisco Systems Inc reported third-quarter profit and revenue that topped analysts’ estimates on Wednesday, but shares fell 4 percent after dour current-quarter forecasts indicated that the transition to a software-focused business remained a work in progress.
NEW YORK (Reuters) – If Tesla Inc Chief Executive Elon Musk needs to raise even more money, there may be a way.
NEW YORK (Reuters) – Allergan Inc was sued on Wednesday by four large U.S. retailers that accused the drugmaker of antitrust violations for trying to stop rivals from selling generic versions of Restasis, its medication to treat dry-eye disease.
DETROIT (Reuters) – Ford Motor Co said on Wednesday that production of its popular and highly profitable F-150 pickup trucks would resume on Friday at its Dearborn, Michigan, plant, which had been closed for more than a week because of parts shortages caused by a fire at a key supplier.
(Reuters) – Retail and technology stocks led Wall Street higher on Wednesday and the small-cap Russell 2000 hit a record peak, even as a rise in U.S. bond yields to an almost seven-year high suggested more competition for equities and investors fretted over geopolitics.
BOSTON (Reuters) – Proxy adviser Institutional Shareholder Services on Wednesday recommended investors withhold their support from five Facebook Inc directors, including Chief Executive Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg, citing issues including the social media company’s lack of a formal nominating committee.
DETROIT (Reuters) – Ford Motor Co said on Wednesday that production of its best-selling and highly-profitable F-150 pickup trucks will resume at its Dearborn, Michigan, plant on Friday, which had been closed due to parts shortages caused by a fire at a key supplier.
(Reuters) – Network gear maker Cisco Systems Inc reported a 4.4 percent rise in quarterly revenue on Wednesday, its second straight quarterly rise, driven by strong growth in its newer businesses such as cyber security.
NEW YORK (Reuters) – Retail and technology stocks led Wall Street higher on Wednesday as the small-cap Russell 2000 hit a record peak, even as U.S. bond yields touched near a seven-year high and investors fretted over geopolitics.
(Reuters) – Retail and technology stocks led Wall Street back to positive territory on Wednesday, and the small-cap Russell 2000 hit a new intra-day high, even as traders remained on edge about geopolitics and rising U.S. interest rates.
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