Business & Finance News
BUPYEONG, South Korea (Reuters) – General Motors Co’s South Korean unit canceled a news conference on Monday after a dozen temporary workers forced their way into the event venue minutes beforehand, chanting slogans that called on the automaker to hire them full time.
SYDNEY (Reuters) – Uncertainty around Commonwealth Bank of Australia’s senior leadership deepened on Monday as the chief financial officer resigned unexpectedly, the fifth executive to depart in one of the worst governance crises in the bank’s history.
TOKYO (Reuters) – Japan Airlines Co Ltd (JAL) is launching a low-cost carrier offering medium to long-haul flights, aiming to tap growing Asian demand for budget air travel.
TOKYO (Reuters) – Japan Airlines Co Ltd (JAL) said on Monday it would set up a low-cost carrier offering medium to long-haul flights.
SINGAPORE (Reuters) – Oil prices on Monday fell away from last week’s multi-year highs as a relentless rise in U.S. drilling activity pointed to increased output, while resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran.
SYDNEY (Reuters) – Asian shares shot up to near two-month highs on Monday on signs the United States and China were toning down their trade war rhetoric, while Malaysian Ringgit hit a four-month trough in the first onshore trade since a shock election result last week.
HONG KONG (Reuters) – HSBC Holdings Plc said on Monday it had performed the world’s first trade finance transaction using blockchain technology, a major step in boosting efficiency and reducing errors in the multi-trillion-dollar funding of international trade.
SYDNEY (Reuters) – Asian shares held near one-month highs on Monday on signs the United States and China were toning down their trade war rhetoric, while the dollar dipped again as investors wagered on a slower pace of U.S. interest rate hikes.
SINGAPORE (Reuters) – Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased output, while resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran.
NEW YORK (Reuters) – Xerox Corp said on Sunday it was ending a planned $6.1 billion deal with Fujifilm Holdings Corp and had reached a settlement with activist investors Carl Icahn and Darwin Deason.
NEW YORK (Reuters) – Xerox Corp said on Sunday it was ending its planned deal with Fujifilm Holdings Corp and had reached a settlement with investors Carl Icahn and Darwin Deason.
(Reuters) – Cadence Bancorp said on Sunday it had agreed to buy State Bank Financial Corp in an all-stock deal valued at about $1.4 billion.
(Reuters) – U.S. oil major ConocoPhillips has seized products belonging to Venezuelan state oil company PDVSA [PDVSA.UL] from the Isla refinery it runs on Curacao, an island official told Reuters on Sunday.
WASHINGTON (Reuters) – U.S. President Donald Trump said in a tweet on Sunday that he has asked the Commerce Department to help Chinese technology company ZTE Corp “get back into business, fast,” a concession to Beijing ahead of high-stakes trade talks that will take place this week.
WASHINGTON (Reuters) – U.S. President Donald Trump said in a tweet on Sunday that he has asked the Commerce Department to help Chinese technology company ZTE Corp “get back into business, fast,” a concession to Beijing ahead of high-stakes trade talks that will take place this week.
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