Author Archive

Asian markets gain, thanks to tech stocks and commodities – MarketWatch

By |

This article was originally published on this site Tech stocks and stabilizing commodity prices helped stocks in Asia start the week on an up note amid a lack of major data releases or other market catalysts. After notching a fifth straight weekly decline, oil prices rose steadily in Monday-morning trading, putting session gains at about…

Read more »

AirAsia X flight turned back after mid-air problem leaves cabin 'shaking like a washing machine' – Mashable

By |

This article was originally published on this site By Johnny Lieu2017-06-26 03:07:30 UTC An AirAsia X flight bound for Kuala Lumpur was forced to turn back on Sunday, after a mid-air technical issue left the plane’s cabin shaking like a “washing machine.” Flight D7237 with 359 passengers onboard left Perth at 6:50 a.m. local time,…

Read more »

Asia stocks edge up on optimism over global growth, dollar soft – Reuters

By |

Asia stocks edge up on optimism over global growth, dollar soft – Reuters

This article was originally published on this site FILE PHOTO: Passersby walk past in front of stock quotation board outside a brokerage in Tokyo, Japan, September 29, 2015. REUTERS/Issei Kato

Read more »

Crown Staff Face Chinese Judges on Illegal Gambling Charges – Bloomberg

By |

This article was originally published on this site Crown Resorts Ltd. staff detained in China since October were due in court today to face charges of illegally promoting gambling in a case that’s been the government’s most public warning to foreign casinos attempting to lure Chinese citizens overseas to gamble. The trial of 19 individuals,…

Read more »

Growth Stocks Still in Citigroup's Good Books After Recent Drop – Bloomberg

By |

Growth Stocks Still in Citigroup's Good Books After Recent Drop – Bloomberg

This article was originally published on this site Worried the recent pullback in growth stocks means the party is over for some of this year’s best investment bets? Citigroup Inc. says you needn’t be. A stalwart investment style — the practice of favoring so-called growth stocks, such as technology companies, over value shares like energy…

Read more »

Third Point, a Hedge Fund, Sets Its Activist Sights on Nestlé – New York Times

By |

This article was originally published on this site By MICHAEL J. de la MERCED June 25, 2017 LONDON — Over the past two decades, the hedge fund mogul Daniel S. Loeb has established himself as one of the biggest activist investors around. Now, he has set his sights on one of Europe’s largest corporate citizens: Nestlé, the global food giant….

Read more »

Italy making $5.8 billion in resources available to keep two banks open – CNBC

By |

This article was originally published on this site The Italian government on Sunday made 5.2 billion euros ($5.8 billion) of resources immediately available to keep operative two banks that the European Central Bank has deemed “failing or about to fail,” sending them into insolvency procedures. Premier Paolo Gentiloni defended the swift action by the government…

Read more »

Air bag maker Takata files for bankruptcy in Japan, US – Washington Post

By |

This article was originally published on this site By Tom Krisher and Marcy Gordon | AP, UNDATED — Japanese air bag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of faulty air bag inflators that are linked to the death of at…

Read more »

Before Amazon deal, Whole Foods also stood for moderate executive pay – Seattle Times

By |

This article was originally published on this site Amazon’s deal to buy Whole Foods may mark a number of things: the end of Whole Foods as an independent company; the end of grocery business; the end of the hard line between the internet and brick and mortar; the moment we should have known that Amazon…

Read more »

EU Commission Approves Billions in Aid for 2 Italian Banks – New York Times

By |

This article was originally published on this site By JACK EWING June 25, 2017 The sometimes creaky machinery of the European Union moved swiftly on Sunday to keep the struggles of two small Italian banks from undercutting confidence in the country’s fragile banking system. The European Commission approved plans by the Italian government to provide 4.8 billion…

Read more »

Facebook Auto Publish Powered By : XYZScripts.com