Monday, September 21, 2015

Global Business


The euro hit a 1-year high on Wednesday and German 10-year Bund yields continued to rise after doubling the

Japan, EU press ahead on free trade pact to counter US protectionism

Japanese and European Union negotiators meeting in Tokyo aim to reach a free trade deal that would stand against

Oil pipeline firms' discounts rile clients, roil markets

US pipeline operators are selling their underused space at steep discounts to keep crude flowing - angering shippers and

Japan Tobacco tries to catch up with rival in smokeless tobacco

Japan Tobacco Inc said on Wednesday it hoped to catch up with Philip Morris International Inc in smokeless tobacco

Asian markets hit by fears over Trump economic agenda

Asian markets turned negative on Wednesday as Republicans' struggle to push through controversial health care legislation fuels concerns about

Nestle plans $20.8 billion share buyback

Nestle plans to buy back as much as 20 billion Swiss francs ($20.8 billion) worth of shares over three

Activist investor calls Hong Kong market rout

Six weeks ago, David Webb, an activist investor and former director of the Hong Kong exchange, issued a report

Eurozone households borrow more in May

Growth in borrowing by households in the eurozone hit an eight-year high in May, European Central Bank data showed

Japan carrier forces wheel chairs bound man to crawl onto plane

A Japanese budget airline apologized Wednesday for forcing a wheelchair-bound man to crawl up a set of stairs to

Facebook to livestream Champions League football games

Facebook will broadcast Champions League matches for American internet users under a deal with Fox Sports, which will host

Australian bank tax spooks global investors

Australia's decision to slap a A$6.2 billion tax on its major banks has created uncertainty among global investors who

Oil creeps up from 10-month low

Oil futures edged higher on Friday with a lift from a weaker dollar, but finished a fifth straight week

EU promises tough line on China, US while pushing for free trade

German Chancellor Angela Merkel warned US President Donald Trump on Friday that Europe would react in kind if the

Russia's jet makers 'not afraid' of US competition in India

Russian military aviation firm MiG said on Friday it was ready to deepen its cooperation with India, just days

Amazon needs more warehouse to reshape grocery delivery

If Inc hopes to revolutionize grocery delivery, then its bid to buy Whole Foods Market Inc for $13.7

GM settles ignition switch lawsuits

General Motors Co has agreed to settle federal lawsuits by as many as 203 plaintiffs over defective ignition switches

central banks head for the Portuguese hills

The cool shade of the hills above Lisbon will offer leading central bankers an escape from the summer heat

Anthem to pay $115m to settle US lawsuits

Anthem Inc, the largest US health insurance company, has agreed to settle litigation over hacking in 2015 that compromised

Wal-Mart not considering a bid for Whole Foods

Wal-Mart Stores Inc is not actively considering making an offer for Whole Foods Market Inc, a source familiar with

Trump admin OKs drone sale to India

The Trump administration has authorized the sale of unarmed surveillance drones to India, the manufacturer said

Eurozone business activity slows in June

Eurozone private sector business activity slowed sharply in June but was still running at more than six-year highs, a

Asia markets end week on quiet

Asian markets limped into the weekend, with energy firms still struggling after a bruising few days, while investors eye

China, India, Japan hamper Asia oil demand growth

As the global oil market frets about a stubborn supply glut, faltering demand growth in key Asian crude importers

Egypt court ruling revives row

A court that ordered the suspension of Egypt's food inspection system based its ruling in part on the quarantine

Toshiba stock listing status downgraded

Crisis-wracked Toshiba Corp suffered further indignities on Friday, estimating bigger losses for the past financial year and getting demoted

Amazon to charge $2.8 million for NFL ad packages Inc is looking to charge advertisers $2.8 million for packages that include 30-second spots during the Thursday night

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