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Reuters Business

  • nieuwTech stocks, upbeat earnings boost Wall Street; Fed in focus
    Wall Street rose on Tuesday, helped by technology stocks, upbeat earnings reports and a rebound in few bellwether stocks, while investors awaited clues on the Federal Reserve's path for future rate hikes.
    - 23 mins ago 18 Dec 18, 3:36pm -
  • nieuwMusk's SpaceX to raise $500 million in funding: WSJ
    Elon Musk's rocket company SpaceX Corp is set to raise $500 million at a $30.5 billion valuation, the Wall Street Journal reported on Tuesday, citing people familiar with the fundraising.
    - 43 mins ago 18 Dec 18, 3:16pm -
  • nieuwOil drops on oversupply, equities sell-off
    Oil prices fell on Tuesday after reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in stock markets as the outlook for global growth deteriorated.
    - 1 hour ago 18 Dec 18, 2:41pm -
  • nieuwVolkswagen may have to step up electric car plans to meet EU CO2 targets
    Volkswagen may have to step up its plans for mass production of electric vehicles in order to meet tougher-than-expected European targets to cut greenhouse emissions from cars, its chief executive said on Tuesday.
    - 1 hour ago 18 Dec 18, 2:39pm -
  • nieuwTrump pressures Fed before meeting, warns against 'another mistake'
    U.S. President Donald Trump on Tuesday further sought to pressure the Federal Reserve as the central bank prepared to start its two-day policy meeting, warning the Fed's board not to "make yet another mistake" ahead of an expected interest rate hike.…
    - 1 hour ago 18 Dec 18, 2:37pm -
  • nieuwTwitter tumbles on concerns about hacking activity
    Twitter Inc shares fell almost 7 percent on Monday after the company said it was investigating unusual traffic that might be from state-sponsored hackers and, in what appeared to be an unrelated issue, a security firm said hackers used the platform…
    - 2 hours ago 18 Dec 18, 1:47pm -
  • nieuwGrowth fears grip world markets ahead of Fed meeting
    World stock markets, the U.S. dollar and oil prices tumbled on Tuesday as fears about a slowing global economy gripped investors, just as the U.S. Federal Reserve looks set this week to deliver its fourth interest rate hike of the year.
    - 3 hours ago 18 Dec 18, 1:28pm -
  • nieuwKroger starts use of unmanned vehicles for delivery in Arizona
    U.S. supermarket chain Kroger Co said on Tuesday it has started using unmanned autonomous vehicles to deliver groceries Scottsdale, Arizona in partnership with Silicon Valley startup Nuro.
    - 4 hours ago 18 Dec 18, 12:18pm -
  • nieuwRenault-Nissan leaders to meet amid alliance crisis
    The head of Nissan and acting CEO of Renault will hold talks during a two day meeting of their carmaking partnership starting on Tuesday, sources said, amid a crisis in relations sparked by the arrest of long-time alliance supremo Carlos Ghosn.
    - 4 hours ago 18 Dec 18, 12:18pm -
  • nieuwHuawei to spend $2 billion over five years in cybersecurity push
    Huawei Technologies [HWT.UL] on Tuesday said it would spend $2 billion over the next 5 years to focus on cybersecurity by adding more people and upgrading lab facilities, as it battles global concerns about risks associated with its network gear. The…
    - 4 hours ago 18 Dec 18, 11:40am -

The Hindu - Bussiness

NDTV - Bussines

Asia One - Bussiness

  • nieuwJohnson & Johnson moves to limit impact of report on asbestos in Baby Powder
    NEW YORK - Johnson & Johnson on Monday scrambled to contain fallout from a Reuters report that the healthcare conglomerate knew for decades that cancer-causing asbestos lurked in its Baby Powder, taking out full-page newspaper ads defending its produ…
    - 13 hours ago 18 Dec 18, 2:40am -
  • nieuwGoldman Sachs fires back after Malaysia charges bank in 1MDB probe
    NEW YORK/KUALA LUMPUR - Malaysia on Monday filed criminal charges against Goldman Sachs Group Inc related to its dealings with the sovereign wealth fund 1MDB, and Goldman Sachs fired back that the previous Malaysian government had lied to the investm…
    - 14 hours ago 18 Dec 18, 2:25am -
  • Burnout, stress lead more companies to try a 4-day work week
    BERLIN - Work four days a week, but get paid for five?It sounds too good to be true, but companies around the world that have cut their work week have found that it leads to higher productivity, more motivated staff and less burnout."It is much…
    - 1 day ago 17 Dec 18, 6:40am -
  • Genting theme park plans 'all in place', slated to open in early 2019
    GENTING'S theme park "remains very much part of our plans" and will be ready by early 2019, said Lim Kok Thay, its chairman and chief executive officer.In fact, he was hoping that the theme park would open in January next year, but "this latest twi…
    - 2 days ago 16 Dec 18, 6:53am -
  • New Proton X70 expected to boost vehicle sales in Malaysia this year
    PETALING JAYA - Proton's sport uti­lity vehicle (SUV) launch will help boost vehicle sales to close the year on a high, with the sales figure so far this year already outnumbering the 2017 figure.Malaysian Automotive Associa­tion (MAA) president…
    - 5 days ago 14 Dec 18, 3:58am -
  • Huawei $2.7b security pledge followed walkout by British official
    LONDON - Huawei's relations with British authorities hit a low last month when a top official walked out of a meeting with the Chinese company over its perceived failure to fix security holes in its products, sources familiar with the talks told Reut…
    - 5 days ago 14 Dec 18, 2:44am -
  • Half of employees in China don't take paid annual leave
    A recent survey found that nearly 50 per cent of employees do not take their paid annual leave, the paper.cn reported on Wednesday.The survey, conducted by the Ministry of Human Resources and Social Security in about 60 cities in the country, revea…
    - 6 days ago 13 Dec 18, 3:08am -
  • China's Tencent Music raises nearly $1.5b in US IPO
    NEW YORK - China-based music streaming company Tencent Music Entertainment Group's has raised close to US$1.1 billion (S$1.5 billion) in its US initial public offering (IPO) after pricing its American depositary shares (ADRs) at the low end of its in…
    - 7 days ago 12 Dec 18, 2:57am -
  • Bug business: Cockroaches corralled by the millions in China to crunch waste
    JINAN, China - In the near pitch-dark, you can hear them before you see them - millions of cockroaches scuttling and fluttering across stacks of wooden boards as they devour food scraps by the tonne in a novel form of urban waste disposal.The air i…
    - 7 days ago 11 Dec 18, 9:47am -
  • Google+ shutdown speeds up, new privacy bug affected 52.5 million users
    SAN FRANCISCO - Alphabet Inc's (GOOGL.O) Google said on Monday it would shut down its Google+ social media service in April, four months ahead of schedule, after finding a software flaw for the second time this year that allowed partner apps to acce…
    - 7 days ago 11 Dec 18, 9:35am -

Strait Times - Business

  • nieuwMorgan Stanley's S-E Asia chief to be NTUC Income chairman
    December 18, 2018 5:00 AMInsurer NTUC Income has appointed a new chairman to replace outgoing Stephen Lee Ching Yen, it announced yesterday.
    - 19 hours ago 17 Dec 18, 9:00pm -
  • nieuwCompany Briefs: SIA Engineering
    December 18, 2018 5:00 AMSIA Engineering announced late last Friday that it is divesting its entire stake in its wholly owned subsidiary Aircraft Maintenance Services Australia (AMSA) for A$4.5 million (S$4.4 million) in cash to aircraft leasing comp…
    - 19 hours ago 17 Dec 18, 9:00pm -
  • nieuwGoogle to invest $1.4b in new New York campus
    December 18, 2018 5:00 AMNEW YORK • Google's parent company Alphabet yesterday said it was investing more than US$1 billion (S$1.4 billion) to set up a campus in New York City.
    - 19 hours ago 17 Dec 18, 9:00pm -
  • nieuwHitachi to acquire ABB's power grids unit
    December 18, 2018 5:00 AMLONDON • Hitachi has agreed to buy ABB's power grids division in a deal that values the entire business at US$11 billion (S$15 billion), a plan that is aimed at turning the Japanese conglomerate into a top global provider o…
    - 19 hours ago 17 Dec 18, 9:00pm -
  • nieuwChina steps up insolvent company clean-up
    December 18, 2018 5:00 AMHONG KONG • China's effort to cut the burden of insolvent companies weighing on its slowing economy has kicked into higher gear, with a slew of bankruptcy filings that are set to enrich the case history of debt resolutions…
    - 19 hours ago 17 Dec 18, 9:00pm -
  • nieuwSTI gains despite dip in non-oil exports
    December 18, 2018 5:00 AMLocal investors looking for the much-delayed "Santa rally" had a bit to cheer about yesterday, although other regional markets were muted as risk appetites took a hit from lacklustre economic data out of China last Friday.
    - 19 hours ago 17 Dec 18, 9:00pm -
  • nieuwShareholders urge Exxon to set greenhouse gas reduction targets
    December 18, 2018 5:00 AMNEW YORK • A number of institutional investors in ExxonMobil have said they will file a shareholder resolution that calls on the world's largest oil company to set targets for lowering its greenhouse gas emissions.
    - 19 hours ago 17 Dec 18, 9:00pm -
  • nieuwWant a London home? Brexit's not the only thing to consider
    December 18, 2018 5:00 AMLONDON • Brokers have been quick to blame the uncertainty around Brexit for the downturn in London property prices, but beneath the surface, there are a number of factors suggesting declines may be inevitable no matter the…
    - 19 hours ago 17 Dec 18, 9:00pm -
  • nieuwChina's outcast steel machines finding homes in S-E Asia
    December 18, 2018 5:00 AMMANILA • China banned induction furnaces last year in a crackdown on polluting producers of low-quality steel. But these machines have made their way to parts of South-east Asia, hitting domestic steelmakers and fuelling sa…
    - 19 hours ago 17 Dec 18, 9:00pm -
  • nieuwBitter end for sugar as investors line up for 2019 losses
    December 18, 2018 5:00 AMSAO PAULO • Sugar is ending 2018 on a bitter note, with signs that a price collapse could get even worse next year.
    - 19 hours ago 17 Dec 18, 9:00pm -

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