• By Reuters   -   Jun 20, 2018

    CHINA'S XIAOMI PLANS TO RAISE UP TO $6.1 BILLION IN HONG KONG IPO: SOURCES

    HONG KONG - Chinese smartphone maker Xiaomi is planning to raise up to $6.1 billion from a Hong Kong initial public offering, sources...

    businessNews
  • By Reuters   -   Jun 20, 2018

    SOFTBANK'S SON TO PRIORITIZE UNICORN HUNTING AS FIRM SHIFTS FOCUS

    TOKYO - SoftBank Group Corp Chief Executive Masayoshi Son said on Wednesday he plans to devote the bulk of his time to hunt for technology...

    World, Technology, Tech, businessNews
  • By Reuters   -   Jun 20, 2018

    SOFTBANK'S SON TO FOCUS ON INVESTING TO SPEED UP MAJOR COMPANY SHIFT

    TOKYO - SoftBank Group Corp's CEO Masayoshi Son said on Wednesday he plans to devote the bulk of his time to hunt for technology investments...

    World, Technology, Tech, businessNews
  • By Reuters   -   Jun 20, 2018

    ASIAN STOCKS PICK UP STEAM AS HOPES OF POLICY SUPPORT LIFT CHINA

    SHANGHAI - Asian stock markets picked up steam in afternoon trade on Wednesday after a wobbly morning session, highlighting the lingering...

    Market, businessNews
  • By Reuters   -   Jun 20, 2018

    LATECOMER SANOFI LOOKS TO CATCH NEXT WAVE OF CANCER THERAPIES

    PARIS - Sanofi missed the boat on immune system-boosting cancer drugs. Now it's trying to catch up.

    businessNews
  • By Reuters   -   Jun 20, 2018

    ZTE'S HONG KONG SHARES RISE AFTER CLARIFICATION OF U.S. BILL IMPACT

    HONG KONG - Shares of China's ZTE Corp rose as much as 18 percent in Hong Kong on Wednesday as the impact of a U.S. Senate bill that...

    U.S., businessNews
  • By Reuters   -   Jun 20, 2018

    FOX TO CRAFT SCRIPT FOR M&A SUMMER BLOCKBUSTER

    Twenty-First Century Fox Inc's board is set to decide on Wednesday whether to entertain Comcast Corp's $65 billion cash bid for the...

    Entertainment, businessNews
  • By Reuters   -   Jun 20, 2018

    TRUMP SAYS WOULD BACK BOTH HOUSE IMMIGRATION BILLS AS SEPARATION CRISIS GROWS

    WASHINGTON - U.S. President Donald Trump told Republican lawmakers on Tuesday he would back either of the immigration bills making...

    U.S., Republicans, Donald Trump, politicsNews
  • By Reuters   -   Jun 20, 2018

    GE LOSES CENTURY-OLD SPOT IN THE DOW

    After more than 100 years as a Dow component, General Electric is losing its spot in the closely-watched marquee stock market index...

    Market
  • By Reuters   -   Jun 20, 2018

    U.S. SHALE PRODUCERS WARN CHINESE TARIFFS WOULD HIT ENERGY EXPORTS

    HOUSTON - China's proposed tariffs on U.S. petroleum imports, part of a mounting trade war between the two countries, would crimp sales...

    U.S., Industry, businessNews
  • By Reuters   -   Jun 20, 2018

    DOW-NED BUT NOT OUT: EXPULSION NO BODY BLOW FOR GE SHAREHOLDERS

    General Electric Co's expulsion from the elite Dow Jones Industrial Average may be a bitter pill to swallow for shareholders, but it...

    U.S., Industry, businessNews
  • By Reuters   -   Jun 20, 2018

    CHINA STOCKS EXTEND SLUMP, TEMPER ASIAN BOUNCE AS TRADE WAR ANXIETY GROWS

    SHANGHAI - China's stock markets slumped on Wednesday, extending a rout from the previous day as the prospect of a full-blown Sino-U.S....

    U.S., Market, businessNews
  • By Reuters   -   Jun 20, 2018

    ASIA BUSINESS SENTIMENT SLIPS FROM SEVEN-YEAR HIGH ON TRADE WORRIES: THOMSON REUTERS/INSEAD

    KUALA LUMPUR - Business confidence among Asian companies slipped for the first time in three quarters, on mounting worries that U.S....

    U.S., Donald Trump, businessNews
  • By Reuters   -   Jun 20, 2018

    GOLDMAN SACHS TO INVEST $500 MILLION IN WOMEN-RUN COMPANIES

    Goldman Sachs Group Inc will pump $500 million into companies led, founded or owned by women, as it steps up efforts to close the gender...

    Running, businessNews
  • By Reuters   -   Jun 20, 2018

    CHINESE PAPER SAYS TRUMP ADMINISTRATION HAS 'BLOOD LUST' OVER TRADE

    BEIJING - The Trump administration has "blood lust" when it comes to pushing its trade agenda against China and wants to "suck the...

    Running, Economy, businessNews
  • By Reuters   -   Jun 20, 2018

    STOCKS RECOVER FROM EARLIER ROUT BUT TRADE WAR FEARS SEEN CAPPING GAINS

    SHANGHAI - Stocks in Asia rebounded from recent losses on Wednesday as investors sought bargains, a day after the specter of a U.S.-China...

    U.S., Market, businessNews
  • By Reuters   -   Jun 20, 2018

    TRUMP SAYS WOULD BACK BOTH U.S HOUSE IMMIGRATION BILLS AS SEPARATION CRISIS GROWS

    WASHINGTON - U.S. President Donald Trump told Republican lawmakers on Tuesday he would back either of the immigration bills making...

    U.S., Republicans, Donald Trump, politicsNews
  • By Reuters   -   Jun 20, 2018

    SILICON VALLEY-STYLE CODING BOOT CAMP SEEKS TO RESET JAPAN INC

    TOKYO - Barely six months after inaugurating a tiny software-coding boot camp in a basement in Tokyo, Silicon Valley transplant Kani...

    Style, businessNews
  • By Reuters   -   Jun 20, 2018

    ASIAN MARKETS REBOUND ON BARGAIN-HUNTING, SHRUG OFF TRADE WAR THREATS

    SHANGHAI - Stocks in Asia rebounded from recent losses on Wednesday as investors sought bargains, a day after the specter of a U.S.-China...

    U.S., Market, businessNews
  • By Reuters   -   Jun 20, 2018

    GENERAL ELECTRIC LOSES PLACE IN ELITE DOW JONES INDUSTRIAL AVERAGE

    General Electric Co has lost its spot in the Dow Jones Industrial Average after over a century in the blue chip stock index, a new...

    Industry, businessNews