SYDNEY (Reuters) – Asian shares climbed on Monday, as technology stocks were bolstered by solid earnings from U.S. tech stalwarts and on strong pre-orders for Apple’s iPhone X, while oil hovered around a 2-year peak on supply fears. A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016.
(Reuters) – General Electric Co (GE.N) executives did not tell the multinational conglomerate’s board until October about a spare business jet that routinely flew for its now-retired chief executive, the Wall Street Journal reported on Sunday, citing people familiar with the matter. FILE PHOTO – General Electric Co Chief Executive Jeff Immelt speaks at a
WASHINGTON (Reuters) – The U.S. National Highway Traffic-Safety Administration said Friday it is looking for input on how it can remove regulatory roadblocks to self-driving cars. FILE PHOTO -The rear of a Lexus SUV equipped with Google self-driving sensors is seen during a media preview of Google’s prototype autonomous vehicles in Mountain View, California September
BEIJING (Reuters) – China is stepping up its oversight of cash loans offered through the internet amid growing concerns over rapid growth in the lightly regulated industry, a business media report said on Saturday. FILE PHOTO: A staff member walks in front of the headquarters of the People’s Bank of China (PBOC), the central bank,
NEW YORK (Reuters) – Investors are increasingly pricing in the effect of a corporate tax cut into the shares of U.S. companies, leaving the market primed for a steep sell-off if the Republican-controlled Congress fails to pass one of President Donald Trump’s top priorities. FILE PHOTO: A street sign is seen in front of the
(Reuters) – U.S. pharmacy operator CVS Health Corp’s (CVS.N) move to buy health insurer Aetna Inc (AET.N) could shore-up CVS’ vulnerable pharmacy business and spur another round of dealmaking in an industry fearing Amazon’s arrival, analysts said. Shares of Aetna, the third-largest U.S. health insurer, closed down 3 percent on Friday after closing 12 percent
MONTREAL (Reuters) – Bombardier Inc (BBDb.TO) secured the future of its struggling CSeries jet but still needs to find ways to spur growth in other units that have aging products or face larger rivals, industry players and analysts said. A Bombardier CSeries aircraft is pictured during a news conference to announce a partnership between Airbus
HOUSTON (Reuters) – Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), two of the world’s largest oil producers, said on Friday their quarterly profits each jumped about 50 percent, helped by rising commodity prices and lower costs. FILE PHOTO: An airplane comes in for a landing above an Exxon sign at a gas station in
ZURICH (Reuters) – Swiss specialty chemicals maker Clariant and Huntsman have agreed to abandon their proposed $20 billion merger, bowing to a growing number of shareholders who had joined activist investor White Tale to oppose the deal. The logo of Swiss specialty chemicals company Clariant is seen at the company’s headquarters in Pratteln, Switzerland August
(Reuters) – Microsoft Corp (MSFT.O) reported a better-than-expected quarterly profit on Thursday as demand for its cloud computing services for companies rose and its personal computer software business stabilized. FILE PHOTO: An promotional video plays behind a window reflecting a nearby building at the Microsoft office in Cambridge, Massachusetts, U.S. on May 15, 2017. REUTERS/Brian
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits increased less than expected last week, suggesting the labor market continued to tighten after recent hurricane-related disruptions. FILE PHOTO: A man looks over employment opportunities at a jobs center in San Francisco, California, U.S, February 4, 2010. REUTERS/Robert Galbraith/File Photo Initial claims for state
BENGALURU (Reuters) – The global economy is on its best roll in years and set to do better in 2018, but economists in Reuters polls around the world mostly said synchronous growth is not about to spawn significant price pressures. FILE PHOTO – Consumers shop for food at a market in Sao Paulo, Brazil January
(Reuters) – Amgen Inc (AMGN.O) reported higher-than-expected third quarter profit on Wednesday as lower research and other costs and higher operating margins helped offset sales declines in some of its biggest established products. FILE PHOTO – An Amgen sign is seen at the company’s office in South San Francisco, California, U.S. on October 21, 2013.
STOCKHOLM (Reuters) – Swedish prosecutors on Wednesday appealed a court ruling earlier in October that an employee at Canadian aircraft and train maker Bombardier (BBDb.TO) was innocent of bribery, the Prosecution Authority said in a statement. A logo of jet manufacturer Bombardier is pictured on their booth during the European Business Aviation Convention & Exhibition
WASHINGTON (Reuters) – Republicans and Wall Street scored a hard-fought victory on Tuesday when the U.S. Senate killed a new ban on financial companies requiring customers to surrender their right to sue in order to open accounts. The U.S. Capitol building is seen at sunset in Washington, U.S. May 17, 2017. REUTERS/Zach Gibson Republican Vice