Akzo Nobel reshapes business with 10 billion euro sale
AMSTERDAM (Reuters) – Akzo Nobel will sell its chemicals business in a 10.1 billion euro ($12.6 billion) deal to buyers led by Carlyle Group, the maker of Dulux paints said…
Twitter to ban crypto ads as online crackdown widens
LONDON (Reuters) – Twitter is to ban cryptocurrency advertising, joining Facebook and Google in a clampdown on the industry over the risk of giving publicity to potential fraud or large…
China warns U.S. it will defend own trade interests
BEIJING (Reuters) – The United States has flouted trade rules with an inquiry into intellectual property and China will defend its interests, Vice Premier Liu He told U.S. Treasury Secretary…
Success for Uber’s direct loan despite driverless fatality
NEW YORK (LPC) – Uber Technologies’ self-arranged term loan B was increased to US$1.5bn, justifying the taxi app company’s unconventional approach to raising the loan and succeeding despite news that…
U.S. carmaker Ford, India’s Mahindra to develop SUVs, electric vehicle
NEW DELHI (Reuters) – U.S. carmaker Ford Motor Co (F.N) and India’s Mahindra & Mahindra (MAHM.NS) said on Thursday they have signed an agreement to develop midsize and compact sports…
Hyundai Motor shares tumble following U.S. probe of air bag failures
SEOUL (Reuters) – Shares of Hyundai Motor slid on Monday after a U.S. regulator said it had opened a probe into why some air bags failed to deploy in Hyundai…
Shares in the red as nervous markets await Fed
SYDNEY (Reuters) – Asian share markets slipped into the red on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S. interest…
Tokyo bids farewell to ‘trustworthy’ Tillerson, Seoul awaits seasoned Pompeo
TOKYO/SEOUL (Reuters) – Japan’s foreign minister said on Wednesday he personally regretted the departure of “frank, trustworthy” U.S. Secretary of State Rex Tillerson ahead of a proposed summit between President…
It’s not just theater: U.S. officials defend Trump-Kim meeting
WASHINGTON (Reuters) – U.S. officials on Sunday defended President Donald Trump’s decision to meet with North Korean leader Kim Jong Un, saying the move was not just for show and…
Trump says North Korea talks could fail or bring ‘greatest deal’
MOON TOWNSHIP, Pa. (Reuters) – U.S. President Donald Trump said on Saturday his planned meeting with North Korean leader Kim Jong Un could fizzle without an agreement or it could…