Chinese internet stock sell-off may shake faith in FANGs
SAN FRANCISCO (Reuters) – A steep downturn in heavyweight Chinese internet stocks and recent weakness in half of the so-called FANG group have some investors worried that a key component…
Google employees demand more oversight of China search engine plan
SAN FRANCISCO (Reuters) – Google is not close to launching a search engine app in China, its chief executive told staff on Thursday, the New York Times reported, as employees…
China finds second African swine fever case at WH Group plant
BEIJING (Reuters) – China found its second case of African swine fever (ASF) on Thursday at a slaughterhouse owned by WH Group Ltd’s Chinese unit, stirring concerns about the spread…
Stocks, emerging currencies, lick wounds as lira bounces for second day
LONDON (Reuters) – Action from Turkey’s central bank pushed the lira higher for a second day on Wednesday, helping European stocks and emerging currencies consolidate recent losses though the dollar…
Exclusive: Carlyle starts preparations for listing of chemicals group Atotech – sources
FRANKFURT (Reuters) – Buyout group Carlyle (CG.O) is starting preparations for a stock market listing of German speciality chemicals group Atotech, a former unit of oil group Total (TOTF.PA), which…
Musk says talking to Saudi fund, others on Tesla buyout
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Monday he was in discussions with Saudi Arabia’s sovereign wealth fund and other potential backers of his plan to…
Asia shares, euro under water as Turkish lira sinks
SYDNEY (Reuters) – Asia share markets skidded and the euro hit one-year lows on Monday as a renewed rout in the Turkish lira drove demand for safe harbors, including the…
Trump backs boycott of Harley Davidson in steel tariff dispute
WASHINGTON (Reuters) – President Donald Trump backed boycotting American motorcycle manufacturer Harley Davidson Inc (HOG.N) on Sunday, the latest salvo in a dispute between the company and Trump over tariffs…
Exclusive: Saudi Arabia’s PIF has shown no interest in bankrolling Tesla buyout
DUBAI/RIYADH/LONDON (Reuters) – Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc (TSLA.O) CEO Elon Musk’s proposed $72 billion deal to take the…
China’s CNPC takes over Total’s share in big Iran gas project: Iranian agency
DUBAI (Reuters) – China’s state-owned energy major CNPC has taken over the share in Iran’s multi-billion dollar South Pars gas project held by France’s Total (TOTF.PA), the Iranian state news…