Sterling up after May wins confidence vote; stocks climb
NEW YORK (Reuters) – Major world stock indexes rose on Wednesday, with the S&P 500 supported by sharply higher U.S. bank shares after strong earnings, while the pound was up…
Airbus steps up pressure on suppliers over Canadian jet
MONTREAL (Reuters) – Europe’s Airbus is ratcheting up pressure on suppliers like United Technologies to cut costs for its Canadian-developed A220 jetliner as it expands factory facilities to cope with…
Newmont takes top gold producer spot with $10 billion Goldcorp buy
(Reuters) – Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc for $10 billion, creating the world’s biggest gold producer in the face of dwindling easy-to-find…
After Monsanto patent ruling, Indian farmers hope for next-gen GM seeds
MUMBAI/NEW DELHI (Reuters) – A court ruling in India this week that upheld a Monsanto patent on genetically modified (GM) cotton seeds has raised hopes among farmers that the company…
Nissan has canceled lease on Ghosn’s Tokyo apartment: Ghosn lawyer
A court sketch, drawn by Nobutoshi Katsuyama, shows ousted Nissan Motor Co Ltd chairman Carlos Ghosn during an open hearing to hear the reason for his continued detention, at Tokyo…
Asia shares recover as China stocks rise after weak data
TOKYO (Reuters) – Asian shares edged up on Thursday as stimulus expectations and a rise in the yuan helped Chinese equities erase early losses, while markets awaited more news on…
Amazon CEO Jeff Bezos and wife MacKenzie to divorce
(Reuters) – Amazon.com Inc founder and Chief Executive Jeff Bezos, the world’s richest man, and wife MacKenzie Bezos are divorcing after 25 years of marriage, the couple said on Twitter…
China has ‘good faith’ to fix trade issues as talks with U.S. resume
BEIJING (Reuters) – China has the “good faith” to work with the United States to resolve trade frictions, the Foreign Ministry said on Monday, as the world’s two largest economies…
Chinese gay dating app halts registration after underage HIV report
BEIJING (Reuters) – Chinese gay dating app Blued is halting new user registration for a week, it said on Sunday, following media reports that underage users caught HIV after going…
Southeast Asia wary of China’s Belt and Road project, skeptical of U.S.: survey
SINGAPORE (Reuters) – Southeast Asian countries should be cautious in negotiating with China on its flagship Belt and Road Initiative (BRI) to avoid being trapped in unsustainable debt, 70 percent…