U.S., China putting trade war on hold, Treasury’s Mnuchin says
WASHINGTON (Reuters) – The U.S. trade war with China is “on hold” after the world’s largest economies agreed to drop their tariff threats while they work on a wider trade…
South Korea’s LG Group chairman dies from illness at 73
SEOUL (Reuters) – The chairman of South Korea’s LG Group, Koo Bon-moo, instrumental to transforming the country’s fourth-largest conglomerate into a global brand, passed away on Sunday after a year-long…
South Korea’s LG Group chairman dies at 73
SEOUL (Reuters) – South Korea’s fourth-largest conglomerate LG Group said its Chairman Koo Bon-moo passed away on Sunday due to illness. FILE PHOTO – LG Group chairman Koo Bon-moo meets…
Exclusive: En+ set to ask U.S. for more time for Deripaska stake sale: source
LONDON (Reuters) – Russia’s En+ Group, which manages Oleg Deripaska’s aluminum and hydropower businesses, is likely to ask the U.S. Treasury for more time to reduce Deripaska’s stake, a source…
Airbus loses ground in bid to sell jets to United: sources
PARIS/NEW YORK (Reuters) – Airbus’s hopes of winning an immediate respite from slow sales of its A330neo jetliner with an order from United Airlines are dwindling, leaving a gap in…
CBS votes to end Redstone control, needs court approval
(Reuters) – CBS Corp’s (CBS.N) board on Thursday approved a special dividend that would cut controlling shareholder Shari Redstone’s stake in the U.S. media company to about 20 percent, a…
Asia oil thirst tab $1 trillion a year as crude rises to $80
SINGAPORE/MUMBAI (Reuters) – Oil prices are poised to break through $80 per barrel and Asia’s demand is at a record, pushing the cost of the region’s thirst for crude to…
George Soros’ bet on Tesla could see other investors follow suit
NEW YORK (Reuters) – If Tesla Inc (TSLA.O) Chief Executive Elon Musk needs to raise even more money, there may be a way. FILE PHOTO: Soros Fund Management Chairman George…
Sivantos and Widex in $8 billion merger to create No.3 in hearing aids
COPENHAGEN/FRANKFURT (Reuters) – Hearing aid makers Widex and Sivantos are merging to create an industry number three that can invest more in digital devices and step up the challenge to…
Deutsche Boerse’s chairman signals may not serve full term
FRANKFURT (Reuters) – The chairman of Deutsche Boerse’s (DB1Gn.DE) supervisory board said on Wednesday he would not insist on serving another full three-year term amid criticism that he is partly…