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Toshiba to cut PwC as auditor
Wed, 26 Apr 2017 05:08:59 GMT
 
Due to the risks of being delisted because of last year's earnings releases, Toshiba is planning to change its auditor from PwC to another company, sources claimed on Tuesday. >>
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Japanese minister steps down after comments on 2011 tsunami
Wed, 26 Apr 2017 04:27:30 GMT
 
Following claims that it was better the northeast coast was struck by the 2011 tsunami than Tokyo, the Japanese reconstruction minister who was overseeing the devastated zone stepped down from >>
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US citizen jailed for espionage in China
Wed, 26 Apr 2017 04:16:53 GMT
 
A US citizen was convicted for engaging in espionage by the Chinese court, and will be serving three years in prison before deportation back to the US. >>
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Trump to order review of US national monuments
Wed, 26 Apr 2017 03:05:19 GMT
 
Donald Trump is set to request a review of US national monuments with a goal toward resizing or rescinding some of them to reopen mining, drilling areas. >>
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China to encourage coal miners to restructure
Wed, 26 Apr 2017 03:02:03 GMT
 
Beijing is likely to persuade coal companies to restructure and merger in order to raise efficiency and return coal prices to an appropriate range, said the state planner. >>
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Trump tax plan to cut corporate income tax rate
Wed, 26 Apr 2017 02:26:49 GMT
 
Trump is expected to release a new tax proposal on Wednesday showing main principles and some cuts, such as a diminished corporate tax rate. >>
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EU tightens demands on UK residence
Wed, 26 Apr 2017 02:22:17 GMT
 
EU leaders are set to insist the UK to provide permanent residence to European Union's citizens who arrived before Brexit and stayed five more years. >>
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Erdogan sees no solution to Syrian conflict with Assad in power
Tue, 25 Apr 2017 20:13:21 GMT
 
In an interview with Reuters, the Turkish President Tayyip Erdogan said he did not see any solution to the Syrian conflict as long as the current President Assad remains in >>
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Tyson Foods strikes $4.2B deal with AdvancePierre
Tue, 25 Apr 2017 20:12:38 GMT
 
On Tuesday, Tyson Foods said it had agreed to buy the Cincinnati-based ready-to-eat sandwich producer AdvancePierre for $4.2B as a part of the company's expansion plan. >>
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Uber seeks to deploy flying taxis by 2020
Tue, 25 Apr 2017 19:06:42 GMT
 
Speaking at the Uber Elevate Summit, the CPO of Uber Technologies Jeff Holden reported the company sought to deploy first flying taxis in Texas and Dubai by 2020. >>
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Turkish PM: Turkey-EU relations at lowest mark in recent times
Tue, 25 Apr 2017 19:06:09 GMT
 
On Tuesday, the Turkish First Minister Binali Yildirim said relations between Turkey and the EU had hit the lowest mark in recent times. >>
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French billionaire seeks to acquire Christian Dior for $13.04B
Tue, 25 Apr 2017 18:04:52 GMT
 
On Tuesday, Bernard Arnault, a French billionaire, said his family was ready to acquire stake in Christian Dior SE for a total of $13.04B. >>
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Coca-Cola Q1 earnings fall behind expectations
Tue, 25 Apr 2017 18:04:13 GMT
 
Coca-Cola's Q1 net income fell short of analysts' expectations, coming in at $1.18B, or $0.27 per share, compared with $1.48B income in the year-earlier quarter. >>
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McDonald's Q1 earnings top analysts' expectations
Tue, 25 Apr 2017 17:18:36 GMT
 
The fast food giant McDonald's reported on Tuesday its first-quarter net income surged to $1.21B, or $1.47 a share, beating economists' expectations for $1.34 per share. >>
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Caterpillar upgrades its 2017 revenue and profit outlook
Tue, 25 Apr 2017 17:17:19 GMT
 
The Illinois-based construction machinery producing company Caterpillar upgraded its 2017 revenue and profit outlook, saying there are some encouraging signs in markets it serves. >>
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