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Oil prices down amid record-high US production
Mon, 04 Jun 2018 06:01:18 GMT
 
The price of Brent crude declined by 34 cents or 0.4% on Monday morning, reaching $76.45 a barrel, amid expectations that major oil producers will increase supplies. >>
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Airbus projects strong demand for A330neo
Mon, 04 Jun 2018 06:01:13 GMT
 
The Airbus Chief Commercial Officer Eric Schulz said on Monday that the company will be able to generate profit from sales of A330neo jet even though it lost a number >>
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CR Pharma to make $667M general bid for Jiangzhong Pharma
Mon, 04 Jun 2018 05:16:48 GMT
 
On Monday, China Resources Pharmaceutical Group announced it would launch a $667M general bid for the entire shares of Jiangzhong Pharmaceutical, following its parent takeover deal. >>
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Spain's Barcelo seeks to bid for HNA's nearly 30% stake in NH Hotel Group
Mon, 04 Jun 2018 05:13:50 GMT
 
According to Bloomberg and the Expansion newspaper, Spain's Grupo Barcelo is thinking over to make a proposal for HNA's $781M worth shares in NH Hotel Group. >>
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China triggers tax evasion inquiry into TV and film industry
Mon, 04 Jun 2018 04:27:47 GMT
 
China is set to open a tax evasion probe into its television and film industry, the country's tax bureau announced on Sunday. >>
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UnCredit considers merger with France's rival SocGen
Mon, 04 Jun 2018 04:25:01 GMT
 
UniCredit, Italy's largest bank, is considering a merger with its French rival Societe Generale SA that could see the EY banks paving the way for banking mergers, the Financial Times >>
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Australian business' profits gain in stimulus to consumers spending
Mon, 04 Jun 2018 03:35:02 GMT
 
Australian business paid out record amounts in wages in the last quarter due to hiring boom, which provided a boost to consumer spending and income. >>
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Australia's retail sales grow 0.4% in April
Mon, 04 Jun 2018 03:33:58 GMT
 
The Australian Bureau of Statistics stated that the country's retail sales grew seasonally adjusted 0.4% to $26.5M, surpassing forecasts for a 0.3% rise. >>
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Former BoJ Governor sees it difficult to gauge inflation
Mon, 04 Jun 2018 02:33:16 GMT
 
The former BoJ Governor Masaaki Shirakawa stated that the inflation's accurate measurement became complicated amid the development of services of goods not using traditional structures of pricing. >>
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Australian CommBank agrees record penalty in ML case
Mon, 04 Jun 2018 02:32:19 GMT
 
Commonwealth Bank of Australia accepted a record $529.3M penalty to settle money laundering charges pressed by Australian financial intelligence agency. >>
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President Trump names Starks as his pick to become FCC member
Sun, 03 Jun 2018 20:31:17 GMT
 
According to the White House, the US President Donald Trump has nominated Geoffrey Starks to become the Federal Communications Commission's member for the five-year term remainder ending June 30 in >>
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France likely to sell part or all of Air France stake
Sun, 03 Jun 2018 20:27:37 GMT
 
France's government is thinking over a sale of its part or an entire Air France KLM 14.3% stake, having received an interest from AccorHotels management, the country's news agency Les >>
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Swiss luxury goods group Richemont signs takeover deal with Watchfinder
Sun, 03 Jun 2018 19:31:09 GMT
 
Richemont, the Swiss luxury goods company, said it would acquire Watchfinder.co.uk, as the luxury watchmakers seek to tap into the fast-growing pre-owned watch market. >>
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GM agrees to settle lawsuit over motorcycle and self-driving car crash
Sun, 03 Jun 2018 19:25:04 GMT
 
General Motors agreed on a lawsuit settlement with a motorcyclist who had been hit by a carmaker's self-driving car in a minor crash in San Francisco last year. >>
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Tyson Foods to sell its non-protein brands to Kohlberg & Co
Sun, 03 Jun 2018 18:33:30 GMT
 
The US largest meat processor Tyson Foods is planning to sell Sara Lee Frozen Bakery together with three other non-protein units to the private equity group Kohlberg & Co. >>
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