Asia stocks skittish as investors seek shelter before Trump-Xi meeting Asian shares inched lower on Tuesday as caution reigned ahead of a potentially tense meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping later this week. The dollar lost ground after investors sold stocks overnight and looked […]
Elon Musk mocks short sellers after Tesla stock surge As Tesla Inc's (TSLA.O) strong quarterly vehicle deliveries sent its stock to a record high on Monday, Chief Executive Elon Musk took a swipe at traders betting the luxury electric car company is on a road to ruin. "Stormy weather in […]
FTSE Russell to announce in July decision on adding Snap shares FTSE Russell to announce in July decision on adding Snap shares:- Index fund provider FTSE Russell expects to announce in July whether it will include in its indexes shares of Snap Inc and other companies whose share structure denies […]
Toshiba to seek loan support from creditor banks Tuesday Toshiba to seek loan support from creditor banks Tuesday:- Toshiba Corp will meet creditor banks on Tuesday to ask them to accept as collateral shares in its memory chip unit being split off and other businesses and not call in their […]
WhatsApp mulls foray into digital payments with India launch WhatsApp mulls foray into digital payments with India launch:- Instant messaging app WhatsApp, owned by Facebook Inc, is mulling a foray into digital payment services in India, its first such offering globally, and has advertised to hire a digital transactions lead […]
Global stocks ease ahead of Trump-Xi meeting, dollar gains Global stocks ease ahead of Trump-Xi meeting, dollar gains:- Global equity markets eased on Monday as investors awaited the first meeting later this week between U.S. President Donald Trump and Chinese President Xi Jinping, while the dollar gained on a positive […]
Wall Street down on weak auto sales, doubts about Trump agenda Wall Street down on weak auto sales, doubts about Trump agenda:- Wall Street closed slightly lower on Monday as March auto sales disappointed and investors questioned whether the Trump administration would deliver on its pro-business economic stimulus. Stocks had […]
Akzo Nobel CEO says PPG proposal is insufficient Akzo Nobel CEO says PPG proposal is insufficient:- Akzo Nobel (AKZO.AS) CEO Ton Buechner repeated on Monday his opposition to a March 20 takeover proposal from U.S. rival PPG Industries (PPG.N), saying he sees no merit in negotiating with PPG. Buechner and […]
Top-20 Akzo Nobel investor backs talks with PPG over revised bid Top-20 Akzo Nobel investor backs talks with PPG over revised bid:- A top-20 investor in Akzo Nobel (AKZO.AS) said on Monday he wanted the firm to engage with U.S. rival PPG Industries (PPG.N) over a revised bid raising pressure […]
FCC limits order on Charter extending broadband service FCC limits order on Charter extending broadband service:- The U.S. Federal Communications Commission is reversing a requirement imposed under the Obama administration that Charter Communications Inc extend broadband service to 1 million households already served by a competitor, under an order to […]
