OSLO (Reuters) – Executive pay is firmly in the crosshairs of Norway’s $1 trillion sovereign wealth fund as it puts its votes to work at some of the more than 9,000 companies it is invested in.
Amazon has been beefing up its home security business for quite some time now; …read more […]
(Reuters) – Colgate-Palmolive Co’s quarterly sales just met analysts’ estimates on Friday as demand in emerging markets including Latin America was below its expectations, sending its shares down 3 percent in premarket trading.
SAN FRANCISCO/NEW YORK (Reuters) – Amazon.com Inc’s expanding business of selling space on its site to merchants helped it double profits on Thursday, and some see the move as a step toward taking advertising dollars from Google and Facebook Inc.
It couldn’t be easier to do, and it’s really important. …read more […]
MOSCOW/LONDON (Reuters) – Russia’s Rusal will overhaul its board and management in the hope the United States will remove the aluminum firm from a sanctions list so it can restart shipments to its customers around the world, two sources told Reuters.
LONDON (Reuters) – World stocks rose on Friday, lifted by strong share price gains for tech giants such as Amazon and Facebook and growing hopes of a lasting peace on the Korean peninsula after a ground-breaking meeting of North and South Korean leaders.
MOSCOW (Reuters) – Russia’s Rusal will overhaul its board and management in the hope the United States will remove the aluminum firm from a sanctions list so it can restart shipments to its customers around the world, two sources told Reuters.
With a single step over a weathered, cracked slab of concrete, North Korean leader Kim Jong Un made history Friday by crossing over the world’s most heavily armed border to greet South Korean President Moon Jae-in for talks on North Korea’s nuclear weapons. Kim then invited Moon to cross briefly back into the north with him before they returned to the southern side. “I feel like I’m firing a flare at the starting line in the moment of (the two Koreas) writing a new history in North-South relations, peace and prosperity,” Kim told Moon as they sat at …read more […]
LONDON/NEW YORK/SINGAPORE (Reuters) – After bouncing up, falling down and keeping investors on the edges of their seats, bitcoin may be maturing into a period of relatively boring stability, experts say.
BERLIN (Reuters) – Volkswagen expects productivity at its core autos brand to keep growing in the months ahead because of cost cuts and full availability of higher-margin models launched last year.
QINGDAO, China (Reuters) – When Dalian Wanda, the Chinese conglomerate, announced in 2013 that it would build an $8 billion film studio in China to lure U.S. film producers, it did so with Hollywood flash.
SINGAPORE (Reuters) – Asian shares rose on Friday after U.S. equities were buoyed by a rebound in technology stocks, while markets in Seoul were underpinned by optimism as leaders of North and South Korea held their first summit in over a decade.
TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co , the world’s largest contract chipmaker, is planning a T$400 billion ($13.50 billion) investment to expand its research and development capacity for future technologies, a company spokeswoman said on Friday.
PARIS (Reuters) – Airbus bowed to weak demand for its A330 passenger jet on Friday, announcing a cut in production for 2019 after a series of bruising defeats to Boeing in contests for wide-body jets.
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