WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday oil prices were too high and blamed OPEC, renewing his attack even as prices fell on Wednesday amid expectation that the group may relax its output cuts later this month.
BEIJING (Reuters) – China’s biggest ride-sharing company Didi Chuxing said on Wednesday its car-pooling service drivers can only pick up passengers of the same sex in early morning and late evening, part of an on-going effort to regain trust following a murder of a female passenger earlier this year.
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday renewed his attack on OPEC and again criticized the coalition of petroleum producing countries for rising oil prices.
LONDON (Reuters) – The world’s biggest advertising agency WPP faced a shareholder revolt over its handling of the departure of former CEO Martin Sorrell after large votes against the chairman and the company remuneration report.
(Reuters) – A court approval for AT&T’s $85 billion takeover of Time Warner lifted media and telecom shares on Wednesday, helping U.S. stock futures ahead of the U.S. Federal Reserve’s policy announcement.
(Reuters) – Shares of AT&T Inc fell 2 percent on Wednesday after a federal judge approved the telecom company’s $85 billion buyout of Time Warner Inc, clearing the path for more deals in a rapidly changing media industry.
LONDON (Reuters) – World stocks hovered near one-month highs on Wednesday as an expected U.S. interest rate rise and risks of a fresh outbreak of trade tensions between China and the United States overshadowed a generally benign political and economic backdrop.
LONDON (Reuters) – Investor anger over the departure of WPP boss Martin Sorrell will burst into the open on Wednesday when shareholders tackle management over its handling of a boardroom battle that has gripped the British corporate scene.
YOKOHAMA (Reuters) – Nissan Motor Co Ltd said on Wednesday it expects vehicle sales in some markets to beat industry growth, driven by countries including Saudi Arabia – crucial for the Japanese firm that is struggling with slowing sales in the United States.
LONDON (Reuters) – World stocks retreated on Wednesday from one-month highs, with investor focus turning from the U.S.-North Korea summit to an expected U.S. interest rate rise and the risk of a fresh outbreak of trade tensions between China and the United States.
SINGAPORE (Reuters) – Toyota Motor Corp has agreed to buy a $1 billion stake in Southeast Asia’s Grab in the biggest investment by a carmaker into a ride-hailing firm, at a time when traditional automakers are racing to team up with disruptive tech companies.
HONG KONG (Reuters) – Tough measures to cool the property market in China’s resort island of Hainan have put the brakes on a real estate boom and underscore the policy risks developers and investors face as the government tries to rein in prices.
HONG KONG (Reuters) – Investors wiped about $3 billion off embattled Chinese telecommunications giant ZTE Corp’s market value as it resumed trade on Wednesday after agreeing to pay up to $1.4 billion in penalties to the U.S. government.
TOKYO (Reuters) – Asian shares fell on Wednesday as investors braced for a Federal Reserve policy decision later in the day and any clues it might give on future rate hikes that could alter the course of global economic growth and corporate earnings.
AT&T Inc. prevailed in its grueling fight with the Justice Department on Tuesday, finally clearing the way for its 2016 Time Warner Inc. deal to take effect. AT&T Chief Executive Officer Randall Stephenson looks to use his new role as a media baron to roll out new services, offer lower prices and create new bundles of entertainment. The major cable and satellite companies have been hemorrhaging traditional customers, with cord-cutters signing up instead for Netflix Inc. and other services. …read more […]
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