SYDNEY (Reuters) – Asian shares were subdued Monday ahead of a week packed with major economic events, while Mexico’s peso firmed as exit polls pointed to a decisive victory for presidential front-runner Andres Manuel Lopez Obrador’s party.
LeBron James is leaving home for Hollywood and an iconic team. The Los Angeles Lakers have a new superstar — L.A.-Bron. The four-time NBA MVP announced Sunday night that he has agreed to a four-year, $154 million contract with the Lakers, joining one of the league’s most storied franchises and switching conferences to try and dethrone the Golden State Warriors and grow his own legacy. …read more […]
TOKYO (Reuters) – Nissan Motor Co has canceled a potential $1 billion sale of its electric battery business to GSR Capital, citing a lack of funds with the Chinese investment firm to make the purchase.
BEIJING (Reuters) – China will significantly widen market access and oppose any kind of protectionism, Chinese Commerce Minister Zhong Shan said in an article published in the state-run People’s Daily on Monday.
SINGAPORE (Reuters) – Oil prices fell on Monday, with a Reuters survey showing Saudi Arabia has boosted supplies to a near-record 10.7 million barrels per day (bpd) in a sign the world’s top crude exporter wants to make up for disruptions elsewhere.
Oil prices fell on Monday, with a Reuters survey showing Saudi Arabia has boosted supplies to a near-record 10.7 million barrels per day (bpd) in a sign the world’s top crude exporter wants to make up for disruptions elsewhere. Brent crude oil futures were at $78.52 per barrel at 0058 GMT, down 71 cents, or 0.9 percent, from their last close. Saudi Arabia’s output is up 700,000 bpd from May, a Reuters survey found on Friday, and close to its 10.72 million bpd record from November 2016, more than making up for disruptions elsewhere within the Organization of …read more […]
BOSTON (Reuters) – Billionaire investor Daniel Loeb on Sunday stepped up pressure on food group Nestle SA , in a letter that urged its board to be “sharper,” “bolder” and “faster” in spinning off businesses and untangling its complex management structure.
TOKYO (Reuters) – The euro slipped back in early Monday trade after German Chancellor Angela Merkel was dealt a fresh blow when her interior minister offered to quit in an escalating row over migration policy.
TOKYO, (Reuters) – – Japanese manufacturing activity grew at a slightly faster pace in June, but export orders fell more than initially reported in a worrying sign of the potential impact of a heated trade dispute between the United States and major economies.
SYDNEY (Reuters) – Asian shares were subdued early Monday ahead of a week packed with major economic events, while the euro was briefly shaken by signs a German political deal on immigration might be in trouble.
Jul.01 — James Cheo, investment strategist at Bank of Singapore, discusses his outlook for markets in the second half of the year. He speaks on “Bloomberg Daybreak: Asia.” …read more […]
Jul.01 — The White House is appearing to back off a tweet sent by President Trump claiming that he has persuaded Saudi Arabia to boost oil production to its maximum capacity which could affect the fragile OPEC truce and stoke the kingdom’s rivalry with Iran. Bloomberg’s Ros Krasny reports on “Bloomberg Daybreak: Asia.” …read more […]
TOKYO (Reuters) – Oil prices fell early on Monday, following comments from the White House that the leader of Saudi Arabia promised President Donald Trump that he can raise oil production if needed.
LONDON (Reuters) – A record 75 percent of major British companies are now pessimistic about Brexit, a survey showed on Monday, adding to signs of anxiety around the economy as Britain’s divorce with the European Union draws near.
Jul.01 — Mexicans began casting votes in Sunday’s elections amid signs they’re set to hand the presidency to a left-wing leader for the first time in decades. Bloomberg’s Carlos Manuel Rodriguez reports on “Bloomberg Daybreak: Australia.” …read more […]
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