Year: 2018

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.

…read more […]

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.

…read more […]

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.

…read more […]

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.

…read more […]

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.

…read more […]

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.

…read more […]

WASHINGTON (Reuters) – Emboldened by President Trump’s pledge to loosen laws introduced following the 2007-2009 global financial crisis, U.S. banks are pushing to scrap or revise more than a dozen other lesser-known rules they say are outdated, costly and hurt economic growth.

…read more […]

NEW YORK (Reuters) – The U.S. government may start scrutinizing informal partnerships between American and Chinese companies in the field of artificial intelligence, threatening practices that have long been considered garden variety development work for technology companies, sources familiar with the discussions said.

…read more […]

PARIS (Reuters) – Airbus posted a slender first-quarter profit after delays in engine deliveries for its A320neo passenger jet, and it also cut production of the larger A330 due to weak demand.

…read more […]

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.

…read more […]

WASHINGTON (Reuters) – The U.S. economy likely slowed in the first quarter as growth in consumer spending braked sharply, but the setback is expected to be temporary against the backdrop of a tightening labor market and large fiscal stimulus.

…read more […]

(Reuters) – U.S. carrier Southwest Airlines has ordered 40 Boeing Co 737 MAX 8 jets worth $4.68 billion at list price to help modernise its fleet, the airline said.

…read more […]

(Reuters) – Amazon.com Inc more than doubled its profit on Thursday and predicted strong spring results as the world’s biggest online retailer raised the price for U.S. Prime subscribers, added U.S. football games and touted its cloud services for business.

…read more […]

CARACAS (Reuters) – Venezuela on Thursday scorned a $2.04 billion award to ConocoPhillips over a decade-old nationalization as the U.S. oil producer filed suit in a federal court to enforce the decision.

…read more […]