Business & Finance News
SEOUL (Reuters) – South Korean prosecutors have raided LG Group’s head office as part of a probe into alleged tax evasion by family members controlling the conglomerate, the prosecutors’ office said on Wednesday.
TOKYO (Reuters) – Toyota Motor Corp on Wednesday forecast a 4.2 percent slide in operating profit for the current financial year, as it expects a stronger yen to offset slightly higher global vehicle sales and cost reductions.
NEW YORK (Reuters) – American International Group Inc faces an uphill climb to convince shareholders to approve a $43.1 million pay package for Chief Executive Officer Brian Duperreault during the company’s annual meeting on Wednesday.
TOKYO (Reuters) – Crude oil prices jumped back to near 3 1/2-year highs on Wednesday after President Donald Trump pulled the United States out of an international nuclear deal with Iran, sparking worries about global oil supplies.
(Reuters) – AT&T Inc said on Tuesday it had hired Essential Consultants, a company linked to Donald Trump lawyer Michael Cohen, to advise it on working with the new administration in early 2017, around the time of Trump’s inauguration.
TOKYO (Reuters) – Japanese HR services provider Recruit Holdings Co said on Wednesday it will buy Glassdoor Inc for $1.2 billion to tap into the California-based job-site operator’s database of company reviews and salary data.
SEOUL (Reuters) – South Korea’s finance minister said on Wednesday the country will limit General Motors’ right to sell shares and assets in its South Korean unit so that the U.S. automaker is kept from leaving the nation for at least 10 years.
TOKYO (Reuters) – Crude oil prices jumped back to near 3 1/2-year highs on Wednesday after U.S. President Donald Trump pulled his country out of an international nuclear deal with Iran, sparking worries about global oil supplies.
WASHINGTON (Reuters) – Licenses for Boeing Co and Airbus to sell passenger jets to Iran will be revoked, U.S. Treasury Secretary Steve Mnuchin said on Tuesday after President Donald Trump pulled the United States out of the 2015 Iran nuclear agreement.
WASHINGTON (Reuters) – Licenses for Boeing Co and Airbus to sell passenger jets to Iran will be revoked, U.S. Treasury Secretary Steve Mnuchin said on Tuesday after President Donald Trump pulled the United States out of the 2015 Iran nuclear agreement.
WASHINGTON (Reuters) – Federal Communications Commission chairman Ajit Pai met Tuesday with the chief executives of Sprint Corp and rival T-Mobile US Inc who are seeking approval for a $26 billion merger, a spokesman for Pai said.
PARIS/NEW YORK (Reuters) – United Airlines is in talks with planemakers Airbus and Boeing Co over the purchase of wide-body, long-haul passenger jets to replace a fleet of 50 Boeing 767 aircraft, people familiar with the discussions said on Tuesday.
MOUNTAIN VIEW, Calif.(Reuters) – Google on Tuesday showed how its virtual assistant can now call restaurants and salons to book appointments, navigating complex conversations, as the Alphabet Inc unit acknowledged that a technological onslaught was leaving users frazzled and needing a cure.
WILMINGTON, Del (Reuters) – An affiliate of Lantern Capital received approval from a U.S. bankruptcy judge on Tuesday to buy the assets of the Weinstein Co, but the price may leave little for those who alleged sexual harassment by founder Harvey Weinstein.
(Reuters) – MetLife Inc has entered into an agreement to provide pension benefits for about 41,000 FedEx Corp retirees and beneficiaries, through a group annuity, the insurer said on Tuesday.
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