October 3, 2018

Some Tesla directors proposed James Murdoch to succeed Musk as chairman: New York Times

Some Tesla directors have proposed that James Murdoch, fellow board member at the electric carmaker and chief executive officer of Twenty-First Century Fox Inc, succeed Elon […]
October 3, 2018

Tencent Music files for Nasdaq IPO, first-half revenue surges

Tencent Music Entertainment, which owns China’s most popular music apps, has filed for a U.S. IPO seeking funds to develop content and new services, in what […]
October 3, 2018

After lean years, Big Oil is under pressure to spend

Executives at the world’s biggest oil and gas companies are under growing pressure to loosen the purse strings to replenish reserves, halt output declines and take […]
October 3, 2018

Oil firm on Iran sanctions, but rising U.S. supply and strong dollar weigh

Oil prices were firm on Wednesday on expectations of tighter markets once U.S. sanctions target Iran’s petroleum industry from next month, although a strong dollar and […]
October 3, 2018

Euro crawls up from six-week lows on Italy budget speculation

The euro pulled ahead from a six-week low on Wednesday after a report that Italy plans to reduce its budget deficit in the coming years provided […]
October 3, 2018

Asia shares turn up, euro rebounds as reports temper Italian debt fears

Asian shares reversed early losses while the euro rebounded from six-week lows on reports Italy will cut its budget deficit at a faster pace than expected, […]
October 3, 2018

Sharp makes long-awaited OLED foray, wary of big spending

Japan’s Sharp Corp unveiled its long-awaited move into the organic light-emitting diode (OLED) market on Wednesday as the Apple Inc supplier looks to catch rival Samsung […]
October 3, 2018

Oil firm on Iran sanctions, but rising US supply and strong dollar drag

Oil prices were firm on Wednesday on expectations of a tighter market once U.S. sanctions start targeting Iran’s petroleum industry from next month, although a strong […]
October 3, 2018

Asian shares ease, euro near six-week lows on Italian woes; gold jumps

Asian shares ticked down on Wednesday and the euro held at six-week lows as Italy’s mounting debt and Rome’s budget plan set it on a collision […]
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