November 15, 2017

Wall Street opens lower on oil price slide

(Reuters) – The Dow shed more than 100 points at the open on Wednesday, as a slide in oil prices hit global markets and concerns about […]
November 15, 2017

Shareholders take aim at Murdochs with Fox voting rights push

NEW YORK (Reuters) – A shareholder proposal calling for Twenty-First Century Fox Inc to do away with its dual-class share structure may inflict a symbolic black […]
November 15, 2017

Foxconn’s third quarter profit tumbles after iPhone X production hurdles

TAIPEI (Reuters) – Taiwan’s Foxconn reported a 39 percent slide in quarterly profit, far worse than expected, as the assembler of Apple Inc products saw margins […]
November 15, 2017

Qualcomm invests in Chinese AI facial recognition startup SenseTime

BEIJING (Reuters) – Chinese artificial intelligence (AI) startup SenseTime Group said on Wednesday it has sealed an investment from chipmaker Qualcomm Inc as part of a […]
November 15, 2017

U.S. investor nears record 400-jet Airbus order: sources

DUBAI (Reuters) – Airline pioneer Bill Franke looked set to place a historic $40 billion order for around 400 Airbus A320 jets, shaking up the low-cost […]
November 15, 2017

Volkswagen says adheres to works council remuneration law

FRANKFURT (Reuters) – Volkswagen said on Wednesday that it obeyed the law in the payment of its works council chief, Bernd Osterloh. Powered by WPeMatico
November 15, 2017

Nestle reorganizes infant nutrition business

LONDON (Reuters) – Nestle , the world’s largest packaged food company, said on Wednesday it would reorganize its infant nutrition business to try to improve its […]
November 15, 2017

Oil prices slide after IEA casts doubt over demand outlook

SINGAPORE (Reuters) – Oil prices fell by 1 percent on Wednesday, continuing Tuesday’s slide after the International Energy Agency cast doubts over the past few months’ […]
November 15, 2017

Kobe Steel plant loses remaining industrial quality badge

TOKYO (Reuters) – A Kobe Steel plant, which is at the center of a data falsification scandal that has roiled supply chains around the world, has […]
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