August 4, 2019

HSBC first-half profit rises 16%, announces $1 billion buyback

HSBC reported on Monday its first-half pretax profit rose 15.9% and announced a further buyback of $1 billion, defying some analysts’ expectations it might pause its […]
August 4, 2019

As Japan frets about dearth of AI talent, Daikin develops own program

There’s a sense of panic within Japan Inc and the government – the world’s No. 3 economy doesn’t have enough experts in artificial intelligence and it’s […]
August 4, 2019

How a shadow banking crisis sent India’s autos sector into a tailspin

Sudhir Gharpure and his sales team sat chatting at a big Maruti Suzuki dealership on the outskirts of Mumbai some two hours after its doors were […]
August 4, 2019

Japan, U.S. target broad bilateral trade deal by September: Nikkei

Japan and the United States have agreed to target a broad deal on bilateral trade by September, seeking to bridge differences of opinion over tariffs on […]
August 3, 2019

Saudi energy minister says he discussed oil markets with Russian counterpart

Saudi energy minister Khalid Al-Falih discussed oil markets with his Russian counterpart and stressed that Saudi Arabia would continue to comply with production cuts until the […]
August 3, 2019

Saudi energy minister says discussed oil markets with Russian counterpart

Saudi energy minister Khalid Al-Falih discussed oil markets with his Russian counterpart and stressed that Saudi Arabia would continue to comply with production cuts until the […]
August 3, 2019

U.S. court rules against Maduro bid to oust opposition-backed Citgo board

The board of Citgo Petroleum [PDVSAC.UL] appointed by Venezuela’s congress chief was properly seated, a U.S. court ruled, dealing a blow to contested Venezuelan President Nicolas […]
August 3, 2019

Elon Musk to launch China unit for tunneling company this month

Elon Musk will soon launch a China unit for his underground tunneling enterprise, The Boring Company, the billionaire entrepreneur said on Twitter. Powered by WPeMatico
August 3, 2019

JPMorgan in pole position to lead WeWork IPO after debt offering: sources

WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a […]
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