November 20, 2018

Nissan shares slump after Ghosn arrested over alleged financial misconduct

Nissan Motor Co’s shares fell more than 6 percent on Tuesday as Chairman Carlos Ghosn’s arrest a day earlier sent shockwaves through the business world and […]
November 20, 2018

Warburg Pincus plans to raise up to $4 billion for new China fund: sources

Warburg Pincus LLC is looking to raise its second China-focused private equity fund of up to $4 billion, giving the U.S. investment firm more firepower to […]
November 20, 2018

Stock markets tumble on tech sell-off, dollar sags

Asian stock markets skidded on Tuesday, extending sharp losses on Wall Street as technology firms bore the brunt of worries about slackening demand, while the dollar […]
November 20, 2018

Nikkei slips as Ghosn arrest shocks market, Nasdaq fall drags on tech stocks

Japan’s Nikkei fell on Tuesday morning as a drop in Nasdaq shares dragged down Japanese tech names, while Nissan Motor tumbled on news of Chairman Carlos […]
November 20, 2018

South Korea’s Jeju Air buys 40 Boeing planes worth $4.4 billion

South Korea’s biggest budget carrier, Jeju Air , purchased 40 Boeing 737-8 Max planes worth $4.4 billion, the airline said on Tuesday. Powered by WPeMatico
November 20, 2018

U.S. recession chances edge up, risk Fed delivers fewer hikes: Reuters poll

The Federal Reserve is still expected to raise interest rates again next month and three times next year, but a strong majority of economists polled by […]
November 20, 2018

Oil stable amid expectations OPEC will cut supply to prevent glut forming

Oil prices were stable on Tuesday on expectations that producer club OPEC will soon cut supply to prevent oversupply amid slowing demand growth and a surge […]
November 20, 2018

Nissan shares slump on Ghosn’s arrest over financial misconduct

Shares of Nissan Motor Co fell 6 percent early on Tuesday, a day after the arrest of Chairman Carlos Ghosn sent shockwaves through the business world […]
November 19, 2018

New Petrobras CEO rules out privatization, wants non-core asset sales

A University of Chicago-trained economist named on Monday to head Brazil’s Petrobras will not privatize the state-run company, but wants to push ahead with selling non-core […]
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