November 8, 2018

Australian wealth giant AMP, under pressure, says tougher laws would ‘distract’

Struggling Australian wealth manager AMP Ltd fears any new regulation of the finance sector would “distract” participants from acting ethically, it said on Thursday, striking a […]
November 8, 2018

Alibaba’s on-demand online services unit valued at $30 billion: sources

Alibaba Group’s newly formed on-demand online services unit has rocketed in value to as much as $30 billion after raising $4 billion in fresh funds, people […]
November 8, 2018

Walmart will offer Black Friday deals earlier this year

Walmart Inc said it would start offering holiday deals for customers as early as Thursday, as it prepares to compete with Amazon Inc , Target Corp […]
November 8, 2018

Ford buying San Francisco-area e-scooter startup Spin

Ford Motor Co said Thursday it will join the mushrooming micro-mobility movement with the acquisition of 2-year-old Spin, an electric scooter rental firm based in San […]
November 8, 2018

Toshiba to shed troubled assets, cut jobs; shares jump nearly 12 percent

Toshiba Corp said it is liquidating its British nuclear power unit and selling its U.S. liquefied natural gas business, in an effort to shed troubled assets […]
November 8, 2018

Toshiba to pay $800 million to exit U.S. LNG business

Japan’s Toshiba Corp said on Thursday it is exiting its U.S. liquefied natural gas (LNG) business and paying an overseas “buyer” it did not identify $800 […]
November 8, 2018

Starbucks partners with UberEats in Japan

Starbucks Corp said on Wednesday it was partnering with UberEats to deliver coffee and food in Tokyo starting Friday, as the world’s largest coffee chain looks […]
November 8, 2018

Bombardier to sell Q400 Turboprop aircraft program to Viking Air: source

Bombardier Inc is set to announce the sale of its Q400 turboprop aircraft program to Canadian aircraft manufacturer Viking Air, a person familiar with the matter […]
November 8, 2018

China October export growth surprisingly strong in race to beat higher U.S. tariffs

China reported stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, seeking to beat higher tariff rates due to […]
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