January 8, 2019

Asian shares propped up by hopes for Sino-US trade deal, cautious Fed

Most Asian shares were propped up on Tuesday by hopes that Washington and Beijing may be inching towards a trade deal and that U.S. Federal Reserve […]
January 8, 2019

Lilly makes $8 billion bet on drugs for rare cancers with Loxo Oncology buy

Eli Lilly said on Monday it will buy Loxo Oncology Inc for $8 billion, an expensive bet on a pipeline of cancer drugs that target rare […]
January 8, 2019

SoftBank to invest additional $2 billion in WeWork: sources

SoftBank Group Corp will inject another $2 billion in WeWork Cos Inc this year, bringing the Japanese conglomerate’s total investment in the office space provider to […]
January 8, 2019

Nissan’s Ghosn says he is innocent in first appearance since November arrest

Nissan Motor Co Ltd’s ousted Chairman Carlos Ghosn defended himself against allegations of financial misconduct in a Tokyo court on Tuesday, declaring his innocence in his […]
January 8, 2019

Venezuela’s PDVSA in oil deal with firm part-owned by Florida Republican

Venezuelan state oil firm PDVSA [PDVSA.UL] has signed a deal with little-known U.S. energy firm Erepla, partly owned by a prominent Florida Republican, to help increase […]
January 8, 2019

Samsung Electronics flags first profit drop in two years on weak chip demand

South Korea’s Samsung Electronics Co Ltd on Tuesday estimated a 29 percent drop in quarterly operating profit, its first decline in two years, as it flagged […]
January 8, 2019

Asian shares extend rebound on hopes for trade deal, cautious Fed

Asian shares rose for the third straight session on Tuesday as investors bet that Washington and Beijing are inching toward a trade deal and that U.S. […]
January 8, 2019

Activist Starboard seeks Dollar Tree board changes, disposal

Activist hedge fund Starboard Value LP on Monday called on Dollar Tree Inc to sell its underperforming Family Dollar business and proposed replacing a majority of […]
January 7, 2019

Nvidia says new self-driving platform to hit streets next year

Nvidia Corp on Monday announced its Drive AutoPilot platform, with artificial intelligence technologies, that can enable the next level of self-driving cars by 2020, further strengthening […]
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