January 16, 2019

Global shares weather May’s Brexit debacle, pound steadies

Global share markets and the sterling weathered a UK political storm as investors wagered that London will have no choice but to delay its Brexit deadline […]
January 16, 2019

GM’s Washington charm offensive sidelined by Wall Street’s push for profit

General Motors code named its November announcement to cut nearly 15,000 jobs in North America and restructure itself “Turbo,” suggesting a leaner approach for the largest […]
January 16, 2019

On the autofarm: China turns to driverless tractors, combines to overhaul agriculture

A brand new combine harvester buzzes up and down a field in eastern China without a driver on board, chopping golden rice stalks and offering a […]
January 16, 2019

Ford and IBM among quartet in Congo cobalt blockchain project

Carmaker Ford , technology giant IBM , South Korean cathode maker LG Chem and China’s Huayou Cobalt have joined forces in the first blockchain project to […]
January 16, 2019

Oil dips on global economic slowdown, but OPEC-led cuts provide support

Oil prices dipped on Wednesday on increasing signs of a global economic slowdown, although OPEC-led supply cuts helped support Brent crude above $60 per barrel. Powered […]
January 16, 2019

Nissan plans to file for damages against Ghosn: source

Nissan Motor Co Ltd plans to file a civil suit against ousted chairman Carlos Ghosn to claim damages resulting from the alleged misuse of company funds, […]
January 16, 2019

Tokyo court denies Nissan Ghosn’s latest bail request

The Tokyo District Court on Tuesday denied former Nissan Motor Co Ltd Chairman Carlos Ghosn’s request for release on bail after his indictment last week on […]
January 16, 2019

Asia shares subdued after May’s Brexit vote defeat, pound steadies

Asian shares took a breather on Wednesday after rallying the previous day on Chinese stimulus hopes, with investors assessing Brexit options after British lawmakers trounced Prime […]
January 16, 2019

Sears chairman’s takeover proposal faces moment of truth

Negotiations between Sears Holdings Corp Chairman Eddie Lampert and the bankrupt U.S. department store operator approached a resolution late on Tuesday as the billionaire hedge fund […]
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