October 5, 2018

Exclusive: SoftBank nearing $500 million investment in ride-hailing firm Grab – sources

SoftBank Group Corp is nearing a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia’s biggest ride-hailing firm […]
October 5, 2018

German minister presses for swift EU trade accord with U.S

The United States and the European Union must quickly flesh out their aim of cutting trade barriers, German Economy Minister Peter Altmaier said ahead of an […]
October 5, 2018

Samsung flags third-quarter profit jump to record, but chip price falls cast shadow

Samsung Electronics Co Ltd estimated third-quarter operating profit jumped by a fifth to a record high, with its semiconductor unit bolstered by robust demand from data […]
October 5, 2018

Samsung third-quarter profit likely hit record high but chip price falls cast shadow

Samsung Electronics Co Ltd said quarterly operating profit likely surged by a fifth to a record high, with its chip unit bolstered by robust demand from […]
October 5, 2018

Rising U.S. bond yields hit global markets, Asian stocks fragile

Asian shares were fragile on Friday after benchmark U.S. Treasury yields surged to a seven-year high and strong economic data fanned concerns about inflation and the […]
October 5, 2018

Wells Fargo planning its first post-crisis mortgage bond: Bloomberg

Wells Fargo & Co is planning its first post-crisis offering of bonds tied to U.S. home loans without government backing, Bloomberg reported on Thursday citing people […]
October 4, 2018

Samsung Electronics says third-quarter operating profit likely climbed by a fifth to record

Samsung Electronics Co Ltd on Friday said its third-quarter operating profit likely jumped by a fifth to a record high, in line with market expectations, on […]
October 4, 2018

Snap CEO Spiegel sets profitability goal for 2019: Cheddar

Parent of Snapchat messaging Snap Inc’s Chief Executive Evan Spiegel has set a goal to achieve full-year profitability in 2019 and outlined a new set of […]
October 4, 2018

Costco barely beats sales estimates, gross margins weigh

Costco Wholesale Corp’s quarterly sales barely beat analysts’ estimates on Thursday as growth in online business decelerated to its slowest in the year amid intense competition, […]
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