October 3, 2018

Asia shares turn up, euro rebounds as reports temper Italian debt fears

Asian shares reversed early losses while the euro rebounded from six-week lows on reports Italy will cut its budget deficit at a faster pace than expected, […]
October 3, 2018

Sharp makes long-awaited OLED foray, wary of big spending

Japan’s Sharp Corp unveiled its long-awaited move into the organic light-emitting diode (OLED) market on Wednesday as the Apple Inc supplier looks to catch rival Samsung […]
October 3, 2018

Oil firm on Iran sanctions, but rising US supply and strong dollar drag

Oil prices were firm on Wednesday on expectations of a tighter market once U.S. sanctions start targeting Iran’s petroleum industry from next month, although a strong […]
October 3, 2018

Asian shares ease, euro near six-week lows on Italian woes; gold jumps

Asian shares ticked down on Wednesday and the euro held at six-week lows as Italy’s mounting debt and Rome’s budget plan set it on a collision […]
October 3, 2018

Tencent’s online music unit files for U.S. listing

Tencent Music Entertainment Group on Tuesday formally filed with regulators to list in the United States, under the symbol “TME”, in what could be the biggest […]
October 3, 2018

Wells Fargo has not done enough to refund cheated drivers: regulator

Wells Fargo & Co has not convinced U.S. regulators it is doing enough to repay 600,000 drivers who were wrongly pushed into buying auto insurance, a […]
October 2, 2018

Trade pact clause seen deterring China trade deal with Canada, Mexico

China’s hopes of negotiating a free trade pact with Canada or Mexico were dealt a sharp setback by a provision deep in the new U.S.-Mexico-Canada trade […]
October 2, 2018

J. C. Penney names retail veteran, Joann Stores chief as new CEO

J. C. Penney Co Inc on Tuesday hired Jill Soltau, former chief executive officer of privately held fabric and crafts retailer Joann Stores, to the top […]
October 2, 2018

Italy weighs on global stocks, but Dow bucks trend to mark record high close

Stock indexes around the globe weakened on Tuesday, European assets sold off and Italy’s bond yields hit multi-year highs after an Italian lawmaker made anti-euro comments, […]
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