March 7, 2019

SoftBank extends tech reach with $5 billion LatAm fund

Japan’s SoftBank Group is launching a $5 billion fund to invest in technology companies in Latin America, it said on Thursday, ramping up its tech ambitions […]
March 7, 2019

Wall Street set for slightly higher open after ECB pushes out rate hike

Wall Street was set to eke out gains at the open on Thursday after the European Central Bank kept its interest rates unchanged, pushed out its […]
March 7, 2019

ECB statement following policy meeting

Following is the text of European Central Bank President Mario Draghi’s statement after the ECB’s policy meeting on Thursday: Powered by WPeMatico
March 7, 2019

Deutsche Post plays down impact of trade tensions on its business

Deutsche Post DHL Group on Thursday forecast profit growth for this year that lagged analysts’ expectations, but played down concerns over global trade, saying more complex […]
March 7, 2019

Huawei fights back against US black out with Texas lawsuit

Chinese telecoms equipment maker Huawei Technologies sued the U.S. government on Thursday saying a law limiting its U.S. business was unconstitutional, racheting up its fight back […]
March 7, 2019

Unlikely twins and differing fortunes: Malaysia’s Petronas & Indonesia’s Pertamina

On the southernmost edge of the Asian landmass and on the shores of the busy shipping lanes of the Singapore Strait, Malaysia’s Petronas is starting up […]
March 7, 2019

Hugo Boss expects strong growth in Asia and online

German fashion house Hugo Boss said it expected its operating profit to rise faster than sales in 2019, predicting strong momentum in its online business and […]
March 7, 2019

Huawei sues U.S. government, saying ban on its equipment is unconstitutional

Chinese telecoms equipment maker Huawei Technologies sued the U.S. government on Thursday saying a law limiting its U.S. business was unconstitutional, racheting up its fight back […]
March 7, 2019

Asia shares sluggish as global growth concerns return; ECB meeting eyed

Asian shares eased on Thursday, with caution prevailing as investors awaited some kind of resolution to Sino-U.S. trade negotiations, while the euro remained under pressure ahead […]
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