April 18, 2019

Mahindra signs deal with Ford Motor to make midsize SUVs in India

Automaker Mahindra and Mahindra Ltd signed a deal with Ford Motor Co’s Indian unit to jointly develop midsize sports utility vehicles in India, the company said […]
April 18, 2019

Nestle keeps upbeat tone as first quarter growth accelerates

Food group Nestle confirmed it expected organic sales growth to exceed 3 percent this year after good momentum in the United States and China helped it […]
April 18, 2019

Terry Gou’s Taiwan presidential run fuels rally in Foxconn shares

Shares of Foxconn and its Shanghai and Hong Kong-listed units soared on Thursday as investors cheered news that the chairman of the world’s largest contract manufacturer […]
April 18, 2019

Oil rises on tightening supplies; ample U.S. output caps gains

Oil prices edged higher on Wednesday, supported by ongoing OPEC-led supply cuts and a surprise fall in U.S. crude inventories, although gains were capped by strong […]
April 18, 2019

Pinterest valued at $12.7 billion in IPO, sign of tech demand after Lyft struggles

Pinterest Inc’s initial public offering set the online scrapbook company’s valuation at $12.7 billion on Wednesday, above its expectations and a sign of strength for the […]
April 18, 2019

Exclusive: Advent readies new $2.2 billion Latam private equity fund – sources

U.S. private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, two people with knowledge of […]
April 18, 2019

Jet shares sink, but lenders hopeful of successful bids for grounded airline

Jet Airways shares sank 34 percent on Thursday in a sign investors were skeptical about a revival, even as lenders to the carrier said they are […]
April 18, 2019

Amazon says will not operate China marketplace site from July 18

Amazon.com Inc on Thursday said it is notifying sellers that it will no longer operate a marketplace nor provide seller services on its Chinese website, Amazon.cn, […]
April 18, 2019

Asian shares off nine-month peak, European PMIs in focus

Asian shares slipped on Thursday after losses on Wall Street but trade was subdued as investors awaited business surveys in Europe and largely stayed on the […]
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