October 18, 2018

China’s Geely ‘corrects’ rumors about presidential family ties

Chinese carmaker Geely Automobile Holdings Ltd , long the subject of speculation about its political ties, has moved to dispel a widely held belief its chairman’s […]
October 18, 2018

Dollar at one week high after hawkish Fed minutes; Asia stocks capped

Asian stocks were capped and the dollar rose to a one week-high in early Thursday trade after the minutes of the Federal Reserve’s latest meeting showed […]
October 18, 2018

Facebook tentatively concludes spammers were behind recent data breach: WSJ

Facebook Inc has tentatively concluded that spammers looking to make money, and not a nation-state, were behind the largest-ever data theft at the social media company, […]
October 18, 2018

Exxon Mobil bets big on China LNG, sidesteps trade war

In the middle of a Sino-U.S. trade war, the world’s largest publicly traded oil and gas company is turning toward Beijing for business at a time […]
October 18, 2018

Australia’s Investa says Blackstone pulls out of takeover race

Australian landlord Investa Office Fund (IOF) said on Thursday it had been advised by Blackstone Group LP that the private equity giant would not match Canada’s […]
October 17, 2018

Alcoa’s profit beat fueled by rising alumina prices, shares rise

Top U.S. aluminum producer Alcoa Corp reported a better-than-expected quarterly profit on Wednesday, as a series of supply hits boosted alumina prices. Powered by WPeMatico
October 17, 2018

At Facebook, public funds join push to remove Zuckerberg as chairman

Four major U.S. public funds that hold shares in Facebook Inc on Wednesday proposed removing Chief Executive Officer Mark Zuckerberg as chairman following several high-profile scandals […]
October 17, 2018

Corona maker’s CEO Rob Sands to step down, insider to replace him

Constellation Brands Inc’s Rob Sands is stepping down as CEO, ending an era in which the family-backed alcohol producer became one of the biggest beer brewers […]
October 17, 2018

Aluminum producer Alcoa tops profit estimates, shares rise

Top U.S. aluminum producer Alcoa Corp reported a better-than-expected quarterly profit on Wednesday, as a series of supply hits boosted alumina prices. Powered by WPeMatico
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