November 28, 2018

World stocks climb to one-week high on hopes of trade reconciliation

Hopes for a thaw in U.S.-China trade relations at the upcoming G20 summit helped world shares inch to a one-week high on Wednesday, though fears of […]
November 28, 2018

Bangladesh factory safety group seeks to delay closure, flags lingering risks

A group set up by European fashion brands to improve factory safety in Bangladesh has sought a stay on a court order that calls for its […]
November 28, 2018

Bitcoin gains 6 percent as it heads for best day since July

Bitcoin bounced more than 6 percent on Wednesday, climbing above $4,000 and heading for its biggest daily jump since July as it clawed back ground after […]
November 28, 2018

Cryptocurrencies to survive sell-off – Allianz’s El-Erian

Cryptocurrencies are here to stay despite a prolonged slump this year, and will gain wider acceptance after the recent entry of more institutional investors in the […]
November 28, 2018

Chinese transport authorities slam Didi for skirting safety measures

Chinese authorities announced a broad crackdown on China’s ride-hailing industry on Wednesday, targeting market-leader Didi Chuxing with fines following the deaths of two passengers in separate […]
November 27, 2018

Single word keeps some farmers from getting Trump’s aid to offset tariffs

A Republican lawmaker wants to change a single word in the Trump administration’s farm aid program saying some soybean growers in Louisiana cannot qualify for the […]
November 27, 2018

Trump says ‘not even a little bit happy’ with Fed’s Powell: report

U.S. President Donald Trump on Tuesday kept up his criticism of Federal Reserve Chairman Jerome Powell, saying rising interest rates and other Fed policies were damaging […]
November 27, 2018

Sears secures court approval for additional $350 million loan

Sears Holdings Corp won court approval on Tuesday for $350 million in critical bankruptcy financing that will keep the 125-year-old retailer operating through the holidays while […]
November 27, 2018

Hong Kong’s finance sector M&A deals fall prey to China crackdown

Mergers and acquisitions targeting Hong Kong financial firms have slumped this year, with insurance sector deals particularly hard hit, as China’s moves to tighten capital controls […]
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