May 11, 2018

South Korea takes more cautious view on GM Korea turnaround than U.S. automaker

SEOUL (Reuters) – General Motors’ South Korean unit is expected to swing to a profit from 2022, state-run Korea Development Bank (KDB) said on Friday, offering […]
May 11, 2018

Insight: China’s multi-story hog hotels elevate industrial farms to new levels

YAJI MOUNTAIN, China (Reuters) – On Yaji Mountain in southern China, they are checking in the sows a thousand head per floor in high-rise “hog hotels”. […]
May 11, 2018

Mazda names Americas head as CEO, as North America expansion in focus

TOKYO (Reuters) – Mazda Motor Corp has named the head of its Americas operations as its next president and CEO after its current chief steps down […]
May 11, 2018

Oil near multi-year highs as Iran sanctions tighten supply outlook

LONDON (Reuters) – Oil prices steadied near 3-1/2 year highs on Friday as the prospect of new U.S. sanctions on Iran tightened the outlook for Middle […]
May 11, 2018

Nestle falls behind as millennials warm up to frozen meals

Solon, OHIO (Reuters) – At Nestle’s $50 million research center outside Cleveland, food technicians and packaging experts set out three years ago to remake its frozen […]
May 11, 2018

Iran says Airbus to announce its decision on selling planes to Tehran soon: Fars

ANKARA (Reuters) – Iran said on Friday had asked Europe’s Airbus to announce whether it would go ahead with its plane deal with Tehran after President […]
May 11, 2018

Britain’s Zoopla, PrimeLocation bought by Silver Lake for $3 billion

(Reuters) – Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds ($3 billion), delivering a windfall for its largest shareholder the Daily […]
May 11, 2018

Exclusive: North Korean traders offering cheap coal on hopes sanctions will ease – Chinese traders

BEIJING (Reuters) – Some North Korean traders are offering cheap coal to Chinese buyers who are stockpiling it at ports inside the isolated country, hoping recent […]
May 11, 2018

Asian stocks near three-week high, eyes on upcoming U.S.-Korea summit

SYDNEY (Reuters) – Asian shares rallied on Friday as investors’ appetite for riskier assets got a boost from soft U.S. inflation, which helped alleviate worries of […]
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