October 22, 2018

Asia shares rally as China surges on stimulus hopes

Asian share markets swung into the black on Monday as the promise of more stimulus boosted Chinese stocks for a second session and helped offset geopolitical […]
October 22, 2018

KKR-backed Calsonic to buy Fiat Chrysler’s Magneti Marelli unit for $7.1 billion

Japanese car parts maker Calsonic Kansei, owned by U.S. private equity firm KKR, has agreed to buy Fiat Chrysler’s high-tech parts-making unit Magneti Marelli unit for […]
October 22, 2018

Asia shares pare losses as China rallies on stimulus hope

Asian share markets pared early losses on Monday as Chinese stocks swung higher for a second session and helped offset geopolitical concerns over Saudi Arabia, Italy […]
October 22, 2018

Oil edges up as looming Iran sanctions expected to tighten market

Oil prices edged up on Monday, as markets were expected to tighten once U.S. sanctions against Iran’s crude exports are implemented next month. Powered by WPeMatico
October 22, 2018

Elon musk says first tunnel is almost done, opens December 10: tweet

A company owned by Elon Musk that is trying to lower the cost of building high-speed transit tunnels is nearing completion on the first tunnel, Musk […]
October 21, 2018

CBS interim chairman resigns from board because of ill health

CBS Corp interim chairman Richard Parsons has resigned from the board for reasons of ill health about a month after joining, the company said in a […]
October 21, 2018

Institutional investors turn their backs on Australian banks

Investors are turning against Australia’s big banks as earnings tumble, growth plans are abandoned, and fee income cut in the fallout from a powerful financial sector […]
October 21, 2018

Fiat Chrysler agrees to sell Magneti Marelli to Calsonic Kansei: sources

Fiat Chrysler (FCA) has agreed to sell its Magneti Marelli unit to KKR’s Calsonic Kansei, two sources familiar with the matter said on Sunday, adding the […]
October 21, 2018

Bombardier sues Mitsubishi jet program over trade secrets

Canadian airplane maker Bombardier Inc has sued the aircraft unit of Japan’s Mitsubishi Heavy Industries Ltd , saying former Bombardier employees passed on trade secrets to […]
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