March 20, 2019

Asian shares slip from 6-month high ahead of Fed policy decision

Asian shares slid on Wednesday as investors took profits ahead of a policy decision by the U.S. Federal Reserve which is expected to shed more light […]
March 20, 2019

Exclusive: How Iran fuel oil exports beat U.S. sanctions in tanker odyssey to Asia

At least two tankers have ferried Iranian fuel oil to Asia in recent months despite U.S. sanctions against such shipments, according to a Reuters analysis of […]
March 20, 2019

Fed’s balance sheet plan, economic outlook under microscope

The U.S. Federal Reserve on Wednesday is expected to hold interest rates steady, shave the number of hikes projected for the rest of the year, and […]
March 19, 2019

Stakes rise for Boeing as EU, Canada step up scrutiny of 737 MAX after crashes

Europe and Canada said they would seek their own guarantees over the safety of Boeing’s 737 MAX, further complicating plans to get the aircraft flying worldwide […]
March 19, 2019

GM to invest $2.7 billion in Sao Paulo, Brazil factories over five years

General Motors Co said on Tuesday it would invest $2.7 billion in two Brazilian factories over the next five years, sparing them from a shakeup of […]
March 19, 2019

Tencent Music reports full-year 2018 profit of $272.7 million

China-based music streaming company Tencent Music Entertainment Group on Tuesday reported a profit of 1.83 billion yuan ($272.7 million) for full-year 2018, in its first earnings […]
March 19, 2019

Exclusive: Lyft’s IPO oversubscribed after two days – sources

Lyft Inc’s initial public offering (IPO) is oversubscribed based on commitments made so far by investors, making it more likely that the ride-hailing startup will fetch […]
March 19, 2019

IKEA ramps up Mexico launch plans, targets capital and major cities

IKEA is scouting Mexico’s biggest cities for its first store locations in the country, the furniture retailer said, as it expands in Latin America to battle […]
March 19, 2019

Wall Street gives up gains on news of troubled trade talks

The benchmark S&P 500 index ended little changed on Tuesday as investor optimism regarding the Federal Reserve’s expected affirmation of its dovish policy stance was offset […]
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