December 20, 2018

Altria to buy $12.8 billion minority stake in e-cigarette company Juul

Marlboro cigarette maker Altria Group Inc will buy a 35 percent stake in Juul Labs Inc for $12.8 billion, a marriage between an old-line tobacco giant […]
December 20, 2018

Global banks chase Asia techs transaction business, as trade war rumbles

Global lenders including Citigroup and HSBC are stepping up efforts to sell day-to-day banking services to Asia’s fast-growing new technology firms, amid growing competition for more […]
December 20, 2018

Campbell Soup names industry veteran Mark Clouse as new CEO

Campbell Soup Co named Mark Clouse, the former CEO of Pinnacle Foods, as its new chief executive on Thursday, a key step in the U.S. company’s […]
December 20, 2018

China poised to buy more U.S. soybeans: sources

China plans to make a third round of U.S. soybean purchases within days, two sources familiar with the matter said on Thursday, after a trade war […]
December 20, 2018

Exclusive: U.S. Air Force to take delivery of Boeing tanker by year end, sources

The U.S. Air Force will take its first delivery this month of the long-delayed KC-46 aerial refueling tanker made by Boeing Co , people familiar with […]
December 20, 2018

Treasury chief calls market reaction to Fed ‘overblown’

U.S. Treasury Secretary Steven Mnuchin said on Thursday that investors’ reaction to the Federal Reserve’s interest rate hikes was “completely overblown”, in an unusually direct comment […]
December 20, 2018

Exclusive: China hacked HPE, IBM and then attacked clients – sources

Hackers working on behalf of China’s Ministry of State Security breached the networks of Hewlett Packard Enterprise Co and IBM, then used their access to hack […]
December 20, 2018

U.S. senators write to regulators on Robinhood’s botched checking plans

A bipartisan group of U.S. senators sent a letter to regulators on Thursday expressing concern that financial technology startup Robinhood may not be offering full transparency […]
December 20, 2018

Nissan to lay off 1,000 Mexican workers, cites market challenges

Japanese carmaker Nissan Motor Co Ltd will lay off about 1,000 workers in Mexico at two factories, citing “challenging market conditions,” the company said on Thursday. […]
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