April 2, 2018

Latin American nations compete for capital in surge of oil auctions

HOUSTON (Reuters) – For decades, many Latin America’s oil-producing nations have often shunned investment from foreign firms, instead keeping their vast reserves under the tight control […]
April 2, 2018

Philippines, Malaysia put Uber-Grab deal under anti-competition scrutiny

MANILA/KUALA LUMPUR (Reuters) – Philippines and Malaysia said on Monday they will look into whether Uber Technologies’ [UBER.UL] move to sell its Southeast Asian business to […]
April 2, 2018

Wall Street slides on tech rout, Nasdaq erases 2018 gains

(Reuters) – A selloff in technology majors deepened on Monday, wiping out the tech-heavy Nasdaq index’s gains for the year and pushing the benchmark S&P 500 […]
April 2, 2018

Transcontinental beefs up packaging business with $1.32 billion Coveris deal

(Reuters) – Transcontinental Inc said it would buy the U.S. packaging business of Coveris Holdings S.A. for $1.32 billion (C$1.70 billion) as the Canadian publisher looks […]
April 2, 2018

Tesla said to make 2,000 Model 3s per week, stock down

(Reuters) – Tesla Inc was reported to be making 2,000 of its Model 3 sedans per week, enough to ease stock market nerves around billionaire Elon […]
April 2, 2018

China hits U.S. goods with tariffs as ‘sparks’ of trade war fly

BEIJING (Reuters) – China has increased tariffs by up to 25 percent on 128 U.S. products, from frozen pork and wine to certain fruits and nuts, […]
April 2, 2018

GE Healthcare to sell IT unit to Veritas for $1.05 billion

(Reuters) – General Electric Co’s healthcare unit said on Monday it would sell its information technology business to private equity firm Veritas Capital for $1.05 billion […]
April 2, 2018

Hudson’s Bay shares drop after security breach at Saks, Lord&Taylor stores

TORONTO (Reuters) – Hudson’s Bay shares dropped on Monday after the Canadian department store operator reported security breaches at some of its Saks Fifth Avenue, Saks […]
April 2, 2018

Dollar slides as China raises tariffs, U.S. stocks slip

NEW YORK (Reuters) – U.S. stocks tumbled on Monday, weighed down by Amazon.com after U.S. President Donald Trump again attacked the online retailer, while the dollar […]
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