Business & Finance

US stocks jump after Fed indicates patience on rate increases

Rising interest rates send US stocks tumbling

31 January 2019 – U.S. stocks finished sharply higher last night after the Federal Reserve signaled it could hold off on interest rate increases in the coming months, citing muted...

Huawei chief in court after US extradition request

Huawei chief in court after US extradition request

30 January 2019 – The comical Trump administration’s unveiling of criminal charges against the Chinese tech giant Huawei has complicated high-level talks set to begin today in Washington that are...

14 arrested in Hong Kong for gold trading scam

14 Arrested In Hong Kong For Gold Trading Scam

28 January 2019 – A total of fourteen people have been arrested in the past three months in relation to a multi-million dollar gold trading scam, Hong Kong authorities...

Jaguar Land Rover to cut 4,500 jobs, starting in Britain

Jaguar Land Rover To Cut 4,500 Jobs Starting In Britain

11 January 2019 – Jaguar Land Rover said last night it will cut 4,500 jobs as the carmaker addresses slowing demand in China and growing uncertainty about the U.K.’s departure...

UK businesses plead for deal to prevent no-deal Brexit

UK Businesses Plead For Deal To Prevent No-Deal Brexit

19 December 2018 – Britain’s five leading business groups are pleading with the government to act to prevent the country’s departure from the European Union without a deal. In...

Sharp cut 3,000 foreign worker jobs at Kameyama plant

Sharp cut 3,000 foreign worker jobs at Kameyama plant

04 December 2018 – Nearly 3,000 foreign workers dispatched to a Sharp Corp. plant in central Japan apparently had their contracts terminated, a labor union said last night. The...

German pharmaceutical giant Bayer cutting 12,000 jobs

German pharmaceutical giant Bayer cutting 12,000 jobs

30 November 2018 – German pharmaceutical giant Bayer AG says it’s cutting 12,000 jobs worldwide as it seeks to reduce costs. The Leverkusen-based company said last night that details of...

US stock indexes edge higher after a big gain

Rising interest rates send US stocks tumbling

28 November 2018 – Stocks wobbled last night as large high-dividend stocks rose and smaller companies sank. Major indexes were coming off big gains the day before. Big health care...

Nissan to appoint Saikawa as Chairman following Ghosn’s sacking

Nissan to appoint Saikawa as Chairman following Ghosn's sacking

27 November 2018 – Nissan Motor Co. plans to appoint CEO Hiroto Saikawa to double as its chairman at a board meeting next month following the dismissal of Carlos...

Tokyo stocks high as Osaka wins Expo 2025 bid

Tokyo stocks high as Osaka wins Expo 2025 bid

26 November 2018 – Tokyo stocks advanced today as investors welcomed the news that Osaka was picked to host the World Exposition in 2025, lifting construction, hotel and other...