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Reuters

Reuters

Reuters

The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers

The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers

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Page 1362 - Reuters

Hyundai's $1.8-bn Daewoo deal may inflate prices; EU opens anti-trust probe

Hyundai is seeking to reinforce its position as the world's biggest shipbuilder partly in response to overcapacity in the industry. The merged company would have a 21% market share

Hyundai's $1.8-bn Daewoo deal may inflate prices; EU opens anti-trust probe
Updated On : 18 Dec 2019 | 2:58 AM IST

Boeing shares fall as Wall Street counts cost of halting 737 MAX production

The 737 MAX has been grounded since March after two crashes in Indonesia and Ethiopia killed 346 people within five months, costing the manufacturer more than $9 billion so far

Boeing shares fall as Wall Street counts cost of halting 737 MAX production
Updated On : 18 Dec 2019 | 2:52 AM IST

Global Markets: Sterling falls on new Brexit fears, stocks edge higher

European stocks fell from record highs and sterling dropped more than 1% as reports that British Prime Minister Boris Johnson was set to put a no-deal exit from the EU back on the table

Global Markets: Sterling falls on new Brexit fears, stocks edge higher
Updated On : 18 Dec 2019 | 12:26 AM IST

Wall Street hits pause, still near record levels; Boeing shares drag Dow

The energy sector was among the biggest gainer on the S&P 500, tracking a rise in oil prices.

Wall Street hits pause, still near record levels; Boeing shares drag Dow
Updated On : 17 Dec 2019 | 11:48 PM IST

Easing US-China tensions, OPEC's production cut may lift crude oil prices

The prolonged trade dispute has dampened oil demand and weighed on prices

Easing US-China tensions, OPEC's production cut may lift crude oil prices
Updated On : 17 Dec 2019 | 11:40 PM IST

$5 billion leaves Hong Kong funds amid unrest, says Bank of England

The BoE monitors Hong Kong because UK banks such as HSBC and Standard Chartered are also the leading banks in Hong Kong

$5 billion leaves Hong Kong funds amid unrest, says Bank of England
Updated On : 17 Dec 2019 | 10:23 PM IST

Gold dealers sell at discount over poor wedding demand, ample supply

The Chinese festival is also expected to improve demand in Singapore, with many retailers offering promotions for bullion, Silver Bullion sales manager Vincent Tie said.

Gold dealers sell at discount over poor wedding demand, ample supply
Updated On : 13 Dec 2019 | 10:48 PM IST

Delivery Hero leaps on $4 billion food app deal to buy South Korea's Woowa

Delivery Hero's Oestberg said he would commit new resources to Woowa to enable it to hold its own and expand

Delivery Hero leaps on $4 billion food app deal to buy South Korea's Woowa
Updated On : 13 Dec 2019 | 7:50 PM IST

'Victory for nationalism': Why Johnson's win puts UK's future in doubt

Boris Johnson's resounding triumph could spell the break-up of the union that has bound England, Wales, Scotland and Northern Ireland for centuries.

'Victory for nationalism': Why Johnson's win puts UK's future in doubt
Updated On : 13 Dec 2019 | 2:51 PM IST

Boris Johnson wins mandate for Brexit divorce, Corbyn's Labour falls behind

Boris Johnson faces the challenge of striking new international trade deals, preserving London's position as a top global financial capital and keeping the United Kingdom together.

Boris Johnson wins mandate for Brexit divorce, Corbyn's Labour falls behind
Updated On : 13 Dec 2019 | 2:23 PM IST

Johnson wins UK fight with 'Get Brexit Done' promise, Labour collapses

A landslide Conservative win would mark the ultimate failure of opponents of Brexit

Johnson wins UK fight with 'Get Brexit Done' promise, Labour collapses
Updated On : 13 Dec 2019 | 11:38 AM IST

Boeing drops 2019 timeline for 737 MAX return after CEO meets with FAA

In November, Boeing asserted it expected the agency would allow it to begin deliveries again in December.

Boeing drops 2019 timeline for 737 MAX return after CEO meets with FAA
Updated On : 13 Dec 2019 | 3:14 AM IST

Nokia, Daimler, others agree to mediation to resolve licensing dispute

Nokia's usual practice is to license its technologies at the car level, whereas Daimler says component makers should also be able to apply for them.

Nokia, Daimler, others agree to mediation to resolve licensing dispute
Updated On : 12 Dec 2019 | 10:01 PM IST

Samsung to invest an extra $8 billion in China chip plant: Chinese media

Those investment phases follow an earlier $10.8 billion investment into a testing and packaging plant in Xi'an.

Samsung to invest an extra $8 billion in China chip plant: Chinese media
Updated On : 12 Dec 2019 | 9:57 PM IST

Apple supplier Japan Display set to receive $830 million from Ichigo

Apple's commitment to financially support Japan Display has reassured potential investors, sources familiar with the deal said

Apple supplier Japan Display set to receive $830 million from Ichigo
Updated On : 12 Dec 2019 | 8:54 PM IST

India's fuel demand grows 10.5% in November, hits near two-year high

Consumption of refined fuels, a proxy for oil demand in Asia's third largest economy, totalled 18.77 million tonnes in the month

India's fuel demand grows 10.5% in November, hits near two-year high
Updated On : 12 Dec 2019 | 6:08 PM IST

Hong Kong police report overnight arson and vandalism, arrest 15-year old

Police also said they received reports that five people threw petrol bombs at a Japanese restaurant on the street level of a shopping mall in Cheung Sha Wan

Hong Kong police report overnight arson and vandalism, arrest 15-year old
Updated On : 12 Dec 2019 | 10:16 AM IST

After year of living dangerously, Fed likely to signal time to lay low

The Fed is expected to leave its federal funds rate unchanged at a level between 1.5% and 1.75% when it ends a two-day policy meeting on Wednesday

After year of living dangerously, Fed likely to signal time to lay low
Updated On : 11 Dec 2019 | 11:50 PM IST

India's fuel consumption grew 10.5% in November: Oil Ministry data

Sales of gasoline, or petrol, were 9.2 percent higher from a year earlier at 2.53 million tonnes.

India's fuel consumption grew 10.5% in November: Oil Ministry data
Updated On : 11 Dec 2019 | 10:15 PM IST

'We can't afford it': Country teary-eyed after tenfold rise in onion prices

Onions have hit record high prices of 200 rupees per kilogram in some Indian cities this year after untimely rains damaged crops, sparking a nationwide outcry

'We can't afford it': Country teary-eyed after tenfold rise in onion prices
Updated On : 11 Dec 2019 | 9:37 PM IST