World

Asia stocks hover near three-month highs; sterling in spotlight

Thursday, 19 January 2017 09:50

Asia stocks hover near three-month highs; sterling in spotlight Asian stock markets stabilized near three-month highs on Wednesday, helped by Hong Kong and Chinese shares, as investors judged U.S. President-elect Donald Trump`s concerns over a stronger dollar to be beneficial to some of the regional bourses.
 

Britain to leave EU market as May sets `hard Brexit` course

Thursday, 19 January 2017 09:49

Britain to leave EU market as May sets `hard Brexit` course Britain will quit the EU single market when it leaves the European Union, Prime Minister Theresa May said on Tuesday in a decisive speech that set a course for a clean break with the world`s largest trading bloc.
 
 

Samsung Electronics probe finds battery was main cause of Note 7 fires: source

Monday, 16 January 2017 10:50

Samsung Electronics probe finds battery was main cause of Note 7 fires: source Samsung Electronics Co Ltd`s investigation into what caused some Galaxy Note 7s to catch fire has concluded that the battery was the main reason, a person familiar with the matter told Reuters on Monday.
 
 

Asian shares at two-month high ahead of Trump news conference

Thursday, 12 January 2017 10:09

Asian shares at two-month high ahead of Trump news conference Asian shares stood near two-month highs on Wednesday as investors looked to President-elect Donald Trump`s news conference later in the day for any clues to his policies on tax, fiscal spending, international trade and currencies.
 
 

Oil prices rise as markets eye OPEC, non-OPEC production cuts

Wednesday, 04 January 2017 10:52

Oil prices rise as markets eye OPEC, non-OPEC production cuts Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will be effective in draining the global supply glut.
 
 

Britain avoids M&A collapse as foreign buyers go Brexit bargain hunting

Tuesday, 03 January 2017 09:38

Britain avoids M&A collapse as foreign buyers go Brexit bargain hunting Britain avoided a collapse in mergers and acquisitions activity after the shock Brexit vote as foreign companies used sterling`s spectacular devaluation against the U.S. dollar to snap up British companies, Thomson Reuters data shows.
 
 

Amazon starts flexing muscle in new space: air cargo

Wednesday, 28 December 2016 09:40

Amazon starts flexing muscle in new space: air cargo A cargo plane emblazoned with "Prime Air" descended from an empty sky at Lehigh Valley International Airport on Tuesday, ninety minutes from the bustle of New York City, loaded with crates of goods during the peak holiday shopping season.
 
 

Lagarde keeps IMF job, escapes penalty after negligence conviction in France

Wednesday, 21 December 2016 09:35

Lagarde keeps IMF job, escapes penalty after negligence conviction in France International Monetary Fund chief Christine Lagarde escaped punishment and kept her job on Monday despite a conviction on negligence charges over a state payout made while she served as France`s finance minister in 2008.
 
 

`No survivors` after plane crash in northern Pakistan mountains

Monday, 12 December 2016 09:58

`No survivors` after plane crash in northern Pakistan mountains There were no survivors after a plane carrying 47 people crashed into a mountain in northern Pakistan on Wednesday, the airline`s chairman said, as recovery operations continued late into the night at the remote crash site.
 
 

Turner will create shows for Snapchat in expanded partnership

Monday, 12 December 2016 09:50

Turner will create shows for Snapchat in expanded partnership Turner Broadcasting System Inc will create more video content for mobile app Snapchat and collaborate with the social media company on advertising, Turner said on Wednesday, as they expand a partnership to broaden their reach among millennials.
 
 

Asia stocks bounce as risk appetite returns after Italy vote

Wednesday, 07 December 2016 10:23

Asia stocks bounce as risk appetite returns after Italy vote Asian stocks posted their biggest rise in two weeks on Tuesday and the euro steadied as investors judged the selloff after Italy`s referendum was overdone, with robust U.S. economic data also helping sentiment.
 
 

Scientists record biggest ever coral die-off on Australia`s Great Barrier Reef

Wednesday, 30 November 2016 11:19

Scientists record biggest ever coral die-off on Australia`s Great Barrier Reef Warm seas around Australia`s Great Barrier Reef have killed two-thirds of a 700-km (435 miles) stretch of coral in the past nine months, the worst die-off ever recorded on the World Heritage site, scientists who surveyed the reef said on Tuesday.
 
 

French cancer specialist Innate Pharma can remain independent, for now: CEO

Tuesday, 29 November 2016 11:22

French cancer specialist Innate Pharma can remain independent, for now: CEO France`s Innate Pharma believes that its cash position and portfolio are sufficiently robust for the cancer drug company to remain independent for the time being and will seek co-development deals modeled on an agreement struck with AstraZeneca in April.
 
 

Canada may ban farm pesticide that harms midges, mayflies

Friday, 25 November 2016 10:26

Canada may ban farm pesticide that harms midges, mayflies Canada may ban an insect-killing chemical used to protect crops because it harms aquatic bugs, including midges and mayflies, while the government continues to investigate whether imidacloprid poses a risk to bees.
 
 

Asia shares win reprieve as bond rout pauses for now

Thursday, 17 November 2016 09:46

Asia shares win reprieve as bond rout pauses for now A pause in both the sell-off in global bonds and sharp rise in the dollar following Donald Trump`s election victory, together with Wall Street`s record high overnight helped Asian shares steady on Wednesday from a four-month low struck a day earlier.
 
 

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