Business
Foxconn lowering offer for Japan’s Sharp: Yomiuri
March 20, 2016
Foxconn lowering offer for Japan’s Sharp: Yomiuri
Taiwan's Foxconn is lowering an offer for loss-making Japanese electronics maker Sharp Corp (6753.T) from an initial plan of 489…
Starwood signs first US-Cuba hotel deal since 1959 revolution
March 20, 2016
Starwood signs first US-Cuba hotel deal since 1959 revolution
Starwood Hotels & Resorts Worldwide (HOT.N) on Saturday became the first US hotel company to sign a deal with Cuba…
Egypt’s central bank to hold FX auctions once a week – bankers
March 20, 2016
Egypt’s central bank to hold FX auctions once a week – bankers
Egypt's central bank will from now on hold one foreign currency auction per week on Tuesdays, when it will sell…
Apple to bring witnesses to hearing on locked iPhone: US prosecutors
March 19, 2016
Apple to bring witnesses to hearing on locked iPhone: US prosecutors
The US government and Apple Inc will be able to cross-examine the other's witnesses in a court hearing next week…
After Motiva split, Saudi Aramco aims to buy more US refineries
March 19, 2016
After Motiva split, Saudi Aramco aims to buy more US refineries
Saudi Arabia's national oil company wants to buy more US refining and chemical plants to expand its footprint in the…
Euro zone PMIs, Asian and African central banks on steady course
March 19, 2016
Euro zone PMIs, Asian and African central banks on steady course
As central bank rhetoric turns more dovish, investors will search for further hints of easing in a week with few…
Auto franchises most likely to increase prices: newspaper
March 18, 2016
Auto franchises most likely to increase prices: newspaper
A number of automobile franchise big names have concurred that car prices will likely rise steeply as a result of…
SEC says Amazon should allow shareholder vote on gender pay
March 18, 2016
SEC says Amazon should allow shareholder vote on gender pay
Amazon.com Inc should allow shareholders to vote on a proposal on gender pay equality, the US securities regulator decided this…
Sharm el-Sheikh hotel occupancy at 17%: investors
March 18, 2016
Sharm el-Sheikh hotel occupancy at 17%: investors
Hotel occupancy in the resort town of Sharm el-Sheikh currently stands at around 17 percent, according to a group of…
Oil hits 2016 high above US$42 on production and demand outlook
March 18, 2016
Oil hits 2016 high above US$42 on production and demand outlook
Oil rose above US$42 a barrel on Friday, hitting its highest this year and extending a rally into a fourth…