Loading...
You are here:  Home  >  Business  -  Page 5
Latest

Wisconsin one of six U.S. states Foxconn, Sharp considering for plant

/  22.06.2017  /  Business 

TAIPEI (Reuters) – Foxconn , the world’s largest contract electronics maker, is looking at six U.S. states including Wisconsin as locations for a display-making plant and would make a decision next month, top executives said on Thursday.

Read More →
Latest

Mexico’s Supreme Court rules in spat related to telecom reform

/  22.06.2017  /  Business 

MEXICO CITY (Reuters) – Mexico’s Supreme Court ruled on Wednesday in a spat over interconnection rates paid between telecommunications firm America Movil and rivals that touches on a bigger case related to an antitrust reform the company is fighting.

Read More →
Latest

Asian stocks climb as oil crawls up from 10-month low

/  22.06.2017  /  Business 

SINGAPORE (Reuters) – Asian stocks advanced on Thursday as oil prices inched up after hitting a 10-month low overnight on concerns over a supply glut and falling demand, dragging U.S. and European shares lower.

Read More →
Latest

Exclusive: Sycamore Partners close to deal to acquire Staples – sources

/  22.06.2017  /  Business 

(Reuters) – Private equity firm Sycamore Partners is in advanced talks to acquire Staples Inc following an auction for the U.S. office supplies retailer, people familiar with the matter said on Wednesday, in a deal that could top $6 billion.

Read More →
Latest

Compelling Vietnam: Foreign investors unfazed by Trump’s trade deal rebuff

/  22.06.2017  /  Business 

HANOI (Reuters) – Every 45 seconds or so, a neatly wrapped VanHeusen dress shirt destined for a J C Penney store in the United States drops off a new production line at a factory north of Vietnam’s capital.

Read More →
Latest

Amazon’s grocery push playing catch up with Chinese e-commerce giants

/  22.06.2017  /  Business 

BEIJING (Reuters) – As Amazon.com Inc looks to swallow U.S. grocery chain Whole Foods, China’s tech giants are already digesting hefty bricks-and-mortar deals, taking the lead in the battle to transform supermarket shopping with big data and better supply chains.

Read More →
Latest

Oracle reports 14.8 percent rise in fourth-quarter profit

/  22.06.2017  /  Business 

(Reuters) – Oracle Corp reported a 14.8 percent rise in quarterly profit as the business software maker’s transition to cloud-based services begins to yield results, sending its shares up 8 percent in after-market trading.

Read More →
Latest

Judge approves temporary stop to DraftKings, FanDuel merger

/  21.06.2017  /  Business 

WASHINGTON (Reuters) – A federal judge has approved a temporary halt of a merger between sport fantasy companies DraftKings and FanDuel.

Read More →
Latest

For thousands of U.S. auto workers, downturn is already here

/  21.06.2017  /  Business 

LORDSTOWN, Ohio (Reuters) – Wall Street is fretting that the U.S. auto industry is heading for a downturn, but for thousands of workers at General Motors Co factories in the United States, the hard times are already here.

Read More →
Latest

Diageo to buy George Clooney’s tequila brand Casamigos for up to $1 billion

/  21.06.2017  /  Business 

LONDON (Reuters) – Diageo Plc has agreed to buy George Clooney’s high-end tequila brand Casamigos in a deal valuing it at up to $1 billion, as the world’s largest spirits maker seeks to boost its presence in a high-growth market.

Read More →