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8 months ago

Asia shares edge ahead, Fed caution drags on dollar

Asian shares inched cautiously higher on Monday amid conflicting signals on the chance of a truce in the Sino-U.S. trade dispute, while a new-found air of concern on the global outlook at the Federal Reserve undermined the dollar.

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8 months ago

People are our greatest asset. Wanna buy them?

Eastern Europe's chronic labor shortage is feeding into corporate takeover activity, with some companies making acquisitions to snap up skilled workers or obtain expertise needed to expand their businesses.

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8 months ago

With new CEO, Telecom Italia 'opera' edges towards finale

Barely a year into the job as the boss of Italy's biggest telecoms company, Amos Genish had just finished celebrating a joint venture with electronics group Samsung at a dinner in South Korea when a WhatsApp message arrived sealing his fate.

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8 months ago

PG&E reports another outage on morning when California fire started

California utility PG&E Corp , facing investor concerns over its possible role in the deadly Camp Fire in Northern California, has reported another power-line outage that it experienced on the morning of Nov. 8 when the blaze started.

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8 months ago

Rio Tinto, Nespresso join forces to make coffee pods greener

Nespresso, part of food giant Nestle, aims to use sustainable aluminum in all of its coffee capsules by 2020 under a deal with mining major Rio Tinto announced on Monday.

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8 months ago

DP World chairman says trade tensions will make 2019 challenging

Global ports operator DP World believes international trade tensions such as those between the United States and China will make 2019 challenging but not unmanageable, its chairman said on Sunday.

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8 months ago

Nearly half of German firms expect growing trade strains with U.S.: survey

Forty-four percent of German firms expect a further escalation of trade tensions between Europe and the United States, which is likely to continue to dampen new investments, the RND newspaper chain reported, citing a survey by the IW economic institute.

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8 months ago

Exclusive: U.S. shale firms offer $100 million to aid Texas, New Mexico

More than a dozen top U.S. energy companies have pledged $100 million toward easing stresses on health care, education and civic infrastructure from the shale oil and gas boom in West Texas and New Mexico, the group said on Sunday.

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8 months ago

J.Crew CEO James Brett steps down after short tenure

J.Crew Group Inc, known for its preppy men's and women's clothing, said on Saturday that its Chief Executive Officer James Brett is leaving the company, effective immediately.

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8 months ago

German transport minister wants to welcome Uber, others by 2021

Transport Minister Andreas Scheuer wants to open the German market to car pooling services offered by Uber and other companies by 2021, Focus magazine reported Saturday.

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