Trump complains in tweets about Chinese policy after Taiwan call raises hackles
8:08 - 05.12.2016 -

U.S. President-elect Donald Trump complained about Chinese economic and military policy on Twitter on Sunday, showing no signs of a conciliatory approach after a phone conversation with Taiwan’s president raised hackles in Beijing. Trump’s unusual call with Taiwan President Tsai Ing-wen on Friday prompted a diplomatic protest with the United States on Saturday, although Vice

Citic-Carlyle near deal to buy McDonald’s China assets: source
16:16 - 01.12.2016 -

A consortium led by private-equity firm Carlyle Group (CG.O) and Chinese conglomerate Citic Group Corp has neared a deal to buy McDonald’s Corp’s (MCD.N) stores in China and Hong Kong for up to $3 billion, a source with direct knowledge of the matter said. The deal is likely to be signed before Christmas, the source

Putin curbs anti-Western rhetoric, says wants to get on with Trump
16:16 - 01.12.2016 -

President Vladimir Putin struck an unusually conciliatory tone in his annual state of the nation address on Thursday, saying Moscow wanted to get on with the incoming U.S. administration and was looking to make friends not enemies. Putin has used previous set-piece speeches to lash out at the West and the United States in particular,

Nokia brand-phones poised for comeback as HMD takes charge
16:16 - 01.12.2016 -

Nokia-branded mobile phones are about to make a comeback via a new venture that will reunite the Nokia brand with veteran Nokia executives who aim to move into smartphones capitalizing on an existing operation that sells low-cost basic phones. HMD Global, a new Finnish company set up to revive the Nokia phone brand, on Thursday

Zenefits hit with $7 million fine by California insurance regulator
14:14 - 29.11.2016 -

Software company Zenefits has been fined $7 million by California’s insurance regulator, marking the biggest penalty yet for the startup that has faced multiple investigations for flouting insurance laws. California Insurance Commissioner Dave Jones said in a statement posted on the state insurance department’s website that Zenefits was charged with allowing unlicensed employees to sell

Trump to pick Seema Verma for Centers for Medicare and Medicaid Services: transition official
14:14 - 29.11.2016 -

U.S. President-elect Donald Trump is set to name Indiana health policy consultant Seema Verma as his pick for administrator of the Centers for Medicare and Medicaid Services, a transition official told Reuters on Monday. Trump is expected to officially announce his selection of Verma and Republican U.S. Representative Tom Price, an orthopedic surgeon who he

Plane carrying Brazil’s Chapecoense soccer team crashes in Colombia, 76 dead
14:14 - 29.11.2016 -

Brazilian soccer team Chapecoense, heading for the biggest game in their history, were on board a plane carrying 81 people that crashed in Colombia killing 76 people, police said on Tuesday. Chapecoense, from Brazil’s top league, had been flying to face Atletico Nacional of Medellin in the first leg of Wednesday’s Sudamericana final, South America’s

Samsung Electronics considers split as investor pressure builds
14:14 - 29.11.2016 -

Tech giant Samsung Electronics Co Ltd (005930.KS), under pressure from shareholders to improve investor returns, said on Tuesday it will consider creating a holding company in what would be the biggest shake-up in its 47-year history. The move and a plan to raise dividends come after U.S. hedge fund Elliott Management in October called for

One ticket has winning numbers in $421 million Powerball lottery
10:10 - 27.11.2016 -

A ticket sold in Tennessee had the winning numbers for a $421 million Powerball jackpot, one of the biggest on record, lottery officials said after Saturday’s draw. A Powerball spokeswoman said no one as yet had stepped forward to claim the prize, which has grown in the absence of a winner in the past few

Johnson & Johnson approaches Actelion about takeover deal
9:09 - 27.11.2016 -

U.S. healthcare company Johnson & Johnson (JNJ.N) said on Friday it was in preliminary talks with Actelion (ATLN.S) about a potential takeover of Europe’s largest biotech firm, currently valued at about $20 billion. Lung disease specialist Actelion confirmed it had been approached and said there was no certainty a deal would occur. An acquisition of

Clinton team to take part in U.S. state vote recount, Trump blasts effort
9:09 - 27.11.2016 -

Democrat Hillary Clinton’s campaign will take part in a recount of Wisconsin votes in the U.S. presidential race, an effort Republican winner Donald Trump called “ridiculous” on Saturday. Wisconsin’s election board on Friday approved the recount requested by Green Party candidate Jill Stein. She has said she wants to guarantee the integrity of the U.S.

Cuba’s Fidel Castro made revolutionary mark on history
9:09 - 27.11.2016 -

The son of a wealthy landowner, Fidel Castro turned his back on a life of privilege to lead a left-wing revolution in Cuba that endured for decades and was shaped by his political cunning, keen sense of destiny and boundless ego. Castro, who has died at the age of 90, was at once idealistic and

Dow Surges to Fresh All-Time High on Trump-Fueled Momentum
14:14 - 11.11.2016 -

A day after voters chose to send Donald Trump to the White House, the expectation of less austerity and more pro-business policies propelled the Dow Jones Industrial Average to a fresh all-time high. The Dow easily sailed above its previous intraday record high of 18668 points at the opening bell, rising 218 points, or 1.18%

Alibaba Singles’ Day Sales Tops 2015 Total, But Growth Slows
14:14 - 11.11.2016 -

Alibaba’s Singles’ Day sales surged past last year’s 91.2 billion yuan ($13.36 billion) total with nearly nine hours left on the clock, but growth was markedly slower than in 2015 as shoppers sought even bigger price cuts. Amid fanfare and celebrity razzmatazz, sales on Alibaba’s platforms had raced to a billion dollars in under five

Trump: The Unconventional Candidate Looks to Conventional Economic Team
14:14 - 11.11.2016 -

Donald Trump was an unconventional candidate, but now that he’s been elected president he’s assembling a fairly conventional Cabinet of key economic advisers plucked right from the Republican mainstream, the Fox Business Network has learned. People inside the Trump camp say the President-elect has signaled he wants to select billionaire financier Wilbur Ross as his

Riot declared in Oregon as anti-Trump demonstrators damage cars, buildings
14:14 - 11.11.2016 -

Police in Portland, Ore. declared that a once peaceful protest was a riot after demonstrators were seen attacking drivers and committing acts of vandalism during their march against Donald Trump’s election Thursday night. Portland police said at least 29 people were arrested in the riot and that more information would be given on the charges

Transition Begins With Trump Keeping Journalists in the Dark
14:14 - 11.11.2016 -

Donald Trump is keeping Americans in the dark about his earliest conversations and decisions as president-elect, bucking a long-standing practice intended to ensure the public has a watchful eye on its new leader. Trump on Thursday refused to allow journalists to travel with him to Washington for his historic first meetings with President Barack Obama

SoftBank second-quarter profit up 6.8 percent on strong domestic telecoms business
12:12 - 07.11.2016 -

Japan’s SoftBank Group Corp (9984.T) reported on Monday a 6.8 percent rise in operating profit for the July-September quarter, thanks to a strong showing by its domestic telecommunications business. A steady growth in its mainstay domestic business is important for SoftBank, a diverse company with stakes from U.S. carrier Sprint (S.N) to e-commerce giant Alibaba

Tesco Bank stops online transactions after 20,000 hit by fraud
12:12 - 07.11.2016 -

Tesco Bank’s chief executive said on Monday that it was temporarily stopping online transactions after about 20,000 customers had money removed from their accounts after an attack by fraudsters over the weekend. The bank, wholly owned by supermarket chain Tesco, said it had discovered there had been “significant” fraudulent criminal activity on customers’ current accounts

After $195 million in talc verdicts, J&J strives to change court
12:12 - 07.11.2016 -

After a $67.5 million jury verdict against Johnson & Johnson (JNJ.N) on Oct. 27 marked its third straight trial defeat in an onslaught of lawsuits claiming its talc-based products cause ovarian cancer, the company is hoping to reverse the trend by having the cases heard in a different court. All three awards, totaling around $195