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Goldman Sachs warns of rare earth supply risks
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Alibaba says it is not making any investment in Netflix
Alibaba Group Holding Inc is not making an investment in Netflix Inc, Alibaba spokesman Bob Christie told Reuters on Friday.
6 August 2016, 18:00 PM
Nissan in talks with Panasonic, others to sell battery operations
Nissan Motor Co is in talks with Panasonic Corp and overseas companies including Chinese firms over the possible sale of its controlling stake in a car battery manufacturing venture, sources said.
6 August 2016, 18:00 PM
Novo Nordisk cuts growth forecast as profit jumps
The world's largest maker of diabetes treatments, Novo Nordisk, on Friday lowered its annual sales and profit growth forecast, citing price pressure in the United States, as it posted a 19 percent rise in quarterly earnings.
6 August 2016, 18:00 PM
Leading Russian mobile operator leaves troubled Uzbek market
Major Russian mobile operator Mobile TeleSystems (MTS) has abandoned its stake in a lucrative joint venture in corruption-prone Uzbekistan, the Central Asian country's communications ministry said late on Friday.
6 August 2016, 18:00 PM
Strong US employment report brightens economic outlook
US employment rose more than expected for the second month in a row in July and wages picked up, bolstering expectations of faster economic growth, and raising the probability of a Federal Reserve interest rate increase this year.
6 August 2016, 18:00 PM
Toyota braces for impact of stronger yen
Toyota Motor Corp flagged its smallest annual profit in four years for 2016/17 as the Japanese automaker braces for the impact from a strengthening yen amid slowing demand for some of its car models in the key North American market.
4 August 2016, 18:00 PM
Nokia quarterly profit halves on weak network sales
Nokia's second-quarter profit fell more sharply than expected as telecom operators around the world spent less on faster mobile networks, prompting the company to lift its cost-cutting target following its merger with Alcatel-Lucent.
4 August 2016, 18:00 PM
Winners and losers from GST reform
India's Rajya Sabha backed a major tax reform on Wednesday that seeks to transform the country into a common market, though opposition benches urged Finance Minister Arun Jaitley not to overtax businesses and consumers.
4 August 2016, 18:00 PM
UK banks pin Brexit hopes on financial crisis bailout negotiator
In early October 2008, then Business Minister Shriti Vadera called a secret meeting of bankers and government officials on the top floor of Standard Chartered's City of London headquarters to address Britain's biggest peacetime crisis. The collapse of Lehman
4 August 2016, 18:00 PM
UK interest rates cut to 0.25pc
UK interest rates have been cut from 0.5 percent to 0.25 percent and the Bank of England has signalled that they could go lower if the economy worsens.
4 August 2016, 18:00 PM
Ford recalls 830,000 vehicles
Ford Motor Company on Thursday announced the recall of 830,000 cars and vans in the United States and Mexico for the replacement of faulty side-door latches.
4 August 2016, 18:00 PM
AirAsia to launch sale of leasing arm, could value unit at $1b
AirAsia, Asia's biggest budget airline, will kick off the sale of its leasing unit this month, seeking to cut debt with a deal that could value the business at about $1 billion, people familiar with the matter told Reuters.
4 August 2016, 18:00 PM
HSBC's $2.5b buy-back boosts shares as bank postpones profit goal
HSBC announced a $2.5 billion share buy-back and pared ambitions to grow dividend payouts and returns as it took pragmatic steps to soothe investors amid slowing growth in its home markets of Britain and Hong Kong.
3 August 2016, 18:00 PM
Japanese PM Abe: economy is top priority for new cabinet
JAPANESE Prime Minister Shinzo Abe said on Wednesday that the top priority for his reshuffled cabinet was the economy and that he would do his utmost to lift the country out of deflation.
3 August 2016, 18:00 PM
US consumer spending exits second quarter with strong momentum
US consumer spending rose more than expected in June as households bought a range of goods and services, suggesting consumption will likely remain strong after surging in the second quarter.
3 August 2016, 18:00 PM
India's anti-China steel tariffs bite engineering, manufacturing firms
Indian manufacturers of finished steel goods are urging New Delhi to end tariffs on cheap imports of the alloy from China, Japan and South Korea, worried the protectionist measures may cost them billions in lost overseas sales.
3 August 2016, 18:00 PM
Four more Japanese caught over ATM heist
Japanese police arrested four people Wednesday in connection with a multi-million dollar bank heist, including a member of a group affiliated with the country's biggest organised crime syndicate.
3 August 2016, 18:00 PM
Oil edges up to $42 after slide
Oil edged higher to $42 a barrel on Wednesday after hitting its lowest since April the previous day, supported by an industry report showing a fall in U.S. inventories and a weaker dollar.
3 August 2016, 18:00 PM
Australia cuts interest rate to record low
Australia's central bank dropped interest rates to a new record low Tuesday after a recent run of soft inflation readings, with some economists forecasting further cuts ahead.
3 August 2016, 18:00 PM
Euro zone business growth picks up slightly but still muted
Euro zone business activity expanded a touch faster than expected last month as the region appeared, so far, to have largely shrugged off Britain's vote to leave the European Union, a survey found.
3 August 2016, 18:00 PM