Welcome Guest
»

Top Business Stories

Toshiba plans to raise $5.3 billion to avoid delisting risk
TOKYO (Reuters) - Toshiba Corp said it would raise 600 billion yen ($5.3 billion) in fresh capital, a key step that would allow the troubled conglomerate to remain a publicly traded company even if the sale of its chip unit is delayed.
Posted on : 2017-11-19 16:52:38
UK's Hammond increasingly confident Britain will get Brexit deal
LONDON (Reuters) - Finance minister Philip Hammond said on Sunday he was becoming more convinced Britain would secure a Brexit deal with the European Union.
Posted on : 2017-11-19 16:32:46
L&T wins $1.3 billion construction contract: statement
NEW DELHI (Reuters) - India's top engineering and construction company Larsen & Toubro Ltd has secured a contract to build a $1.3 billion Mumbai Trans Harbour Link, the company said in a statement, in a big boost for the firm.
Posted on : 2017-11-19 16:02:07
'No fireworks' at NAFTA talks, but few signs of progress
MEXICO CITY (Reuters) - Negotiations in Mexico to update NAFTA have not made much progress on tough U.S. demands that could sink the 1994 trade pact, but the current round of talks are progressing with civility, some participants said on Saturday.
Posted on : 2017-11-19 08:14:04
EXCLUSIVE: Qualcomm set to win conditional Japanese antitrust okay for NXP deal - source
BRUSSELS (Reuters) - U.S. smartphone chipmaker Qualcomm is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for NXP Semiconductors and gain Europe's approval by the end of the year with slight tweaks to its concessions, a person familiar with the matter said.
Posted on : 2017-11-18 23:53:15
Honda recalling 900,000 minivans because seats may tip forward
WASHINGTON (Reuters) - Honda Motor Co said on Saturday that it was recalling about 900,000 minivans because second-row seats may tip forward if not properly latched after being adjusted.
Posted on : 2017-11-18 20:08:28
Volkswagen to invest $27 billion in core brand until 2022
FRANKFURT (Reuters) - Volkswagen will invest 22.8 billion euros ($26.9 billion) in its main car brand over the next five years, it said on Saturday, a day after it announced a spending programme aimed at bolstering its position as a maker of electric cars.
Posted on : 2017-11-18 16:26:19
India raises import tax on edible oils to highest in a decade
MUMBAI/NEW DELHI (Reuters) - India has raised import tax on edible oil to the highest level in more than a decade, the government said in an order, as the world's biggest importer of edible oils tries to support its farmers.
Posted on : 2017-11-18 13:03:55
Exclusive: Toshiba set to OK $5 billion injection Monday to stay listed - sources
TOKYO (Reuters) - Toshiba Corp will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said.
Posted on : 2017-11-18 12:58:26
Reuters poll: Major U.S. tax cuts not likely this year - economists
BENGALURU (Reuters) - U.S. Republicans are not expected to push major tax cuts through Congress this year, according to a majority of economists in a Reuters poll, who in any case were skeptical that the legislation would provide a significant boost to the economy.
Posted on : 2017-11-18 12:49:46
Moody's withdraws RCom's credit rating after missed payment
MUMBAI (Reuters) - Rating agency Moody's said on Friday it has withdrawn its credit rating on Reliance Communications, as it considers the Indian telecom operator to be in default for missing an interest payment on its bonds that was due last week.
Posted on : 2017-11-18 12:00:28
India raises import tax on edible oils: government order
NEW DELHI (Reuters) - India doubled the import tax on crude palm oil to 30 percent, while the duty on refined palm oil has been raised to 40 percent from 25 percent earlier, the government said in an order late on Friday, as it tries to support local farmers.
Posted on : 2017-11-18 10:25:07
Global Markets: U.S. dollar, Wall Street fall with tax overhaul in focus
NEW YORK (Reuters) - The U.S. dollar was lower on Friday along with Wall Street stocks as investors pulled back from technology stocks and were skeptical President Donald Trump's Republican party would succeed in its efforts at overhauling U.S. tax law.
Posted on : 2017-11-18 08:38:20
China's home price growth picks up in October
BEIJING (Reuters) - China's new home prices rose at a slightly faster pace in October after gains had held steady the previous month, as prices remained resilient in the face of falling sales and a tighter liquidity environment.
Posted on : 2017-11-18 08:36:34
Global banks flag concerns over U.S. Senate tax proposal
WASHINGTON (Reuters) - Global banks raised concerns on Friday over a provision in the U.S. Senate tax bill aimed at cracking down on tax avoidance by multinational corporations that they said could hurt the banking industry.
Posted on : 2017-11-18 05:56:45
Key NAFTA talks open in Mexico amid complaint of U.S. inflexibility
MEXICO CITY (Reuters) - A key round of talks to update the NAFTA trade pact formally opened on Friday, but within hours Canada was complaining about inflexibility by the United States, which is demanding big changes, a union leader said.
Posted on : 2017-11-18 04:44:01
Canada, Mexico try more flexibility as key NAFTA round opens
MEXICO CITY (Reuters) - A key round of talks to update the NAFTA trade pact formally opened on Friday with Canada and Mexico seeking to show more flexibility about addressing hard line U.S. demands that they had previously dismissed as unworkable.
Posted on : 2017-11-18 03:14:48
U.S. dollar, Wall St. fall with tax overhaul in focus
NEW YORK (Reuters) - The U.S. dollar was lower on Friday along with Wall Street stocks as investors pulled back from technology stocks and were skeptical President Donald Trump's Republican party would succeed in its efforts at overhauling U.S. tax law.
Posted on : 2017-11-18 02:58:26
Exclusive: Vale delays sale of stake in New Caledonia nickel mine - sources
NEW YORK/VANCOUVER (Reuters) - Vale SA has decided to postpone the sale of a stake in its New Caledonia nickel mine after the initial bids for the asset came in at the lower end of expectations, two people with knowledge of the matter said.
Posted on : 2017-11-18 02:56:13
U.S. dollar, Wall St fall as tax reform in focus
NEW YORK (Reuters) - The U.S. dollar was lower on Friday along with Wall Street stocks as investors pulled back from technology stocks and were skeptical President Donald Trump's Republican party would succeed in its efforts at U.S. tax reform.
Posted on : 2017-11-18 01:47:00
  • Live
  • Upcomming
  • Completed