Austria’s AMS says looking forward to discussions with Osram
Sensor specialist AMS on Tuesday said it took note of Osram’s willingness to discuss a takeover and was looking forward to discussions.
Exclusive: China central bank official says yuan at right level, disorderly capital flows unlikely
China’s yuan is at an appropriate level currently and two-way fluctuations in the currency will not necessarily cause disorderly capital flows, a senior official at the People’s Bank of China told Reuters on Tuesday.
Reliance shares see biggest intraday rise in decade; rivals hit by disruption worries
Reliance Industries shares saw their biggest intraday rise in a more than a decade on Tuesday, after it set a target to reach zero net debt within 18 months and vowed to reward shareholders with higher dividends and periodic bonus issues.
European blockchain company Bitfury launches artificial intelligence unit
European blockchain company The Bitfury Group, valued recently at more than $1 billion, has launched its artificial intelligence (AI) division, the company’s top official told Reuters in an interview.
Asia shares jolted by Hong Kong unrest, Argentine peso crash
Asian shares slumped on Tuesday as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina’s peso currency drove investors to safe harbors like bonds, gold, and the yen.
Exclusive: Citgo chooses new CEO to navigate political, legal turmoil – sources
Citgo Petroleum Corp has selected Carlos Jorda as its next chief executive, according to three people familiar with the matter, turning to a seasoned refinery expert and native Venezuelan to run a company facing legal attacks and working under U.S. san…
African Americans underserved by U.S. banks: study
Many African Americans have difficulty accumulating savings in part because they lack access to mainstream financial services like banking, a new study on the contributing factors to the U.S. racial wealth gap by McKinsey & Co found on Tuesday.
Asia shares tumble as Hong Kong unrest, Argentine peso crash unnerve investors
Asian shares slumped on Tuesday as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina’s peso currency drove investors to safe harbors like bonds, gold, and the Japanese yen.
Asia shares slip as Hong Kong unrest, Argentine peso crash rattle investors
Asian shares fell on Tuesday as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina’s peso currency drove investors to safe harbors like bonds, gold, and the yen.
Occidental finance chief pledges to quickly pare acquisition debt
Occidental Petroleum Corp expects to quickly reduce the $40 billion in debt it took on with its purchase of Anadarko Petroleum, the company’s finance chief said on Monday.
