Asia shares subdued, dollar supported as sterling suffers
Asian shares drifted off on Wednesday as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven dive in the pound.
Ericsson second-quarter operating profit matches expectations
Mobile telecom equipment maker Ericsson reported on Wednesday a rise in line with expectations in second-quarter operating earnings helped by strong sales growth in North America.
Renault-Nissan alliance is priority for France ahead of any consolidation: Le Maire
Renault’s alliance with Japanese partner Nissan remains the priority for France ahead of any further consolidation such as a merger with Fiat-Chrysler , French Finance Minister Bruno Le Maire said on Wednesday.
How lithium-rich Chile botched a plan to attract battery makers
In March 2018, the Chilean government unveiled big news: Corporate investors, including South Korean electronics giant Samsung, would build three factories in Chile to produce battery parts for electric vehicles.
United to resume India flights from September as Pakistan reopens airspace
United Airlines Holdings Inc said on Wednesday it would restart daily nonstop service between New York/Newark, New Delhi and Mumbai from Sept. 6, after Pakistan lifted airspace restrictions.
Oil prices gain, U.S. crude little changed after inventory data
Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for international benchmark Brent after U.S. crude inventories fell less than expected.
Asia shares subdued, dollar benefits as sterling suffers
Asian shares drifted off on Wednesday as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven dive in the pound.
Amazon in deal with German watchdog to overhaul marketplace terms
Amazon has reached a deal with Germany’s anti-trust authority to overhaul its terms of service for third-party merchants, taking action to appease regulators as pressure on the e-commerce giant grows in Europe and the United States.
U.S., Japan eye possible small trade deal by September: sources
The United States and Japan are working on a trade deal involving agriculture and autos that could be agreed by President Donald Trump and Prime Minister Shinzo Abe when they meet in New York in September, three industry sources familiar with the disc…
Visa invests in Indonesian ride-hailing firm Go-Jek
Visa Inc said on Wednesday it has invested in Indonesia’s Go-Jek as part of the ride-hailing company’s ongoing Series F fundraising round.
