Asian shares falter, bonds rally on global growth fears
Asian shares stumbled on Wednesday and global bonds rallied as investors fretted over the outlook for world growth with trade tensions between Washington and Beijing showing no signs of abating.
Exclusive: T-Mobile, Sprint could sell Boost for up to $3 billion, potential bidders say
A group of potential buyers are preparing bids for prepaid wireless brand Boost Mobile in an upcoming sale valuing the offshoot of U.S. wireless carriers T-Mobile US Inc and Sprint Corp at up to $3 billion, interested buyers told Reuters.
HSBC plans retail wealth headcount boost; eyes Singapore expansion
HSBC Holdings PLC plans to boost its Asia retail wealth management staff by about 300 by end of this year, with Europe’s biggest lender by assets sharpening its focus on Singapore to add to its presence in core markets of Hong Kong and China.
Canadian lawmakers fume after Facebook’s Zuckerberg snubs invitation
Canadian lawmakers fumed on Tuesday when Facebook Inc founder and Chief Executive Mark Zuckerberg snubbed an invitation to Ottawa to testify on privacy and democracy before an international panel, slapping the billionaire with a standing summons.
Macron says GE must keep its jobs commitments in France
French President Emmanuel Macron said on Tuesday his government would remain vigilant as to whether General Electric Co respects its commitments in terms of jobs in France.
Wall St. loses early gains as trade concerns abound
U.S. stocks closed lower on Tuesday, with initial gains giving way to declines as the likelihood of a prolonged trade war between the United States and China once again kept risk appetite in check.
How Renault, Fiat Chrysler could save through sharing
If French automaker Renault green-lights a proposed merger with Fiat Chrysler Automobiles, the companies almost immediately could begin saving money by consolidating components and basic structures on many of their most popular vehicles, an industry an…
Wall St. gains fade as U.S.-China trade concerns linger
U.S. stocks gave up early gains on Tuesday, with the Dow and S&P 500 moving into negative territory, as the likelihood of a protracted trade war between the United States and China kept investor enthusiasm for stocks in check.
Airbus moves staff to help secure Hamburg jet output: sources
Airbus is mobilizing staff from outside Germany to assist with a tricky production ramp-up of A321 passenger jets at its plant in Hamburg, industry sources said.
France pledges to fight for plant where GE plans 1,044 job cuts
French Finance Minister Bruno Le Maire said on Tuesday he would fight to save jobs at a General Electric Co (GE) factory in eastern France where more than 1,000 posts are threatened.
