Asia shares take a breather, pound near nine-month peak
Asian shares paused on Thursday as investors awaited data from China for clues about the health of the world’s second largest economy while the pound shot up to near nine-month highs as the risk of a no-deal Brexit receded following a late-night vote.
Nissan may ask ex-Toray boss Sakakibara to chair board meetings: source
Nissan Motor is considering asking ex-Toray Industries chief and Japan Inc heavyweight Sadayuki Sakakibara to chair its board meetings while leaving vacant the chairman post previously held by Carlos Ghosn, a source said on Thursday.
Walmart to introduce tablet under its ONN store brand: Bloomberg
Walmart Inc plans to introduce a low-priced, kid-friendly electronic tablet under its ONN store brand, Bloomberg reported on Thursday.
SoftBank, others in talks to invest $1 billion in Uber’s self-driving unit: sources
A group of investors led by SoftBank Group Corp and Toyota Motor Corp are in talks to invest $1 billion or more into Uber Technologies Inc’s self-driving vehicle unit, which would value the unit at between $5 billion and $10 billion, according to two s…
Brazil grounds Boeing 737 MAX 8 planes following fatal crash
Brazil on Wednesday became the first major Latin American nation to suspend Boeing 737 MAX 8 aircraft from flying after a request from the country’s federal chief prosecutor following Sunday’s deadly crash of an Ethiopian Airlines plane.
U.S. Congress wants to know why the FAA waited so long to ground Boeing 737 jets
Congress plans to scrutinize why the United States waited so many days to ground all Boeing Co 737 MAX jets involved in Sunday’s crash in Ethiopia as other countries and airlines acted more quickly.
Exclusive: U.S. aims to cut Iran oil exports to under 1 million bpd from May – sources
The United States aims to cut Iran’s crude exports by about 20 percent to below 1 million barrels per day (bpd) from May by requiring importing countries to reduce purchases to avoid U.S. sanctions, two sources familiar with the matter told Reuters.
U.S. prosecutors probing Facebook’s data deals: NYT
U.S. federal prosecutors are conducting a criminal investigation into data deals Facebook Inc struck with some of the world’s largest technology companies, the New York Times reported on Wednesday.
Wells Fargo CEO’s pay raise draws rare Fed response
Wells Fargo & Co gave Chief Executive Tim Sloan a 5 percent pay raise for 2018, prompting the Federal Reserve to release a statement saying that it does not sign off on executive pay.
Factbox: U.S. airlines focus on affected customers after 737 MAX jets grounded
U.S. airlines that operate the 737 MAX – Southwest Airlines Co, American Airlines Group Inc and United Airlines – said their focus following the plane’s grounding was on finding alternatives for affected customers as quickly as possible.
