AXA to move staff to Ireland from UK and France in light of Brexit
French insurer AXA will move staff over to Ireland from France and the United Kingdom, in light of Britain’s plans to leave the European Union.
Most Asia shares inch up as signals on trade talks awaited
Asian shares edged up on Thursday on a weaker dollar and hopes of more economic stimulus in China, but many stocks seesawed as markets awaited some details on this week’s U.S.-China trade talks amid hopes an all-out trade war can be averted.
Jaguar Land Rover to cut thousands of UK jobs after China, diesel slump: source
Britain’s biggest carmaker Jaguar Land Rover (JLR) is set to announce “substantial” job cuts in the thousands, a source told Reuters, as the company faces double-digit drops in demand in China and a slump in sales for diesel cars in Europe.
China says trade talks with U.S. made progress on forced tech transfers, IP rights
China and the United States made progress during their recent trade talks over structural issues such as forced technology transfers and intellectual property rights, China’s commerce ministry said on Thursday.
Asia shares recover as China stocks rise after weak data
Asian shares edged up on Thursday as stimulus expectations and a rise in the yuan helped Chinese equities erase early losses, while markets awaited more news on U.S.-China trade talks amid hopes that an all-out trade war can be averted.
U.S. oil export boom sparks a battle to build Texas ports
Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more than 3 million barrels per day in new supplies expected over the next five years.
Exclusive: VW, China spearhead $300 billion global drive to electrify cars
Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years, with nearly half of the money targeted at China, accelerating the industry’s transition from fossil fuels and shifting power …
Prosecutors set to indict Nissan’s Ghosn again on Friday: source
Japanese prosecutors plan to indict former Nissan Motor Co Ltd Chairman Carlos Ghosn on two more charges of financial misconduct on Friday, a person with knowledge of the issue said, bringing the total number to three.
California utility PG&E explores bankruptcy filing: sources
(This January 4 story has been corrected to remove incorrect reference to the Woolsey fire)
Asia shares check rally as US-China trade talks, Fed policy in focus
Asian shares took a breather on Thursday after an extended rally, as markets awaited more news on U.S.-China trade talks that have raised hopes of a deal to avert an all-out trade war between the economic giants.
