China’s Sinopec signs purchase agreements worth $45.6 billion at Shanghai Expo
China’s state-owned Sinopec signed purchase agreements worth $45.6 billion on Thursday, covering supplies of crude oil, chemicals, coal and equipment.
Asia cheered by post-election Wall St. rally, dollar bounces
Asian stocks rose to a one-month peak on Thursday as investors, relieved to have moved past the U.S. midterm elections without any major political surprises, drove a Wall Street rally, while the dollar bounced and pulled away from 2-1/2-week lows.
Google plans to expand office space in New York City: WSJ
Alphabet Inc’s Google is nearing a deal to buy or lease an office building in New York City that could add space for more than 12,000 new workers, The Wall Street Journal reported on Wednesday, citing sources.
A changing New York neighborhood wonders how Amazon would fit
It was the lunch-hour rush at the Court Square Diner in New York’s Long Island City on Wednesday, and co-owner Nick Kanellos pointed to the elevated subway tracks that rattle overhead as he fretted over the news that Amazon may build a major outpost in…
UBS expects to be sued by U.S. Justice Dept over crisis-era mortgage securities
UBS Group AG , Switzerland’s largest bank, said it expects to be sued by the U.S. Department of Justice as early as Thursday on civil charges related to the sale of mortgage-backed securities in the run-up to the 2008-09 financial crisis, according to …
Post-election Wall Street surge leads Asia higher, dollar off lows
Asian stocks rose on Thursday as investors, relieved to have moved past the U.S. midterm elections without any major political surprises, drove a Wall Street rally, while the dollar clawed back some of its earlier losses.
UBS expects to be sued by U.S. Justice Department over crisis-era mortgage securities
UBS Group AG, Switzerland’s largest bank, said it expects to be sued by the U.S. Department of Justice as early as Thursday on civil charges related to the sale of mortgage-backed securities in the run-up to the 2008 global financial crisis, according …
Roku forecasts surprise loss for holiday quarter, shares fall
Roku Inc forecast a surprise holiday-quarter loss and missed third-quarter revenue estimates for its high margin video streaming platform, sending its shares down nearly 13 percent in after-market trading on Wednesday.
Self-driving car industry needs standards and security: executives
Automakers need standards for key equipment, a wide-reaching 5G broadband network and strong partnerships to make self-driving cars and electric vehicles a success, top European car industry executives said on Wednesday.
Comcast plans to roll out new video-streaming device: source
Comcast Corp is planning to launch a product that will allow its broadband subscribers to aggregate some video streaming applications, including Netflix, Amazon Prime and YouTube, according to a source familiar with the matter.
