China to ask Wall Street for ideas on improving U.S. ties
China will ask Wall Street firms for ways to improve ties with the United States and suggestions to open up its financial sector at a day-long meeting in Beijing on Sunday, people familiar with the matter said.
Oil prices rise as focus returns to supply concerns
Oil rose on Friday, clawing back some territory after prices fell by the most in a month in the previous session, as the focus returned to supply concerns ahead of a November deadline for U.S. sanctions on Iranian crude.
VW board to discuss future of Audi CEO Stadler on Monday: Spiegel
The supervisory board of Volkswagen will meet on Monday to discuss the future of Rupert Stadler, the suspended chief executive of its premium brand Audi, German magazine Der Spiegel reported on Friday.
Trade hopes, tech, and Turkey bolster world stocks
Shares rose around the world on Friday as expectations grew that the United States and China would open new trade talks, while an interest rate hike in Turkey supported the lira and global risk appetite.
Metro’s Real hypermarket sale triggers talk of Amazon interest
German retailer Metro AG plans to sell its struggling Real hypermarket chain, which some analysts say could fetch around 1 billion euros ($1.2 billion) and attract interest from potential buyers including online giant Amazon .
Hyundai Motor Group promotes heir apparent Chung as succession looms
Hyundai Motor Group promoted heir apparent Euisun Chung on Friday to a role of overseeing the conglomerate, moving him a step closer to succeeding his octogenarian father as head of South Korea’s second largest group.
Australia watchdog files civil suit against ANZ over 2015 share issue
Australia’s corporate watchdog sued Australia and New Zealand Banking Group Ltd on Friday over a troubled A$2.5 billion ($1.8 billion) share placement, flexing its muscle amid criticism levied at regulators for being soft on finance firms.
Metro confident of interest as puts Real hypermarkets on block
German retailer Metro AG plans to sell its struggling Real chain and is confident of interest in the hypermarkets, which some analysts say could fetch around 1 billion euros ($1.2 billion).
Takeda gets China’s approval for $62 billion Shire purchase
Takeda Pharmaceutical Co Ltd said on Friday China approved its purchase of Shire Plc, the latest regulator to clear the $62 billion deal and bring the Japanese group closer to becoming a global top 10 drugmaker.
Oil prices claw back on supply concerns, but demand worries drag
Oil on Friday clawed back some of its losses from the previous session, when prices fell the most in a month, with concerns about supply countering worries that emerging market crises and trade disputes could dent demand.
