China-owned Syngenta plots growth in challenging home market
A year on from Syngenta’s $43 billion purchase by ChemChina, the seed and chemical giant is leveraging its new status as a Chinese company to grow its tiny share of the highly fragmented China market.
Trump says ‘unfair’ FCC would not approve Sinclair-Tribune merger
U.S. President Donald Trump said on Tuesday it was “sad and unfair” that the U.S. Federal Communications Commission would not approve the Sinclair Broadcast Group Inc’s $3.9 billion acquisition of Tribune Media .
German utility E.ON to announce about 500 UK job cuts: The Times
German utility E.ON will announce about 500 job losses next week in its British business, the Times reported on Wednesday, as the energy giant tries to cut costs before the British government imposes a price cap.
Asia stocks gain on firmer Wall St., China hopes; U.S. yields elevated
Asian stocks rode higher on Wednesday thanks to strong U.S. corporate earnings and hopes China will boost fiscal support for its economy, while long-term U.S. yields hovered near six-week highs on speculation the Bank of Japan could be less accommodati…
LG Display losses mount on falling panel prices
South Korea’s LG Display Co Ltd said on Wednesday its losses mounted in the second quarter due to falling panel prices and weaker demand from television and handset makers.
Facebook plans innovation hub in China despite tightening censorship
Facebook has set up a subsidiary in China and plans to create an “innovation hub” to support local start-ups and developers, the social media company said on Tuesday, ramping up its presence in the restrictive market where its social media sites remain…
Asian chipmakers’ production plans in focus as super-cycle winds down
Asian memory chipmakers’ production plans and outlook will be closely watched as they start reporting earnings this week, following sharp falls in their stock prices due to concerns that a 2-year industry super-cycle may be skidding to a halt.
Brussels, Greece among EU Brexit options for London insurance brokers: trade body
Brussels, Athens and Piraeus are among cities London insurance brokers could consider for European Union subsidiaries, with time running out to plan for a hard Brexit, a trade body said on Wednesday.
Ivanka Trump closes fashion line to focus on helping her father
U.S. President Donald Trump’s daughter Ivanka Trump on Tuesday said she was shutting her fashion line to focus on her role as an informal White House adviser, where she is working on advancing working women.
AT&T revenue misses Wall Street estimates, shares slip
AT&T Inc, the new owner of cable channels HBO and TNT, on Tuesday reported quarterly revenue that fell shy of Wall Street estimates but added more wireless subscribers than expected.
