Dollar holds firm against yen, major peers on strong U.S. inflation
The dollar rose to a six-month high against the yen and steadied against other major peers on Thursday after U.S. inflation data reaffirmed expectations that the Federal Reserve will hike interest rates two more times this year.
Dollar hits six-month high against yen on strong inflation
The U.S. dollar strengthened against the Japanese yen on Wednesday as trade tensions mounted and after the Labor Department’s expectation-beating inflation report, which increased prospects that the Federal Reserve will raise interest rates another two…
Asia stocks sag on trade war fears, dollar buoyant
Asian stocks remained under pressure on Thursday from fears of an escalation in the U.S.-China trade war, while the dollar stood stall after rallying against its peers amid the turmoil in broader markets.
Embraer counts on Brazil’s public-sector funds to approve Boeing JV: sources
Planemaker Embraer SA is counting on the votes of public-sector Brazilian shareholders to outweigh any potential investor objections to its tie-up with Boeing SA , two people with knowledge of the matter said.
Walmart plans to sell Japanese supermarket chain Seiyu: Nikkei
U.S. retailer Walmart Inc has decided to sell Japanese supermarket chain Seiyu and has already approached major retailers and private equity funds, the Nikkei business daily reported on Thursday.
Chipmaker Broadcom plans $19 billion deal to buy software company CA
Broadcom Inc plans to acquire U.S. business software company CA Inc in a $19 billion deal aimed at diversifying Broadcom beyond semiconductors, but Wall Street analysts were immediately skeptical.
Glencore faces lawsuits over U.S. subpoena, stock drop
Glencore Plc faces at least two lawsuits by U.S. shareholders accusing the big Anglo-Swiss mining company of having made false and misleading disclosures before it received a subpoena in a corruption probe, and its stock tumbled.
Comcast raises bid for Sky to $34 billion, tops Fox’s offer
Comcast Corp on Wednesday raised its all-cash offer for Britain’s Sky to $34 billion, topping a raised bid of $32.5 billion for the pay-TV group from Rupert Murdoch’s Twenty-First Century Fox .
Comcast makes higher offer for Sky, tops Fox bid
Comcast Corp on Wednesday raised its offer for Britain’s Sky in a deal valuing the pay-TV group at $34 billion, challenging a raised bid from Twenty-First Century Fox .
Wall Street snaps four-day rally; latest trade threat weighs
U.S. stocks fell on Wednesday, breaking a four-session streak of gains after Washington’s threat to impose tariffs on an additional $200 billion worth of Chinese goods fanned trade war fears, while a sharp drop in oil prices hit energy shares.
