Qatar to buy New York’s Plaza Hotel for $600 million: source
LONDON (Reuters) – The tiny but ultra-rich Gulf state of Qatar has agreed to buy one of New York’s most iconic buildings, the Plaza Hotel, for around $600 million, adding a development that was once owned by U.S. President Donald Trump to its luxury pr…
Stock futures higher as oil prices rise
(Reuters) – U.S. stock index futures rose on Tuesday, boosted by a jump in oil prices and early gains in big technology stocks.
Glencore gets U.S. subpoena on compliance with money-laundering laws
LONDON (Reuters) – U.S. authorities have demanded the U.S. arm of Glencore Plc hand over documents relating to its business in Nigeria, the Democratic Republic of Congo and Venezuela, sending shares in the parent company down more than 10 percent.
Hyundai Motor’s union votes to strike after wage talks fail
SEOUL (Reuters) – Hyundai Motor’s unionized workers in South Korea voted on Tuesday to strike over stalled wage talks, adding to the woes of the automaker that is bracing for potential new U.S. tariffs amid falling profits.
Trump moves to block China Mobile’s U.S. entry on security concerns
SHANGHAI/HONG KONG (Reuters) – The U.S. government has moved to block China Mobile from offering services to the country’s telecommunications market, recommending its application be rejected because the firm posed national security risks.
AirAsia X looking further into Airbus A330neo to ‘finally confirm’ order: co-group CEO
SINGAPORE (Reuters) – AirAsia X Bhd needs to ensure the price, performance and engines of the Airbus SE A330neo are right before it will “finally confirm” its order for 66 of the jets, its co-group chief executive said on Tuesday.
World stocks rise off 2-1/2 month low, China soothes currency markets
LONDON (Reuters) – World stocks rose on Tuesday, supported by gains in Europe and three straight days of tech-driven rises in the United States, even though markets across Asia and especially China remained in the grip of trade turbulence.
Amsterdam adds to exchange Brexit spoils with Cboe win
LONDON (Reuters) – Chicago-based Cboe Global Markets will open a European Union stock trading venue in Amsterdam as Britain leaves the bloc, adding to the Dutch city’s Brexit spoils.
Alibaba, Tencent lead $1.5 billion investment in China media group CMC
SHANGHAI/BEIJING (Reuters) – Chinese state-backed media group CMC Inc said on Tuesday it raised around 10 billion yuan ($1.49 billion) in a fundraising round from investors including tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd .
U.S. fund claims $175 million from South Korea over Samsung units’ 2015 merger
SEOUL (Reuters) – New York-based hedge fund Mason Capital Management has filed a legal claim seeking at least $175 million from the South Korean government as compensation for damages it says it sustained from a 2015 merger of two Samsung Group affilia…
