Who is making money from struggling U.S. malls?
CHICAGO/NEW YORK (Reuters) – With its lonely hallways, half-shut food court and out-of-order restrooms, the River Oaks Center mall in suburban Chicago seems like an unlikely place to make money.
Oil steady as outages balance trade dispute, OPEC
LONDON (Reuters) – Oil prices steadied on Tuesday, supported by Canadian production losses and uncertainty over Libyan exports, but under pressure from climbing OPEC supply and escalating trade conflicts between the United States and other major econom…
GE to spin off healthcare unit, divest Baker Hughes stake
(Reuters) – General Electric Co said on Tuesday it will spin off its healthcare business and divest its stake in oil-services firm Baker Hughes, effectively breaking up the 126-year-old conglomerate which was once the most valuable U.S. corporation and…
Audi partners with Israel’s autonomous vehicle simulation startup Cognata
(Reuters) – German carmaker Audi AG has partnered with autonomous vehicle simulation platform provider Cognata Ltd to speed up the development of autonomous vehicles, the Israel-based startup said on Tuesday.
Toyota gives Corolla a sporty makeover to draw young drivers in aging Japan
TOKYO (Reuters) – Toyota Motor Corp has given the Corolla, one of the world’s best-selling cars, a major makeover and launched it in Japan on Tuesday in hopes that a sporty silhouette and new interactive functions will draw in younger buyers.
GE to divest healthcare unit, separate Baker Hughes
(Reuters) – General Electric Co on Tuesday said it plans to spin off its healthcare business and separate its oil services company Baker Hughes, as it looks to streamline operations and focus on aviation, power and renewable energy units.
Europe claws higher after China enters bear territory
LONDON (Reuters) – Modest gains from Europe’s main bourses relieved nervy investors on Tuesday, after the latest escalation in an increasingly global trade storm pummeled Wall Street and sent China into ‘bear’ market territory.
UK’s Hammond says trade war would be “disaster” for U.S.: CNBC
LONDON (Reuters) – British finance minister Philip Hammond said on Thursday that the prospect of a trade war would be a disaster, especially for the United States.
UK’s Sainsbury’s falls behind rivals with dip in sales: Kantar Worldpanel
LONDON (Reuters) – Sales at Sainsbury’s , Britain’s second biggest supermarket group, dipped in the last 12 weeks, while its main rivals all saw increases, industry data showed on Tuesday.
Oil rises as outages balance trade dispute, OPEC
LONDON (Reuters) – Oil prices rose on Tuesday, supported by Canadian production losses and uncertainty over Libyan exports, but under pressure from climbing OPEC supply and intensifying trade conflicts between the United States and other major economie…
