British government completes 7.7 percent RBS stake sale
LONDON (Reuters) – Britain’s government sold approximately 7.7 percent of Royal Bank of Scotland shares , the bank said in a regulatory filing on Tuesday.
Asia stocks steady after rally, focus back on fundamentals
TOKYO (Reuters) – Asian stocks steadied on Tuesday as investors paused for breath after the previous day’s rally, although tech-inspired Wall Street gains supported broader sentiment as focus shifted to bullish economic fundamentals, away from trade co…
Emirates sees oil, dollar ‘double whammy’, but demand strong
SYDNEY (Reuters) – The president of Emirates airline said the rare combination of higher oil and a stronger dollar, which usually move in opposite directions, represented a “double whammy” in terms of their impact on costs but that passenger demand rem…
Japan’s Sharp says to buy Toshiba’s PC business
TOKYO (Reuters) – Japan’s Sharp Corp said it will acquire Toshiba Corp’s personal computer business for $36 million, highlighting its recovery under the control of Foxconn and marking a return to a business it quit eight years ago.
Asia stocks edge down after rally, focus back on fundamentals
TOKYO (Reuters) – Asian stocks pulled back on Tuesday as investors paused for breath after the previous day’s rally, although tech-inspired Wall Street gains supported broader sentiment as focus shifted to bullish economic fundamentals, away from trade…
Exclusive: Mexico set to impose 20 percent tariff on U.S. pork legs – sources
MEXICO CITY (Reuters) – Mexico will impose a 20 percent tariff on U.S. pork imports, two industry officials with direct knowledge of the plan told Reuters on Monday, for the first time providing details of the country’s retaliatory measures to U.S. Pre…
Mexico firms eye workaround on U.S. metals tariffs; consumers in bind
MEXICO CITY (Reuters) – Mexican firms will need to cut deals with suppliers and consider buying goods elsewhere once a conflict over U.S. steel and aluminum import tariffs starts to bite, even as consumers are seen ultimately picking up the tab from an…
Asia stocks dip after rally, focus back on fundamentals
TOKYO (Reuters) – Asian stocks dipped on Tuesday as the markets took a breather after the previous day’s rally, although tech-inspired Wall Street gains helped limit the losses, with investor focus moving away from trade concerns and back to benign eco…
Oil climbs, but record U.S. crude output, higher OPEC supplies drag
SEOUL (Reuters) – Oil prices edged higher on Tuesday after falling nearly 2 percent in the previous session, but growing U.S. production and expectations of higher OPEC supplies continue to weigh on sentiment.
Apple issues new App Store rules aimed at streaming PC-based games
(Reuters) – Apple Inc on Monday issued new review guidelines for its lucrative App Store platform, after it moved to block plans by Steam, the biggest distributor of PC-based video games, to extend its reach into iPhones and iPads.
