Stocks battered as Italian crisis deepens
TOKYO (Reuters) – Asian stocks extended a global sell-off on Wednesday as Italy’s political crisis rippled across financial markets, toppling the euro to a 10-month low, pushing up borrowing costs for Rome and sending investors into safer assets such …
India’s e-commerce wars to be reshaped by private label brands
MUMBAI (Reuters) – For Lalit Bisht, buying Roadster jeans and T-shirts off Myntra, Flipkart’s fashion operation, is a no brainer. It may take a week to deliver clothes to Bisht’s small hometown in India’s hilly northern Uttarakhand state, but the wait …
China slams surprise U.S. trade announcement, says ready to fight
SHANGHAI/BEIJING (Reuters) – China on Wednesday lashed out at Washington’s unexpected statement that it will press ahead with tariffs and restrictions on investments by Chinese companies, saying Beijing was ready to fight back if Washington was looking…
Singapore Airlines to launch world’s longest commercial flight in October
SINGAPORE (Reuters) – Singapore Airlines Ltd said it would launch the world’s longest commercial flight in October, a near-19 hour non-stop journey from Singapore to the New York area.
Facebook’s size no barrier to deals in new areas: executive
RANCHO PALOS VERDES, Calif. (Reuters) – Facebook Inc believes it could acquire other large companies without running afoul of antitrust enforcers if the world’s largest social media network chose to enter a new market, Chief Operating Officer Sheryl Sa…
Stocks take battering as Italian crisis roils financial markets
TOKYO (Reuters) – Asian stocks extended a global sell-off on Wednesday as Italy’s political crisis rippled across financial markets, toppling the euro to a 10-month low, pushing up Italian borrowing costs and sending investors rushing to safe-haven as…
China’s state media slam U.S. trade announcement, say Beijing ready to fight
SHANGHAI/BEIJING (Reuters) – China’s state media on Wednesday lashed into a U.S. announcement that it would press ahead with restrictions on investment by Chinese companies, saying Beijing was ready to fight back if Washington was looking to ignite a t…
Stocks tumble as Italian crisis knocks global sentiment
TOKYO (Reuters) – Asian shares extended a global sell-off in early trading Wednesday as Italy’s political crisis provoked a heavy retreat on Wall Street, sent the euro to a 10-month low and pushed up borrowing costs for the government in Rome.
Chinese state media slam U.S. trade announcement, say Beijing ready to fight
SHANGHAI (Reuters) – Chinese state media criticized a U.S. announcement that it would press ahead with restrictions on investment by Chinese companies, saying on Wednesday that Beijing was ready to fight back if Washington was looking to reignite a tra…
Worsening Italian crisis batters financial markets
TOKYO (Reuters) – Asian shares looked set for a sharp fall on Wednesday as Italy’s political crisis provoked a sell-off on Wall Street, sent the euro to a 10-month low and spiked borrowing costs for the government in Rome.
