Exclusive: Rusal to change board in bid to persuade U.S. to lift sanctions-sources
MOSCOW/LONDON (Reuters) – Russia’s Rusal will overhaul its board and management in the hope the United States will remove the aluminum firm from a sanctions list so it can restart shipments to its customers around the world, two sources told Reuters.
Tech gains and Korean vibes give world stock markets a boost
LONDON (Reuters) – World stocks rose on Friday, lifted by strong share price gains for tech giants such as Amazon and Facebook and growing hopes of a lasting peace on the Korean peninsula after a ground-breaking meeting of North and South Korean leader…
Rusal to change board in bid to persuade U.S. to lift sanctions: sources
MOSCOW (Reuters) – Russia’s Rusal will overhaul its board and management in the hope the United States will remove the aluminum firm from a sanctions list so it can restart shipments to its customers around the world, two sources told Reuters.
Bitcoin frenzy settles down as big players muscle into market
LONDON/NEW YORK/SINGAPORE (Reuters) – After bouncing up, falling down and keeping investors on the edges of their seats, bitcoin may be maturing into a period of relatively boring stability, experts say.
Volkswagen eyes further productivity gains in months ahead
BERLIN (Reuters) – Volkswagen expects productivity at its core autos brand to keep growing in the months ahead because of cost cuts and full availability of higher-margin models launched last year.
China’s Hollywood romance sours amid trade war, debt fears
QINGDAO, China (Reuters) – When Dalian Wanda, the Chinese conglomerate, announced in 2013 that it would build an $8 billion film studio in China to lure U.S. film producers, it did so with Hollywood flash.
Asian stocks rise after U.S. tech shares bounce
SINGAPORE (Reuters) – Asian shares rose on Friday after U.S. equities were buoyed by a rebound in technology stocks, while markets in Seoul were underpinned by optimism as leaders of North and South Korea held their first summit in over a decade.
Airbus cuts A330 output, first quarter profit capped by engine delays
PARIS (Reuters) – Airbus announced a 17 percent drop in planned 2019 deliveries of its most successful wide-body jet on Friday following a series of order defeats to rival Boeing, while blurring near-term production plans for the much healthier A320.
TSMC to invest $14 billion in R&D at Hsinchu facility
TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co , the world’s largest contract chipmaker, is planning a T$400 billion ($13.50 billion) investment to expand its research and development capacity for future technologies, a company spokeswoman sa…
Emboldened by Trump, banks push to throw off old rule constraints
WASHINGTON (Reuters) – Emboldened by President Trump’s pledge to loosen laws introduced following the 2007-2009 global financial crisis, U.S. banks are pushing to scrap or revise more than a dozen other lesser-known rules they say are outdated, costly …
