Australia’s AMP misled corporate watchdog for almost a decade: inquiry hears
SYDNEY (Reuters) – Australia’s largest wealth manager AMP Ltd lied to the country’s corporate watchdog for almost a decade to cover its widespread practice of charging customers for services it did not provide, an inquiry heard on Tuesday.
China first-quarter GDP grows 6.8 percent year-on-year, slightly more than expected
BEIJING (Reuters) – China’s economy grew 6.8 percent in the first quarter of 2018 from a year earlier, official data showed on Tuesday, slightly above expectations and unchanged from the previous quarter.
Elon Musk’s Boring Co raises $112.5 million in funding, most from Musk
(Reuters) – Elon Musk’s Boring Co said on Monday it raised $112.5 million in equity, with 90 percent coming from Musk himself, as the company seeks to build underground tunnels for its hyperloop transportation project.
Australia’s AMP mislead corporate watchdog for almost a decade-inquiry
SYDNEY (Reuters) – Australia’s largest wealth manager AMP Ltd lied to the country’s corporate watchdog for almost a decade to cover its widespread practice of charging customers for services it did not provide, an inquiry heard on Tuesday.
Asia stocks edge up on easing Syria tensions; focus on earnings, China GDP
TOKYO (Reuters) – Asia stocks edged higher on Tuesday, tracking Wall Street gains as the focus shifted to corporate earnings and looming economic data from China amid signs Western-led strikes on Syria weren’t likely to escalate.
NAFTA meeting on tap; Mexico doesn’t want to be used to elude U.S. tariffs
MEXICO CITY (Reuters) – The ministers leading the renegotiation of the North American Free Trade Agreement (NAFTA) could meet again on Thursday in Washington as they push for quick progress, Mexican Economy Minister Ildefonso Guajardo said on Monday.
Tesla says Model 3 production shut down temporarily
SAN FRANCISCO (Reuters) – Tesla Inc has temporarily suspended its Model 3 assembly line in what the company said on Monday was a planned production pause, as the automaker continues to face challenges ramping up its new sedan.
Netflix programming binge pays off with subscriber surge
(Reuters) – Netflix Inc’s blitz of original programs attracted a surprisingly high 7.4 million new customers from January to March, reassuring investors who are betting the video-streaming pioneer’s massive spending will fuel growth around the world.
Elon Musk’s Boring Company raises $112.5 million for hyperloop
(Reuters) – Elon Musk’s Boring Company has raised $112.5 million in equity, the firm said in a regulatory filing on Monday, as it seeks to build underground tunnels for its hyperloop transportation project.
Meeting eyed for NAFTA ministers on Thursday in Washington
MEXICO CITY (Reuters) – Mexican Economy Minister Ildefonso Guajardo said on Monday that he was discussing a possible Thursday meeting in Washington with his NAFTA counterparts, Canadian Foreign Minister Chrystia Freeland and U.S. Trade Representative R…
