Japan Airlines chief, credited with helping steer recovery, to step down
TOKYO (Reuters) – Japan Airlines Co (JAL) said on Wednesday that President Yoshiharu Ueki, who helped lead the company’s recovery from bankruptcy, will be replaced by a senior executive in April.
Battle of the beans: Monsanto faces a fight for soy market
WINNIPEG, Manitoba/CHICAGO (Reuters) – Monsanto Co is facing major threats to its historic dominance of seed and herbicide technology for the $40 billion U.S. soybean market.
Puerto Rico utility sale sets up fight with creditors
NEW YORK (Reuters) – The Puerto Rican governor’s plan to privatize PREPA, the island’s bankrupt power utility, could herald hard times for holders of its $9 billion in bonds, who are concerned the deal could strip their ability to collect on their inve…
2018 global growth to roll to highs not seen in eight years: Reuters poll
BENGALURU (Reuters) – The global economy is expected to grow at a robust pace this year and reach an altitude not seen since 2010, as momentum builds in developed economies and inflation revives, Reuters polls of over 500 economists showed.
Toys “R” Us says to shut a fifth of its U.S. stores
(Reuters) – Toys “R” Us Inc said on Tuesday it will shut about one-fifth of its stores in the United States in the coming months, as the toy store chain tries to emerge from one of the largest ever bankruptcies by a specialty retailer.
Toys “R” Us says to shut about 180 U.S. stores
(Reuters) – The Canadian arm of Toys “R” Us Inc said on Tuesday that about 180 of its stores will be shut in the United States in the coming months, as the toy store chain tries to emerge from one of the largest ever bankruptcies by a specialty retaile…
Asia shares take a breather, dollar sold anew
SYDNEY (Reuters) – Asian share markets took a time out on Wednesday as investors were left breathless at the breakneck pace of recent gains, while a fresh burst of speculative selling took the U.S. dollar to three-year lows.
Boeing completing 787-10 flight tests with GE engines
(Reuters) – Boeing Co has still to complete flight tests on the newly certified 787-10 Dreamliner with General Electric Co engines, but has finished tests with Rolls-Royce Holdings PLC engines, a Boeing executive said on Tuesday.
Ex-Obama administration official in exclusive talks with Weinstein Co: source
(Reuters) – The Weinstein Company has entered into exclusive negotiations to sell the studio with a group of investors led by former Obama administration official Maria Contreras-Sweet, a source familiar with the matter said on Tuesday.
Asia shares surf global growth wave, dollar sinks
SYDNEY (Reuters) – Asian shares scaled record peaks on Wednesday as strong corporate earnings and optimism on global growth outweighed concerns over trade tensions, while a fresh burst of speculative selling took the U.S. dollar to three-year lows.
