Exclusive: China’s Wanda mulls sport unit IPO and sale of overseas assets – sources
HONG KONG (Reuters) – China’s Dalian Wanda Group is considering a Hong Kong listing for its sports assets as part of efforts to rationalize its portfolio that could also include other sales, according to five people familiar with the situation.
Oil at highest since mid-2015 amid Iran tensions, tighter market
SINGAPORE (Reuters) – Oil prices on Thursday hit their highest in more than two and a half years, touching levels not seen since before a slump in commodity markets in 2014/15, boosted by tensions in key producer Iran and by ongoing OPEC-led output cut…
Asian shares scale ten-year peak, oil elevated on Iran unrest
TOKYO (Reuters) – Asian shares vaulted to 10-year highs on Thursday as solid economic data from the United States and Germany reinforced investors’ optimism, while oil prices hovered at a 2-1/2-year high with unrest in Iran stoking supply disruption co…
AT&T to launch 5G in U.S. by late 2018
(Reuters) – AT&T Inc , the No. 2 U.S. wireless carrier, said it would launch fifth-generation (5G) mobile network service in a dozen cities in the United States by late 2018, after international wireless standards for the network were finalised last month.
Asian shares scale 10-year peak, oil elevated on Iran unrest
TOKYO (Reuters) – Asian shares flirted with 10-year highs on Thursday as solid economic data from the United States and Germany reinforced investors’ optimism, while oil prices hovered at a 2-1/2-year high with unrest in Iran stoking supply disruption …
GM’s China December vehicle sales up 13.1 percent year-on-year
SHANGHAI/BEIJING (Reuters) – General Motors Co’s sales in China rose 13.1 percent in December from a year ago to 491,702 vehicles, having increased 13 percent in November, the company said on Thursday.
Asian shares at 10-year peak on upbeat data, oil elevated on Iran unrest
TOKYO (Reuters) – Asian shares scaled a 10-year high on Thursday as solid economic data from the United States and Germany reinforced investors’ optimism while oil prices hovered at 2-1/2-year high with unrest in Iran stoking supply disruption concerns…
U.S. judge clears Takata to seek creditor vote on bankruptcy plan
WILMINGTON, Del. (Reuters) – The judge overseeing the bankruptcy of Takata Corp’s U.S. unit on Wednesday cleared the way for the company’s creditors to vote on its Chapter 11 plan, which critics say limits the legal rights of those injured by its dead…
Exclusive: Apollo nears deal for Fortress’ stake in OneMain – sources
(Reuters) – Private equity firm Apollo Global Management LLC is nearing a deal to acquire investment firm Fortress Investment Group LLC’s stake in U.S. subprime lender OneMain Holdings Inc , people familiar with the matter said on Wednesday.
Tesla pushes back Model 3 production target again, despite progress
SAN FRANCISCO (Reuters) – Tesla Inc delayed a production target for its new Model 3 sedan for the second time on Wednesday, disappointing investors even as it claimed “major progress” overcoming manufacturing challenges that have hampered the vehicle…
