Google looking to launch stores in India to boost Pixel sales: report
(Reuters) – Alphabet Inc’s Google is looking to launch brick-and-mortar stores in India to boost sales of its Pixel smartphones, the Economic Times newspaper reported on Tuesday, citing three people with knowledge of the matter.
Apple suppliers drop on report of weak iPhone X demand; analysts’ views mixed
BEIJING (Reuters) – Shares in several of Apple Inc’s Asian suppliers fell for a second straight day on Tuesday, hurt by a report from Taiwan’s Economic Daily and some analysts saying that iPhone X demand could come in below expectations in the first q…
Oil slips towards $65 as Forties pipeline moves closer to restart
LONDON (Reuters) – Oil edged lower towards $65 a barrel on Tuesday, but remained within sight of its highest level since mid-2015, as the looming restart of a key North Sea oil pipeline offset support from OPEC-led supply cuts.
Hyundai Heavy Industries Group to list Oilbank, issue $1.2 billion rights shares
SEOUL (Reuters) – South Korea’s Hyundai Heavy Industries Group plans to list its refining arm Hyundai Oilbank in an IPO in 2018 and raise about $1.2 billion via a share issue by shipbuilder Hyundai Heavy Industries , in a move to bolster its finances.
South Korea’s Hyundai Heavy to conduct $1.2 billion rights issue
SEOUL (Reuters) – South Korea’s Hyundai Heavy Industries said on Tuesday it will conduct a rights issue worth about 1.3 trillion won ($1.21 billion).
Oil near June 2015 high as production cuts tighten market
SINGAPORE (Reuters) – Oil prices were stable on Tuesday, with Brent crude lingering near 2015 highs on the back of an outlook for healthy demand amid ongoing production cuts led by OPEC and Russia.
Bitcoin rises 10 percent, recovers from last week’s brutal selloff
SINGAPORE/TOKYO (Reuters) – Bitcoin extended its recovery in holiday-thinned trading on Tuesday, rising 10 percent to be up more than a third from last week’s lows of below $12,000.
South Korea’s Hyundai Motor union rejects tentative wage deal
SEOUL (Reuters) – South Korean automaker Hyundai Motor Co’s labor union said on Tuesday its members have rejected the tentative wage deal its leadership had agreed with management last week.
Aston Martin to recall over 5,000 vehicles in U.S.: safety agency
(Reuters) – British sportscar maker Aston Martin is recalling around 5,500 vehicles in the United States due to problems with powertrains and battery cables, according to documents posted on the National Highway Traffic Safety Administration’s (NHTSA) …
Russia’s FinMin: crypto FX should only be traded by professionals
MOSCOW (Reuters) – Russian Finance Minister Anton Siluanov said on Monday that cryptocurrencies should be traded only by professional investors, not in the mainstream.
