Asia stocks up on U.S. tax-reform optimism, dollar hesitant
TOKYO (Reuters) – Asian stocks advanced on Tuesday after a record-setting session on Wall Street on bets that U.S. lawmakers would pass sweeping tax legislation, while the dollar was tentative as traders were circumspect about the bill’s economic impa…
Cuba boosts trade ties with Cold War ally Russia as U.S. disengages
HAVANA (Reuters) – Boxy Russian-built Lada automobiles still rattle around Cuba, growing more decrepit by the year, a reminder of vanished Soviet patronage for the Communist-led island.
Amtrak safety record under scrutiny even before deadly derailment
(Reuters) – The fatal derailment of an Amtrak train south of Seattle on Monday is likely to intensify scrutiny of the national passenger railroad company’s safety record, which was already under the microscope following a series of fatal incidents.
Singapore issues more financial bans related to 1MDB scandal
SINGAPORE (Reuters) – Singapore’s central bank on Tuesday said it had permanently barred Yeo Jiawei, a former wealth manager of Swiss bank BSI involved in breaches related to Malaysia’s 1MDB fund, from managing financial services firms and advisory act…
Asia stocks up on U.S. tax-reform optimism, dollar treads water
TOKYO (Reuters) – Asian stocks advanced on Tuesday after a record-setting session on Wall Street on bets that U.S. lawmakers would pass sweeping tax legislation, while the dollar treaded water as traders were circumspect about the bill’s economic impa…
ESPN President Skipper resigns to deal with substance addiction
(Reuters) – Walt Disney Co’s John Skipper resigned on Monday as president of ESPN, the company’s most important network, due to a problem with addiction.
Massachusetts and NY probing MetLife over unpaid pensions
(Reuters) – Regulators in Massachusetts and New York State said on Monday they are probing MetLife Inc after the insurer revealed last week it had failed to pay pensions to potentially thousands of people.
Hershey, Campbell bet nearly $6 billion on healthy snacks makers
(Reuters) – Campbell Soup Co and Hershey Co on Monday unveiled deals totaling nearly $6 billion to buy healthy packaged snacks makers, the latest example of big U.S. food companies trying to cater to an increasing American preference for healthy foods….
Boeing-Bombardier spat puts U.S.-Canadian trade deals in spotlight
WASHINGTON (Reuters) – Boeing Co and Bombardier Inc traded barbs on Monday over the U.S. planemaker’s claim that its Canadian rival benefited from billions of dollars in illegal government subsidies and dumped its newest jetliner in the United States a…
NY regulator probing unpaid pensions by MetLife
(Reuters) – New York state’s financial regulator is reviewing MetLife Inc’s failure to pay some workers’ pensions, the regulator said on Monday.
