China’s foreign ownership cap change may stir interest in smaller banks: Fitch
BEIJING (Reuters) – Beijing’s landmark move to ease or remove limits on foreign ownership in China’s financial sector will likely stoke acquisition interest in smaller banks, Fitch Ratings said.
Ethiopian could buy 10-20 of Boeing’s proposed mid-sized jet
DUBAI (Reuters) – Ethiopian Airlines would be interested in buying around 10 to 20 of the mid-sized jets that Boeing is studying whether to develop, the African airline’s chief executive said on Tuesday.
Exclusive: Kremlin tells companies to deliver good news
The Russian leadership has told major companies to supply it with news stories that put its stewardship of the country in a positive light, according to documents seen by Reuters.
Asia stocks subdued as China data disappoints
SYDNEY (Reuters) – Asian stocks put in a subdued performance on Tuesday as Chinese economic data disappointed and investors pondered whether a marked flattening in the U.S. yield curve might be a harbinger of a future slowdown there.
Emirates believes Airbus can guarantee development of A380 program
DUBAI (Reuters) – Emirates [EMIRA.UL] believes Airbus can meet demands from the airline’s owner, the Dubai government, for the European planemaker to guarantee development of the superjumbo A380 program.
Silicon Valley blasts Senate proposal to tax startup options
SAN FRANCISCO (Reuters) – A proposal by the U.S. Senate to change the way shares in startup companies are taxed incited panic and dread in Silicon Valley on Monday, with startup founders and investors warning of nothing less than the demise of their in…
Asia stocks muted as China data disappoints
SYDNEY (Reuters) – Asian stocks faltered on Tuesday as Chinese economic data disappointed and investors pondered whether a marked flattening in the U.S. yield curve might ultimately be a harbinger of a slowdown there.
SoftBank says considering investment in Uber but no final agreement reached
TOKYO (Reuters) – Japan’s SoftBank Group Corp said on Tuesday it was considering investing in Uber Technologies Inc but there was no final agreement at this stage.
Asia stocks shaky before China data, ponder yield curve
SYDNEY (Reuters) – Asian stocks wobbled on Tuesday as investors awaited developments in U.S. tax reform efforts, while contemplating if a marked flattening in the U.S. yield curve might ultimately be a harbinger of an economic slowdown there.
Goldman Sachs marks stake in Weinstein Co down to zero: source
(Reuters) – Goldman Sachs Group Inc has written down to zero the value of its stake in the Weinstein Company, the movie studio whose co-chairman Harvey Weinstein stepped down last month following sexual assault allegations, a person familiar with the m…
