Amid Trump cuts, Uber kicks off campaign to enroll drivers in Obamacare
SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] and some smaller technology companies are launching campaigns to publicize Obamacare enrollment among their contract workers after the Trump administration slashed government marketing for the h…
‘We’re engaged’: Alaska gets China backing for natural gas project
BEIJING (Reuters) – China’s biggest state oil company Sinopec, one of the country’s top banks and its sovereign wealth fund agreed on Thursday to develop a $43 billion natural gas project in Alaska, as the cash-poor U.S. state seeks to revive its dwind…
Boeing signs deal to sell 300 planes worth $37 billion to China
(Reuters) – Boeing Co said it signed an agreement on Thursday to sell 300 planes to China Aviation Supplies Holding Company worth $37 billion at list prices, one of several deals announced during a state visit by U.S. President Donald Trump to Beijing…
British shell companies linked to 52 money laundering scandals
LONDON (Reuters) – British shell companies have been linked to 52 money laundering scandals involving 80 billion pounds ($105 billion) in the past 14 years, according to researchers at campaign group Transparency International.
Chip boom drives Toshiba profit surge; raises questions about future earnings
TOKYO (Reuters) – Japan’s Toshiba Corp reported a 76 percent jump in second-quarter operating profit on Thursday, driven almost entirely by a strong performance from its memory chip unit which it recently agreed to sell for $18 billion.
Global stocks stutter as longest winning run in 14 years looms
LONDON (Reuters) – Another impressive record for world stocks was hanging in the balance on Thursday, as a late blow-out in Japan and a subdued start in Europe threatened to spoil the longest winning streak for MSCI’s global index since 2003.
Subaru plans to expand Japan recall over inspection issue
TOKYO (Reuters) – Automaker Subaru Corp plans to recall about 400,000 vehicles for the Japanese market after discovering that it had been following improper procedures for final inspections at domestic plants, the company said on Thursday.
Brazil soy growers ask court to cancel Monsanto’s Intacta patent
SAO PAULO (Reuters) – Soybean growers in Mato Grosso, Brazil’s largest soy-producing state, have asked a court to cancel Monsanto Co’s Intacta RR2 PRO patent claiming irregularities, including the company’s alleged failure to prove it brings de facto t…
Trump’s $250 billion China ‘miracle’ adds gloss to ‘off-kilter’ trade
BEIJING/SHANGHAI (Reuters) – President Donald Trump can return to the United States claiming to have snagged over $250 billion in deals from his maiden trip to Beijing. Whether those deals live up to the lofty price tag is another question altogether.
Asia stocks stay near highs, though Tokyo slides; dollar slips
TOKYO (Reuters) – Asia stocks stayed closed to a decade-long peak on Thursday following another record-breaking day on Wall Street, though Japan’s Nikkei slid back from a 26-year high in volatile trading, hit by profit-taking.
