Asia stocks hit decade-high on global equity surge, dollar sags
TOKYO (Reuters) – Asian stocks were near a decade high on Thursday, riding the bull run in global equity markets, while the dollar sagged after the Federal Reserve showed a guarded view towards inflation.
General Motors checking impact of Kobe Steel data cheating
DETROIT/TOKYO (Reuters) – General Motors is checking whether its cars contain falsely certified parts or components sourced from Japan’s Kobe Steel <5406.T, the latest major automaker to be dragged into the cheating scandal.
Facebook pushes ad overhaul before 2018 U.S. election: executive
SAN JOSE, Calif. (Reuters) – Facebook Inc has begun overhauling how it handles political ads on its platform and may put some changes in place before U.S. elections next year, Facebook’s chief technology officer said on Wednesday.
Asia stocks near decade-high on global equity surge, dollar sags
TOKYO (Reuters) – Asian stocks were near a decade high on Thursday, riding the bull run in global equity markets, while the dollar sagged after the Federal Reserve showed a guarded view towards inflation.
Viacom warns of disruption as negotiations with Charter stall
(Reuters) – Viacom Inc said on Wednesday that Charter Communications subscribers may lose access to its channels such as MTV, Comedy Central and Nickelodeonon as the expiration looms for a distribution deal between the companies.
GE stock hits 4-year low as analysts debate possibility of dividend cut
NEW YORK (Reuters) – Concern among investors that General Electric Co may not generate enough cash this year to fully cover its dividend and other promised spending sent its stock to its lowest level in more than four years on Wednesday.
Toyota plans to halve Japan car models by 2025: source
TOKYO (Reuters) – Toyota Motor Corp is planning to halve the number of cars it sells in Japan to about 30 by 2025 as it consolidates its portfolio in the shrinking market to focus on more popular models, a source briefed on the matter told Reuters on …
General Motors checking impact of Kobe Steel data cheating: Kyodo
TOKYO (Reuters) – General Motors [GM.N] is checking whether its cars contain falsely certified parts or components sourced from Japan’s Kobe Steel , Kyodo News reported on Thursday, the latest major automaker to be dragged into the cheating scandal.
UBS to hire fewer trainees, spend more on them, to satisfy clients
NEW YORK (Reuters) – UBS Group AG will hire fewer trainees in 2018 but spend two to three times more on teaching them to be financial advisers, a senior executive said, in the latest sign of industry efforts to satisfy wealthier clients and grapple wi…
CSX customers demand end to shipping bottlenecks as CEO apologizes
(Reuters) – The head of No. 3 U.S. railroad CSX Corp promised on Wednesday to improve service as companies like Cargill Inc [CARG.UL] demanded greater accountability and fewer delays, criticizing an overhaul CSX launched six months ago.
