VW’s Skoda Auto committed to Czech Republic, plans to add jobs: Skoda CEO
PRAGUE (Reuters) – Volkswagen’s Czech carmaker Skoda Auto plans to add jobs in the Czech Republic and remains committed to the country, Skoda’s Chief Executive Bernhard Maier told reporters on Wednesday amid worries the Czechs could lose some productio…
Asian shares hit decade highs, dollar struggles at two-week trough
SYDNEY (Reuters) – Asian shares jumped to the highest in a decade on Wednesday as Wall Street scaled all-time highs, while the dollar loitered around two-week lows on worries President Donald Trump’s tax plan could stall.
Asian shares hit decade highs, Catalan fears ease
SYDNEY (Reuters) – Asian shares jumped to the highest in a decade on Wednesday as Wall Street scaled all-time highs, while the dollar loitered around two-week lows on worries President Donald Trump’s tax plan could stall.
Kobe Steel shares plunge as data fabrication concerns deepen
TOKYO (Reuters) – Kobe Steel Ltd shares tumbled a further 16 percent on Wednesday after it admitted it may have fabricated data on iron powder products and media reported the possible sale of its real estate business.
Ackman reaches out to ADP retail investors, softens image
BOSTON (Reuters) – Billionaire investor William Ackman took his fight for board seats at Automatic Data Processing Inc to retail investors on Tuesday in an unusually public format where he detailed his successes and failures and urged all to cast their…
Asian shares gain as Wall Street hits record, Catalan fears ease
SYDNEY (Reuters) – Asian shares rose on Wednesday, tracking Wall Street’s rally to all-time highs, while the euro hovered near a 10-day peak after Catalonia’s leader talked down immediate plans to secede from Spain, easing near-term concerns about euro…
Peltz’s Procter & Gamble defeat could be more humbling than harmful
(Reuters) – Nelson Peltz put his activist hedge fund credentials on the line to win a board seat at Procter & Gamble Co, only to be narrowly defeated, according to a preliminary shareholder vote count. Yet he stands to lose more face than he does money.
Looser rules unlikely to boost U.S. company listings: FTSE Russell CEO
WASHINGTON (Reuters) – U.S. policy proposals to cut red tape for public companies are unlikely to boost listings while borrowing rates continue to be low and could increase risks for investors, the chief executive of FTSE Russell, the world’s largest i…
Wal-Mart sees 40 percent online sales growth next year, shares rise
(Reuters) – Wal-Mart Stores Inc on Tuesday forecast a 40 percent rise in U.S. online sales next year as it ramps up competition with Amazon.com Inc , boosting shares of world’s biggest brick-and-mortar retailer to the highest in more than two years.
Exclusive: Symantec CEO says source code reviews pose unacceptable risk
WASHINGTON (Reuters) – U.S.-based cyber firm Symantec is no longer allowing governments to review the source code of its software because of fears the agreements would compromise the security of its products, Symantec Chief Executive Greg Clark said i…
