A private solution for China’s zombie company problem? Unlikely
HONG KONG (Reuters) – China’s latest push to revive its bloated state-owned sector is set to pick up pace this year, with bankers and investors expecting possible spin-offs and asset sales to follow a key Communist Party Congress in October.
A celebrity listing crashes Japanese exchange’s party
TOKYO (Reuters) – On Japan’s newest exchange, fame can pay off. That may not be so great for investors though.
Uber ready to make concessions to reverse London license decision: paper
LONDON (Reuters) – U.S. taxi firm Uber is prepared to make concessions as it seeks to reverse a decision by London authorities not to renew its license in the city, which represents a potentially big blow for the fast-growing company, a newspaper repor…
Lufthansa offering to pay 200 million euros for Air Berlin: BamS
FRANKFURT (Reuters) – Lufthansa is offering to pay 200 million euros ($239 million) to buy its insolvent smaller rival Air Berlin and is prepared to pay up to 100 million euros to meet operating costs to keep the airline going in the interim, newspap…
NAFTA talks intensify; U.S. seen putting off key demand on autos
OTTAWA (Reuters) – Talks to update the North American Free Trade Agreement intensified on Saturday although U.S. negotiators looked set to once again withhold proposals for one of the Trump administration’s most challenging issues.
NAFTA talks intensify; U.S. set to unveil demands on key issues
OTTAWA (Reuters) – Talks to update the North American Free Trade Agreement looked set to intensify on Saturday as U.S. negotiators prepared for the first time to unveil their demands on some of the Trump administration’s most challenging issues.
Uber, reviving old tactic, is backed by more than 500,000 in London row
SAN FRANCISCO/LONDON (Reuters) – Half a million people have signed an online petition in under 24 hours backing Uber’s bid to stay on the roads of London, showing the company is turning to its tried-and-tested tactic of asking customers for help when …
E.ON CFO defends plan to sell Uniper stake to Fortum: BoeZ
FRANKFURT (Reuters) – German utility E.ON has good reason to try and sell its remaining stake in Uniper, the mainly fossil-fuels based power stations and trading business it spun off last year, to Finland’s Fortum , its chief financial officer Marc Sp…
Half a million sign petition supporting Uber in London
SAN FRANCISCO/LONDON (Reuters) – Half a million people have signed an online petition in under 24 hours backing Uber’s bid to stay on roads of London, showing the company is turning to its tried-and-tested tactic of asking customers for help when it l…
Britain’s minister for London slams ‘blanket ban’ on Uber
LONDON (Reuters) – A British government minister has criticized the London authorities for deciding to strip Uber of its taxi licence, a major setback to the U.S. technology firm that has become a big player in the city’s transport system.
