Asian shares slip as investors await Fed meeting for rate clues
TOKYO (Reuters) – Asian shares slipped on Tuesday, hobbled by uncertainty as traders awaited a Federal Reserve meeting for clues on U.S. monetary policy, though sentiment was supported by record highs on Wall Street.
Activist builds 15.1 percent Clariant stake, fights Huntsman deal
ZURICH (Reuters) – The activist investor fighting Clariant’s planned $20 billion merger with Huntsman Corp has built a 15.1 percent stake in the Swiss chemical maker, making it the company’s biggest shareholder.
Toyota president says will continue to make variety of vehicle types
TOKYO (Reuters) – Toyota Motor Corp President Akio Toyoda on Tuesday said his company would continue to make a variety of vehicle types available to customers, even as tighter global regulations are prompting automakers to develop more electric vehicl…
Austrian minister says Airbus settlement still possible in lawsuit
VIENNA (Reuters) – Austria’s defense minister said on Tuesday he stands by his legal complaint against Airbus about allegations of fraud over a $2 billion fighter deal but still considers an eventual out-of-court settlement an option.
Alibaba-backed logistics firm Best slashes proposed U.S. IPO: IFR
HONG KONG (Reuters) – Chinese logistics firm Best Inc, backed by Alibaba Group Holding Ltd , cut the size of a proposed U.S. initial public offering (IPO) after receiving tepid investor response to its preliminary valuation, IFR reported on Tuesday cit…
Asian shares waver as investors await Fed meeting for rate clues
TOKYO (Reuters) – Asian shares slipped on Tuesday, supported by record highs on Wall Street but hobbled by uncertainty as traders awaited a Federal Reserve meeting for clues on U.S. monetary policy.
Toys ‘R’ Us files for bankruptcy protection
(Reuters) – Toys ‘R’ Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection on Monday, the latest sign of turmoil in the retail industry caught in a viselike grip of online shopping and discount chains.
Creditors back CBS’s bid for Australia’s Ten Network
SYDNEY (Reuters) – Creditors of Australia’s embattled Ten Network Holdings Ltd on Tuesday agreed to a A$209.7 million ($167 million) buyout from CBS Corp , effectively ending a battle for control between the U.S. broadcasting giant and Lachlan Murdoch…
Asian shares wobble as investors await Fed meeting for rate clues
TOKYO (Reuters) – Asian shares wavered on Tuesday, bolstered by record highs on Wall Street but hobbled by uncertainty as traders waited on a Federal Reserve meeting for clues on U.S. monetary policy.
CBS raises bid for Australia’s Ten Network
SYDNEY (Reuters) – CBS Corp has sweetened its bid for Australian broadcaster Ten Network Holdings Ltd , ahead of a key creditors’ vote later on Tuesday on the future of the company.
