PayPal, MasterCard reach deal for store payments
(Reuters) – MasterCard Inc said on Tuesday it had expanded its deal with payment processor PayPal Holdings Inc, which would allow customers to use PayPal’s payment services in stores.
Hanjin Shipping parent raising funds to unload stranded cargo
SEOUL (Reuters) – Hanjin Shipping Co’s parent firm plans to raise 100 billion won ($90 million) to fund the unloading of billions of dollars worth of cargo aboard vessels stranded around the world in the wake of its court receivership filing last week…
Emerging market bulls push stocks higher
LONDON (Reuters) – World shares closed in on one-year highs on Tuesday as the prospect of prolonged cheap borrowing costs and a recent rise in oil prices set off a new emerging market bull run.
Western Europe monthly car sales rise 8.1 percent in August: LMC
FRANKFURT (Reuters) – Car sales in Western Europe rose 8.1 percent in August, thanks to buoyant demand in Italy, Spain, France and Germany, forecasters LMC Automotive said.
G20 a success for China, but hard issues kicked down the road
BEIJING (Reuters) – China is lauding its successful hosting of the G20 summit in scenic Hangzhou, with open confrontation largely avoided and broad consensus reached over the fragile state of the global economy and the need for a wide range of policies…
Laptops and cool tops: a strong year for U.S. back-to-school shopping
(Reuters) – Along with the perennial run on leggings, students returning to America’s classrooms this year are making a beeline for retro sneakers, “cold-shoulder” tops, versatile laptops and USB drives.
Obama seeks to convince Asian partners that Washington will approve TPP
HANGZHOU, China (Reuters) – U.S. President Barack Obama said on Monday that U.S. trading partners in Asia did not need to be persuaded of the benefits of the Trans-Pacific Partnership, just that Washington would eventually approve the trade pact.
Brazil’s Taurus confirms suspect 2013 arms deal destined for Yemen
SAO PAULO (Reuters) – Brazilian gun maker Forjas Taurus SA confirmed on Monday a Reuters report regarding the sale of guns to a known Yemeni arms trafficker who funneled them into his country’s civil war in violation of international sanctions.
Saudi Arabia, Russia sign oil pact, may limit output in future
HANGZHOU, China (Reuters) – Saudi Arabia and Russia agreed on Monday to cooperate in world oil markets, saying they will not act immediately but could limit output in the future, sending prices higher on hopes the two top oil producers would work toget…
Oil pares gains after Saudi, Russia sign pact
LONDON (Reuters) – Crude oil futures pared gains on Monday after top producers Russia and Saudi Arabia confirmed they had agreed to cooperate on stabilizing the oil market, including limiting output.
