Business News
As Trump prepares for visit to Asia and China's Xi, U.S. increasingly finds itself behind a wall
Forbes - 23 Oct 2017 00:16
As Donald Trump prepares for his first trip to Asia as president early next month, including a meeting in Beijing with Chinese President Xi Jinping, it's worth looking at the wall that he has built around the United Stat...
The yen is at a three-month low after Abe's win, while the euro struggles
Business Insider - 23 Oct 2017 01:03
Kent Nishimura/Getty Images Japan's currency hit a three-month low on Monday following a win for Prime Minister Shinzo Abe's government. The US dollar was a major beneficiary. Meanwhile, a constitutional crisis in Spain ...
Saudi Aramco's IPO is on track for 2018, CEO says
Business Insider - 23 Oct 2017 12:53
REUTERS/Hamad I Mohammed Saudi Aramco's initial public offering remains on track to take place in 2018,CEO Amin Nasser told CNBC on Monday. Nasser's comments come following a Reuters report out last week suggestingthe IP...
Subway scrambles to understand plunge in sales
New York Post - 23 Oct 2017 04:27
For decades, the Subway sandwich chain was among the hottest restaurants in the world. Its healthier-than-burgers menu, wallet-friendly $5 footlongs and go-anywhere store concept helped it grow from a small regional play...
Tillerson Warns Europe Against Iran Investments
The New York Times - 23 Oct 2017 03:03
With the U.S. considering reimposing sanctions on Tehran, companies do business with it "at great risk," the secretary of state said.
Ford Mustang revs up excitement for 2018
USA Today - 23 Oct 2017 20:25Byron Wien Measures China's Tech Success
Barron's - 23 Oct 2017 19:03
The country has a quarter of world's "unicorns." And three companies represent 16% of global digital advertising sales.
Gambling adverts 'in 95% of matches'
BBC - 23 Oct 2017 02:00
One in five TV adverts during football matches are for gambling, says the Victoria Derbyshire show.
AT&T extends Time Warner merger deadline
New York Post - 23 Oct 2017 16:20
AT&T on Monday said it had extended by a "short period" the deadline to close its proposed deal to acquire Time Warner. The telecom giant said it took the move "to facilitate obtaining final regulatory approval required ...
Ask Three Questions Before You Jump Into That Hot ICO
Forbes - 23 Oct 2017 12:005 Ways A Saudi Aramco IPO Could Play Out
Forbes - 23 Oct 2017 04:08
Amidst much speculation here are 5 forecasts for a Saudi sale of Aramco shares.
Where Internet Orders Mean Real Jobs, and New Life for Communities
The New York Times - 23 Oct 2017 02:38
Vast warehouses are being built, fueling a demand for lower-skilled workers and reviving areas that once relied on manufacturing.
New Zealand dollar is slumping with the coalition of Labour and NZ First parties
Business Insider - 23 Oct 2017 01:05
Currencymuseum.net The NZDUSD is under a huge amount of pressure overnight after New Zealand has finally formed a government andcenter-leftLabour party leader Jacinda Ardern is going to be the new Prime Minister. This wa...
Wells Fargo woes go on; United seeks better card deal
American Banker - 23 Oct 2017 16:43
Bank fires four forex traders, while the OCC slams its auto lending practices; United wants to renegotiate its co-branded credit card agreement with JPM.
Meijer, Whole Foods, others recall packaged vegetables on listeria concerns
USA Today - 23 Oct 2017 16:30
Recalls stem from Mann Packing finding a single positive result found in one product during random sampling in Canada.
WeWork Bets People Will Skip College, and Acquires Coding Bootcamp Flatiron School
inc - 23 Oct 2017 16:27
With its acquisition of Flatiron School, WeWork expands from real estate into education
Cisco to acquire cloud communications company Broadsoft for $1.9 billion
Venture Beat - 23 Oct 2017 16:23
Networking giant Cisco has announced plans to pay out $1.9 billion to acquire Broadsoft, a Maryland-based cloud communications company that creates software for PBX systems, team collaboration, and other related enterpri...
Shares in UK's biggest car dealer Pendragon fall by 17%
The Guardian - 23 Oct 2017 16:19
Brexit uncertainty and air pollution plans hit cars sales as company says decline will continue into 2018 Shares in the UK's biggest car dealer have plunged by 17% after a surprise profit warning which also raised new fe...
China: Where natural gas market could boom next
USA Today - 23 Oct 2017 16:05
In the coming 20-30 years, China is expected to be the leading determinant in global natural gas demand, outpacing the U.S. as the biggest natural gas consumer.
Call to tax unoccupied homes with stamp duty and council tax review
BBC - 23 Oct 2017 16:05
A call is made for new taxes on the empty homes that are owned by super-rich investors.
Arqiva IPO to be UK's largest flotation so far this year
The Guardian - 23 Oct 2017 16:05
TV, radio and mobile phone mast company which carried first BBC television broadcast expected to be valued at £6bn by listing Arqiva, the owner of TV, radio and mobile phone masts across Britain, is to float with a proj...
A newly identified third type of diabetes is being wrongly diagnosed as type 2
Business Insider - 23 Oct 2017 21:30
Thomson Reuters A new type of diabetes has been identified: type 3c. Type 3c is caused by pancreas damage as a result of inflammation, tumors, or surgery. A study shows that many doctors have been classifying Type 3c as ...