HONG KONG (Reuters Breakingviews) - There’s more than one Australian bar tale about hitting rock bottom – and then starting to dig. The struggles of wealth manager AMP, which effectively put up a “For Sale” sign this week, is destined to become a case study on th
U.S. wireless carrier Verizon Communications Inc and Amazon.com Inc may invest more than $4 billion for a stake in India's Vodafone Idea Ltd, the Mint newspaper reported on Thursday, sending shares in the struggling Indian telecom firm up 10%.
(RTTNews) - Ford Motor plans to cut about 1,400 U.S. salaried jobs by year end as part of an $11 billion global restructuring plan that was started two years ago, according to reports citing the company's memo sent to employees.
Asian equities started strong on Thursday as a sustained recovery in China's services sector and the prospect of additional U.S. stimulus whetted risk appetite, while the dollar pared gains.
South Korean shares were set to gain for a third straight session on Thursday, following Wall Street's overnight rally, boosted by Samsung Electronics after U.S. firm Nvidia said the company would manufacture a series of powerful gaming chips.
(RTTNews) - United Airlines plans to furlough 16,370 employees in October, due to continuing losses caused by the coronavirus pandemic and collapse in air travel, according to reports citing the company's memo sent to employees.
In this installment of Industry Focus: Financials, host Jason Moser and Fool.com contributor Matt Frankel, CFP, wish a very happy 90th birthday to Warren Buffett and share some of the greatest lessons learned from him over the years. Then, Frankel discusses why recent IPO Lemona
(RTTNews) - Positive global cues may help Indian shares open higher on Thursday. In the backdrop of rising tensions between India and China on the Line of Actual Control (LAC), the Ministry of Information & Technology on Wednesday banned 118 more mobile applications, includi
The Bank of Japan must take bolder monetary easing steps to fight the heightening risk of deflation, board member Goushi Kataoka said on Thursday, warning of a darkening outlook for consumption and capital expenditure from the pandemic.
(RTTNews) - The Thai stock market on Wednesday wrote a finish to the three-day losing streak in which it had dropped more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just above the 1,315-point plateau and it's expected to open higher again on Thursday.
New Zealand cricket coach Gary Stead said one of the things that made him want to stay on in the role until after the 2023 World Cup, to be held in India, was the depth of talent the country had developed across all three formats of the game.
Oil prices were little changed in early trade on Thursday, sitting near multi-week lows hit overnight on worries about fuel demand due to a patchy U.S. economic recovery.
(RTTNews) - The Hong Kong stock market has alternated between positive and negative finishes through the last seven trading days since the end of the two-day winning streak in which it had jumped more than 750 points or 3 percent. The Hang Seng Index now rests just above the 25,
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