SoftBank says WeWork Japan can become profitable ‘in near future’
WeWork’s Japan unit can become profitable “in the near future”, the Japanese partner of the U.S. office-space sharing startup said on Tuesday, amid investor scepticism...
At Smithfield Foods’ slaughterhouse, China brings home U.S. bacon
Smithfield Foods’ slaughterhouse in Virginia used to carve up pork for American sandwiches and holiday dinners. But workers now box up pig carcasses to ship...
Oil edges lower after gains driven by trade optimism
Oil prices steadied on Tuesday as investors kept an eye on U.S. inventory data due later in the day, following two days of gains on...
Rakuten sees $947 million loss from Lyft investment in latest quarter
Japan’s Rakuten Inc said on Tuesday it expects to take a 103 billion yen ($947 million) loss in the latest quarter on its investment in...
Asian shares race to six-month high on hopes of tariff relief
Asian shares vaulted to six-month highs on Tuesday, surpassing their July peaks, as hopes that Washington may roll back some of the tariffs it has...
Samsung says to shut down U.S. CPU research division
Samsung Electronics Co Ltd said on Tuesday it will shut down a CPU research division at one of its U.S. facilities, a move that analysts...
Oil steadies after gains driven by trade optimism
Oil prices steadied on Tuesday as investors kept an eye on U.S. inventory data due later, following two days of gains on positive economic data...
Asian shares near July peak as optimism grows on trade, economy
Asian shares approached their July peak on Tuesday on signs the United States and China are inching closer to a truce in their trade war...
Resurgent Boeing 737 MAX could trigger jet surplus, analyst warns
Airlines struggling to cope with the grounding of the 737 MAX could face a markedly different problem when Boeing Co’s best-selling jet is cleared to...
Boeing’s MAX likely to return to European service in first-quarter: regulator
Boeing’s grounded 737 MAX airliner is likely to return to service in Europe during the first quarter of 2020, the head of the European Union...