Exclusive: Ride-hailing firm Grab plans major investment in Vietnam – top executive
Singapore-based ride-hailing firm Grab is set to invest “several hundred million dollars” in Vietnam where the company sees its next major growth market, just weeks...
Asia shares shaken, yen jumps on China-U.S. trade jitters
Asian shares seemed set for a turbulent start on Monday as the latest salvo in the U.S.-China trade war shook confidence in the world economy...
Disney to launch 25 stores inside Target nationwide on October 4
Walt Disney Co and Target Corp announced a collaboration on Sunday that will open 25 Disney stores inside select Target locations nationwide on Oct. 4,...
Exclusive: Third Point builds stake in Ray-Ban maker EssilorLuxottica – sources
Third Point LLC, the U.S. hedge fund that has pushed for changes at companies ranging from Nestle SA to Campbell Soup Co , has amassed...
Pimco sticks to Danish mortgage-backed covered bonds as returns plunge: Bloomberg
Pacific Investment Management Co is one of the investors embracing Danish mortgage-backed covered bonds, even as negative interest rates mean investors face built-in losses on...
Tesla scouting sites for possible factory in Germany’s NRW: Rheinische Post
Electric carmaker Tesla is scouting out locations for a possible factory in the German state of North Rhine-Westphalia (NRW), Germany’s most populous state, daily Rheinische...
No ready spark seen for lagging U.S. energy shares
There may be little relief on the horizon for investors in U.S. energy companies, whose shares moved from darlings to dismal performers during Wall Street’s...
Britain’s Cuadrilla says ‘micro seismic event’ occurred at fracking site near Blackpool
British shale gas company Cuadrilla Resources said a tremor measuring 2.1 ML on the Richter scale was recorded at the company’s shale gas exploration site...
Fed’s Mester sees downside risk from escalating trade war
Cleveland Federal Reserve President Loretta Mester said on Saturday she sees “big downside risk” from rising trade uncertainty, and will be watching how businesses and...
UK PM Johnson to tell Trump to de-escalate trade tensions
British Prime Minister Boris Johnson said he would be telling President Donald Trump at this weekend’s G7 summit to pull back from a trade war...