NEW YORK (Reuters) – General Electric Co shareholders offered their latest endorsement of new Chief Executive Larry Culp this week when they approved a 2018 pay package worth $15 million. But perhaps the more notable endorsement of Culp’s efforts to turn around the fortunes of the 127-year-old conglomerate has come from a more skeptical crowd: […]

NEW YORK (Reuters) – Wall Street’s main indexes fell on Thursday ahead of critical trade negotiations between the United States and China, though they pared losses significantly after U.S. President Donald Trump said reaching a deal this week was possible. U.S. stocks had fallen more than 1% earlier in the session but recovered much of […]

(Reuters) – Wall Street fell more than 1 percent on Thursday, as tensions heated up ahead of a make-or-break U.S.-China trade meeting, which could lead to a prolonged dispute that would threaten global financial markets and economic growth. U.S. President Donald Trump vowed not to back down on imposing new tariffs unless Beijing “stops cheating […]

OMAHA, Neb. (Reuters) – The chief executive of International Dairy Queen Inc is counting on the 79-year-old brand, owned by Warren Buffett’s Berkshire Hathaway Inc, to adapt to changing consumer tastes rather than latch onto the latest fad, while ensuring that rising labor and food costs don’t squelch its franchisees. Troy Bader, who became chief […]

MYTAXI has announced that they will introduce a new €5 cancellation fee for customers next month. The popular e-hailing taxi app – which currently operates in Dublin, Galway and Limerick – revealed today that from late June customers who book a taxi and cancel it two minutes later when their driver is en route will […]

NEW YORK (Reuters) – U.S. stocks edged higher on Wednesday, on track to snap this week’s streak of losses as investors clung to hopeful notes within the latest developments in U.S.-China trade relations ahead of a crucial round of negotiations. Wall Street’s major indexes reversed course from their early decline after White House spokeswoman Sarah […]

Liam Fox has told Sky News the US trade war with China risks wider “consequences” and should be settled at the World Trade Organisation (WTO). Speaking to Ian King Live, the International Trade Secretary said that while he understood the frustrations felt by the Trump administration, including intellectual property theft, a rules-based system governing world […]

SINGAPORE – Nasdaq-listed Chinese fintech solutions provider Pintec Technology has opened an international headquarters (HQ) in Singapore to further expand its global business. It also has plans to set up a research and development centre in the city state to develop cutting-edge technologies for the international markets. Pintec’s president Zhou Jing said at the opening […]

WASHINGTON/BEIJING (Reuters) – Chinese Vice Premier Liu He will travel to Washington for two days of trade talks this week, China said on Tuesday, setting up a last-ditch bid for a deal that would avoid a sharp increase in tariffs on Chinese goods ordered by U.S. President Donald Trump. U.S. officials have accused China of […]

When executives at Rudin Management Company started looking for an operating system in 2009 to help them manage their building portfolio, the market for property technology was still in its infancy, and they came up empty-handed. A decade later, “proptech” is a hot buzzword in commercial real estate, as developers and investors seek an edge […]