(Reuters) – E-commerce giant Alibaba Group Holding Ltd’s quarterly revenue grew at its weakest pace in three years, as the impact of a slowing China and a crippling Sino-U.S. trade war kept buyers away during its top-sale season. Alibaba, the second most valuable public company in Asia after Tencent, posted third-quarter revenue of 117.28 billion […]
NEW DELHI/LOS ANGELES (Reuters) – U.S.-based electronic cigarette company Juul Labs Inc is hoping to launch its products in India by late 2019, a person familiar with the strategy told Reuters, marking one of its boldest bets to expand away from its home turf. After recruiting Uber India executive Rachit Ranjan as a senior public […]
TOKYO (Reuters) – Asian equities steadied on Wednesday as investors awaited Federal Reserve policy guidance and the outcome of high level trade talks between the United States and China, while drawing relief from Apple Inc’s earnings. Spread-betters expect London’s FTSE and Paris’s CAC to respectively rise 0.4 percent and 0.1 percent when they open, while […]
TOKYO (Reuters) – Asian equities steadied on Wednesday as investors awaited Federal Reserve policy guidance and the outcome of high level trade talks between the United States and China, while drawing relief from Apple Inc’s earnings. Spread-betters expect London’s FTSE and Paris’s CAC to respectively rise 0.4 percent and 0.1 percent when they open, while […]
CHICAGO (Reuters) – A new vaccine for the dengue virus is taking a potentially risky road to prevent the mosquito-borne disease that infects nearly 400 million people each year. Takeda Pharmaceutical Co Ltd plans to seek approval for the experimental vaccine first in countries where the virus is endemic, rather than starting with the United […]
SINGAPORE – NTUC Income has appointed executive vice-president and general manager of its Life & Health business Andrew Yeo as its next chief executive officer (CEO), the Singapore insurer announced on Wednesday (Jan 30). Mr Yeo will assume his new role on June 1. He takes over from Mr Ken Ng, who has been leading NTUC Income since […]
One more time, remind me what the backstop is? The backstop is a mechanism by which a hard Border on the island of Ireland can be avoided after Brexit. It ties the UK to EU customs regulations “unless and until” an alternative solution is hammered out during the negotiations on a future trade agreement between […]
WASHINGTON (Reuters) – The United States and China launch a critical round of trade talks on Wednesday amid deep differences over U.S. demands for structural economic reforms from Beijing that will make it difficult to reach a deal before a March 2 U.S. tariff hike. The two sides will meet next door to the White […]
TOKYO (Reuters) – Asian equities steadied on Wednesday as investors awaited Federal Reserve policy guidance and the outcome of high level trade talks between the United States and China, while drawing relief from Apple Inc’s earnings. Sterling smarted from the previous day’s sharp fall as British lawmakers rejected most amendments that sought to avoid Britain […]
Ryanair has completed its acquisition of low-cost Austrian carrier Laudamotion. It signalled last year that it planned to take full control of the airline, which was created from the ashes of the Niki carrier that collapsed in 2017 along with its parent, Air Berlin. Formula 1 legend Niki Lauda gazumped Aer Lingus owner IAG and […]