FILE PHOTO: Korean Air Lines Chairman Cho Yang-ho arrives to testify at the second court hearing of his daughter Cho Hyun-ah, also known as Heather Cho, at the Seoul Western District court in Seoul January 30, 2015. REUTERS/Kim Hong-Ji/File Photo October 16, 2017 SEOUL (Reuters) – South Korean police are […]
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Food services firm Aramark to buy Avendra, AmeriPride in $2.35 billion deal
A Aramark company logo is seen at a facility in San Diego, California December 11, 2013. REUTERS/Mike Blake October 16, 2017 (Reuters) – Food services company Aramark <ARMK.N> said on Monday it would buy Avendra LLC, majority owned by Marriott International Inc <MAR.O>, and uniform and linen supplier AmeriPride Services […]
Euro on defensive on political worries, tame inflation dents dollar
FILE PHOTO: Euro and Dollar banknotes are seen in a picture illustration taken October 19, 2016. REUTERS/Leonhard Foeger/File Photo October 16, 2017 By Hideyuki Sano TOKYO (Reuters) – The euro was on the defensive early on Monday after Austria’s election and on concerns over Catalonia’s confrontation with Madrid, though the […]
China September producer prices jump most in six months in boost for global inflation
FILE PHOTO: A night view of the old houses surrounded by new apartment buildings at Guangfuli neighbourhood in Shanghai, China, April 10, 2016. I REUTERS/Aly Song/File Photo October 16, 2017 BEIJING (Reuters) – China’s producer price inflation unexpectedly accelerated to a six-month high in September as a construction boom shows […]
Kobe Steel shares tumble to near five-year low as cheating crisis deepens
Kobe Steel President and CEO Hiroya Kawasaki bows during a news conference in Tokyo, Japan October 13, 2017. REUTERS/Kim Kyung-Hoon October 16, 2017 TOKYO (Reuters) – Shares of embattled Kobe Steel Ltd tumbled to their lowest level in nearly 5 years on Monday, as a cheating scandal at the Japanese […]
China’s economy expected to grow 7 percent in second half of this year: PBOC governor
Labourers work at a construction site in Beijing’s central business area, China October 14, 2017. REUTERS/Jason Lee October 16, 2017 SHANGHAI (Reuters) – China’s economy is expected to grow 7 percent in the second half of this year, the country’s central bank governor said, according to a statement published on […]
Asian shares conquer new peaks, oil up on Iraq tensions
People walk past an electronic stock quotation board outside a brokerage in Tokyo, Japan, September 22, 2017. REUTERS/Toru Hanai October 16, 2017 By Swati Pandey SYDNEY (Reuters) – Asian shares advanced to new highs on Monday following Wall Street’s lead, while U.S. oil futures jumped to hover near a six-month […]
Oil prices jump on fear of new U.S. sanctions against Iran
Flames are seen coming from a burn off valve at the American Refining Group, Inc., (ARG) the oldest continuously operated refinery in the United States founded in 1881, in Bradford, Pennsylvania, U.S. October 6, 2017. REUTERS/Brendan McDermid October 16, 2017 By Henning Gloystein SINGAPORE (Reuters) – Oil markets opened up […]
Iraqi forces take control of ‘vast areas’ in Kirkuk region: state TV
Kurdish Peshmerga fighters ride in a vehicule in the Southwest of Kirkuk, Iraq October 13, 2017. REUTERS/Ako Rasheed October 15, 2017 BAGHDAD (Reuters) – Iraqi forces took control of “vast areas” in the oil-rich region of Kirkuk without opposition from Kurdish Peshmerga, state TV said on Monday. The announcement came […]
Top UK businesses’ Brexit worries ease slightly: Deloitte
People walk through the financial district of Canary Wharf, London, Britain 28 September 2017. REUTERS/Afolabi Sotunde October 15, 2017 LONDON (Reuters) – The Brexit worries of some of Britain’s biggest businesses have eased slightly over the past three months and optimism is up from a low struck after June’s unexpected […]