Chicago Tribune Valeant to sell skin-care brands to L'OrealMarketWatchValeant Pharmaceuticals International Inc. reached deals to sell $2.1 billion in assets, the struggling drug company's biggest moves yet to refocus around its consumer offerings and pare its heavy debt load. The Canadian company agreed to sell three …Valeant to pay down $5 billion in 18 months to […]
CNNMoney Trump should fire CFPB Director Richard Cordray: GOPGant DailyOne of President-elect Donald Trump's first acts in the White House should be firing Consumer Financial Protection Bureau Director Richard Cordray, a pair of Republican Senators argued in a letter on Monday night. The lawmakers believe the CFPB, which …The shifting landscape of consumer financial regulationThe Hill […]
Washington Post Watch the Pentagon's new hive-mind-controlled drone swarm in actionWashington PostIn what will probably be considered a step forward for autonomous military technology, the Pentagon said in a statement Monday that it had successfully demonstrated “one of the world's largest micro-drone swarms” over China Lake, Calif., in October.US military tests swarm of mini-drones launched […]
Daily Mail Marissa Mayer to resign and Yahoo to change its name to Altaba if Verizon takeover gets go aheadDaily MailYahoo has revealed it plans to change its name to Altaba, while beleaguered boss Marissa Mayer will leave, if the firm is bought by Verizon. The SEC filing has revealed the firm's plans – despite […]
USA TODAY Asian shares follow Wall Street higher on US jobs reportUSA TODAYHONG KONG – Major Asian stock indexes nudged higher Monday while the dollar rebounded as a U.S. job report showed strong wage gains, giving more ammunition to U.S. policymakers planning further rate rises. KEEPING SCORE: Hong Kong's …Hong Kong stocks retreat at midday close […]
Reuters China forex, rates stabilize after volatile week; strains lingerReutersA sign for foreign currency exchange is seen at a branch of the ICBC bank in Beijing, China, January 3, 2017. REUTERS/Thomas Peter. By Saikat Chatterjee | HONG KONG. HONG KONG The Chinese yuan stabilized in offshore markets on Monday and its …Offshore Yuan Falls for Second […]
New York Times DealBook|McDonald's China Operations to Be Sold to Locally Led ConsortiumNew York TimesA McDonald's in Yichang, China. McDonald's operates and franchises more than 2,400 restaurants in mainland China and more than 240 in Hong Kong. Credit Imaginechina, via Associated Press. HONG KONG — McDonald's said on Monday that it would …McDonald's sells China business […]
Bloomberg Kuwait Says Saudi Arabia to U.A.E. Comply With OPEC Output CutsBloombergOil producers from Saudi Arabia to the United Arab Emirates are complying with production cuts promised last year to stabilize the market, Kuwait's governor to the Organization of Petroleum Exporting Countries said. Qatar, Kuwait and Oman are also …Oil prices start the week lower after […]
Reuters Asian stocks cut gains as caution grows; dollar eyedReutersA panel displays global stock indexes at the Hong Kong Exchanges in Hong Kong, China December 5, 2016. REUTERS/Bobby Yip. By Saikat Chatterjee | HONG KONG. HONG KONG Asian stocks cut early gains as investor caution grew before a news …Southeast Asia's Stock Rally May Weather Any […]
Reuters Fiat Chrysler ups the ante as automakers respond to TrumpReutersA Chrysler Warren Truck Assembly sign is seen in front of the Fiat Chrysler Automobiles (FCA) plant in Warren, Michigan October 7, 2015. REUTERS/Rebecca Cook. By Bernie Woodall and David Shepardson | DETROIT. DETROIT Fiat Chrysler Automobiles …Fiat Chrysler to build 3 new Jeeps, create 2000 […]