Asia shares try to bounce, China looms large
By Wayne ColeSYDNEY (Reuters) - Asian shares bounced on Monday, though investors feared fireworks as Chinese markets reopen after the long Lunar holidays to find there had been a major reversal in the...
View ArticleBrent edges down, pares Friday's jump of over 10 percent
TOKYO (Reuters) - Brent and U.S. crude futures edged down on Monday, paring gains from a more than 10-percent jump at the end of last week that came amid renewed talk that OPEC might finally agree to...
View ArticleJapan economy shrinks more than expected, adds to fears of global slowdown
By Leika Kihara and Tetsushi KajimotoTOKYO (Reuters) - Japan's economy contracted an annualized 1.4 percent in the final quarter of last year as consumer spending slumped, adding to headaches for...
View ArticleChina shares resume with losses, yuan fixed at month-high
SHANGHAI (Reuters) - Chinese shares started lower on Monday as trading resumed after the long Lunar Holiday break and investors caught up with wild swings in global markets, while Beijing took another...
View ArticleApp-only bank Mondo is valued at £30 million in an oversubscribed £6 million...
Aspiring app-only bank Mondo has been valued at £30 million in a £6 million funding round, despite the fact that it has yet to fully launch to the public or secure a banking licence.Mondo has raised £5...
View ArticleHong Kong's BEA rejects activist investor Elliott's demand for bank sale
HONG KONG (Reuters) - Bank of East Asia Ltd <0023.HK>, a family-run Hong Kong lender, rejected a call by activist investor Elliott Management Corp to put the bank up for sale, saying the...
View ArticleThe 10 most important things in the world right now
Good morning! Here's what you need to know on Monday.1. Chinese shares started lower on Monday as trading resumed after the long Lunar Holiday break and investors caught up with wild swings in global...
View Article10 things you need to know before European markets open
Good morning! Here's what you need to know.Japan soared. At the close, the Nikkei 225 was at 16,022.58, up 1069.97 points or 7.16%.The surge made up some of the 13% loss of last week when Japan was...
View ArticleStress and the City: Britain's bank workers buckle under pressure
By Sinead Cruise and Anjuli DaviesLONDON (Reuters) - Dwindling job security, heavier workloads, regulatory upheaval and the poor public image of the banking sector are taking a toll on the mental...
View ArticleSoftBank to purchase up to $4.4 billion of own shares, its biggest buyback
TOKYO (Reuters) - Japanese telecoms conglomerate SoftBank Group <9984.T> said on Monday it will purchase up to 500 billion yen ($4.4 billion) worth or as much as 14.2 percent of its own shares,...
View ArticleElliott says won't tender Ansaldo STS stake in Hitachi bid
MILAN (Reuters) - U.S. investment fund Elliott said on Monday it still considers Hitachi's revised offer to buy out minority shareholders in Italian train signaling group Ansaldo STS too low and does...
View ArticleEurope's markets are flying
European stock markets are jumping on Monday, after huge gains in Japan.All of Europe's biggest bourses are trading in the green at the start, with the UK's FTSE up almost 2%.The buoyant mood follows...
View ArticleRussia: Better Iran-Saudi Arabia ties would help oil prices - RIA
MOSCOW (Reuters) - Russia wants to see improved relations between Iran and Saudi Arabia at a time when joint action is needed to influence global oil prices, the RIA news agency on Monday quoted Zamir...
View ArticleBoeing sees new aircraft demand worth $550 billion in Southeast Asia over 20...
By Siva GovindasamySINGAPORE (Reuters) - Southeast Asia requires 3,750 new aircraft worth $550 billion in 20 years from 2015, a senior Boeing executive told a press conference ahead of the Singapore...
View ArticleShell pursues transition plan after sealing $53 billion BG deal
By Ron BoussoLONDON (Reuters) - Royal Dutch Shell on Monday sealed the $53 billion (36 billion pounds) acquisition of British rival BG Group to form the world's top liquefied natural gas company, even...
View ArticleHere are the similarities between 2016 and the 2008 financial crisis
2016 has a been a jittery, volatile year so far for markets. The trouble began with circuit-breaker halts in Chinese stock markets and continued with a bank rout in Europe.George Soros, one of the...
View Article'Brexit' could lead to HSBC moving 1,000 jobs to Paris: Sky
HONG KONG (Reuters) - HSBC Holdings <0005.HK> could move around 1,000 employees from London to Paris in the event that Britain votes to leave the European Union, the bank's Chief Executive Stuart...
View ArticleRobots will steal your job: How AI could increase unemployment and inequality
The future is supposed to be a glorious place where robot butlers cater to our every need and the four-hour work day is a reality.But the true picture could be much bleaker.Top computer scientists in...
View ArticleEU regulators to examine lawmakers' report on IKEA taxes
BRUSSELS - European Union state aid regulators will examine a report by a group of EU lawmakers accusing Swedish furniture retailer IKEA [IKEA.UL] of avoiding paying at least 1 billion euros ($1.1...
View ArticleThe company that found oil at Gatwick just pumped 'significant' amounts for...
UK Oil and Gas Investments (UKOG), the small company which last year made one of the biggest onshore oil discoveries in British history, has finally struck oil, and its shares are going absolutely...
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