[ad_1] SoftBank has ample funds to endure the pain from its massive bailout of WeWork, analysts said, even as it is reportedly set to write down at least $5 billion (£3.9 billion) due to a
China’s ICBC, world’s largest bank, sees best third-quarter profit rise in five years
[ad_1] A man walks past a branch of Industrial and Commercial Bank of China (ICBC) in Beijing, China April 1, 2019. REUTERS/Florence Lo/Files BEIJING/SHANGHAI (Reuters) – Industrial and Commercial Bank of China (ICBC) (601398.SS), (1398.HK),
Renault looks for new partners, third quarter revenue falls
[ad_1] PARIS (Reuters) – French carmaker Renault (RENA.PA) is on the hunt for new partners to buy its cars and components as it reported a fall in quarterly revenue and pushed ahead on a strategic
Barclays cautions on profit targets despite third-quarter trading boost
[ad_1] LONDON (Reuters) – Britain’s Barclays (BARC.L) said a worsening global economic outlook means it may be hard to meet its profit targets, despite reporting better-than-expected results at its under-pressure investment bank in the third
Client wins help WPP return to quarterly net sales growth
[ad_1] A logo hangs on the wall outside the WPP offices in London, Britain April 30, 2018. REUTERS/Simon Dawson LONDON (Reuters) – WPP (WPP.L) reported a return to quarterly organic sales growth on Friday for
Japan’s Sept. factory output seen rising, retail sales to jump: Reuters poll
[ad_1] TOKYO (Reuters) – There was likely to have been a rebound in Japan’s factory output and a jump in retail sales in September, a Reuters poll showed, but the outlook remained clouded by weak
China to ask U.S. to remove tariffs in exchange for agricultural buys in Friday talks – sources
[ad_1] WASHINGTON (Reuters) – Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products, but in return, Beijing will request cancellation of some planned and existing
Yanlord makes fresh bid for Singapore’s United Engineers, values it at $1.2 billion
[ad_1] (Reuters) – China-based property developer Yanlord Land Group (YNLG.SI) is making a second attempt to take over Singapore’s United Engineers Ltd (UTES.SI), in a deal that values the real estate firm at S$1.66 billion
Gold hits two-week high as weak U.S. data boosts rate-cut bets
[ad_1] (Reuters) – Gold rose to a fresh two-week high on Friday, as weak U.S. economic data spurred expectations for another interest rate cut by the Federal Reserve later this month. FILE PHOTO: Gold bars
Oil retreats after three-day rally on renewed demand, economic growth concerns
[ad_1] TOKYO (Reuters) – Oil prices stepped back on Friday after three straight days of gains, hurt by renewed concerns about fuel demand in light of gloomy economic growth forecasts. FILE PHOTO: The sun sets