[ad_1] ISTANBUL (Reuters) – A run on the lira proved a pivotal moment for Turkey’s financial markets in 2018, prompting action from Ankara that has tilted the economy inward and frightened off foreign investors. FILE
Malaysia January palm oil stockpiles seen falling to lowest in over two years
[ad_1] KUALA LUMPUR (Reuters) – Malaysian palm oil inventories likely tumbled to its lowest since June 2017, as dry weather and lower fertiliser usage in the second largest palm producer early last year suppressed output
ABB fourth-quarter profit beats expectations, sees some headwinds
[ad_1] A man takes pictures of the logo of Swiss power technology and automation group ABB ahead of a news conference to present the company’s full year results, in Zurich, Switzerland, February 8, 2018. REUTERS/Moritz
U.S. to review new curbs on Huawei, China in Feb meeting – sources
[ad_1] WASHINGTON (Reuters) – The Trump administration plans to meet this month to discuss further curbing technology exports to China and its flagship telecoms company Huawei, two sources said, in a bid to resolve differences
Intercontinental Exchange says it explored deal with eBay
[ad_1] (Reuters) – Intercontinental Exchange Inc (ICE) (ICE.N), the owner of the New York Stock Exchange, said on Tuesday it had approached e-commerce company eBay Inc (EBAY.O) to explore “a range of potential opportunities”. The
Tesla rally fuelled by fear of missing out, not short squeeze – investors
[ad_1] NEW YORK (Reuters) – A nearly 14% gain in Tesla Inc’s (TSLA.O) stock on Tuesday was likely sparked by investors looking to hop aboard its remarkable rally, rather than a reversal of bearish bets,
Baby Yoda powers Disney streaming subscriptions to fast start
[ad_1] (Reuters) – Walt Disney Co’s new streaming service Disney+ reached 28.6 million paying subscribers this week, the company said on Tuesday as it reported quarterly earnings that beat Wall Street forecasts. Shares of Disney
UK to consult on decriminalising BBC licence fee evasion
[ad_1] LONDON (Reuters) – The British government will ask the public whether the non-payment of the 154.50-pound annual BBC licence fee on television-watching households should stop being a criminal offence, as crunch funding talks with
Snap misses quarterly revenue estimates, shares sink
[ad_1] (Reuters) – Snap Inc (SNAP.N) missed Wall Street estimates for fourth quarter revenue on Tuesday as it faced tough competition from digital advertising giants Google and Facebook, sending its shares down 10%. FILE PHOTO:
Nike warns of financial impact from coronavirus outbreak
[ad_1] FILE PHOTO: The logo of Nike is seen in a storefront in Sao Paulo, Brazil, May 28, 2015. REUTERS/Paulo Whitaker (Reuters) – Nike Inc (NKE.N) said on Tuesday the coronavirus outbreak in China would