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Global Financial News Articles

World Financial News

Investors find little appetite for consumer staples
Posted on Saturday May 26, 2018

(Reuters) - The consumer staples index , the S&P 500's biggest laggard for 2018, could have further to fall and may even look less appealing as a defensive play in

Exclusive: Tesla flies in new battery production line for Gigafactory
Posted on Saturday May 26, 2018

FRANKFURT/SAN FRANCISCO (Reuters) - Tesla Inc has flown six planes full of robots and equipment from Europe to California in an unusual, high-stakes effort to speed up battery production for

T-Mobile says ex-Trump campaign manager advising on Sprint merger
Posted on Saturday May 26, 2018

WASHINGTON (Reuters) - T-Mobile US said it is getting advice on its proposed $26 billion merger with Sprint Corp from a lobbying firm whose staff includes several members of President

U.S. reaches deal to keep China's ZTE in business: congressional aide
Posted on Saturday May 26, 2018

WASHINGTON (Reuters) - The Trump administration told lawmakers the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business after it pays a

U.S. jury fails to reach verdict in latest J&J talc trial
Posted on Saturday May 26, 2018

NEW YORK (Reuters) - A South Carolina jury on Friday could not agree on a verdict in a case of a woman whose family said her long-term use of Johnson

Asia Financial News

American firms reveal the gulf between bosses’ and workers’ pay
Posted on Thursday May 24, 2018

HOW much should company bosses be paid relative to their employees? It depends who you ask. Plato argued that the richest members of society should earn no more than four

As Tesla’s share price falls, it becomes an inviting takeover target
Posted on Thursday May 24, 2018

A RECENT tweet from Elon Musk, the boss of Tesla, an electric-car firm, shows footage of a Model X undergoing rollover testing. The SUV is propelled rapidly sideways on a

Labour laws in 104 countries reserve some jobs for men only
Posted on Thursday May 24, 2018

EVEN as rich countries seek to rid workplaces of subtle gender bias, in many developing ones discrimination remains overt. According to the World Bank, women are barred from certain jobs

How kidnapping insurance keeps a lid on ransom inflation
Posted on Thursday May 24, 2018

IN THE early 1970s, leftist guerrillas in Argentina discovered a lucrative new way to make money: kidnap millionaires. Panicking firms would agree to huge ransoms, more concerned with freeing their

Dear oil helps some emerging economies and harms others
Posted on Thursday May 24, 2018

When they are not fretting about the American dollar or Chinese debt, policymakers in emerging economies keep a close eye on the oil market. The price of Brent crude has