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Global Financial News Articles

World Financial News

Volkswagen to invest $27 billion in core brand until 2022
Posted on Saturday November 18, 2017

FRANKFURT (Reuters) - Volkswagen will invest 22.8 billion euros ($26.9 billion) in its main car brand over the next five years, it said on Saturday, a day after

Exclusive: Qualcomm set to win conditional Japanese antitrust okay for NXP deal - source
Posted on Sunday November 19, 2017

BRUSSELS (Reuters) - U.S. smartphone chipmaker Qualcomm is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for NXP Semiconductors and gain Europe’s approval by the end

Buyers circle suddenly attractive U.S. media companies
Posted on Saturday November 18, 2017

WASHINGTON (Reuters) - All of a sudden, it seems, everybody wants to own a U.S. media company.

Despite Amazon, brick stores are not dead yet
Posted on Saturday November 18, 2017

NEW YORK (Reuters) - Just in time for the Black Friday kick-off to holiday season shopping, stock market investors have been handed tools to bet on the decline of brick-and-mortar

Honda recalling 900,000 minivans because seats may tip forward
Posted on Saturday November 18, 2017

WASHINGTON (Reuters) - Honda Motor Co said on Saturday that it was recalling about 900,000 minivans because second-row seats may tip forward if not properly latched after being adjusted.

Asia Financial News

Toutiao, a Chinese news app that’s making headlines
Posted on Thursday November 16, 2017

WHEN rumours swirled in August that Baidu, a Chinese online-search giant, was buying Toutiao, the scrappy news-aggregation platform reportedly quipped in response that reports had mistaken the buyer for the

Timelier provisions may make banks’ profits and lending choppier
Posted on Thursday November 16, 2017

IN THE first quarter of 2018 thousands of banks will look a little less profitable. A new international accounting standard, IFRS 9, will oblige lenders in more than 120 countries,

ABP, a Dutch pension giant, is more admired abroad than at home
Posted on Thursday November 16, 2017

EUROPE’S largest pension fund, a scheme for Dutch public-sector workers called ABP, is much feted abroad for its efforts in “sustainable” investing. At home, however, where it provides pensions to

What annual reports say, or do not, about competition
Posted on Thursday November 16, 2017

What explains the remarkable strength of corporate profits and the sluggish growth of real wages in recent years? One explanation is that industries are getting less competitive. Work by The

The rules on allocating take-off and landing slots favour incumbents
Posted on Thursday November 16, 2017

LAST year nearly 3.7bn passengers took to the sky on commercial jets. Few would have given much thought to exactly why their flight was scheduled at the time it