Dollar inches lower, all eyes on US voting – Reuters

LONDON The dollar inched lower ahead of voting in the U.S. presidential election on Tuesday, a sign of last-minute nerves over the chances of a victory for Donald Trump that traders and analysts say would knock several percent off the greenback’s value. On Monday, markets had turned away from the Trump-driven “risk-off” plays that have […]

Total and Iran sign a preliminary gas deal – state media – Reuters

Total and Iran sign a preliminary gas deal – state media – Reuters

COLUMN-China’s rising coal generation is both a right and wrong step: Russell LAUNCESTON, Australia, Nov 8 China’s future use of polluting coal for electricity shows the difficulty of dealing with news that presents multiple facts, thus allowing some to be highlighted over others. Total and Iran sign a preliminary gas deal – state media – […]

SoftBank second-quarter profit up 6.8 percent on strong domestic telecoms … – Reuters

TOKYO Japan’s SoftBank Group Corp (9984.T) reported on Monday a 6.8 percent rise in operating profit for the July-September quarter, thanks to a strong showing by its domestic telecommunications business. A steady growth in its mainstay domestic business is important for SoftBank, a diverse company with stakes from U.S. carrier Sprint (S.N) to e-commerce giant […]

Dollar jumps after Clinton gets eleventh-hour election boost – Reuters

LONDON The dollar jumped on Monday as news that Hillary Clinton would not face criminal charges related to her use of a private e-mail server gave the U.S. presidential contender an eleventh hour boost before the Nov. 8 election. Clinton has been on the defensive for 10 days since the FBI said it was looking […]

Google Capital is now an investor in Snapchat – CNNMoney

Google Capital is now an investor in Snapchat – CNNMoney

Google’s parent company now owns a piece of Snapchat. Google Capital, one of Alphabet’s two venture capital arms, quietly added Snapchat to its list of investments as part of a brand refresh and website redesign on Friday. No details were provided about the timing, reasoning or size of the Snapchat investment. Winnie King, a spokeswoman […]

China’s Wanda Buys Dick Clark Productions for $1 Billion – ABC News

China’s Dalian Wanda Group has added another entertainment trophy to its stable of overseas acquisitions, paying $1 billion for Dick Clark Productions, the TV company that produces the Golden Globes and the “Miss America” pageant. Wanda is one of China’s most important conglomerates and China’s largest property developer. Its chairman, Wang Jianlin, is China’s richest […]

US employment growth, wages seen picking up in October – Reuters

WASHINGTON U.S. employers likely stepped up hiring in October and boosted wages for workers, which could effectively seal the case for a December interest rate increase from the Federal Reserve. Nonfarm payrolls likely increased by 175,000 jobs last month after rising 156,000 in September, according to a Reuters survey of economists. The unemployment rate is […]

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