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Updated: 43 min 36 sec ago

Exclusive: China Development Bank supervising HNA asset sales - sources

52 min 19 sec ago
China Development Bank (CDB) is leading a team to supervise HNA Group's asset disposals as the heavily indebted conglomerate scales back operations to a point that will leave it holding only core assets, people familiar with the situation said.

Thyssenkrupp proposes former Bayer finance chief as CFO

56 min 31 sec ago
Thyssenkrupp said on Friday it would propose former Bayer finance chief Johannes Dietsch as its chief financial officer, continuing to fill numerous vacant jobs that have been left unfilled following months of crisis.

Thyssenkrupp appoints Walker as new boss of elevator unit

57 min 14 sec ago
Industrials conglomerate Thyssenkrupp on Friday appointed Peter Walker as the new chief executive of its prized elevators unit, the group said.

Nissan files claim against Ghosn's sister in Brazil court

1 hour 35 min ago
Nissan Motor Co has filed a court claim against Carlos Ghosn's sister that references alleged "unjust enrichment", escalating a battle being waged in Brazilian courts between the car maker and its once-celebrated former chairman.

Explainer: Ex-Nissan chief Ghosn affair raises issues beyond one man, one company

1 hour 42 min ago
How big should executive pay packets be? How widespread is lax corporate governance in Japan? And what's the future of the alliance between Nissan and France's Renault?

LVMH to buy Belmond luxury hotel group for $3.2 billion

1 hour 57 min ago
French luxury behemoth Louis Vuitton Moet Hennessy Friday said it agreed to buy luxury hotel group Belmond in a deal valuing the company at $3.2 billion.

Airbus names Mhun as next programs chief

2 hours 2 min ago
Airbus on Friday named services boss Philippe Mhun as its next head of programs, succeeding defense and commercial aerospace veteran Didier Evrard who is scheduled to retire.

Asian shares jolted by grim Chinese data, growth risks

2 hours 29 min ago
Asian shares tumbled on Friday after China reported a set of weak data, fanning fresh worries of a slowdown in the world's second-biggest economy and leaving investors fretting over the wider impact of a yet unresolved Sino-U.S. trade dispute.

Deutsche Telekom reviews vendors in light of China security debate

2 hours 51 min ago
Deutsche Telekom, Europe's largest telecoms company, said on Friday it was reviewing its network vendor strategy in light of a debate on the security of Chinese network equipment that it was taking "very seriously".

Scale of theft at Shell's Singapore refinery much greater, court documents show

3 hours 4 min ago
Around $150 millions' worth of oil was stolen from Shell's biggest global refinery over several years, Singapore court documents reviewed by Reuters show, far more than reported when police first revealed the heist earlier this year.

Apple to push software update in China as Qualcomm case threatens sales ban

3 hours 13 min ago
Apple Inc, facing a court ban in China on some of its iPhone models over alleged infringement of Qualcomm Inc patents, said on Friday it will push software updates to users in a bid to resolve potential issues.

Ahead of China anniversary, trade war fans calls for faster market reforms

3 hours 17 min ago
China's trade war with the United States is spurring some Chinese entrepreneurs, government advisers and think-tanks to call for faster reforms in the world's second-largest economy and the freeing of a private sector stifled by state controls.

Nissan board unlikely to select new chairman on Monday: source

Thu, 12/13/2018 - 11:53pm
Nissan Motor Co's board is unlikely to select a chairman to succeed Carlos Ghosn as had been expected on Dec. 17 after a panel tasked to choose a candidate did not agree on a nominee in a meeting held Thursday, a source said.

Apple China says it will push software update in bid to resolve Qualcomm case

Thu, 12/13/2018 - 11:14pm
Apple Inc, facing a court ban in China on some of its iPhone models over alleged infringement of Qualcomm Inc patents, said on Friday it will push software updates to users in a bid to resolve potential issues.

Asian shares jolted by weak Chinese data, growth risks

Thu, 12/13/2018 - 9:57pm
Asian shares tumbled on Friday after China reported a set of weak data, fanning fresh worries of a sharp slowdown in the world's second-biggest economy and leaving investors fretting over the wider impact of a yet unresolved Sino-U.S. trade dispute.

Japan's business mood, capex steady but outlook sours: BOJ tankan

Thu, 12/13/2018 - 9:17pm
Japanese business confidence and capital expenditure plans held steady from three months ago, a closely-watched central bank survey showed, a sign companies weren't significantly worried about escalating trade frictions and global growth concerns.

Japan business mood steady but outlook sours: BOJ tankan

Thu, 12/13/2018 - 8:01pm
Confidence among Japan's big firms remained unchanged from three months ago, a closely-watched central bank survey showed, but sentiment on the outlook soured for the first time in three quarters as trade frictions and global growth concerns hurt the business mood.

Nissan board may fail to select new chairman on Monday: Nikkei

Thu, 12/13/2018 - 7:56pm
Nissan Motor Co's board may fail to select a chairman to succeed Carlos Ghosn as had been planned on Dec. 17 after a panel tasked to choose a candidate was unable to agree on a nominee in a meeting held Thursday, the Nikkei reported.

New York sues Target, Walmart over lead-contaminated toys

Thu, 12/13/2018 - 7:52pm
Target Corp , Walmart Inc and toy importer LaRose Industries were sued on Thursday over the sale of lead-contaminated children's toys, New York Attorney General Barbara Underwood said.

Asian shares wobbly, euro steady after ECB ends QE

Thu, 12/13/2018 - 7:47pm
Asian shares were on the defensive on Friday as investors kept a wary eye on economic tensions between Washington and Beijing while the euro was steady after the European Central Bank halted new bond purchases as expected.

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