Business
-
Oil slipped further below $57 barrel
Feb 6, 2017News Hour: Oil slipped further below $57 barrel on Monday as a stronger dollar and ample U.S. supplies outweighed OPEC output curbs and rising tensions between the United States and Iran. The dollar fell 0.3 percent... -
UniCredit begins share selling in attempt to raise $14 billion to rebuild capital
Feb 6, 2017News Hour: UniCredit began Italy’s biggest corporate share sale on Monday in an attempt to raise 13 billion euros ($14 billion) to rebuild the bank’s capital after a balance sheet clean-up Banks in Italy have been struggling... -
Hasbro Inc bucked the glum holiday-quarter trend
Feb 6, 2017News Hour: Hasbro Inc, the No. 2 U.S. toymaker, bucked the glum holiday-quarter trend, as it reported better-than-expected quarterly revenue and profit, helped by strong demand for Disney princess dolls and board games. The toymaker’s shares... -
Electrolux to buy Anova to accelerate its development of connected devices for kitchens and homes
Feb 6, 2017News Hour: Swedish home appliance maker Electrolux said on Monday it was buying precision cooker maker Anova in the United States as it looks to accelerate its development of connected devices for kitchens and homes. Home... -
Toyota and Suzuki plan to trade expertise in parts supplies and R&D
Feb 6, 2017News Hour: Toyota Motor Corp and Suzuki Motor Corp said on Monday they plan to trade expertise in parts supplies and R&D, in an agreement that will aid expansion in emerging markets and help them cope... -
Samsung Group to disband its corporate strategy office after a special prosecution probe ends
Feb 6, 2017News Hour: Samsung Group said it will disband its corporate strategy office after a special prosecution probe ends, setting a timeline on a pledge to wind up a power center that has been criticized for its... -
Klarna to buy online payment company BillPay
Feb 6, 2017News Hour: Swedish payments firm Klarna, one of Europe’s most highly valued tech startups, said on Monday it is buying German online payment company BillPay, reports Reuters. “Germany is one of the largest e-commerce markets in... -
Australia forced the sale of more than Aus$100 million worth of residential property bought illegally by foreigners
Feb 6, 2017News Hour: Australia has forced the sale of more than Aus$100 million (US$76 million) worth of residential property bought illegally by foreigners since it introduced a robust investment regime, the government said on Monday. Canberra established... -
DHL launches CILLOX in Bangladesh
Feb 6, 2017News Hour: DHL, the express, transport and logistics specialist within Deutsche Post DHL Group accelerates the digitalization of the logistics industry with the market launch of CILLOX. The online marketplace connects shippers and transport providers on... -
Israel to allow to export of medical marijuana
Feb 5, 2017News Hour: An Israeli government committee gave an initial nod on Sunday for the export of medical marijuana in what could be a windfall for companies in Israel, widely regarded as a leader in research in...
