Company News

Drilling ship leaves Vietnam oil block after China row

Drilling ship leaves Vietnam oil block after China row

Published 14/08/2017

The drilling ship at the center of a row between Vietnam and China over oil prospecting in disputed waters in the South China Sea has arrived in waters off the Malaysian port of Labuan, shipping data in Thomson Reuters Eikon showed on Monday. [more…]

China a sweet spot for U.S. companies’ earnings in second-quarter

China a sweet spot for U.S. companies’ earnings in second-quarter

Published 14/08/2017

Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. [more…]

William Demant may make over-the-counter hearing aids if U.S. demand develops

William Demant may make over-the-counter hearing aids if U.S. demand develops

Published 14/08/2017

William Demant, the world's largest producer of hearing aids, said it could start producing cheaper over-the-counter hearing devices for the U.S. market if demand rises sharply once new legislation comes into effect. [more…]

Banks lead relief rally for European stocks, fundamentals back in focus

Banks lead relief rally for European stocks, fundamentals back in focus

Published 14/08/2017

European shares rose on Monday after geopolitical tension had sent them to their worst weekly losses of the year. [more…]

Egypt`s Beltone Financial to launch $1 billion fixed income fund: CEO

Egypt`s Beltone Financial to launch $1 billion fixed income fund: CEO

Published 14/08/2017

Egypt's Beltone Financial will launch a $1 billion investment fund in fixed income instruments in September, its chief executive officer told Reuters on Monday. [more…]

Trump`s NAFTA autos goals to collide with industry as talks start

Trump`s NAFTA autos goals to collide with industry as talks start

Published 14/08/2017

The Trump administration has set a collision course with the auto industry as it launches renegotiations of the 23-year-old NAFTA trade pact this week, aiming to shrink a growing trade deficit with Mexico and tighten the rules of origin for cars and parts. [more…]

China`s Fosun, Shanghai Pharma say bid for stake in U.S. drugmaker Arbor

China`s Fosun, Shanghai Pharma say bid for stake in U.S. drugmaker Arbor

Published 14/08/2017

A unit of China's Fosun Group and Shanghai Pharmaceuticals Holding Co (601607.SS) are among bidders for a stake in U.S. speciality drugmaker Arbor Pharmaceuticals LLC, the companies said on Monday. [more…]

Aldi enters grocery delivery in partnership with Instacart

Aldi enters grocery delivery in partnership with Instacart

Published 14/08/2017

German grocery chain Aldi Inc [ALDIEI.UL] said on Sunday it has partnered with Instacart Inc to deliver groceries in three U.S. cities, a move that comes amid intense competition and disruption in the industry. [more…]

GoDaddy boots white supremacist web site after offensive post

GoDaddy boots white supremacist web site after offensive post

Published 14/08/2017

The web hosting company GoDaddy said on Sunday it had given The Daily Stormer 24 hours to move its domain to another provider after the extremist web site posted an article denigrating the woman who was killed at a white nationalist rally in Virginia. [more…]

Hackers release more HBO episode shows: report

Hackers release more HBO episode shows: report

Published 14/08/2017

Hackers have released more unaired episodes of popular HBO shows but the latest leak did not include anything on the hit series "Game of Thrones," the Associated Press reported on Sunday. [more…]