US

Asia stocks edge up on optimism over global growth, dollar soft

Asia stocks edge up on optimism over global growth, dollar soft

Published 26/06/2017

FILE PHOTO: Passersby walk past in front of stock quotation board outside a brokerage in Tokyo, Japan, September 29, 2015. REUTERS/Issei Kato

Asian shares edged up on Monday on optimism for global growth, while the dollar was on the defensive as a subdued U.S. inflation outlook capped U.S. bond yields and raised questions about the Federal Reserve's plans to tighten policy.

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Oil rises one percent on weaker dollar, but U.S. drilling drags

Oil rises one percent on weaker dollar, but U.S. drilling drags

Published 26/06/2017

An oil rig drilling a well at sunrise, owned by Parsley Energy Inc. near Midland, Texas, U.S., May 3, 2017. Picture taken May 3, 2017. REUTERS/Ernest Scheyder

Oil prices rose 1 percent early on Monday on a weaker dollar, but an increase in U.S. drilling activity stoked worries that a global supply glut will persist despite an OPEC-led effort to curb output.

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Intesa sees closure of 600 branches, exit of 3,900 staff in Veneto banks deal

Intesa sees closure of 600 branches, exit of 3,900 staff in Veneto banks deal

Published 26/06/2017

FILE PHOTO: Intesa Sanpaolo bank logo is seen at the headquarters during shareholders' meeting in Turin, Italy, April 27, 2017. REUTERS/Giorgio Perottino/File Photo

Intesa Sanpaolo (ISP.MI) said on Monday its planned acquisition of the good assets of Banca Popolare di Vicenza and Veneto Banca could lead to the closure of around 600 branches and the departure, on a voluntary basis, of around 3,900 staff.

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China court hands jail terms to Australians in Crown Resorts trial

China court hands jail terms to Australians in Crown Resorts trial

Published 26/06/2017

The logo of Australian casino giant Crown Resorts Ltd adorns the hotel and casino complex in Melbourne, Australia, June 13, 2017. REUTERS/Jason Reed

A Chinese court handed short jail terms to three Australian employees of Crown Resorts Ltd (CWN.AX) in a quick-fire trial following a lengthy probe into how the firm lured Chinese high-rollers to its casinos.

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Australia`s Crown says fined by Chinese court over gaming offences

Australia`s Crown says fined by Chinese court over gaming offences

Published 26/06/2017

Australia's Crown Resorts Ltd (CWN.AX) said on Monday that 16 of its employees were fined a total of A$1.67 million ($1.27 million) by a Chinese court for breaching the country's gaming marketing laws.

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Northern Irish DUP leader in London, hopes to finalize deal with PM May

Northern Irish DUP leader in London, hopes to finalize deal with PM May

Published 26/06/2017

Leader of the Democratic Unionist Party (DUP), Arlene Foster speaks to media outside Government buildings in Dublin, Ireland June 16, 2017. REUTERS/Clodagh Kilcoyne

The leader of Northern Ireland's Democratic Unionist Party (DUP), Arlene Foster, has returned to London and hopes to finalize a deal to prop up British Prime Minister Theresa May's government, she told Sky News on Monday.

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Australian banks warn surprise taxes scaring away investors

Australian banks warn surprise taxes scaring away investors

Published 26/06/2017

FILE PHOTO: The logo of the Commonwealth Bank of Australia (CBA) is displayed outside a branch in Sydney, Australia, March 21, 2016. REUTERS/David Gray/File Photo

Surprise taxes levied on Australia's banking sector are frightening off potential foreign investors by creating a less stable business environment, two of the country's major banks warned.

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Facebook in talks to produce original TV-quality shows: WSJ

Facebook in talks to produce original TV-quality shows: WSJ

Published 26/06/2017

The logo of the social network Facebook is seen on a beach during the Cannes Lions Festival in Cannes, France, June 21, 2017. REUTERS/Eric Gaillard

Facebook Inc is in talks with Hollywood studios about producing scripted, TV-quality shows, with an aim of launching original programming by late summer, the Wall Street Journal reported on Sunday.

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Short of IT workers at home, Israeli startups recruit elsewhere

Short of IT workers at home, Israeli startups recruit elsewhere

Published 26/06/2017

FILE PHOTO: Employees work at website-designer firm Wix.com offices in Tel Aviv, Israel July 4, 2016. REUTERS/Baz Ratner/File Photo

When Alexey Chalimov founded software design firm Eastern Peak in Israel four years ago he knew he would not find the developers he needed at home.

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Investing with `green` ratings? It`s a gray area

Investing with `green` ratings? It`s a gray area

Published 26/06/2017

The New York Stock Exchange is seen from the steps of Federal Hall behind a Statue of former U.S. President George Washington in New York City, U.S., May 17, 2017. REUTERS/Brendan McDermid

Investors betting trillions on ethically-appealing stocks may not be getting all they expect.

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