TOKYO: The British pound fell from its highest level in almost five months versus the US dollar on Wednesday (Oct 16) as investors started to question their optimism about Britain's negotiations to leave the European Union. Sterling also pulled back from its highest in five months against the euro ...
Asian shares took off on Wednesday and sterling held near six-month highs as Britain and the EU made headway on a Brexit deal ahead of a leaders' summit though it remained unclear if London could avoid postponing its scheduled departure on Oct. 31.
Japanese hotel operator Unizo Holdings said on Wednesday it had not decided how to respond to a tender offer launched by private equity firm Blackstone Group and would consult with a special committee on how to proceed.
A 23-year-old law giving technology companies legal protection from lawsuits over user-generated content remains critical to the internet's future, Alphabet Inc's Google unit and social media site Reddit Inc said in testimony released on Tuesday.
MGM Resorts International said on Tuesday it would sell its Bellagio and Circus Circus resorts in Las Vegas in separate deals valued at about US$5 billion, as the casino operator adopts an asset-light strategy to bolster its balance sheet.
Italian loss-making airline Alitalia won a commitment from toll-road operator Atlantia and state railways Ferrovie dello Stato (FS) on Tuesday to come to its rescue provided a number of conditions were met.
NEW YORK: Large US banks reported mixed quarterly results on Tuesday (Oct 15), challenged by a shifting interest rate landscape and uncertainty about global trade but bolstered in some cases by strong consumer activity. The biggest US bank by assets, JPMorgan Chase, scored higher profits due to ...
SANTIAGO: APEC finance ministers expressed "moderate optimism" on Tuesday (Oct 15) that the United States and China will end their trade war and sign an agreement during the forum's summit in Santiago next month. For the last 18 months the world's two largest economies have been embroiled in a...
Nevada gaming regulators are seeking a ban on former Wynn Resorts Ltd chief Steve Wynn from the state's casino industry, citing allegations of sexual misconduct that emerged a year ago, a regulatory filling showed.
MGM Resorts International said on Tuesday it would sell its Bellagio and Circus Circus resorts in Las Vegas in separate deals valued at about US$5 billion, as the casino operator adopts an asset-light strategy to bolster its balance sheet.
