Sunday, 17 February 2019

Charlie Munger targets active managers, Elon Musk; praises China

Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc, on Thursday criticized active fund managers, bankers and even Elon Musk...

Explainer: What’s at stake in U.S.-China trade talks

WASHINGTON U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin are in Beijing this week as Chinese and American negotiators try to hammer...

U.S. negotiating multibillion-dollar fine with Facebook: report

WASHINGTON The U.S. government and Facebook Inc are negotiating a settlement over the company’s privacy lapses that could require the online social network to pay...

Dollar weaker as signs of trade progress take shine off safe-havens

SINGAPORE The dollar edged lower against its peers on Wednesday, as rising expectations of a breakthrough in the trade impasse between United States and China...

Fashion startup Zilingo raises $226 million from Singapore’s Temasek, others

SINGAPORE Southeast Asian fashion startup Zilingo said it has raised $226 million in its latest funding round from existing backers such as venture capital firm...

Oil edges up amid OPEC cuts, U.S. sanctions on Iran and Venezuela

SINGAPORE Oil prices edged up on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although surging U.S. production and concerns over...

Oil prices dip on rising U.S. rig count

SINGAPORE Crude prices dipped early on Monday in Asia as U.S. drilling activity picked up and as Russia’s biggest oil producer pressured President Vladimir Putin...

Asian shares in tight range ahead of U.S.-China trade talks

SYDNEY Asian shares started the week on the backfoot on Monday as worries about global growth, U.S. politics and the ongoing Sino-U.S. tariff war kept...

Asia stocks fall on renewed anxiety over trade, growth risks

TOKYO Asian stocks lost ground on Friday as investors worried about a broadening global economic slowdown, with sentiment not helped by the absence of...

Breakingviews – Apple departure points to wider mystery

NEW YORK The surprise departure of Apple’s retail chief, Angela Ahrendts, leaves two questions. Why did she leave? And had she done a good job?...

ABC and parks boost Disney profit above forecasts

Walt Disney Co reported quarterly earnings on Tuesday that handily topped Wall Street estimates thanks to a booming theme park business and growth at...

U.S. House Democrats want Apple to answer questions on FaceTime flaw

WASHINGTON Two key U.S. House of Representatives Democrats on Tuesday asked Apple Inc Chief Executive Tim Cook, to answer questions about a privacy flaw in...
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