(Reuters) – Volume woes at U.S. railroad operators are set to spill into next year as labor shortages continue to…
Russia’s Sistema buys $256 million stake in Melon Fashion Group after scrapped IPO
MOSCOW (Reuters) -Russian telecoms-to-healthcare conglomerate Sistema agreed a $256 million deal for a stake in Melon Fashion Group on Wednesday,…
Marketmind: Earnings vs Rates
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan. Market tension is building…
Netflix targets global TV ad market as next business to disrupt
By Dawn Chmielewski and Lisa Richwine (Reuters) – Netflix Inc upended the global entertainment industry about a dozen years ago…
U.S. retailers fill store shelves with leftover holiday inventory
By Arriana McLymore and Doyinsola Oladipo NEW YORK, NY (Reuters) – The Ghost of Christmas Past haunts U.S. store shelves,…
Financial services firm TIAA faces academic backlash over energy holdings
By Ross Kerber (Reuters) – Climate-minded academics called on a United Nations-backed group to sanction financial services firm TIAA unless…
UK fund managers suffer asset declines on shaky markets
By Sinchita Mitra and Yadarisa Shabong (Reuters) – A quartet of British fund managers said assets under management (AUM) dropped…
Kakao’s co-CEO steps down amid public anger over chat app outage
By Joyce Lee SEOUL (Reuters) – Kakao Corp’s co-CEO Namkoong Whon resigned on Wednesday as South Korea’s largest mobile chat…
Taiwan and U.S. tensions with China pose ‘serious’ challenges for chip industry – TSMC
By Sarah Wu HSINCHU, Taiwan (Reuters) – Rising Taiwan-China and U.S.-China tensions have brought “more serious” challenges for the semiconductor…
Netherlands to pull out of treaty protecting energy investments
AMSTERDAM (Reuters) – The Netherlands will follow Spain in pulling out of the Energy Charter Treaty protecting investments in the…