TOKYO (Reuters) – Japan’s promised economic stimulus must be big enough to exceed the economy’s output gap of about 15…
Red Bull owner Dietrich Mateschitz dies aged 78
(Reuters) – Dietrich Mateschitz, the Austrian billionaire founder and owner of energy drink company Red Bull, died on Saturday at…
BoE’s Mann: bond purchases for stability were targeted and temporary
LONDON (Reuters) – Bank of England policymaker Catherine Mann said on Saturday that bond purchases by the central bank in…
Chile’s Entel to sell fiber optic assets for $358 million
SANTIAGO (Reuters) – Chilean telecoms giant Entel said on Saturday it would sell the assets of its fiber optic business,…
Netflix opens ‘immersive’ store for fans of popular shows
LOS ANGELES (Reuters) – Streaming giant Netflix has opened a Los Angeles store that it hopes will combine retail therapy…
Brazilian court allows Paper Excellence to conclude acquisition of Eldorado
By Tatiana Bautzer SAO PAULO (Reuters) – Pulp maker Paper Excellence has obtained a court decision allowing completion of its…
Motor racing-Formula One and Walt Disney extend ESPN deal until 2025
AUSTIN, Texas (Reuters) – Liberty Media-owned Formula One and the Walt Disney Company announced an extension of their broadcast partnership…
Nasdaq halts IPOs of small Chinese companies as it probes stock rallies
By Echo Wang NEW YORK (Reuters) – Nasdaq Inc has put the brakes on initial public offering (IPO) preparations of…
Toymaker Mattel agrees to pay $3.5 million to settle SEC charges
By Chris Prentice WASHINGTON (Reuters) -California-based Toymaker Mattel Inc has agreed to pay $3.5 million to settle U.S. Securities and…
China central bank head likely to step down amid reshuffle – sources
By Kevin Yao and Xie Yu BEIJING/HONG KONG (Reuters) – China’s central bank chief Yi Gang is likely to step…