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October 18, 2019
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Reuters - Business

Asian shares erase gains after weak China GDP, pound pulls back

Reuters
SHANGHAI (Reuters) – Asian stocks stumbled on Friday after China posted its weakest growth in nearly three decades, countering a global lift in sentiment on the UK and European Union striking a long-awaited Brexit deal. FILE PHOTO: A man looks on in front of an electronic board showing stock information...
Reuters - Business

Asian stocks track Brexit deal cheer but China caution prevails

Reuters
SHANGHAI (Reuters) – Asian stocks edged higher on Friday, tracking the global lift in sentiment after the UK and the European Union struck a long-awaited Brexit deal, but concern about the Chinese economy is likely to cap gains with data expected to show weaker growth. Passersby are reflected on a...
Reuters - Business

Stocks, sterling rise on long-awaited Brexit deal

Reuters
LONDON/NEW YORK (Reuters) – A deal on Britain’s departure agreed with the European Union sent sterling to a five-month high on Thursday and hoisted European stocks to a year-and-a-half peak before doubts about UK parliamentary support hauled them back. FILE PHOTO: Traders work on the floor at the New York...
Reuters - Business

Exclusive: WeWork owner creates committee to decide on financing lifeline – sources

Reuters
NEW YORK (Reuters) – WeWork owner, The We Company, has formed a special board committee to consider proposals for a $5 billion financing lifeline from its largest shareholder SoftBank Group Corp (9984.T) and its main lender JPMorgan Chase & Co (JPM.N), four people familiar with the matter said on Wednesday....
Reuters - Business

U.S., Chinese teams working on Phase 1 trade deal text: Mnuchin

Reuters
U.S. Treasury Secretary Steve Mnuchin speaks about sanctions against Turkey at a news briefing at the White House in Washington, U.S., October 11, 2019. REUTERS/Yuri Gripas WASHINGTON (Reuters) – U.S. and Chinese trade negotiators are working on nailing down a Phase 1 trade deal text for their presidents to sign...
Reuters - Business

Undercover entrepreneurs: fearful Mexican tech startups shun spotlight

Reuters
MEXICO CITY (Reuters) – In Mexico’s burgeoning startup scene, publicity is the last thing many entrepreneurs want. A device from Mexican payments startup Clip is seen in this picture illustration taken in Mexico City, Mexico October 11, 2019. REUTERS/Luis Cortes/Illustration Unlike plenty of their P.R.-hungry counterparts in Silicon Valley, Mexican...
Reuters - Business

As the beer flows, so does the economy, as consumers keep growth aloft

Reuters
DENVER (Reuters) – If the global economy hits the skids, the warning may come from the hop-covered taproom of the Denver Beer Co, where yearly sales are up 17% and founder Charlie Berger says the new “Juicy Freak” India Pale Ale is a bestseller despite its $1-per-pint higher price tag....
Reuters - Business

Asian shares tick up, sterling off five-month peak as crunch Brexit talks eyed

Reuters
SYDNEY/TOKYO (Reuters) – Asian shares inched higher while sterling came off five-month highs in volatile trade on Wednesday as investors looked to whether Britain can secure a deal to avoid a disorderly exit from the European Union. FILE PHOTO: A man looks on in front of an electronic board showing...
Reuters - Business

Unizo shares jump after Blackstone launches tender offer

Reuters
FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid/File Photo TOKYO (Reuters) – Shares of Unizo Holdings Co Ltd (3258.T) jumped on Wednesday after U.S....
Reuters - Business

Unizo says has not decided how to respond to Blackstone offer

Reuters
FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid/File Photo TOKYO (Reuters) – Japanese hotel operator Unizo Holdings (3258.T) said on Wednesday it had not...
ESPN

Riding the noise — Inside Japan’s ‘outrageous’ attempt to win the Rugby World Cup

ESPN
TOKYO — All Blacks coach Steve Hansen is not one to hand out praise freely. So, when he says he is happier facing Ireland in the Rugby World Cup quarterfinals than playing Japan, you listen. 2 Related His comments stand for all of rugby. Over the last few weeks, we’ve...
Reuters - Business

Blackstone turns up heat on hotelier Unizo with tender offer

Reuters
TOKYO (Reuters) – Private equity firm Blackstone Group (BX.N) said on Tuesday it would launch a tender offer for Unizo Holdings (3258.T) at 5,000 yen a share, doubling down on its $1.6 billion offer after the proposal was rebuffed by the Japanese hotel chain. FILE PHOTO: The ticker and trading...
Reuters - Business

Global stocks edge higher on Brexit hopes, trade optimism fades

Reuters
LONDON (Reuters) – Global stocks edged higher on Tuesday yet safe havens were still in play as markets tried to balance fading optimism over the latest China-U.S. trade truce with the likelihood of a Brexit deal by Thursday’s European Union summit. FILE PHOTO: The German share price index DAX graph...
Reuters - Business

Tesla to start Powerwall home battery installations in Japan

Reuters
FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo TOKYO (Reuters) – Tesla Inc (TSLA.O) will start installing its Powerwall home power storage batteries in Japan next spring, the U.S. electric car and battery maker...
Reuters - Business

WeWork prefers JPMorgan’s financing package over SoftBank’s control: Bloomberg

Reuters
FILE PHOTO: A WeWork logo is seen at a WeWork office in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch/File Photo (Reuters) – Shared office space company WeWork prefers the option of a near $5 billion financing package led by JPMorgan Chase & Co (JPM.N) to selling a controlling...
Reuters - Business

Stocks rise on cautious Brexit deal hopes, oil extends losses

Reuters
TOKYO (Reuters) – Asian stocks and Wall Street futures inched higher on Tuesday as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week. A man walks past in front of a stock quotation board...
Reuters - Business

Stocks make cautious gains ahead of key Brexit summit

Reuters
TOKYO (Reuters) – Asian stocks and Wall Street futures inched higher on Tuesday as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week. A man walks past in front of a stock quotation board...

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