European stocks are set to open mixed Wednesday morning, amid elevated tensions between the U.S. and China over looming trade tariffs and investment restrictions. The FTSE 100 is seen little changed at 7,582; the CAC is expected to open down around 5 points at 5,310 while the DAX is poised to start 22 points lower […]
Read moreWhile the last decade has seen the proliferation of food delivery services such as UberEats and Deliveroo, Japanese instant noodle pioneer Nissin Foods says it maintains a unique advantage in one category: soup noodles. Speaking with CNBC’s “Squawk Box,” the company’s executive director and CEO, Kiyotaka Ando, said consumers are now coming back to the […]
Read moreInternational attention is on Malaysia’s new government to demonstrate its commitment to political transparency as the criminal case of former scandal-ridden ruler Najib Razak gets underway. Najib’s Tuesday arrest and subsequent charges — three criminal breach of trust counts and one offense of abuse of power — are a major development in a multibillion-dollar corruption […]
Read moreIndia’s banking sector crisis has left most state lenders hamstrung with mounting levels of bad loans, investigations into fraud and restricted growth opportunities. Amid that storm, private banks are set to emerge as winners. India’s public-sector financial institutions control about 70 percent of all banking assets in the country, but they have the highest exposure […]
Read moreAsian stocks were set to ease on Wednesday, after markets stateside closed in negative territory in a holiday-shortened session while trade jitters continued to simmer ahead of a deadline when tariffs are due to take effect. Japanese markets were poised to slip when markets opened for trade, with Nikkei futures traded in Chicago lower by […]
Read moreLyft on Monday announced it’s buying the bike-sharing firm behind New York Citi Bikes and San Francisco’s GoBikes for a reported $250 million. But it happened after Uber passed on the deal, according to a person familiar with the matter. Uber had previously looked at Motivate to expand its burgeoning bike offerings but walked away […]
Read moreAs soon as the warm weather rolls around, there’s an unofficial contest to become the song that gets everyone pumped, then stuck in everyone’s head, and eventually overplayed by your mother. Tracks that get the distinction of being the “Song of the Summer” also get the glory of being the soundtrack to those unforgettable moments…at […]
Read moreMicron shares fell as much as 8 percent during regular trading on Tuesday after Taiwanese rival United Microelectronic Corporation (UMC) released a statement claiming a Chinese court had temporarily banned sales of Micron chips in China. Micron closed down 5.5 percent on the day. Micron said it has not been served with an injunction, and […]
Read moreJobs in the tech sector often offer lucrative salaries, especially for executive positions. But just how much you can make depends a lot on where you work. A new study from job comparison site Comparably titled “What the C-Suite Earns: A Look at Executive Pay in Tech,” analyzed salary data for nearly 7,000 top tech […]
Read moreAs it pushed to hit its electric vehicle production targets for the quarter, Tesla decided to skip “brake-and-roll” testing for its Model 3 sedans in its Fremont factory. The news was first reported by Business Insider. The company managed to meet a self-imposed deadline to produce 5,000 Model 3 cars in a week after several […]
Read more