Analysis-China moves to shut a lifeline for cash-strapped local governments
By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Pressure is mounting on China’s cash-strapped local governments as authorities move…
Business
Raytheon gets $1.15 billion missile contract from US Air Force
(Reuters) -Raytheon Technologies said on Tuesday it has received a $1.15 billion contract from the U.S. Air Force for its…
Brazil watchdog offers plea deals to Americanas employees in fraud probe
SAO PAULO (Reuters) – The president of Brazil’s securities watchdog CVM on Tuesday urged employees from Americanas with information about…
South Korea ordered to pay Elliott about $109 million total over 2015 Samsung merger
By Joyce Lee SEOUL (Reuters) -The South Korean government has been ordered to pay hedge fund Elliott about $108.5 million,…
Georgia-Pacific may maintain bankruptcy pause on lawsuits, court rules
By Dietrich Knauth (Reuters) – Georgia-Pacific can avoid litigating tens of thousands of asbestos lawsuits while its subsidiary Bestwall remains…
Marketmind: Markets lose steam, central banks not helping
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
Microsoft, Activision CEOs on witness list for hearing on FTC bid to block merger
By David Shepardson WASHINGTON (Reuters) – Microsoft CEO Satya Nadella and Activision Blizzard CEO Bobby Kotick are among the witnesses…
Fed nominees say their focus is on beating inflation
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – Two Federal Reserve policymakers and an economist nominated to join them…
Visa names EA’s Chris Suh as finance chief
(Reuters) -Visa has hired Chris Suh, the finance chief at Electronic Arts and a former executive at Microsoft, as its…
US FCC proposes to force cable TV operators to disclose full pricing
By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Communications Commission (FCC) on Tuesday proposed a rule that would require…