Germany’s Uniper Sees Bailout Cost Rising To $53 Billion
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Uniper, the largest corporate casualty of Europe’s energy crisis so far, said…
Headlines
News Corp-Fox Merger Plan Faces Opposition From Major Shareholder – WSJ
(Reuters) -Independent Franchise Partners, a major investor in News Corp and Fox Corp, opposes media mogul Rupert Murdoch’s plan to…
Japan’s Mitsubishi UFJ To Buy Two Asia Units Of Home Credit For $620 Million -source
By Makiko Yamazaki TOKYO (Reuters) -Japan’s Mitsubishi UFJ Financial Group Inc plans to buy the Philippines and Indonesian units of…
Unemployment claims rise to 240,000, highest since August
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose to the highest level since August but still…
Russia Revives Soviet-era Moskvich Brand With Chinese Design
By Gleb Stolyarov and Alexander Marrow MOSCOW (Reuters) -After a two-decade hiatus, Russia on Wednesday launched production of the Moskvich…
Small businesses, and shoppers, return to holiday markets
NEW YORK (AP) — On a recent evening in early November, shoppers at the Bryant Park holiday market in New…
Deere Profit Surges 75% On Pricing Boost
(Reuters) – Deere & Co reported a 75% jump in quarterly profit on Wednesday as limited supply of its tractors,…
Credit Suisse Flags Hefty Loss As Rich Clients Leave
By John Revill ZURICH (Reuters) -Credit Suisse expects a pre-tax loss of up to 1.5 billion Swiss francs ($1.58 billion)…
Xiaomi Q3 Revenue Falls 9.7% Year-on-year, Net Income Down 59.1%
SHANGHAI (Reuters) – Chinese smartphone maker Xiaomi Corp on Wednesday reported quarterly revenue of 70.17 billion yuan, a 9.7% fall…
Huge Foxconn IPhone Plant In China Rocked By Fresh Worker Unrest
By Brenda Goh and Yimou Lee SHANGHAI/TAIPEI (Reuters) -Hundreds of workers joined protests at Foxconn’s flagship iPhone plant in China,…