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Chile calls for Asia-Pacific integration

Chilean Minister of Foreign Affairs Heraldo Munoz said he will push for Asia-Pacific integration, free trade and anti-protectionism at the Trans-Pacific Partnership (TPP) meeting in Vina del Mar city, Chile on March 14-15.

 

Wanda's $1 billion deal to buy Hollywood's Dick Clark scrapped

Eldridge Industries, the U.S. owner of Dick Clark Productions Inc, said on Friday that one of its affiliates terminated an agreement to sell off the TV production company to Chinese conglome [ … ]

   

Caterpillar says compliant with tax laws after IRS claim

Caterpillar Inc (CAT.N) said on Friday it was compliant with tax laws, a week after federal law enforcement officials raided three of the company's buildings in connection with a probe into [ … ]

   

Some bank bulls grow wary on policy uncertainty

Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates, lighter regulation, lower taxes and faster economic gro [ … ]

   

Volkswagen pleads guilty in U.S. court in diesel emissions scandal

Volkswagen AG (VOWG_p.DE) pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with the U.S. Justice Department in [ … ]

   

Asia markets down as energy firms hit by oil rout, dollar rises

Asia markets down as energy firms hit by oil rout, dollar rises

Energy firms led a broad sell-off in Asian markets on Thursday (May 9) following a five per cent plunge in oil prices, but the dollar held on to gains after a surprisingly strong US jobs rep [ … ]

   

Shell sells Canada oil sands assets

Shell sells Canada oil sands assets

Royal Dutch Shell has sold almost all of its Canadian oil sands activities in a US$7.25-billion (€6.9-billion) deal, the Anglo-Dutch energy giant said on Thursday (Mar 9).

   

Investors chained to bitcoin bets as U.S. ETF decision looms

Investors are betting market regulators will approve what would be the first U.S. exchange-traded fund to track the price of bitcoin.

   

Deutsche Bank drags European equities lower

European stocks sank on Monday (Mar 6) after Germany's troubled Deutsche Bank unveiled plans over the weekend to raise €8.0 billion (US$8.5 billion) in fresh capital.

   

Asia markets mostly up but caution reigns, dollar struggles

Investors in most Asian markets built on the previous day's advance Tuesday (Mar 7) but with caution hanging in the air the gains were limited by concerns over Donald Trump's lack of detail [ … ]

   

GE launches new Global Powering Efficiency Centre of Excellence

American industrial giant GE today announced its new global Powering Efficiency Centre of Excellence (COE), which brings together cross-business experts in its energy businesses to apply a t [ … ]

   

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