beijing

Asia shares rise despite weak China, Japan data; firmer yuan helps

Asian shares snapped a five-session losing streak on Monday as China's central bank fixed the yuan sharply stronger, easing fears of depreciation for now, though a string of weak data from Japan to China and Indonesia suggested the bounce may be short-lived. European shares were set to follow Asia higher. Most stock markets in

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Asia shares rise despite weak China, Japan data; firmer yuan helps

beijing

Yahoo to look at strategic alternatives, cut jobs as it pursues spin-off

Yahoo Inc said on Tuesday it would consider “strategic alternatives” for its core Internet business and cut about 15 percent of its workforce, even as it continues with its plan to revamp the business and spin it off. The announcement is the strongest sign yet that the board and Chief Executive Marissa Mayer may be willing to…

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Yahoo to look at strategic alternatives, cut jobs as it pursues spin-off

beijing

Oil lifts stocks off lows, yen and low-risk debt in favor

LONDON (Reuters) – Glimmers of recovery in oil prices on Wednesday lifted European stock markets off their lows and dimmed the allure of the Japanese yen, gold and ultra-low-risk government debt.

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Oil lifts stocks off lows, yen and low-risk debt in favor

beijing

Ex-politician John Edwards among lawyers vying for lead role in Volkswagen suit

Edwards, who was a trial lawyer in North Carolina before his political career was felled by a sex scandal, sent a letter to U.S. District Judge Charles Breyer of San Francisco last Friday, asking to be appointed to the powerful plaintiffs' steering committee. “This case has ingredients I've spent my life working on,” Edwards told Reuters in an interview on Monday. The litigation against Volkswagen, he said, requires trial expertise, regulatory know-how and a global perspective.

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Ex-politician John Edwards among lawyers vying for lead role in Volkswagen suit

beijing

Wanda goes to Hollywood: China tycoon’s firm buys film studio Legendary for $3.5 billion

Chinese conglomerate Dalian Wanda Group has bought U.S. film studio Legendary Entertainment for about $3.5 billion, turning its chairman into a Hollywood movie mogul as China's richest man steps up a drive to diversify his business empire overseas. At a news conference in Beijing on Tuesday, Wanda Chairman Wang Jianlin said he plans to package Legendary, behind hits like “Jurassic World”, with existing movie production assets in China and sell shares in the…

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Wanda goes to Hollywood: China tycoon’s firm buys film studio Legendary for $3.5 billion

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