Citi investing US$1 billion in Mexico unit Citibanamex
October 4, 2016 – Citigroup Inc is investing another US$1 billion in its Mexican bank and renaming it Citibanamex in…
Brent oil halts gain near US$50 with Opec looming
October 3, 2016 – Oil halted gains after rising above US$50 a barrel in London for the first time in…
Warm weather halts H&M profits
September 30, 2016 – Unusually warm weather in Europe’s autumn has eroded profits at Hennes et Mauritz (H&M), the Swedish…
Ex-Hugo Boss CEO appointed as Bottega Veneta boss
September 29, 2016 – French luxury and sports group Kering is to announce this week the appointment of former Hugo…
Dollar firmer near ¥100.80 in Tokyo amid Euro selling
September 28, 2016 – The dollar climbed to levels near ¥100.80 in Tokyo trading today, on the back of euro…
Merkel hopes issues at Deutsche Bank can be solved
September 27, 2016 – German Chancellor Angela Merkel expressed hope today that problems at Deutsche Bank could be solved after…
Mylan reiterates profit on EpiPen in US
September 26, 2016 – Under fire generic drug manufacturer Mylan NV reiterated it makes a net profit of US$104, after…
Caterpillar to explore options for mining products
August 19, 2016 – Caterpillar Inc , the world’s No. 1 maker of construction and mining equipment, said last night it…
Tokyo stocks fall as Japan’s economy stalls
August 15, 2016 – Tokyo stocks fell today after hitting their highest levels for over two months in the previous session,…
Toshiba hit profit from home appliances unit sale
August 12, 2016 – Toshiba today said it swung to a profit in the April-June quarter, thanks to cost cuts and…