HONG KONG (Reuters) – A major shareholder of the Chinese company buying General Motors’ Hummer brand said on Monday that he hopes the deal can be approved by the Chinese government this spring, paving the way for production of the iconic SUVs in China…
(ChinaPost.com.tw) – With its share of trade dwindling in the Asia Pacific, the United States (U.S.) is scrambling to drum up support from a skeptical public for a regional trade deal that can boost exports and create jobs.
NEW YORK (Reuters) – Peet’s Coffee & Tea Inc plans to announce on Monday it will extend its tender offer for shares of Diedrich Coffee Inc by 30 days, a person with knowledge of the situation said, signaling its anticipation that regulators could…
Amazon “temporarily” withdraws all Macmillan books from its US operation after fallout over download pricingA bitter pricing row between Amazon and the publishing industry intensified this weekend as the online retailer stripped books from Macmillan, including Hilary Mantel’s Man Booker prizewinner, Wolf Hall, from its website in the US.The drastic move, which could be [...]
OSLO (Reuters) – Nations accounting for most of the world’s greenhouse gas emissions have restated their promises to fight climate change, meeting a Sunday deadline in a low-key endorsement of December’s “Copenhagen Accord.”
(ChinaPost.com.tw) – Li and Fung Ltd. Thursday entered an agreement to supply clothes and other consumer goods to Wal-Mart Stores Inc. that may generate an additional US$2 billion of sales in the first year, President Bruce Rockowitz said.
(ChinaPost.com.tw) – Vice President Vincent Siew said the government has set aside a special budget of NT$95 billion to help Taiwan’s industries brave the challenges and deal with the impact that could arise from closer economic exchanges between Taiwa…
NEW YORK (Reuters) – The future of Pali Capital hung in the balance on Friday after the boutique investment bank said it failed to sell itself to a firm that it had been talking to for months.
SINGAPORE/AMSTERDAM (Reuters) – ING Group NV completed the sale of its Asian private banking unit to Singapore’s OCBC, the biggest deal in the private banking sector since the financial crisis.
The world’s top bankers are at odds about how to fight back against a global push for tougher financial regulation, with commercial and investment banks struggling to reach a deal.