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UPDATE 2-Japan’s economy shrinks most in 4 yrs as global risks hit business spending

TOKYO (Reuters) – The Japanese economy contracted the most in over four years in the third quarter as companies slashed spending, threatening to chill the…

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Global stocks extend slump as global growth worries mount

TOKYO (Reuters) – Global stocks extended their slump on Monday, with U.S. equity futures and Asian shares sliding on worries over slowing growth and fears…

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GLOBAL MARKETS-Stocks extend slump as global growth worries mount

TOKYO (Reuters) – Global stocks extended their slump on Monday, with U.S. equity futures and Asian shares sliding on worries over slowing growth and fears…

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Posted in News/Canada/Edmonton News/Canada/Toronto News/Politics Uncategorized

Tencent-backed fleet manager G7 racks up $320M in funding

A sizable funding round is poised to heat up a race to automate China’s logistics infrastructure. Beijing-based fleet management company G7 announced on Monday that it…

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Posted in News/Canada/Edmonton News/Canada/Toronto News/Politics Uncategorized

Alibaba Group takes majority control of loss-making movie unit Alibaba Pictures with $160M share purchase

Alibaba Group announced today that it will increase its stake in Alibaba Pictures from 49% to 50.92%, making it the loss-making movie production company’s controlling…

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UPDATE 4-Huawei CFO seeks bail on health concerns; Canada wants her in jail

TORONTO/BEIJING (Reuters) – The CFO of China’s Huawei Technologies Co Ltd [HWT.UL] argued that she should be released on bail while awaiting an extradition hearing,…

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Nikkei dragged down by Wall St sell-off, Japan Q3 GDP contraction

* Worries over fresh Sino-U.S. trade tensions hit sentiment * Machinery and semiconductor-related stocks fall * Pioneer slumps 28.4 pct on news of buyout, delisting…

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UPDATE 1-Gilead Sciences to hire Roche executive O’Day as new CEO -source

FILE PHOTO: Roche Pharmaceuticals CEO Daniel O’Day attends a news conference in Basel, Switzerland February 1, 2017. REUTERS/Ruben Sprich/File Photo (Reuters) – Drugmaker Gilead Sciences…

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PRESS DIGEST- Financial Times – Dec 10

Dec 10 (Reuters) – The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for…

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PRESS DIGEST- British Business – Dec 10

Dec 10 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does…

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