Author Archives: admin

ABB to sell Power Grids division to Hitachi in $11 billion deal

A man takes pictures of the logo of Swiss power technology and automation group ABB ahead of a news conference to present the company’s full year results, in Zurich, Switzerland, February 8, 2018. REUTERS/Moritz Hager TOKYO/ZURICH (Reuters) – ABB (ABBN.S) will sell 80.1 percent of its Power Grids division to Japan’s Hitachi (6501.T), the Swiss engineering group said on Monday, ...

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Another Brexit referendum would increase uncertainty: UK business minister

Britain’s Secretary of State for Business, Greg Clark, arrives in Downing Street, London, Britain, December 4, 2018. REUTERS/Henry Nicholls/File Photo LONDON (Reuters) – British business minister Greg Clark said that a second Brexit referendum would increase uncertainty for the country and his preference would be for parliament to back Prime Minister Theresa May’s Brexit deal. Clark was speaking on BBC ...

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Asos issues profit warning over fashion discounting

Image copyright Asos Online fashion retailer Asos has warned of lower profits this financial year after “unprecedented” discounting hit its trading in November. Despite sales growth of 14% from September to November, it had seen “a significant deterioration” in November. Economic uncertainty plus weaker consumer confidence had led to “the weakest growth in online clothing sales in recent years”. “As ...

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Malaysia files criminal charges against Goldman Sachs in 1MDB probe

FILE PHOTO: A view of the Goldman Sachs stall on the floor of the New York Stock Exchange in New York, U.S. on July 16, 2013. REUTERS/Brendan McDermid/File Photo KUALA LUMPUR (Reuters) – Malaysia said on Monday it has filed criminal charges against Goldman Sachs (GS.N) and two of the U.S. bank’s former employees in connection with a corruption and ...

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Steve Harvey doesn’t want to host Oscars- The New Indian Express

By IANS LOS ANGELES: TV host Steve Harvey says he is not interested in hosting the Oscars. In an interview to Entertainment Tonight, the 61-year-old comedian said that he would pass if such an opportunity presented itself, reports dailymail.co.uk. “Hell, if they won’t let Kevin Hart host the Oscars, how the hell are they going to let me host the ...

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Blast smashes windows, wrecks offices at Greece’s SKAI TV in ‘attack on democracy’

ATHENS (Reuters) – A powerful blast smashed windows and wrecked offices at Greece’s SKAI TV in Athens on Monday in what officials called an attack on democracy. No one was injured. SKAI is one of Greece’s biggest TV stations and part of a media group which includes a radio station and is affiliated with the leading daily newspaper, Kathimerini. Police ...

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‘My sleepless nights over Sandra Bullock’s blindfold’

Image copyright Netflix Image caption Bullock took advice from an expert who “helps blind people navigate spaces” Oscar-winning director Susanne Bier suffered “sleepless nights” after Sandra Bullock refused to cut holes in the blindfold she wore for their horror thriller film, Bird Box. Bullock plays a lone mother with two young children, battling an unseen force which compels you to ...

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Asian shares perk up ahead of key policy events in China, U.S.

TOKYO (Reuters) – Asian share markets ticked up on Monday as investors cautiously looked to whether key policy events in the United States and China could allay concerns about slowing global economic growth. An investor sits in front of a board showing stock information at a brokerage office in Beijing, China, December 7, 2018. REUTERS/Thomas Peter MSCI’s broadest index of ...

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