TOKYO Asian shares rose on Tuesday after modest gains on Wall Street, while robust metals prices underpinned some regional markets even as investors remained wary ahead of the annual central banking conference in Jackson Hole later this week.
Recent Business News
Department store chain Macy's Inc said on Monday it would restructure its merchandising operations, which could result in about 100 job cuts.
Automatic Data Processing Inc on Monday rejected billionaire investor William Ackman's three proposed board candidates, sparking more criticism from the hedge fund manager who is trying to shake up the human resources outsourcing firm.
SHANGHAI/WASHINGTON A direct overture by Chinese automaker Great Wall Motor Co Ltd to Italian-American automaker Fiat Chrysler Automobiles NV sent FCA shares up sharply on Monday, as investors cheered the potential sale of the storied Jeep brand. | Video
NEW YORK Citigroup named Muir Paterson to head the bank's global team of bankers advising companies on activist shareholders, the bank announced on Monday.
WASHINGTON Lockheed Martin Corp and its Lockheed Martin Aeronautics Co subsidiary are being awarded a $427 million order for ancillary military equipment and pilot flight equipment for some F-35 Joint Strike Fighter aircraft, the Pentagon said in a statement on Monday.