Edition:
United States

Business

Photo

Asian shares droop, yen gains as Korean tensions rise

TOKYO Asian shares slumped on Tuesday while the dollar remained off recent highs against the yen against the backdrop of rising tensions on the Korean Peninsula.

Recent Business News

Fed policymakers clash on outlook for inflation

SYRACUSE, N.Y./GRAND RAPIDS, Mich. A debate within the Federal Reserve over the outlook for U.S. inflation burst into public view just days after a rate-setting meeting in Washington, with one central banker saying inflation weakness is fading and another suggesting he's nervous it won't.

8:19pm EDT

Boeing opens program office for potential new mid-market jet

LONDON Boeing Co has opened a program office for a potential new mid-market jet and named a leader for the project, taking it a step closer to deciding whether to launch the new airplane, according to a staff memo.

7:26pm EDT

Uber rival Lyft met London transport officials, documents show

FRANKFURT/LONDON Lyft, Uber’s closest U.S. rival in the taxi-hailing business, met repeatedly with officials from London's transport regulator over the past year, a sign it may be targeting the city for international expansion.

3:44pm EDT

Nets welcomes $5.3 billion takeover bid by Hellman & Friedman

COPENHAGEN Payments firm Nets on Monday welcomed a 33.1 billion Danish crown ($5.3 billion) bid from U.S. firm Hellman & Friedman, marking what could be one of the largest European private equity takeovers in recent years.

11:32am EDT

BlackRock fees in limbo over donation to U.S. presidential candidate

NEW YORK A senior BlackRock Inc executive made a donation to an unsuccessful U.S. presidential candidate last year, an action that may prohibit the world's largest asset manager from collecting some fees from a state government, a company regulatory filing showed.

Politics, Election 2016 4:42pm EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary