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Global shares slide on trade worries, oil gives up some gains

TOKYO Global share prices fell on Monday on escalating trade tensions between the United States and major economies while crude oil prices gave up some of the hefty gains made after major oil exporters agreed to a modest increase in production.

Recent Business News

GE nearing deal to sell industrial engines unit to Advent: WSJ

General Electric Co is close to a deal to sell its industrial gas engines business to private equity firm Advent International for $3 billion or more, The Wall Street Journal reported on Sunday, citing people familiar with the matter.

Jun 24 2018

Malaysia arrests Najib ex-aide in 1MDB probe: media

KUALA LUMPUR Malaysian authorities have made the first arrest in a renewed probe into the multi-billion dollar scandal at state fund 1MDB, remanding a former aide of ousted prime minister Najib Razak to assist in investigations, Bernama news reported on Monday.

2:31am EDT

Bombardier, Toronto union reach new agreement, averting strike

TORONTO Bombardier Inc and its Canadian workers who assemble turboprops and the company's new top-of-the-line business jet have reached a new labor agreement, averting a potential strike, the company said on Sunday.

Jun 24 2018

KLM, Delta opposed to Capron as head of Air France KLM: media

PARIS KLM and Delta Airlines have expressed their opposition toward possible plans to name Philippe Capron as the new head of Air France KLM , BFM Business reported on Monday.

2:30am EDT

Waiting for Peter Thiel: big tech directors miss shareholder meetings

BOSTON Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings. Companies that hold meetings online have some of the worst records for attendance.

Tech, Wealth Jun 24 2018

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