Monday, March 25, 2019
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TOKYO (Reuters) - U.S. buyout firm Bain Capital is likely to delay a planned initial public offering of Toshiba Memory by around two months, a source said on Wednesday, pushing back until November what is likely to be one of Japan’s biggest listings this year. Toshiba Memory is the world’s second-largest maker of NAND memory chips. A consortium led by...
HOUSTON (Reuters) - Firefighters late Tuesday contained a raging inferno at a Mitsui & Co petrochemical storage site outside of Houston that has been billowing acrid smoke for days as Texas officials and environmental groups raced to expand air monitoring. The blaze at Mitsui unit Intercontinental Terminals Co in Deer Park, Texas, was reduced to four burning tanks from eight,...
DUBAI/RIYADH (Reuters) - Saudi Binladin Group’s chief financial officer, Klaus Froelich, has resigned, two sources familiar with the matter told Reuters on Monday, following a restructuring of the construction giant under Riyadh’s anti-corruption campaign. Froelich, a former Morgan Stanley banker, had been hired in 2016 to help the firm overcome a crisis sparked by the collapse of a construction crane...
(Reuters) - A consortium of global technology firms has shared on its collective database the digital fingerprints of more than 800 versions of the video of New Zealand’s mass shootings that killed 50 people, it said on Monday. While it was not the first internet broadcast of a violent crime, the livestream of the massacre showed that stopping gory footage...
DHARAMSHALA, India (Reuters) - The Dalai Lama, the spiritual leader of Tibetan Buddhism, said on Monday it was possible that once he dies his incarnation could be found in India, where he has lived in exile for 60 years, and warned that any other successor named by China would not be respected. Sat in an office next to a temple...
ADDIS ABABA/PARIS (Reuters) - The U.S. Department of Transportation is investigating the Federal Aviation Administration’s (FAA) approval of Boeing Co’s 737 MAX jets, the Wall Street Journal said on Sunday, citing people familiar with the inquiry. The investigation by the department’s inspector general was launched after a Lion Air crash in October killed 189 people, the newspaper said, months before...
NEW DELHI (Reuters) - India’s former defence minister and serving chief minister of the western state of Goa, Manohar Parrikar, died on Sunday, officials said. A technocrat turned politician, 63-year-old Parrikar was a senior member of the ruling Bharatiya Janata Party (BJP). He had been suffering from cancer. “Extremely sorry to hear of the passing of Shri Manohar Parrikar, Chief Minister...
SINGAPORE (Reuters) - Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela. Brent crude oil futures were at $67.03 per barrel at 0231 GMT, down 13 cents, or 0.2 percent, from their last...
SEOUL (Reuters) - North Korea is considering suspending nuclear talks with the United States, Vice Foreign Minister Choe Son Hui said on Friday, according to Russia’s TASS news agency. North Korea has no intention to yield to U.S. demands or engage in negotiations of this kind, Choe told a press conference in the North Korean capital Pyongyang, TASS reported. North Korea...
BEIJING (Reuters) - China’s parliament approved a new foreign investment law on Friday that promises to create a transparent environment for foreign firms as China and the United States work to end a trade war, though there is scepticism about its enforceability. The law, to replace existing regulations for joint ventures and wholly foreign-owned enterprises, is designed to ease concerns...

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