Finance

Proxy companies advise shareholders against Nissan’s Saikawa

Two investor research companies are advising Nissan shareholders to vote against a proposal to reappoint the automaker’s chief executive, Hiroto Saikawa, as a board director, citing possible oversight problems at the Japanese automaker after the arrest of his predecessor Carlos Ghosn. A corporate governance advisory company, Institutional Shareholder Services Inc., made the recommendation in its […]

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Sudan Military, Opposition Groups Agree To Resume Talks After Strike Suspended

KHARTOUM, June 11 (Reuters) – Sudan’s military and opposition groups have agreed to resume talks on the formation of a transitional council, an Ethiopian envoy said on Tuesday, as an opposition alliance said it was suspending its campaign of civil disobedience and strikes. Sudan’s Transitional Military Council also agreed to release political prisoners as a

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Asian shares rise as Trump plans to meet Chinese leader

Asian shares rose Tuesday as investor jitters over trade eased after President Donald Trump suspended plans to impose tariffs on Mexican imports and said he expects to meet with the Chinese leader. Japan’s benchmark Nikkei 225 rose 0.3% to 21,204.28. Australia’s S&P/ASX 200 added 1.6% to 6,546.30. South Korea’s Kospi gained 0.7% to 2,114.39. Hong

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Raytheon and United Technologies to create a defense giant

Raytheon and United Technologies will join to create a massive aerospace and defense company in a sector that is already rapidly consolidating. The combined company, which will count among its portfolio of weaponry the F-35 fighter jet engines, Patriot and Tomahawk missile systems in addition to space suits and intelligence technology as well as Pratt

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Trump signals frustration with Fed’s independent policies

President Donald Trump complained Monday that President Xi Jinping enjoys a major advantage in the U.S.-China trade war in that he controls China’s central bank while Trump must deal with a Federal Reserve that is “very destructive to us.” Trump made clear in an interview with CNBC his frustration with a system that provides political

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