Short & distort? The ugly war between CEOs and activist critics
NEW YORK (Reuters) - On the morning of July 11, Paul Pittman was on a corn farm in Western Illinois, unaware his company had taken a devastating hit.
Fed sees no rate hikes in 2019, sets end to asset runoff
WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday brought its three-year drive to tighten monetary policy to an abrupt end, abandoning projections for any interest rate hikes this year amid signs of an economic slowdown, and saying it would halt the steady decline of its balance sheet in September.
U.S. whiskey exports dry up as tariffs bite
(Reuters) - American whiskey exports slumped in the second half of 2018, taking a blow from higher duties by the country's trading partners following President Donald Trump's tariffs on steel and aluminum imports, an industry group said on Thursday.
Asian shares rise on Fed dovishness; growth concerns linger
SHANGHAI (Reuters) - Shares in Asia rose on Thursday after the U.S. Federal Reserve abandoned forecasts for any interest rate hikes this year,
Exclusive: KKR raising first Asia real estate fund, targeting $1.5 billion - sources
HONG KONG (Reuters) - Global investment powerhouse KKR & Co Inc is raising its first Asia-focused real estate fund, targeting $1.5 billion as it looks to deepen its real estate portfolio in the region, said people with knowledge of the matter.
China says top U.S. trade officials to visit Beijing March 28-29
BEIJING (Reuters) - A U.S. trade delegation headed by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit China on March 28-29 for the next round of negotiations, China's commerce ministry said on Thursday.
Elliott calls for shareholder vote on Uniper 'domination' agreement
FRANKFURT (Reuters) - Activist investor Elliott has called for a shareholder vote to instruct management of German utility Uniper to enter talks on giving one of the latter's biggest investors the right to control it without having a majority of its shares.
China's pork imports to jump after first quarter as epidemic hits output: Rabobank
WUZHEN, China (Reuters) - China's imports of pork will increase 'substantially' after the first quarter, a leading analyst said on Thursday, as the worst disease outbreak in years impacts pig production in the world's top hog market.
South Korea chipmaker shares rise on Micron's industry recovery outlook
SEOUL (Reuters) - Shares of South Korean chip giants jumped on Thursday after U.S. chipmaker Micron Technology Inc forecast recovery in a memory market saddled with oversupply as device demand sags.
India state banks want Jet Airways' Goyal to reduce stake to 10 percent: CNBC-TV18
MUMBAI (Reuters) - A group of Indian state-run banks want Jet Airways' embattled founder and Chairman Naresh Goyal to reduce his stake in the carrier to 10 percent, news channel CNBC-TV18 reported on Thursday, quoting sources.