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Asian shares up after Nasdaq, S&P 500 hit record highs

By Andrew Galbraith SHANGHAI (Reuters) – Equity markets in Asia rose on Wednesday morning after upbeat earnings helped the Nasdaq and S&P 500 indexes reach...

Lawyer for Platinum founder says investors knew and accepted risks

By Brendan Pierson NEW YORK (Reuters) – Investors in the defunct billion-dollar hedge fund firm Platinum Partners had ample notice they might not get their...

BMW to buy cobalt direct from Australia, Morocco for EV batteries

PARIS (Reuters) – German carmaker BMW will buy cobalt, a key component for electric vehicle (EV) batteries, directly from mines in Australia and Morocco...

BlackRock will not back Bayer management in AGM vote: sources

By Simon Jessop and Ludwig Burger LONDON/FRANKFURT (Reuters) – Fund manager BlackRock will not support Bayer’s management in a key vote at its annual general...

German prosecutors probe bonus payments to suspended VW manager

FRANKFURT (Reuters) – German prosecutors are investigating a possible breach of fiduciary duty by Volkswagen over bonus payments made to an executive who was...

Tighter U.S. sanctions on Iranian oil will cost Asia but supply...

By Henning Gloystein SINGAPORE (Reuters) – Asian buyers of Iranian crude are well placed to overcome the end of U.S. sanctions waivers as they have...

Weak first quarter seen for U.S. refiners, but brighter summer expected

By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – U.S. independent refiners are expected to roll out lower than expected first-quarter profits after a...

Fast track: Indonesia, Malaysia rail projects may give China more deals

By Fanny Potkin and Tabita Diela WALLINI, Indonesia (Reuters) – In a rural part of Indonesia’s Java island, two orange-clad workers confer in Mandarin over...

ExxonMobil agrees 20-year LNG deal with China’s Zhejiang Energy

SINGAPORE (Reuters) – Exxon Mobil Corp said it has signed a 20-year agreement to supply liquefied natural gas (LNG) to China’s Zhejiang Energy, as...

Asian shares steady after Easter weekend; oil hits 2019 highs

By Tomo Uetake TOKYO (Reuters) – Asian shares were little changed on Tuesday, hovering not far from nine-month peaks hit last week, with concerns China...
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