SAN FRANCISCO Uber is in advanced discussions to sell its food-delivery business in India, according to two people with knowledge of the plans, as the company moves to stem its losses. The ride-hailing company is nearing a deal to sell its Uber Eats service in India to Zomato, an Indian food-delivery...
TOKYO Japanese stocks fell on Monday, December 16, slipping from an over- one-year high hit in the previous session as investors booked profits following an initial rally sparked by a preliminary trade deal between the United States and China. The Nikkei index ended down 0.29 percent at 23,952.35 with the industrial...
BANGKOK Thailand’s chicken exports to China are forecast to increase by 60 percent next year, a Thai industry association said December 18, as China seeks alternative meat supplies after an outbreak of swine fever nearly halved its pig herd. China’s pig herd is about 40 percent smaller than a year ago,...
SYDNEY Qantas Airways plans to have more experienced pilots on board the world’s longest non-stop flights than on its current long-haul flights for the first 18 months as it evaluates fatigue, said sources with knowledge of the matter. The airline said it could buy up to 12 Airbus SE A350 planes...
MACAO When Macao, the Portuguese colony turned Chinese gambling hub, got a new chief executive in October, the vote by an electoral committee was unanimous. He ran unopposed. No one took to the streets in protest. When young activists applied for permission to demonstrate in support of the protest movement in...
http://URL: https://www.nytimes.com/2019/12/19/business/goldman-sachs-1mdb.html Goldman Sachs is negotiating with federal prosecutors to pay a fine of as much as $2 billion, and have a subsidiary plead guilty, to settle claims about its role in a scheme to loot billions from a sovereign wealth fund in Malaysia, a person with knowledge of the...
Stanley White(REUTERS) TOKYO Japanese stocks edged lower December 11 as an approaching deadline for U.S. tariffs on nearly $160 billion worth of Chinese consumer goods just weeks before Christmas kept investors risk-averse. The Nikkei index fell 0.26 percent to 23,350.20, with industrial and healthcare sectors leading the declines. The tariffs were set to...
MEXICO CITY (REUTERS) Stronger worker and environmental protections top changes to a new version of the North American trade deal signed by U.S., Mexican and Canadian officials on December 10 that clears the way for a long-delayed vote in the U.S. Congress. The full text of revisions has not yet been...
Hannah Beech and  Ryn Jirenuwat (New York Times) KOH KHANUN, Thailand Crouched on the ground in a dimly lit factory, women picked through the discarded innards of the modern world: Batteries, circuit boards and bundles of wires. They broke down the scrap — known as hazardous electronic-waste, or e-waste — with hammers...
Motoko Rich (New York Times) TOKYO Japan will spend nearly $120 billion to stimulate its slowing economy and to help some of the areas worst affected by Typhoon Hagibis, Prime Minister Shinzo Abe announced last week. The new spending plan is aimed at addressing a slew of economic challenges facing Japan’s longtime...