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Today's top business headlines from across the world. We thank all of the fine daily newspapers that allow the feeds. Without the daily papers, and their resources, there would not be the quality and breadth of news available to us all.


Top business headlines

Todays Top Business News
From around the world and across the street.

Japan says ready to work for stability of Nissan-Renault alliance
14 minutes ago
Japan said on Wednesday it is ready to work for the stability of the Nissan-Renault global alliance following the stunning arrest of common Chairman Carlos Ghosn, as the Asahi newspaper reported prosecutors are weighing bringing a case against the Japanese automaker.
[From Reuters: Business News]
French Finance Minister spoke to Renault executives, to have briefing on Wedn...
15 minutes ago
French finance minister Bruno Le Maire will hold a briefing on Wednesday to discuss the situation with Renault, said a spokesman for the French economy ministry, with Renault boss Carlos Ghosn still in custody in Japan.
[From Reuters: Business News]
U.S. prosecutors probe Hyundai, Kia vehicle recalls: source
23 minutes ago
U.S. prosecutors are investigating if Hyundai Motor and affiliate Kia Motors' vehicle recalls over engine defects were conducted properly, according to a person with knowledge of the matter and documents reviewed by Reuters.
[From Reuters: Business News]
Alibaba suffers rare 'down round' investment as Babytree's HK IPO prices low:...
32 minutes ago
China's Babytree Group, a parenting website operator, has priced its Hong Kong IPO at the bottom of a marketing range, people close to the deal said, reducing its valuation and implying a 'down round' for investor Alibaba Group Holding Ltd .
[From Reuters: Business News]
Airbus names new finance and operational leaders
46 minutes ago
Airbus on Wednesday named the finance director of German chipmaker Infineon Technologies as its next chief financial officer to replace fellow German Harald Wihelm, who is due to step down next year.
[From Reuters: Business News]
EU should copy U.S. laws to prevent money laundering scandals: whistleblower'...
1 hour ago
The European Union should harmonize whistleblower protection with the United States to avoid major money laundering scandals like the one in which Danske Bank is embroiled, the lawyer for the main whistleblower in the case said on Wednesday.
[From Reuters: Business News]
Harvesting in a trade war: U.S. crops rot as storage costs soar
1 hour ago
U.S. farmers finishing their harvests are facing a big problem - where to put the mountain of grain they cannot sell to Chinese buyers.
[From Reuters: Business News]
Holiday wish list: U.S. states count on extra online sales tax to boost budget
1 hour ago
Illinois, the U.S. state with the lowest credit rating on Wall Street, has often been chastised for using gimmicks to balance its budget.
[From Reuters: Business News]
Asia stocks slip as growth worries grip global markets
1 hour ago
Asian stocks slipped on Wednesday as intensifying concerns about global economic growth gripped financial markets, sending Wall Street shares tumbling and driving the safe haven dollar up from a two-week low.
[From Reuters: Business News]
Tokyo court decides to keep Ghosn detained for 10 days: Kyodo
1 hour ago
Tokyo District Court has decided that Nissan Motor Chairman Carlos Ghosn and Representative Director Greg Kelly will be detained for 10 days, Kyodo News reported on Wednesday.
[From Reuters: Business News]
Oil bounces by $1 per barrel after 6-percent plunge, but outlook still weak
2 hours ago
Oil bounced by around $1 a barrel on Wednesday to claw back some of the previous day's 6 percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories and record Indian crude imports.
[From Reuters: Business News]
USTR says China has failed to alter 'unfair, unreasonable' trade practices
4 hours ago
The Trump administration on Tuesday said that China has failed to alter its "unfair" practices at the heart of the U.S.-China trade conflict, adding to tensions ahead of a high-stakes meeting later this month between U.S. President Donald Trump and Chinese President Xi Jinping.
[From Reuters: Business News]
Crunch time for Tencent Music's 2018 $2 billion IPO hopes
5 hours ago
Tencent Music Entertainment (TME) ? China?s answer to Spotify ? is facing crunch time on its hotly anticipated U.S. $2 billion mega IPO this year.
[From Reuters: Business News]
Noble Group hit by regulatory probe, days before closing $3.5 billion restruc...
5 hours ago
Singapore authorities are investigating Noble Group Ltd for suspected false and misleading statements, just days before the Singapore-listed company was to complete its $3.5 billion debt restructuring deal to prevent its collapse.
[From Reuters: Business News]
Japan government calls for stable alliance among Nissan, Renault, Mitsubishi
5 hours ago
Japan believes it is important for Nissan Motor Co , Renault and Mitsubishi Motors Corp to maintain a stable alliance, its top government spokesman said on Wednesday.
[From Reuters: Business News]
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