Asia shares camp on high ground, oil jumps on Libya shutdown

Asia shares camp on high ground, oil jumps on Libya shutdown
SYDNEY (Reuters) – Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid U.S. economic data and lashes of liquidity from the Federal Reserve. Investors look at screens showing stock information at a brokerage house in Shanghai, China January 16, 2020. REUTERS/Aly Song Oil prices jumped as oilfields in southwest Libya... Read More

Guoxuan says in talks with Volkswagen, hasn’t reached binding agreement

Guoxuan says in talks with Volkswagen, hasn’t reached binding agreement
FILE PHOTO: A Volkswagen logo is seen at a construction completion event of SAIC Volkswagen MEB electric vehicle plant in Shanghai, China November 8, 2019. REUTERS/Aly Song/File Photo SHANGHAI (Reuters) – Guoxuan High-Tech Co Ltd (002074.SZ) is in talks with Volkswagen AG (VOWG_p.DE) for potential strategic cooperation in technology, product, and capital, the Chinese battery maker wrote in a company... Read More

Asia shares camp on high ground, oil up on Libya shutdown

Asia shares camp on high ground, oil up on Libya shutdown
SYDNEY (Reuters) – Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid U.S. economic data and lashes of liquidity from the Federal Reserve. Investors look at screens showing stock information at a brokerage house in Shanghai, China January 16, 2020. REUTERS/Aly Song Oil prices jumped as oilfields in southwest Libya... Read More

A thousand EU financial firms plan to open UK offices after Brexit

A thousand EU financial firms plan to open UK offices after Brexit
LONDON (Reuters) – More than a thousand banks, asset managers, payments companies and insurers in the European Union plan to open offices in post-Brexit Britain so they can continue serving UK clients, regulatory consultancy Bovill said on Monday. FILE PHOTO: A person walks through the Canary Wharf financial district of London, Britain, December 7, 2018. REUTERS/Simon Dawson The new offices... Read More

Airbus unit to offer product to help airlines with revenue volatility

Airbus unit to offer product to help airlines with revenue volatility
LONDON (Reuters) – A subsidiary of Airbus (AIR.PA), the world’s largest planemaker, is preparing to launch a financial product aimed at helping its airline customers hedge against risks to revenue, officials said. FILE PHOTO: The logo of Airbus is pictured at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, November 15, 2019. REUTERS/Regis Duvignau/File Photo Skytra Ltd,... Read More