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Toshiba to raise $5.3 billion from new shares to avoid delisting risk

TOKYO (Reuters) - Toshiba Corp said it would raise 600 billion yen ($5.3 billion) from a sale of new shares, a key step that would allow the troubled conglomerate to remain a publicly traded company even if the sale of its chip unit is delayed. ...more
2017-11-20   18:33:01 IST

UK's Hammond increasingly confident Britain will get Brexit deal

LONDON (Reuters) - Finance minister Philip Hammond said on Sunday he was becoming more convinced Britain would secure a Brexit deal with the European Union. ...more
2017-11-20   18:33:01 IST

Honda recalling 900,000 minivans because seats may tip forward

WASHINGTON (Reuters) - Honda Motor Co said on Saturday that it was recalling about 900,000 minivans because second-row seats may tip forward if not properly latched after being adjusted. ...more
2017-11-19   20:38:02 IST

NHPC could bid for Nepal's $2.5 billion power project pulled from China

NEW DELHI (Reuters) - Indian power company NHPC Ltd could bid for a $2.5 billion hyrdropower project in Nepal, its chairman told Reuters, after Kathmandu cancelled a deal with China Gezhouba Group Corp. ...more
2017-11-18   22:31:02 IST

Graphic: Take Five - World markets themes for the week ahead

LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. ...more
2017-11-18   22:31:02 IST

Global Economy: Dwindling British fortunes to be laid bare

DUBLIN (Reuters) - The diverging trajectories of Britain and other major economies is set to be further laid bare in the coming week with London's budget forecasters poised to cut their growth outlook and data elsewhere likely to remain solid. ...more
2017-11-18   22:31:02 IST

Toyota and Suzuki in tie-up to sell electric vehicles in India

TOKYO (Reuters) - Toyota Motor Corp and Suzuki Motor Corp have agreed to cooperate in selling electric vehicles in India from around 2020, they said on Friday, aiming to give each other a leg up in emerging markets and low-emission technology. ...more
2017-11-18   20:36:01 IST

Vivendi's music unit UMG has a value of more than $40 billion, CEO says

BARCELONA (Reuters) - Vivendi deems that its music unit has a value of more than $40 billion, driven by the success of music streaming platforms such as Spotify, chief executive Arnaud de Puyfontaine said on Friday. ...more
2017-11-18   18:36:02 IST

RBI eases rules for short-selling in govt bonds

MUMBAI (Reuters) - The Reserve Bank of India on Thursday eased the rules for short-selling in government bonds, allowing traders to deliver securities from their own portfolio against short sales in "exceptional situations" of market stress. ...more
2017-11-17   22:36:02 IST

Gains in Wal-Mart, Cisco lift Wall Street

(Reuters) - The S&P 500 index recovered from its worst two-day fall since August on Thursday after Wal-Mart and Cisco shares soared on strong results. ...more
2017-11-17   22:36:02 IST

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