SYDNEY (Reuters) – Woolworths Ltd said on Monday the U.S. company with which it had a hardware retail joint venture had started legal proceedings, five days after Australia’s No.1 grocery chain said it was exiting the business.
TOKYO (Reuters) – Japan’s Sharp Corp is hoping to team up with its domestic rival Japan Display Inc in organic light-emitting diode (OLED) displays to catch up with South Korean manufacturers, the Nikkei business daily reported on Monday.
NEW YORK (Reuters) – Bankrupt U.S. teen retailer Aeropostale Inc received bids this week for its business from private equity firm Sycamore Partners, as well as liquidators, firms that wind down businesses, according to people familiar with the matter.
STERLING HEIGHTS, Mich. (Reuters) – Fiat Chrysler Automobiles has been approached by several suitors for its components business Magneti Marelli, the carmaker’s chief executive said on Friday, without giving names or mentioning how many had shown interest.
DUBLIN (Reuters) – U.S. jobs data top economic readouts from around the world next week as global markets begin to return to business as usual following a typically quiet August with the calm broken on Friday by comments from Federal Reserve Chair Janet Yellen.
WASHINGTON (Reuters) – U.S. economic growth was a bit more sluggish than initially thought in the second quarter as businesses aggressively ran down stocks of unsold goods, offsetting a spurt in consumer spending.
WASHINGTON, (Reuters) – U.S. economic growth was a bit more sluggish than initially thought in the second quarter as businesses aggressively ran down stocks of unsold goods, offsetting a spurt in consumer spending.
Here’s what you need to know about the markets before you start your business day. …read more