Australia stocks higher at close of trade; S&P/ASX 200 up 0.38%

Australia stocks were higher after the close on Wednesday, as gains in the Energy, Resources and Materials sectors led shares…

Stress test shows top 8 UK banks have enough capital, says Bank of England

(Reuters) – Britain’s eight largest lenders have enough capital to ride out economic stress deeper than the 2008 financial crisis,…

France’s Thales to acquire Cobham Aerospace Communications for $1.1 billion

(Reuters) -French defence and technology group Thales (EPA:TCFP) said on Wednesday it started talks to buy French supplier Cobham Aerospace…

European shares gain ahead of key U.S. inflation data

(Reuters) – European shares edged higher on Wednesday in the run-up to the release of key U.S. inflation data which…

Exclusive-SoftBank considering US listing for its PayPay business – sources

(Reuters) – SoftBank is considering a U.S. listing for its PayPay payments business, three sources familiar with the matter said,…

Disney exploring sale or partners for India business, source says

(Reuters) – Walt Disney is exploring options to sell or find a joint venture partner for its India digital and…

Stocks in Asia rise, dollar slips as traders eye U.S. inflation data

(Reuters) – Asian shares rose, while the dollar slipped to a two-month low on Wednesday ahead of a crucial U.S.…

Microsoft’s $69 billion Activision deal gets US judge go-ahead, UK softens opposition

(Reuters) – Microsoft cleared major hurdles to its plan to buy videogame maker Activision Blizzard (NASDAQ:ATVI) on Tuesday, after a…

US banking giants to report higher profits even as dealmaking drags

(Reuters) -Wall Street banks are expected to report higher profits for the second quarter as rising interest payments offset a…

Dollar tumbles to two-month low; pound hits 15-month high after wage growth data

(Reuters) – The dollar dropped to a two-month low against a major currency index, after Federal Reserve officials signalled that…