Brazil’s Embraer returns to China with deal for freight conversions

(Reuters) – Brazilian planemaker Embraer is returning to China with a deal to convert passenger jets into freight aircraft with…

Thyssenkrupp should consider industrial players in sale of defense division – IG Metall

(Reuters) – Thyssenkrupp (ETR:TKAG) should explore a sale of its warship division to peers, in addition to private equity players…

Jeffrey Epstein got $300 million in US Virgin Islands tax incentives, JPMorgan says

(Reuters) – JPMorgan Chase said the U.S. Virgin Islands gave Jeffrey Epstein more than $300 million in tax incentives and…

JPMorgan cuts around 20 Asia investment banking jobs-source

(Reuters) –  JPMorgan Chase & Co (NYSE:JPM) has in a new round of downsizing cut around 20 investment banking jobs…

Australian lawmaker calls for international probe into PwC govt tax scandal

(Reuters) – The chair of an Australian senate committee looking into PricewaterhouseCoopers’ leak of a confidential government tax plan has…

CBA lowers home loan buffer rates for some refinancing clients to 1%

(Reuters) – Commonwealth Bank of Australia on Wednesday cut its buffer rate for some borrowers refinancing their existing home loan…

Australia stocks lower at close of trade; S&P/ASX 200 down 0.58%

Australia stocks were lower after the close on Wednesday, as losses in the Gold, Energy and Consumer Discretionary sectors led…

Japan stocks higher at close of trade; Nikkei 225 up 0.56%

Japan stocks were higher after the close on Wednesday, as gains in the Transportation Equipment, Precision Instruments and Retail sectors…

European shares fall on real estate drag, UK stocks slide after CPI data

(Reuters) – European shares opened lower on Wednesday after the real estate sector led declines against rising euro zone bond…

China unveils $72 billion tax break for EVs, other green cars to spur demand

(Reuters) -China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package to boost sales of electric vehicles (EVs) and…