TOKYO, June 18 (Reuters) – Japan’s Nikkei average edged down in choppy trade but managed to end above 13,000 on Tuesday, with most investors on the sidelines awaiting the outcome of the U.S. Federal Reserve’s meeting for clues on when it may begin tapering back stimulus. The Nikkei slipped 0.2 percent to 13,007.28 points after trading as high as 13,139.48 earlier. The broader Topix gained 0.2 percent to 1,086.40. Volume was light, with only 2.43 billion shares changing hands, the lowest
June 18 (Reuters) – U.S. consumers are more satisfied with airlines in recent years but the industry still gets relatively low marks, mainly due to the onboard experience, according to a new customer…
MILAN (Reuters) – A second profit warning in less than 5 months wiped over a quarter from the share price of Italy’s Saipem on Monday, leaving Europe’s biggest oil industry group worth half what it…
SAO PAULO (Reuters) – As many as 200,000 demonstrators marched through the streets of Brazil’s biggest cities on Monday in a swelling wave of protest tapping into widespread anger at poor public services, police violence and government corruption.
TOKYO (Reuters) – New York-based hedge fund company Third Point said it had raised its stake in Japan’s Sony Corp and asked for an opportunity to present its proposal to Sony’s board for a partial spin-off of the company’s entertainment unit.
– “Anyone who has not made these clumsy forays into DIY taxidermy has probably never wondered where the dead things come from.”
– “If bees go extinct, this is what your supermarket will look like.”
– “China is pushing ahead with a sweeping plan to move 250 million rural residents into newly constructed towns and cities over the next dozen years.” (Though see here for a counterpoint.)
Read full article >>
* Execution problems emerge in Canada, Mexico (Recasts lead, adds comments from shareholders, Consob)
MANILA, June 18 (Reuters) – An electricity outage that blacked out large swathes of the Philippines’ main island of Luzon for up to eight hours last month has highlighted worries about a potential…