KKR in talks to buy Unilever’s spreads business for $7 bln
Private equity firm KKR is in exclusive talks to buy Unilever's margarine and spreads business, people familiar with the matter tpold Reuters. Julia Sun reports.
Tesla largely responsible for slide in U.S. home solar sales – GTM Research
After years of double-digit growth, home solar installations in the United States are poised to fall for the first time this year, and Tesla is behind it, according to GTM Research.
Global PMIs point to way up for 2018 stocks
A global rebound gathers pace as new PMI readings show Germany's private sector output growing at its strongest in over six years and the French economy surging into 2018. Japan surprised markets, too ...
South Korean officials grapple with Bitcoin mania
South Korea says it may tax capital gains from cryptocurrency trading as global regulators worried about a bubble, with officials warning of a ‘speculative mania” that has seen the digital asset makin ...
China’s gaming craze fuels an e-sports boom
Video games have hit a new level of phenomenon in China, where playing, watching and even going to school for gaming is expected to clock in more than $27 billion in sales this year. Reuters Pei Li ta ...
China considers nuclear option to solve winter heating woes
With its smog-prone northern region desperate to cut coal consumption, China is actively looking to deploy nuclear power to solve its winter heating needs - but cost issues and public safety concerns ...