Monday, January 7, 2019





Starboard Builds Dollar Tree Stake, Urges Sale of Unit

Activist fund Starboard Value has built a position in Dollar Tree Inc. and is urging the company to explore ways to unlock value, including selling its Family Dollar business, according to people familiar with the matter.
BLOOMBERG.COM
Activist fund Starboard Value has built a position in Dollar Tree Inc. and is urging the company to explore ways to unlock value, including selling its Family Dollar business, according to people familiar with the matter.
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Yuan Shrugs Off Policy Easing to Head for Biggest Gain in Month

China’s yuan strengthened the most against the dollar in a month, unperturbed by the central bank’s monetary easing amid signs of an economic slowdown.
BLOOMBERG.COM
China’s yuan strengthened the most against the dollar in a month, unperturbed by the central bank’s monetary easing amid signs of an economic slowdown.





U.S. navy ship sails in disputed South China Sea amid trade talks with Beijing

A U.S. guided-missile destroyer sailed near the disputed Paracel Islands in the South China Sea claimed by China as U.S. officials meet their counterparts in Beijing for talks during a truce in a bitter trade war.
REUTERS.COM
A U.S. guided-missile destroyer sailed near the disputed Paracel Islands in the ...




Ex-Nissan chairman Ghosn's lawyers to give news conference Tuesday - FCCJ

Lawyers of ousted Nissan Motor Co Ltd chairman Carlos Ghosn are scheduled to give a news conference on Tuesday, the Foreign Correspondents' Club of Japan (FCCJ) said on its website on Monday, their first such public appearance.
REUTERS.COM
Lawyers of ousted Nissan Motor Co Ltd <7201.T> chairman Carlos Ghosn are schedul...



CBS announces News President David Rhodes is headed for the exit after year of troubles

Joe Kohen/WireImage

CBS News President David Rhodes is stepping aside following a difficult year for the news giant, the network revealed in a statement Sunday night.
Rhodes did not long survive the turmoil that has engulfed CBS and its news division following the investigation into sexual misconduct allegations stemming from as early as 2017 against major figures at the network.
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BUSINESSINSIDER.COM
CBS News President David Rhodes will vacate his long held role after a difficult year for the top network.

MTN Nigeria Deal Fails to Fuel Shares as More Trouble Feared

MTN Group Ltd. executives may have expected investors to cut them a little slack after they got potential liabilities of $8.1 billion in Nigeria reduced to $53 million last month. Not so.
BLOOMBERG.COM
MTN Group Ltd. executives may have expected investors to cut them a little slack after they got potential liabilities of $8.1 billion in Nigeria reduced to $53 million last month. Not so.

China, U.S. want to work together on trade: foreign ministry

China and the United States have expressed a will to work together to implement the consensus of their presidents, the Chinese foreign ministry said on Monday, as trade talks between the world's two biggest economies resumed.
REUTERS.COM
China and the United States have expressed a will to work together to implement ...

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