INWire Headlines

Uber reviews Asia business amid U.S. bribery probe - source

REUTERS - Uber Technologies Inc, which is the subject of a U.S. federal probe into whether it broke bribery laws, has started a review of its Asia operations and notified U.S. authorities about payments made by staff to police officers in Indonesia, a person familiar with the matter told Reuters.

Myanmar's Suu Kyi denies going 'soft' on military

Myanmar leader Aung San Suu Kyi has rejected a suggestion she is soft on the military, which the United Nations has accused of ethnic cleansing, saying her relationship with the generals was normal and her objective was national reconciliation.

European stocks tread softly ahead of Fed

European stocks continued to trade cautiously in early deals on Wednesday ahead of a policy decision by the U.S. Federal Reserve later in the day, with energy stocks and miners boosted by a rise in metals and oil prices.

Diageo sees impact on sales from Indian highway liquor ban

REUTERS - Britain's Diageo, the maker of Johnnie Walker whisky and Smirnoff vodka, said it expects its organic first-half sales growth to be impacted by the timing of Chinese New Year and a ban on selling alcohol along highways in India.

Oil rises after Iraq signals possible OPEC cut extension

Oil prices rose on Wednesday after Iraq's oil minister said OPEC and other crude producers were considering extending or even deepening a supply cut to curb a global glut, while a report showed a smaller-than-expected increase in U.S. inventories.

Gold inches up ahead of Fed policy statement

REUTERS - Gold inched higher in range-bound trade on Wednesday as the dollar wavered, with investors cautious ahead of the outcome of a two-day Federal Reserve meeting in the United States.

S.Korea says Trump's warning to N.Korea 'firm and specific'

U.S. President Donald Trump's speech to the United Nations, where he warned he would "totally destroy" North Korea if threatened, reinforced the need for Pyongyang to realise it must give up its nuclear weapons, South Korea said on Wednesday.