News

LONDON, Oct 12 (Reuters) - If the 40-year wave of globalization is now giving way to a rising tide of protectionism, the outlook for national and regional champions is brightening.

WASHINGTON, Oct 13 (Reuters) - U.S. President Donald Trump moved to undermine Obamacare dramatically late on Thursday by cutting off subsidies to health insurance companies for low-income patients, sparking threats of legal action and concern of chaos in insurance markets.

HONG KONG, Oct 13 (Reuters) - Thai Beverage Public Co has acquired a combined 75 percent stake in two Myanmar distilleries in a deal worth $742 million, hoping to tap into growth in the country's nascent spirits market.

SHANGHAI, Oct 13 (Reuters) - China stocks inched up in quiet trading on Friday morning, as investors anticipated markets to remain stable ahead of next week's Communist Party Congress that is expected to stress stability.

* Affected engines used on 60 pct of A380s globally - analyst

WASHINGTON, Oct 13 (Reuters) - U.S. President Donald Trump moved to undermine Obamacare dramatically late on Thursday by cutting off subsidies to health insurance companies for low-income patients, sparking threats of legal action and concern of chaos in insurance markets.

SINGAPORE, Oct 13 (Reuters) - U.S. aviation authorities have ordered visual inspections of fan hubs in engines used on some Airbus SE A380 jets after an engine came apart on an Air France flight last month, forcing it to make an emergency landing.

By Chandini Monnappa Oct 13 (Reuters) - Southeast Asian stock markets rose on Friday, drawing confidence from upbeat global investor sentiment, with the Philippines hitting a fresh high and Singapore underpinned by data showing faster-than-expected quarterly economic growth. China's trade data showed growth...