U.S. bans American companies from selling to Chinese phone maker ZTE
LONDON/NEW YORK (Reuters) – The U.S. Department of Commerce has banned American companies from selling components to Chinese telecom equipment…
China tariffs on U.S. business jets no clear boost to rivals: aviation executives
SHANGHAI (Reuters) – China’s planned tariffs on U.S. business jets may do little to buoy rivals despite concerns the moves…
J&J Baby Powder litigation takes new focus with asbestos claims
NEW YORK (Reuters) – A $117 million verdict against Johnson & Johnson (JNJ.N) and a supplier in favor of a…
ECB asks Deutsche Bank to gauge investment banking exit costs: source
FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) has been asked by European Central Bank supervisors to calculate the potential costs of…
U.S., Mexico and Canada hasten NAFTA talks as elections loom: Pena Nieto
LIMA/MEXICO (Reuters) – The United States, Mexico and Canada will expedite NAFTA talks in a push to reach a deal…
‘Boiled frog syndrome’: Germany’s China problem
SCHROBENHAUSEN, Germany (Reuters) – Bauer, a big producer of construction equipment, is better placed than many German companies that invested…
South Dakota e-commerce sale tax fight reaches U.S. Supreme Court
WASHINGTON (Reuters) – A high-stakes showdown at the U.S. Supreme Court on Tuesday will determine whether states can force out-of-state…
Union chief upbeat on prospects for deal in German wage talks
POTSDAM, Germany (Reuters) – Negotiators for both Germany’s public sector unions and employers signaled a willingness to compromise at the…
Ad king Sorrell's abdication leaves WPP at crossroads
LONDON (Reuters) – Martin Sorrell’s sudden exit from WPP marks a shocking end to the career of a chief executive…
Facebook fuels broad privacy debate by tracking non-users
SAN FRANCISCO (Reuters) – Concern about Facebook Inc’s (FB.O) respect for data privacy is widening to include the information it…
Starbucks chief executive apologizes for arrests of two black men
(Reuters) – Starbucks Chief Executive Kevin Johnson apologized late on Saturday for the arrests of two black men at a…
Wall Street eyes earnings stabilizer after FAANG stocks wobble
(Reuters) – Wall Street is hoping that first-quarter earnings growth and corporate forecasts are strong enough to bring the FAANG…
Musk insists Tesla does not need more capital, predicts profit soon
(Reuters) – Tesla Inc (TSLA.O) will be profitable in the third and fourth quarters of this year and will not…
China slows review of chip company mergers amid trade tensions: WSJ
(Reuters) – Two multi-billion dollar takeovers of semiconductor makers are being stalled by Chinese regulatory reviews amid rising U.S.-China trade…
Martin Sorrell quits as head of world’s biggest ad group WPP
LONDON (Reuters) – Martin Sorrell, who built WPP into the world’s biggest advertising agency through 33 years of dealmaking, quit…
Proxy adviser ISS recommends against five Equifax directors over cyberbreach
(Reuters) – Proxy adviser Institutional Shareholder Services on Saturday recommended investors vote against the re-election of five Equifax Inc (EFX.N)…
Martin Sorrell quits as head of WPP advertising agency
LONDON (Reuters) – Martin Sorrell quit as the head of WPP on Saturday, leaving the world’s biggest advertising agency 33…
German interior minister rejects union’s six percent wage demand
BERLIN (Reuters) – German Interior Minister Horst Seehofer said on Saturday he would press for “reasonable results” in the next…
Trump says U.S. will only rejoin Pacific trade pact if terms are improved
WASHINGTON/TOKYO (Reuters) – U.S. President Donald Trump said the United States would only join the Trans Pacific Partnership, a multinational…
Spotify puts bank IPO paydays under fund manager scrutiny
LONDON (Reuters) – After shaking up the music industry, Spotify (SPOT.N) is now prompting investors to question the value they…
ESPN+ streaming service launches Disney’s digital drive
LOS ANGELES (Reuters) – Walt Disney Co (DIS.N) on Thursday debuted its new ESPN+ digital subscription service, the first consumer…
Volkswagen rushed revamp triggers labor concern: sources
BERLIN/MUNICH (Reuters) – Labor representatives at Volkswagen (VOWG_p.DE) are concerned by a sudden rush by the German carmaker’s board to…
Pentagon confirms delivery suspension of Lockheed F-35 jets
WASHINGTON (Reuters) – The U.S. Department of Defense has stopped accepting deliveries of F-35 jets from Lockheed Martin Corp (LMT.N)…
Wall Street jumps on earnings optimism, Syria worries ebb
(Reuters) – Wall Street stocks bounced higher on Thursday as expectations that lower U.S. taxes would fuel corporate earnings added…
Google poised to emerge unscathed from European antitrust crackdown
BRUSSELS/SAN FRANCISCO (Reuters) – The European Union’s top antitrust regulator, Margrethe Vestager, has made it her mission to stem alleged…
Wall Street falls on Syria concerns, interest rate worries
NEW YORK (Reuters) – Wall Street stocks fell on Wednesday as possible U.S. military action against Syria stoked investor concerns…
Wall Street higher as trade war fears ease
(Reuters) – U.S. stocks were higher on Tuesday as investor concerns about rising U.S.-China trade tension eased after Chinese President…
Theranos lays off most of its remaining workforce: WSJ
(Reuters) – Embattled blood-testing company Theranos Inc laid off most of its remaining workforce to preserve cash and avert or…
T-Mobile restarts talks to acquire Sprint: source
(Reuters) – T-Mobile US Inc (TMUS.O) is engaged in a new round of talks to acquire Sprint Corp (S.N), a…
Facebook’s Zuckerberg faces Senate hearing but little hope for action
WASHINGTON (Reuters) – Facebook (FB.O) Chief Executive Mark Zuckerberg’s No. 1 mission during his appearance before U.S. lawmakers on Tuesday…
Trans Mountain pipeline halt worries Canadian business
(Reuters) – Business groups and local officials called on Monday for Canada’s government to guarantee an expansion of the Trans…
No new NAFTA deal this week, but 80 pct chance for early May: Mexico minister
MEXICO CITY (Reuters) – Mexico’s economy minister on Monday said he saw an 80 percent chance of a new NAFTA…
Deutsche Bank picks insider Christian Sewing as new CEO: sources
FRANKFURT (Reuters) – Christian Sewing, currently co-deputy chief executive officer of Deutsche Bank (DBKGn.DE), is to become the new CEO…
Indian special court issues warrants against two accused in PNB bank fraud
NEW DELHI (Reuters) – A special court of India’s Central Bureau of Investigation (CBI) issued non-bailable warrants against two Indian…
Fed’s Evans says he’s optimistic on inflation, wants rate hikes
CHICAGO (Reuters) – Chicago Federal Reserve Bank President Charles Evans, one of the Fed’s most dovish policymakers, said Saturday that…
Sberbank to own biggest single stake in Croatia’s Agrokor – report
ZAGREB (Reuters) – Russia’s Sberbank (SBER.MM) may get around 30 percent of Croatia’s indebted food group Agrokor following a debt…
ISS recommends against Goldman pay plan, worried on costs
BOSTON (Reuters) – Proxy advisor Institutional Shareholder Services on Friday recommended investors vote against a stock plan for employees at…
Netflix offering more than $300 million for billboard company: sources
(Reuters) – Netflix Inc (NFLX.O) is offering more than $300 million to buy a company that owns billboards across Los…
Trump threatens more China tariffs; Beijing ready to hit back
BEIJING/WASHINGTON (Reuters) – China warned on Friday it was fully prepared to respond with a “fierce counter strike” of fresh…
Wall St. slides as U.S.-China trade spat intensifies
(Reuters) – The Dow Jones Industrial Average fell more than 450 points and the other main indexes slipped on Friday…
Campbell Soup gives COO Mignini more control over core units
(Reuters) – Campbell Soup Co (CPB.N) said on Thursday it would reorganize its businesses, giving newly-appointed Chief Operating Officer Luca…
U.S., China rivalry poses risks, benefits for Latin America
MENDOZA, Argentina (Reuters) – As the trade dispute between the United States and China was gaining steam last month, a…
Trump taking ‘serious look’ at policy options on Amazon
Aboard Air Force One (Reuters) – U.S. President Donald Trump said on Thursday he would take a serious look at…
Facebook shares rise as Zuckerberg soothes investors
(Reuters) – Shares of Facebook Inc rose as much as 4.2 percent on Thursday after Chief Executive Officer Mark Zuckerberg…
Ryanair’s 67 percent UK gender pay gap widest among airlines
DUBLIN (Reuters) – Ryanair (RYA.I) has reported an average gender pay gap for its British-based staff of 67 percent, the…
Tesla says no need for capital raise as Model 3 output rises
(Reuters) – Tesla Inc quashed any speculation it might need to raise more capital this year on Tuesday, driving the…
British passport maker to appeal loss of ‘Brexit blue’ contract
LONDON (Reuters) – The company that makes British passports will challenge the decision to use a foreign firm in future,…
Wall St. opens higher after tech-led slide
(Reuters) – U.S. stocks rose on Tuesday, recovering from a technology driven selloff a day earlier that pushed the Dow…
Wall St. opens higher after tech-led slide
(Reuters) – U.S. stocks rose on Tuesday, recovering from a technology driven selloff a day earlier that pushed the Dow…
Come for your drugs, leave with more shopping: Walmart’s new growth strategy?
(Reuters) – Walmart Inc’s (WMT.N) efforts to develop closer ties with health insurer Humana Inc (HUM.N), which came to light…
Russian tycoon Magomedov arrested on embezzlement charges
MOSCOW (Reuters) – Russian authorities on Saturday arrested billionaire Ziyavudin Magomedov on charges of embezzling more than $35 million, in…
Fox’s Ingraham taking vacation as advertisers flee amid controversy
(Reuters) – Fox News show host Laura Ingraham announced on her show late Friday that she is taking the week…
Volkswagen shareholder against reelection of Wolfgang Porsche to board: report
FRANKFURT (Reuters) – A prominent Volkswagen (VOWG_p.DE) shareholder is urging investors to vote against the reelection of Wolfgang Porsche as…
Trump attacks Amazon, again, over U.S. postal rates
(Reuters) – U.S. President Donald Trump launched his second attack in a week on Amazon.com Inc on Saturday, accusing the…