As corporate-government tax pacts falter, Coca-Cola challenges huge U.S. bill
WASHINGTON (Reuters) – Coca-Cola Co (KO.N) thought it had a deal with the U.S. Internal Revenue Service on how much…
Saks, Lord & Taylor hit by payment card data breach
TORONTO/NEW YORK (Reuters) – Retailer Hudson’s Bay Co on Sunday disclosed that it was the victim of a security breach…
Exchange operator CME Group to buy Britain’s NEX for $5.5 billion
LONDON (Reuters) – U.S. exchange operator CME Group has agreed to buy NEX Group for $5.5 billion to create a…
Britain shrugs off Brexit to enjoy boom in dealmaking
LONDON (Reuters) – British companies have been swept up in a global boom in dealmaking that has seen the amount…
Wall Street rises as technology shares gain
(Reuters) – U.S. stocks were higher on Thursday as technology shares showed signs of recovery following a selloff in the…
Automakers keep wary eye on tariff impact, possible trade war
NEW YORK (Reuters) – Executives from major automakers raised concerns at the New York auto show this week about the…
Big Deutsche Bank investors seek clarity on CEO: sources
FRANKFURT (Reuters) – Large investors in Deutsche Bank (DBKGn.DE) have urged its chairman to provide a clear signal on whether…
U.S. consumer spending up slightly; jobless claims at 45-year low
WASHINGTON (Reuters) – U.S. consumer spending rose marginally for a second straight month in February as households boosted savings, the…
Google defeats lawsuit claiming YouTube censors conservatives
(Reuters) – Google has won the dismissal of a lawsuit in California accusing YouTube of censoring conservative content. The YouTube…
Exclusive: OPEC, Russia consider 10-20 year oil alliance – Saudi Crown Prince
NEW YORK (Reuters) – OPEC and Russia are working on a long-term deal to cooperate on oil supply curbs that…
Akzo Nobel reshapes business with 10 billion euro sale
AMSTERDAM (Reuters) – Akzo Nobel will sell its chemicals business in a 10.1 billion euro ($12.6 billion) deal to buyers…
Facebook’s Zuckerberg will not answer UK lawmakers’ questions over data scandal
LONDON (Reuters) – Facebook boss Mark Zuckerberg will not answer questions from British lawmakers over how millions of users’ data…
U.S. gunmaker Remington files for bankruptcy
(Reuters) – Remington Outdoor Co Inc , one of the largest U.S. makers of firearms, filed for bankruptcy protection on…
Twitter to ban crypto ads as online crackdown widens
LONDON (Reuters) – Twitter is to ban cryptocurrency advertising, joining Facebook and Google in a clampdown on the industry over…
Wall Street climbs as trade war fears cool
(Reuters) – U.S. stocks were higher on Monday as fears about a trade war between the United States and China…
China warns U.S. it will defend own trade interests
BEIJING (Reuters) – The United States has flouted trade rules with an inquiry into intellectual property and China will defend…
JCDecaux open to bidding for U.S. peers but nothing planned: CEO
PARIS (Reuters) – French outdoor advertising company JCDecaux (JCDX.PA) could consider bidding to take over U.S. competitors Clear Channel (CCO.N)…
Bank of America pays $42 million fine in New York ‘masking’ probe
NEW YORK (Reuters) – Bank of America Corp (BAC.N) will pay a $42 million fine and admitted wrongdoing to settle…
Spotify says about two million users suppressing ads without paying
(Reuters) – Music streaming service Spotify Technology SA said on Friday about 2 million of its non-paying users were suppressing…
U.S. lawmakers formally ask Facebook CEO to testify on user data
WASHINGTON (Reuters) – U.S. lawmakers on Friday formally asked Facebook Inc’s (FB.O) Mark Zuckerberg to explain at a Washington hearing…
Success for Uber’s direct loan despite driverless fatality
NEW YORK (LPC) – Uber Technologies’ self-arranged term loan B was increased to US$1.5bn, justifying the taxi app company’s unconventional…
Citi sets restrictions on gun sales by retail clients
(Reuters) – Citigroup Inc added restrictions on firearms sales for new retail-sector clients, the Wall Street bank said citi.us/2FVnjJj on…
Wall Street gripped by trade war fears
(Reuters) – The three major U.S. indexes fell more than 1.5 percent on Thursday, on track for their steepest drop…
U.S. carmaker Ford, India’s Mahindra to develop SUVs, electric vehicle
NEW DELHI (Reuters) – U.S. carmaker Ford Motor Co (F.N) and India’s Mahindra & Mahindra (MAHM.NS) said on Thursday they…
Wall Street opens flat, tech drags ahead of Fed
(Reuters) – U.S. stocks opened little changed on Wednesday as traders moved cautiously ahead of an expected Federal Reserve interest…
Academic behind Facebook breach says political influence was exaggerated
LONDON (Reuters) – The consultancy at the center of a storm over Facebook (FB.O) data greatly exaggerated its role in…
Hyundai Motor shares tumble following U.S. probe of air bag failures
SEOUL (Reuters) – Shares of Hyundai Motor slid on Monday after a U.S. regulator said it had opened a probe…
Baidu video streaming unit iQiyi launches $2.4 billion U.S. IPO
(Reuters) – Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc (BIDU.O), has launched…
Shares in the red as nervous markets await Fed
SYDNEY (Reuters) – Asian share markets slipped into the red on Monday as caution gripped investors in a week in…
U.S. nonfarm payrolls post largest gain in one-and-a-half years
WASHINGTON (Reuters) – U.S. job growth surged in February, recording its biggest increase in more than 1-1/2 years, but a…
Japan’s Kobe Steel names Yamaguchi as president after data fraud
TOKYO (Reuters) – Japan’s Kobe Steel Ltd (5406.T) on Friday appointed the head of its machinery business as its new…
Wynn Resorts to pay $2.6 billion to settle lawsuit with Japan’s Universal
(Reuters) – Wynn Resorts Ltd (WYNN.O) has agreed to pay $2.6 billion to settle a lawsuit brought by Japan’s Universal…
Globalists buck U.S. index fund trend
NEW YORK (Reuters) – Volatility in U.S. equity markets this year is pushing investors not only to invest in stocks…