Mexico says ‘good progress’ on trade deal although work remains
WASHINGTON (Reuters) – Negotiators working to close a new North American trade deal have made “good progress” but many elements…
Mexico official lauds progress on trade deal but says work remains
WASHINGTON (Reuters) – Mexico’s deputy foreign minister for North America, Jesus Seade, said on Friday that negotiators made “good progress”…
Tesla boss Elon Musk wins defamation trial over his ‘pedo guy’ tweet
LOS ANGELES (Reuters) – Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as…
Musk’s defamation win may reset legal landscape for social media
((This December 6 story is refiled to fix typo in quote in paragraph nine)) FILE PHOTO: SpaceX owner and Tesla…
Fiat appeals to Europe’s top court against $33 million EU tax order
FILE PHOTO: The logo of car manufacturer Fiat is seen in Zurich, Switzerland October 30, 2019. REUTERS/Arnd Wiegmann/FIle Photo BRUSSELS…
Ericsson to pay over $1 billion to resolve U.S. corruption probes
WASHINGTON (Reuters) – Swedish mobile telecoms company Ericsson (ERICb.ST) has agreed to pay over $1 billion to resolve probes into…
China’s November trade surplus with U.S. at $24.60 billion vs $26.45 billion in October
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song BEIJING…
Mexico, U.S. draw closer to finalizing USMCA: source
FILE PHOTO: Trucks wait in a long queue for border customs control to cross into the U.S., in Tijuana, Mexico,…
China’s November coal imports slump 19% month-on-month on port curbs
FILE PHOTO: Trucks are parked next to a pile of coal on the bank of the Yalu River in Sinuiju,…
China November crude oil imports hit record high as refiners race to use up quotas
BEIJING (Reuters) – China’s crude oil imports hit a record high on a daily basis in November, as refiners operated…
China November exports fall, but import growth hints of recovering demand
BEIJING (Reuters) – China’s exports in November shrank for the fourth consecutive month, underscoring persistent pressures on manufacturers from the…
Japan’s markets watchdog likely to recommend $22 million fine against Nissan: NHK
FILE PHOTO: A Nissan logo is pictured at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su…
Jeff Bezos says Amazon wants to work more with the Pentagon
SIMI VALLEY, Calif. (Reuters) – Amazon.com Inc founder Jeff Bezos said it would support the U.S. Department of Defense as…
Britain’s Tesco considers Asia exit
LONDON (Reuters) – Britain’s biggest retailer, Tesco (TSCO.L), has signaled a further retreat from its once lofty global ambitions by…
U.S. banks’ reluctance to lend cash may have caused repo shock: BIS
LONDON (Reuters) – The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand…
VW’s German plants need to shape up, says production chief
FILE PHOTO: A worker makes final checks on an e-Golf electric car at the new production line of the Transparent…
Proxy adviser ISS opposes plan by Hudson’s Bay chairman to take firm private
(Reuters) – Institutional Shareholder Services said on Friday it recommends shareholders vote against a plan by the chairman of Hudson’s…
Tesla boss Elon Musk wins defamation trial over his ‘pedo guy’ tweet
LOS ANGELES (Reuters) – Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as…
Saudi, Russia push through deeper new oil cuts
(Reuters) – Saudi Arabia and Russia spearheaded a deal on Friday in which OPEC and its allies committed to some…
Exclusive: China’s Dongfeng plans partial sale of PSA stake – sources
The logo of Dongfeng Motor Corp is pictured at the Auto China 2016 auto show in Beijing, China, April 26,…
Trump says meetings, talks with China going well
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday the United States is having meetings and discussions with China…
Saudi Aramco shares priced at top of range in world’s biggest IPO
FILE PHOTO: A sign of Saudi Aramco’s initial public offering (IPO) is seen during a news conference by the state…
Saudi Aramco says IPO priced at top to make it world’s biggest IPO
RIYADH/DUBAI (Reuters) – State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its…
FACTBOX: Saudi Aramco: the oil colossus
DUBAI (Reuters) – State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its…
Trump upbeat on U.S.-China talks as Beijing underscores tariff-cut demands
WASHINGTON/BEIJING (Reuters) – U.S.-China trade talks are “moving right along,” President Donald Trump said on Thursday, striking an upbeat tone…
Factbox: Alphabet’s ‘Other bets’ in focus as Google’s Pichai takes helm
(Reuters) – Google Chief Executive Officer Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, heralding a…
Google co-founders step aside as Pichai takes helm of parent Alphabet
SAN FRANCISCO (Reuters) – Google co-founders Larry Page and Sergey Brin are stepping aside as leaders of the Internet behemoth…
BlackRock global active equities chief to leave firm over relationship with colleague
(Reuters) – Mark Wiseman, global head of active equities at BlackRock Inc (BLK.N), is leaving the firm following a violation…
GM, LG Chem to build $2.3 billion electric vehicle battery plant in Ohio
WARREN, Mich. (Reuters) – General Motors Co (GM.N) and South Korea’s LG Chem (051910.KS) said on Thursday they will invest…
Airbus faces delivery challenge, poised to win jet order race
PARIS (Reuters) – Airbus (AIR.PA) must hand a record number of aircraft to customers in December to meet delivery goals,…
Global stocks falter on trade uncertainty; sterling gains
NEW YORK (Reuters) – The dollar slid and global equity markets traded little changed on Thursday as enthusiasm over Apple…
Huawei mounts legal challenge against FCC over rural carrier customers
SHENZHEN, China (Reuters) – China’s Huawei mounted a legal challenge against the U.S. Federal Communications Commission (FCC) on Thursday after…
United Auto Workers union names reformer Gamble president until 2022
(Reuters) – The United Auto Workers international executive board on Thursday named acting president Rory Gamble to head the union…
Wall Street inches higher as Dec. 15 tariff deadline looms
NEW YORK (Reuters) – Wall Street eked out slight gains on Thursday as investors waited for concrete news on a…
Boeing says 737 MAX approval delays could hit production
SEATTLE (Reuters) – Significant additional regulatory requirements or delays in returning Boeing Co’s (BA.N) 737 MAX to commercial service could…
Timeline: Saudi Aramco’s winding road to an IPO
(Reuters) – State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative…
Wall Street bides its time, awaiting news from trade front
NEW YORK (Reuters) – Wall Street was largely unchanged on Thursday as market participants stayed on the sidelines, awaiting further…
No apology to Elon Musk from British diver at ‘pedo guy’ defamation trial
LOS ANGELES (Reuters) – The British cave explorer suing Elon Musk for calling him a “pedo guy” on Twitter testified…
Saudi Aramco prices shares at top of range in world’s biggest IPO
DUBAI/RIYADH Reuters) – State-owned oil giant Saudi Aramco’s initial public offering (IPO) will be the biggest in history, but will…
Facebook sues ILikeAd, alleges ad fraud
(Reuters) – Facebook Inc (FB.O) on Thursday sued a Hong Kong company that it said baited people into clicking on…
China’s November factory activity unexpectedly expands at quickest pace in almost three years: Caixin PMI
BEIJING (Reuters) – China’s factory activity unexpectedly expanded at the quickest pace in almost three years in November, with solid…
Tesla move will draw further companies into Germany: state premier
A flagstore shop of electric carmaker Tesla is pictured in Berlin, Germany, November 13, 2019. REUTERS/Fabrizio Bensch FRANKFURT (Reuters) –…
China’s factory activity unexpectedly returns to growth in November
BEIJING (Reuters) – Factory activity in China unexpectedly returned to growth in November for the first time in seven months,…
Euro zone inflation rises quicker than expected in November
BRUSSELS/FRANKFURT (Reuters) – Euro zone inflation accelerated faster than expected in November on a rise in food and services prices,…
Fiat Chrysler, PSA tell employees they will sign merger agreement in coming weeks
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May…
Activist investors to pressure privately held Palantir on human rights
(This November 22 story in fifth paragraph, corrects name to Alger from Alger Capital) FILE PHOTO: Activists protest outside the…
Australia’s Westpac loses top two executives in money-laundering scandal
(Reuters) – Australia’s Westpac Banking Corp (WBC.AX) said on Tuesday its CEO will step down and its chairman will bring…
House Democrats see progress on U.S.-Mexico-Canada trade deal, passage possible this year
WASHINGTON (Reuters) – U.S. House Democrats said on Thursday they ironed out some differences with the White House over a…
U.S.-based chip-tech group moving to Switzerland over trade curb fears
SAN FRANCISCO/WASHINGTON (Reuters) – A U.S.-based foundation overseeing promising semiconductor technology developed with Pentagon support will soon move to Switzerland…
Asian stocks rise as trade talks gain momentum
TOKYO (Reuters) – Asian stocks rose on Tuesday as an apparent olive branch from Beijing in trade talks with Washington…
Going whole hog: U.S. tells exporters to report pig carcass sales as China buying soars
CHICAGO (Reuters) – The U.S. Department of Agriculture said on Monday that commodity exporters must disclose sales of hog carcasses,…
Fed’s Powell: Monetary policy well positioned to support strong labor market
PROVIDENCE, R.I. (Reuters) – Monetary policy is “well positioned” to support the strong labor market, which is just now starting…
Oil prices steady amid hopes for U.S.-China trade deal
FILE PHOTO: Oil pump jacks at sunset near Midland, Texas, U.S., August 21, 2019. REUTERS/Jessica Lutz/File Photo TOKYO (Reuters) –…
CBS ordered to disclose internal records on Viacom deal
(Reuters) – A Delaware judge on Monday ordered broadcaster CBS Corp to turn over records regarding its plan to reunite…
U.S. securities regulator proposes new rules on use of derivatives in exchange traded funds
WASHINGTON (Reuters) – The U.S. securities regulator on Monday proposed new regulations for the use of derivatives by investment funds…