Alibaba shares trading 7.7% higher in Hong Kong debut
FILE PHOTO: A logo of Alibaba Group is seen at the company’s headquarters in Hangzhou, Zhejiang province, China, November 18,…
Musk suggests Tesla has 200,000 orders for Cybertruck
The Cybertruck, Tesla’s first electric pickup truck, is seen in this undated handout picture released by the company. Tesla/Handout via…
Exclusive: UniCredit clinches deal to cut exposure to Turkish lender Yapi Kredi – sources
ISTANBUL/LONDON/MILAN (Reuters) – UniCredit (CRDI.MI) has struck a deal to reduce its exposure to Turkey’s Yapi Kredi (YKBNK.IS), three sources…
Trump vague about whether he will veto bills that back Hong Kong protesters
WASHINGTON (Reuters) – U.S. President Donald Trump was vague on Friday about whether he would sign or veto legislation to…
Trump says administration to take ‘good look’ at Hong Kong rights bill
U.S. President Donald Trump participates in a listening session on youth vaping and the electronic cigarette epidemic inside the Cabinet…
Novartis nears deal to buy U.S. biotech firm Medicines Co for about $7 billion: WSJ
FILE PHOTO: Switzerland’s national flag flies in front of the logo of Swiss drugmaker Novartis in Basel, Switzerland, January 30,…
Canada’s use of Huawei 5G would hamper its access to U.S. intelligence: U.S. official
HALIFAX, Nova Scotia (Reuters) – The U.S. national security adviser urged Canada on Saturday not to use Huawei 5G technology,…
Still hope for U.S.-China deal this year: U.S. official
HALIFAX, Nova Scotia (Reuters) – United States national security adviser Robert O’Brien said on Saturday that an initial trade agreement…
Saudi central bank says Aramco IPO not causing liquidity issues for banks
RIYADH (Reuters) – Saudi Arabia’s central bank is monitoring banking indicators on a daily basis and is not seeing any…
Saudi Aramco markets IPO in Dubai after approaching Kuwait fund
DUBAI (Reuters) – Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying…
Japanese hotel group Unizo gets six new buyout offers
FILE PHOTO: The logo of Hotel Unizo, operated by Japanese hotel operator Unizo Holdings, is seen at the entrance of…
Amazon to open store on China’s Pinduoduo marketplace on November 25: source
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, November 5, 2019. REUTERS/Pascal…
France’s LVMH close to buying Tiffany after sweetening offer: sources
(Reuters) – LVMH (LVMH.PA) is close to buying U.S. jewelry chain Tiffany & Co (TIF.N) for about $16.3 billion after…
Finnair cancels 276 flights as unions join solidarity strike
HELSINKI (Reuters) – Finland’s national airline Finnair (FIA1S.HE) said on Sunday it was forced to cancel 276 flights scheduled for…
Novartis to buy U.S. biotech The Medicines Co. for $9.7 billion
ZURICH (Reuters) – Novartis AG (NOVN.S) is buying U.S. biotechnology company The Medicines Co (MDCO.O) for about $9.7 billion, the…
SoftBank to go ahead with WeWork stock tender offer this week
NEW YORK/BANGALORE (Reuters) – SoftBank Group Corp (9984.T) will this week launch a previously agreed tender offer for as much…
Wall Street Week Ahead: Conditions may be set for Santa Claus rally
NEW YORK (Reuters) – (This November 22 story has been refiled to add dropped word in paragraph 12.) A year…
No ‘phase two’ U.S.-China deal on the horizon, officials say
WASHINGTON (Reuters) – An ambitious “phase two” trade deal between the United States and China is looking less likely as…
HP reiterates its rejection of Xerox’s offer to buy the company
FILE PHOTO: The company logo for Xerox is displayed on a screen on the floor of the New York Stock…
France’s 5G spectrum to be sold at floor price of 2.17 billion euros: minister
French Junior Economy Minister Agnes Pannier-Runacher poses after an interview with Reuters in Paris, France, October 15, 2019. REUTERS/Benoit Tessier…
Elon Musk: About 150,000 orders thus far for Tesla Cybertruck
Nov 21, 2019; Hawthorne, CA, U.S.A; Tesla CEO Elon Musk unveils the Cybertruck at the TeslaDesign Studio in Hawthorne, Calif.…
China attacks U.S. at G20 as the world’s biggest source of instability
BEIJING (Reuters) – The United States is the world’s biggest source of instability and its politicians are going around the…
Boeing’s top communications official to retire as 737 MAX crisis drags on
FILE PHOTO: A Boeing logo pictured during the European Business Aviation Convention & Exhibition (EBACE) at Geneva Airport, Switzerland, May…
U.S. watchdog backs Bezos’ protest over key Pentagon launch program
WASHINGTON (Reuters) – A U.S. watchdog on Monday backed a protest from Jeff Bezos’ space company that challenged the Pentagon’s…
Boeing to give Southwest board 737 MAX update this week
CHICAGO (Reuters) – Boeing Co (BA.N) this week will present to the board of its largest 737 MAX customer, Southwest…
Asia shares in waiting mode ahead of Fed, ECB events
SYDNEY (Reuters) – Asian share markets got the week off to a muted start on Monday as jaded investors awaited…
Warren proposes ‘corporate perjury’ law related to industry-funded research
WASHINGTON (Reuters) – U.S. Senator Elizabeth Warren on Tuesday proposed a new “corporate perjury” law that she would pursue if…
Dollar, stocks slip amid trade deal uncertainty
NEW YORK (Reuters) – The dollar slid and global equity markets fell on Monday after U.S. President Donald Trump’s remarks…
Adidas to close German, U.S. robot factories
FILE PHOTO: Prototypes of Futurecraft 3D shoe are pictured during a presentation of the first Adidas shoe from its new…
EasyJet buys Thomas Cook airport slots at Gatwick and Bristol for $46 million
FILE PHOTO: Passengers board an easyJet plane at Nantes-Atlantique airport in Bouguenais, near Nantes, France, April 4, 2019. REUTERS/Stephane Mahe/File…
LafargeHolcim says takes note of French court decision on Syria
FILE PHOTO: The logo of LafargeHolcim, the world’s largest cement maker, is seen at its headquarters in Zurich, Switzerland March…
Acting UAW head to examine ‘every inch’ of union in scandal’s wake
DETROIT (Reuters) – The acting head of the United Auto Workers (UAW) said on Wednesday that he will examine every…
Investors left exposed as Trump’s SEC gives America Inc helping hand
WASHINGTON (Reuters) – The United States’ top market cop is slowly taking the shackles off corporations. FILE PHOTO: FILE PHOTO:…
Apple pledges $2.5 billion to fight California housing crisis
(Reuters) – Apple Inc on Monday said it would commit $2.5 billion to easing a housing shortage that has driven…
Uber’s quarterly loss widens as costs rise; shares fall
(Reuters) – Uber Technologies Inc (UBER.N) on Monday posted a wider third-quarter loss as the company tries to outspend competitors…
Comcast launches tools to improve ad targeting on TV
FILE PHOTO: The Comcast NBC logo is shown on a building in Los Angeles, California, U.S. June 13, 2018. REUTERS/Mike…
Caterpillar lays off 120 workers as trade war hits sales
CHICAGO (Reuters) – Caterpillar Inc (CAT.N) has laid off 120 temporary workers at a plant in Texas following its decision…
U.S. Supreme Court rejects Charter appeal of Sprint patent verdict
FILE PHOTO: The U.S. Supreme Court building is pictured in Washington, U.S., March 20, 2019. REUTERS/Leah Millis WASHINGTON (Reuters) –…
Stocks gain on trade hopes, risk appetite lifts dollar
NEW YORK (Reuters) – The dollar strengthened and global stock markets rallied on Monday on signs the United States and…
Indexes hit closing records amid further trade deal optimism
NEW YORK (Reuters) – All three major U.S. stock indexes posted record closing highs on Monday, extending a recent run…
SoftBank to tighten governance at start-ups after WeWork debacle: FT
FILE PHOTO: The logo of SoftBank Group Corp is displayed at the SoftBank World 2017 conference in Tokyo, Japan, July…
U.S. House Democrats to continue probe after Boeing testimony
WASHINGTON (Reuters) – The chairman of the U.S. House Transportation and Infrastructure Committee and the head of its aviation subcommittee…
U.S. considers dropping some tariffs on China: FT
FILE PHOTO: A U.S. dollar banknote featuring American founding father Benjamin Franklin and a China’s yuan banknote featuring late Chinese…
Uber’s quarterly loss widens as costs rise; shares fall sharply
(Reuters) – Uber Technologies Inc (UBER.N) on Monday posted a wider third-quarter loss as costs soared at the ride-hailing company,…
Asian shares rally on U.S.-China trade deal hopes
TOKYO (Reuters) – Asian shares closed in on their July peak on Tuesday on increasing signs the United States and…
China pushing Trump to remove more tariffs ahead of trade deal: media
FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks…
Under Armour cuts revenue forecast; federal probe weighs on shares
(Reuters) – Under Armour Inc (UA.N) (UAA.N) on Monday cut its forecast for annual revenue for a second time this…
UAW union president takes leave of absence under cloud of U.S. federal probe
DETROIT (Reuters) – The president of the United Auto Workers union, who has been linked here to an ongoing corruption…
U.S.-China trade deal in sight after progress in high-level talks
WASHINGTON (Reuters) – The United States and China on Friday said they made progress in talks aimed at defusing a…
Encana plans move to the U.S., changes name
FILE PHOTO: Encana offices is pictured in Parachute, Colorado, U.S. on December 10, 2014. REUTERS/Jim Urquhart/File Photo (Reuters) – Canadian…
Lyft sees ‘path to profitability’ as riders, revenues increase
(Reuters) – Ride-hailing company Lyft Inc (LYFT.O) on Wednesday said higher-than-expected third-quarter revenues and an improved outlook showed it was…
Aramco IPO will come soon, Saudi crown prince to decide: energy minister
FILE PHOTO: The Saudi Aramco logo pictured at the company’s oil facility in Abqaiq, Saudi Arabia, October 12, 2019. REUTERS/Maxim…
UAW turns to Ford after GM workers approve new contract
DETROIT/WASHINGTON (Reuters) – The United Auto Workers union said on Friday it has chosen Ford Motor Co (F.N) as the…
Indonesia report on 737 MAX crash faults Boeing design, says Lion Air made mistakes
JAKARTA (Reuters) – Boeing (BA.N), acting without adequate oversight from U.S. regulators, failed to grasp risks in the design of…
U.S. Treasury temporarily blocks creditor seizure of refiner Citgo
CARACAS (Reuters) – The United States on Thursday temporarily blocked a creditor seizure of Citgo, a win for political leaders…