Oil weighed down by record Saudi output; markets eye G20, OPEC meetings
SINGAPORE (Reuters) – Record Saudi oil production pulled down crude prices on Tuesday amid cautious trading ahead of the G20…
Explainer: The Ghosn affair and Renault-Nissan’s uneasy relationship
PARIS (Reuters) – Nissan’s (7201.T) board ousted Chairman Carlos Ghosn on Thursday following the auto industry star’s arrest in Japan…
France, Japan reaffirm support for Renault-Nissan alliance
The Renault automaker company logo is displayed on a dealership in Paris France, November 21, 2018. REUTERS/Gonzalo Fuentes PARIS (Reuters)…
Nissan ends Ghosn’s two-decade reign with last-minute Renault backing
YOKOHAMA, Japan/PARIS (Reuters) – Nissan’s (7201.T) board voted unanimously to oust Chairman Carlos Ghosn over allegations of financial misconduct, after…
New blow to China as African swine fever found in wild boar
BEIJING (Reuters) – China’s efforts to stem the spread of African swine fever were dealt a fresh blow on Friday…
Juul Labs to pull sweet e-cig flavors to curb youth use
(Reuters) – Juul Labs Inc, the U.S. market leader for electronic cigarettes, said on Tuesday it will pull popular flavors…
Spenders or thrifters: As Singles’ Day nears, are China’s shoppers about to drop?
SHANGHAI (Reuters) – China is gearing up for the biggest shopping event of the year on Sunday, a day dominated…
China’s Sinopec signs purchase agreements worth $45.6 billion at Shanghai Expo
The company logo of China’s Sinopec Corp is displayed at a news conference in Hong Kong, China March 26, 2018.…
Wall Street futures, Asia stocks jump back on GOP’s house prospects
TOKYO (Reuters) – Wall Street stock futures and Asian shares erased losses to eke out small gains on Wednesday as…
Trade war, spy claims cloud horizon for China airshow
SHANGHAI/BEIJING (Reuters) – Trade frictions with the United States and accusations of industrial espionage are set to cast a cloud…
India iPhone sales to fall for first time in four years: researcher
FILE PHOTO – A salesperson speaks on the phone at an Apple reseller store in Mumbai, India July 27, 2018.…
One trillion yuan: China state carmaker FAW gains huge credit line
BEIJING/SHANGHAI (Reuters) – China’s state-owned automaker FAW Group said it signed a deal with 16 banks for a credit line…
China reports new African swine fever outbreak in Guizhou province
BEIJING (Reuters) – China reported a new African swine fever outbreak in the province of Guizhou on Thursday. The new…
Slump persists, China fails to stimulate markets hobbled by pledged shares
SHANGHAI (Reuters) – China is struggling to restore confidence in its stock markets, which are being weighed down by a…
J&J makes $2.1 billion offer to buy out Japan cosmetics firm Ci:z
TOKYO (Reuters) – U.S. healthcare conglomerate Johnson & Johnson (JNJ.N) said on Tuesday it is acquiring all outstanding shares of…
Philips CEO says Brexit putting Britain at risk as manufacturing hub
AMSTERDAM (Reuters) – The chief executive of Philips (PHG.AS) said on Monday he was worried about the lack of progress…
Fiat Chrysler agrees to sell Magneti Marelli to Calsonic Kansei: sources
MILAN/LONDON (Reuters) – Fiat Chrysler (FCHA.MI) (FCA) has agreed to sell its Magneti Marelli unit to KKR’s (KKR.N) Calsonic Kansei,…
MUFG says bank’s CEO will not attend Saudi conference
TOKYO (Reuters) – The CEO of Mitsubishi UFJ Financial Group’s banking arm will not attend the Future Investment Initiative conference…
UBS warns staff over China travel after banker held in Beijing: source
HONG KONG (Reuters) – Swiss bank UBS Group AG. (UBSG.S) has asked its China wealth management staff to reconsider their…
Euro, pound rally on Brexit concession; global stocks dip
NEW YORK (Reuters) – Stocks dipped on Friday, dragging a global index into a fourth consecutive weekly loss, while the…
China moves to lift confidence as economic growth hits weakest pace since 2009
BEIJING (Reuters) – China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving…
Dividend windfall: Santander latest target in Germany’s giant fraud probe
FRANKFURT (Reuters) – Spain’s Santander (SAN.MC) is the latest bank to be caught up in Germany’s biggest post-war fraud investigation…
Asia shares ride Wall Street bounce, China muted
SYDNEY (Reuters) – Asian equities got some welcome relief on Wednesday after upbeat U.S. earnings reports drove a rebound on…
Daimler, BMW offer concessions to ease EU concerns on car-sharing deal
BRUSSELS (Reuters) – German luxury carmakers Daimler (DAIGn.DE) and BMW (BMWG.DE) have offered concessions to address EU antitrust concerns about…
China’s Dabeinong reports suspected African swine fever case on related farm: media
BEIJING (Reuters) – One of China’s top animal feed producers said on Tuesday an affiliated firm has culled nearly 20,000…
Unwelcome guest: U.S. tariffs loom at China’s biggest trade fair
BEIJING (Reuters) – Amid gathering gloom over the state of the Chinese economy, exporters of motorcycles, tractors, photocopiers and Christmas…
Exclusive: HNA held talks with Ant, others as it weighs options for IT unit Pactera – sources
HONG KONG (Reuters) – China’s HNA Group is exploring an outright sale and other options for its IT outsourcing unit…
U.S. to seek currency chapters in trade talks with Japan, others: Mnuchin
NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday that Washington wants to include a provision…
Australia gives $37-million boost to spending on youth mental health
MELBOURNE (Reuters) – Australia will spend an extra A$51.8 million ($37 million) on support to young people with mental health…
Mnuchin says U.S. will seek currency provision in trade deal with Japan, others
NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday Washington would like to include a provision…
Mexico says new U.S. trade deal won’t block other economic relations
MEXICO CITY (Reuters) – Mexico’s Foreign Minister Luis Videgaray told his Chinese counterpart in a phone call on Saturday that…
China echoes IMF pledges to avoid using currency as trade war tool
NUSA DUA, Indonesia (Reuters) – China’s top central banker on Saturday pledged to keep the yuan currency’s value “broadly stable,”…
IMF members pledge to avoid using currencies as trade weapon
NUSA DUA, Indonesia (Reuters) – The International Monetary Fund said on Saturday its members pledged to refrain from competitive currency…
Mental health crisis could cost the world $16 trillion by 2030
LONDON (Reuters) – Mental health disorders are on the rise in every country in the world and could cost the…
Ford picks BBDO as lead creative agency in blow to Britain’s WPP
(Reuters) – Ford (F.N) has chosen Omnicom’s (OMC.N) BBDO as its lead creative advertising agency in a symbolic blow to…
Microsoft to invest in Southeast Asian ride-hailing firm Grab
SINGAPORE (Reuters) – Microsoft Corp is investing in Southeast Asian ride-hailing firm Grab as part of a partnership that the…
Walmart partners with MGM to boost video-on-demand service Vudu
NEW YORK (Reuters) – Walmart Inc (WMT.N) said on Monday it would partner with U.S. movie studio Metro Goldwyn Mayer…
Australia launches inquiry into mental health’s impact on productivity
MELBOURNE (Reuters) – Australia has commissioned an inquiry into the impact mental illness has on economic productivity, the government said…
EMA committee recommends restrictions on fluoroquinolone, quinolone antibiotics
(Reuters) – The European Medicines Agency’s risk assessment committee has recommended restrictions on the use of broad-spectrum antibiotics fluoroquinolone and…
Cadillac edges Tesla in semi-automated driving test
(Reuters) – General Motors Co’s (GM.N) Cadillac outscored Tesla Inc (TSLA.O) in a new ranking of partially automated driving systems…
Dollar and global bonds track surge in Treasury yields, stocks sag
LONDON (Reuters) – A rise in U.S. Treasury yields to their highest levels since mid-2011 pulled global bond yields higher…
Honda to invest $2.75 billion in GM’s Cruise self-driving unit
WARREN, Mich (Reuters) – Honda Motor Co Ltd (7267.T) will invest $2.75 billion in General Motors Co’s (GM.N) Cruise Automation,…
Exxon Mobil eyes multi-billion dollar investment at Singapore refinery: executive
SINGAPORE (Reuters) – Exxon Mobil Corp (XOM.N) is considering a multi-billion dollar investment at its Singapore refinery, the company’s largest,…
Oil near four-year high as Washington’s Iran sanctions loom
SINGAPORE (Reuters) – Oil markets were firm on Tuesday, with Brent crude holding near four-year highs reached the previous day…
Canadian dollar, stocks rise as NAFTA salvaged
LONDON (Reuters) – Optimism about a reconstituted free trade agreement among the United States, Canada and Mexico and what it…
China to lift restrictions where second African swine fever outbreak found
BEIJING (Reuters) – China is set to lift restrictions on an area in central Henan province, where the country’s second…
Knorr-Bremse discloses dispute with Bosch in IPO prospectus
MUNICH (Reuters) – German brake maker Knorr-Bremse has disclosed a contractual dispute with Robert Bosch GmbH ahead of a stock…
GM will recall more than 3.3 million vehicles in China: market regulator
BEIJING (Reuters) – General Motors’ joint venture in China, Shanghai GM, will recall more than 3.3 million Buick, Chevrolet and…
Oil above $80 lifts stocks, offsets trade and bond market chill
LONDON (Reuters) – European shares rose and Wall Street was set for a stronger open on Tuesday, as oil above…
The night a Chinese billionaire was accused of rape in Minnesota
MINNEAPOLIS/NEW YORK (Reuters) – With the Chinese billionaire Richard Liu at her Minneapolis area apartment, a 21-year-old University of Minnesota…
White House optimistic on China trade; no date for more talks
WASHINGTON (Reuters) – The United States is optimistic about finding a way forward in its trade dispute with China, but…
Diabetes drugs less affordable, less available in lower income countries
(Reuters Health) – People who live in low-income and middle-income countries may have a harder time finding and affording essential…
EU approves fifth copy of AbbVie’s $18 billion drug Humira
LONDON (Reuters) – Europe has approved a fifth copy of AbbVie’s $18-billion-a-year biologic drug Humira – the world’s best-selling prescription…
AstraZeneca plots China robot offensive to counter price cuts
WUXI, China/LONDON (Reuters) – With smart cancer diagnostics, one-stop-shop diabetes kits and AI systems to improve ambulance pick-ups for patients…
Headwinds before takeoff for new Thai Airways team
BANGKOK (Reuters) – Struggling national carrier Thai Airways International PCL is pinning hopes of a revival to its 1990s heyday…
Global shares knocked after new U.S. tariff threat on Chinese goods
LONDON (Reuters) – European share markets followed Asian counterparts lower on Monday as investors took fright at news Washington was…
Trump ‘likely’ to announce new China tariffs as early as Monday: source
WASHINGTON (Reuters) – U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports…
U.S. regulator approves Teva migraine drug, shares rise
(Reuters) – Shares of Israeli drugmaker Teva Pharmaceutical Industries rose over 5 percent in after-hours trading on Friday after the…