BMW picks Oliver Zipse as new CEO
FRANKFURT (Reuters) – BMW (BMWG.DE) said Oliver Zipse will become chief executive on Aug. 16, picking the 55-year-old manufacturing expert…
U.S. Justice Department may sue to block Sprint, T-Mobile merger: source
WASHINGTON (Reuters) – The U.S. Justice Department has told T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) to wrap up…
Netflix sinks on subscriber losses, analysts still see growth
(Reuters) – Wall Street brokerages stuck to a positive outlook on Netflix Inc (NFLX.O) on Thursday, betting that a strong…
U.S. solar sector launches lobbying push to preserve key subsidy
(Reuters) – The U.S. solar industry on Wednesday kicked off a lobbying push aimed at convincing Congress to extend a…
Stocks gain on Fed rate cut optimism; oil drops
NEW YORK (Reuters) – A gauge of global stocks advanced on Thursday, erasing declines on a late rally after comments…
Malnutrition, disease kill at least 139 displaced in Indonesia’s Papua – group
JAKARTA (Reuters) – Thousands of people in Indonesia’s easternmost province of Papua have been displaced by fighting between soldiers and…
Amazon U.S. rivals get sales boost on Prime Day: Adobe
(Reuters) – Several large U.S. retailers recorded higher sales on the first day of Amazon.com Inc’s Prime Day shopping event…
UAW president to GM: We invested in you, now invest in us
DETROIT (Reuters) – The UAW and General Motors Co (GM.N) on Tuesday formally kicked off contract talks, with the union’s…
Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup
BEIJING (Reuters) – Tesla Inc (TSLA.O) has dropped the standard-range variants of its Model X and Model S from its…
Bitcoin tumbles as U.S. senators grill Facebook on crypto plans
LONDON (Reuters) – The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value after U.S.…
Exclusive: Canada set to postpone Huawei 5G decision to after vote, given sour ties with China – sources
OTTAWA (Reuters) – Canada is likely to postpone a decision on whether to allow China’s Huawei Technologies Co Ltd to…
Oil prices down on dwindling storm impact, Chinese economic data
NEW YORK (Reuters) – Oil prices sank about 1% on Monday on signs that the impact of a tropical storm…
Trump sees slowing Chinese growth pressuring Beijing on trade
WASHINGTON (Reuters) – U.S. President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S.…
China data steadies stocks as U.S. earnings get underway
NEW YORK (Reuters) – A gauge of global stocks rose modestly on Monday after economic data from China came in…
On the menu soon: lab-grown steak for eco-conscious diners
REHOVOT, Israel (Reuters) – Diners in some upmarket restaurants will soon be able to tuck into laboratory-grown steak, thanks to…
Volkswagen zooms ahead in extension of alliance with Ford to electric, automated cars
, NEW YORK (Reuters) – Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE) said they will spend billions of dollars…
AB InBev pulls Budweiser listing, canceling year’s largest IPO
HONG KONG/NEW YORK/BRUSSELS (Reuters) – Anheuser-Busch InBev said on Friday it will not proceed with the planned listing in Hong…
Trump administration freezing fuel efficiency penalties
WASHINGTON (Reuters) – The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama…
Cargill shuts animal-feed mills in China as fatal hog disease spreads
CHICAGO (Reuters) – Cargill Inc shuttered animal-feed mills in China in recent months partly because the rapid spread of a…
Indivior loses appeal to block generic Suboxone opioid treatments
(Reuters) – A divided federal appeals court on Friday ruled against Indivior Plc in its bid to stop Dr. Reddy’s…
Cargill quarterly profit dives 41% on trade tensions, U.S. floods
CHICAGO (Reuters) – Global commodities trader Cargill Inc reported a 41% drop in adjusted quarterly profit on Thursday, citing supply…
European startups navigate long, winding road to self-driving future
OXFORD, England (Reuters) – Far from the sunny, wide streets of Phoenix, where Waymo’s self-driving taxis ply their trade, a…
June imports fall at top U.S. hub for China ocean trade
LOS ANGELES (Reuters) – The Los Angeles and Long Beach port complex, the nation’s busiest and the No. 1 for…
Ford, Volkswagen promise details on electric, autonomous vehicle alliance
HAMBURG/DETROIT (Reuters) – Ford Motor Co and Volkswagen AG (VOWG_p.DE) said on Thursday they are expanding their global alliance announced…
Lawmakers seek scientific review of plan to tightly regulate all fentanyl copycats
WASHINGTON (Reuters) – Lawmakers on the U.S. Senate Judiciary Committee have urged the Trump administration to conduct a scientific review…
Trump administration drug officials clash over how to combat fentanyl copycats
WASHINGTON (Reuters) – Trump administration officials are divided over part of a proposal to crack down on illicit versions of…
Mental health issues in Hong Kong surging amid tumultuous protests, experts say
HONG KONG (Reuters) – Stress and trauma over the political turmoil surrounding Hong Kong’s extradition bill has created an unprecedented…
Bulgaria reports six new outbreaks of African swine fever
SOFIA (Reuters) – Bulgaria has reported new outbreaks of African swine fever among backyard pigs in six villages in the…
GM, Ford quarterly China sales slide again amid economy woes
BEIJING (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) announced their quarterly sales in China fell, albeit…
Warning light flashing for Slovakia’s auto industry
BRATISLAVA/PRAGUE (Reuters) – When David landed an assembly line job at Volkswagen’s (VOWG_p.DE) Bratislava factory, his colleagues congratulated him on…
Exclusive: U.S. clears SoftBank’s $2.25 billion investment in GM-backed Cruise
(Reuters) – Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S.…
India’s PNB says detects 38 billion rupee fraud
People walk past Punjab National Bank’s Brady House branch in Mumbai, India June 14, 2018. REUTERS/Francis Mascarenhas MUMBAI (Reuters) –…
U.S. asks federal court to throw out Huawei lawsuit
The Huawei logo is pictured on the company’s stand during the ‘Electronics Show – International Trade Fair for Consumer Electronics’…
China says African swine fever cases slowing; pig output returning
BEIJING (Reuters) – The number of fresh outbreaks of African swine fever in China has dropped this year and pig…
White House’s Navarro says China trade deal will take time: CNBC
WASHINGTON (Reuters) – White House trade adviser Peter Navarro said on Tuesday U.S. trade talks with China are heading in…
U.S. June sales a mixed bag for automakers; SUVs, trucks still strong
(Reuters) – Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still…
Weak economic data, tariff concerns weigh on stocks globally
NEW YORK (Reuters) – Modest gains in U.S. stocks helped global equity indices edge higher on Tuesday as investors weighed…
U.N. aviation agency to review global pilot training in shadow of 737 MAX crashes
MONTREAL (Reuters) – Global regulators will meet in Montreal next week to review pilot licensing requirements, the U.N.’s aviation agency…
After explosions, Brazil power transmission companies remove GE equipment
SAO PAULO (Reuters) – After an unusual number of explosions, several Brazilian power transmission companies have started removing a piece…
Trump says any China trade deal would need to be somewhat tilted in U.S. favor
WASHINGTON (Reuters) – President Donald Trump said on Monday that trade talks with China were under way and any deal…
Trump says China trade talks ‘back on track,’ new tariffs on hold
OSAKA (Reuters) – The United States and China agreed on Saturday to restart trade talks after President Donald Trump offered…
Oil prices slip as demand worries outweigh OPEC supply cuts
SINGAPORE (Reuters) – Oil prices slipped on Tuesday as worries that a weakening global economy would dent demand for the…
Brookfield, GIC to buy Genesee & Wyoming for about $6.4 billion
FILE PHOTO: People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield…
Asian shares cautious as weak manufacturing data stoke growth worries
SHANGHAI (Reuters) – Asian shares were choppy on Tuesday as weak global manufacturing activity reinforced worries about slowing world growth,…
Russia, Saudi deal shows commitment to oil market stability: Novak
FILE PHOTO: Russian Energy Minister Alexander Novak attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia June…
Russia agrees with Saudi Arabia to extend OPEC+ oil output deal
OSAKA/VIENNA (Reuters) – Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC…
China warns of long road ahead for deal with U.S. after ice-breaking talks
BEIJING/OSAKA (Reuters) – China and the United States will face a long road before they can reach a deal to…
Deutsche Bank in wealth management hiring spree
LONDON (Reuters) – Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by…
Preserve your ammunition, BIS urges top central banks
LONDON (Reuters) – Bank for International Settlements (BIS) chief Agustin Carstens has urged top central banks to preserve their ammunition…
Vietnam, EU sign landmark free trade deal
Hanoi (Reuters) – The European Union signed a landmark free trade deal with Vietnam on Sunday, the first of its…
White House official: New sales to China’s Huawei to cover only widely available goods
WASHINGTON (Reuters) – President Donald Trump’s decision to allow expanded sales of U.S. technology supplies to Chinese telecommunications giant Huawei…
Global stocks enjoy relief rally in Asia, bonds retreat
SYDNEY (Reuters) – Stocks rallied while bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute…
From shrimp to fake eyelashes, social media sales soar in Facebook-friendly Thailand
SATUN, Thailand (Reuters) – The son of a Thai fisherman, Anurak Saruethai never really took to life at sea. But…
China tightens vaccine management after scandals
FILE PHOTO – A nurse prepares a vaccine to be given to a child in a hospital in Beijing, China,…
Swine fever toll in China may be twice as high as reported, industry insiders say
BEIJING (Reuters) – As many as half of China’s breeding pigs have either died from African swine fever or been…
India asks its states not to partner with Philip Morris-funded foundation
NEW DELHI (Reuters) – India’s health ministry has asked all state governments in the country not to partner with the…