Diet Dr Pepper does not promise weight loss or deceive consumers: U.S. appeals court
(Reuters) – A U.S. federal appeals court on Monday said the maker of Diet Dr Pepper did not deceive consumers…
EU seeks reset in trade talks with U.S. – trade chief Hogan
FILE PHOTO: European Trade Commissioner-designate Phil Hogan of Ireland attends his hearing before the European Parliament in Brussels, Belgium September…
Egypt competition watchdog approves Uber acquisition of Careem with conditions
CAIRO (Reuters) – Egyptian regulators have approved Uber’s $3.1 billion acquisition of regional rival Careem after agreeing to a set…
Tim Hortons President Alex Macedo to leave next year
FILE PHOTO: A Tim Hortons logo is pictured in Montreal, Quebec, Canada, October 18, 2019. REUTERS/Carlo Allegri (Reuters) – Restaurant…
Prosecutors claim Avenatti was over $15 million in debt during alleged Nike extortion
(Reuters) – California attorney Michael Avenatti, known for representing porn actress Stormy Daniels in a lawsuit against U.S. President Donald…
Record online sales give U.S. holiday shopping season a boost: report
(Reuters) – U.S. shoppers spent more online during this year’s holiday shopping season, a report by Mastercard Inc (MA.N) showed…
Roche enters $1.15 billion licensing deal for Sarepta gene therapy
FILE PHOTO: The logo of Swiss drugmaker Roche is seen at its headquarters in Basel, Switzerland February 1, 2018. REUTERS/Arnd…
Manager of McDonald’s franchise in Peru says faulty drinks machine caused deaths
LIMA (Reuters) – The general manager of the company that operates McDonald’s restaurants in Peru told local television that the…
Senior U.S. lawmaker to seek testimony of Wells Fargo’s board
WASHINGTON (Reuters) – Wells Fargo’s board of directors will be called to testify before Congress about the bank’s numerous scandals…
Explainer: How the 737 MAX production freeze affects airlines across the globe
SYDNEY/CHICAGO (Reuters) – Boeing Co has decided to suspend production of its best-selling 737 MAX model from January, the plane…
Telenor says Huawei will still play role in 5G rollout
BRUSSELS (Reuters) – Telenor (TEL.OL) will use equipment from Huawei in building Norway’s 5G network, the telecoms operator said on…
Aramco shares up 1.6% in third consecutive day of gains
FILE PHOTO: Participants attend the official ceremony marking the debut of Saudi Aramco’s initial public offering (IPO) on the Riyadh’s…
California governor rejects PG&E bankruptcy reorganization plan
(Reuters) – California Governor Gavin Newsom on Friday rejected a bankruptcy reorganization plan submitted by PG&E Corp (PCG.N), the state’s…
U.S. Justice Department preparing legal action against Live Nation: source
FILE PHOTO: A general view of the Department of Justice building is seen in Washington, U.S., April 18, 2019. REUTERS/Amr…
Exclusive: Hudson’s Bay Co’s take-private deal falls short in shareholder vote – sources
(Reuters) – Saks Fifth Avenue owner Hudson’s Bay Co (HBC.TO) has fallen short of securing enough shareholder support for a…
Bristol-Myers wins $752 million in U.S. patent case against Gilead
FILE PHOTO: Logo of global biopharmaceutical company Bristol-Myers Squibb is pictured on the blouse of an employee in Le Passage,…
Biogen scraps development of therapy for rare brain disease
(Reuters) – Biogen Inc said on Friday it would discontinue the development of its experimental therapy for a rare brain…
U.S. agency probes 12th Tesla crash tied to possible Autopilot use
TFILE PHOTO: he company logo is pictured on a Tesla Model X electric car in Berlin, Germany, November 13, 2019.…
CVS to increase genetic testing for some cancer patients
(This December 12 story corrects to Missouri from Montana in last paragraph) By Caroline Humer and Julie Steenhuysen NEW YORK…
U.S. FDA approves Tandem’s predictive insulin pump software
CHICAGO (Reuters) – The U.S. Food and Drug Administration on Friday granted approval for Tandem Diabetes Care’s software program that…
Sarepta shares surge after surprise approval of Duchenne Muscular Dystrophy drug
(Reuters) – Shares of Sarepta Therapeutics Inc (SRPT.O) soared 36% on Friday after U.S. regulators shocked Wall Street by approving…
U.S. FDA gives early approval to Sarepta’s newest DMD treatment
FILE PHOTO: The headquarters of the U.S. Food and Drug Administration (FDA) is seen in Silver Spring, Maryland November 4,…
Airbus beats Boeing to become preferred supplier for Qantas Sydney-London flights
SYDNEY (Reuters) – Qantas Airways Ltd (QAN.AX) said on Friday is has chosen Airbus SE (AIR.PA) as preferred supplier for…
Saudi Aramco tops Crown Prince’s $2 trillion goal as shares surge
DUBAI/RIYADH (Reuters) – Saudi Aramco (2222.SE) topped the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman…
GM, doubling down on big SUVs, unveils longer Chevy Tahoe, Suburban
DETROIT (Reuters) – General Motors Co (GM.N) could expand the lineup of vehicles using its large truck and sport utility…
U.S. Supreme Court justices lean toward insurers on $12 billion Obamacare claims
WASHINGTON (Reuters) – U.S. Supreme Court justices on Tuesday appeared sympathetic to claims made by health insurers seeking $12 billion…
Choppy markets leave U.S. bank bonus decisions in limbo
NEW YORK (Reuters) – December is always a month of suspense on Wall Street, as dealmakers, traders and money managers…
Bankrupt PG&E reaches $13.5 billion settlement with California wildfire victims
(Reuters) – California’s bankrupt power producer PG&E Corp (PCG.N) said on Friday it had reached a $13.5 billion settlement with…
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 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…
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…
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…
Half of lymphoma patients alive three years after Gilead cell therapy treatment: study
(Reuters) – Nearly half of lymphoma patients treated with Gilead Sciences Inc’s Yescarta were alive at least three years after…
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,…
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…
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,…
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…
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…
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…