Exclusive: KKR, China’s Tencent eyeing bids for Universal Music – sources
LONDON (Reuters) – U.S. buyout fund KKR and China’s Tencent Music Entertainment Group are exploring rival bids for up to…
A Fed pivot, born of volatility, missteps, and new economic reality
WASHINGTON (Reuters) – The Federal Reserve’s promise in January to be “patient” about further interest rate hikes, putting a three-year-old…
Exclusive: Fed’s Williams says new economic outlook necessary for rate hikes
NEW YORK (Reuters) – New York Fed President John Williams on Tuesday said he was comfortable with the level U.S.…
Qatar’s real estate market faces reality check ahead of World Cup
DOHA/DUBAI (Reuters) – Qatar’s Doha Tower, a spike-tipped cylinder that glows orange at night, won an award when finished in…
Exclusive: Tesla’s delivery team gutted in recent job cuts – sources
SAN FRANCISCO (Reuters) – When Tesla Inc announced last month a second round of job cuts to rein in costs,…
After damaging Reuters report, J&J doubles down on talc safety message
NEW YORK/LOS ANGELES (Reuters) – Johnson & Johnson Inc’s statement was unequivocal. FILE PHOTO: Bottles of Johnson & Johnson baby…
J&J kept a guiding hand on talc safety research
LOS ANGELES (Reuters) – Johnson & Johnson developed a strategy in the 1970s to deal with a growing volume of…
Special Report: J&J knew for decades that asbestos lurked in its Baby Powder
LOS ANGELES (Reuters) – Darlene Coker knew she was dying. She just wanted to know why. Darlene Coker is shown…
BioMarin sets stage early for hemophilia cure off-Broadway
(This version of the November 21st story has been refiled to show in paragraph 23 that Sangamo Therapeutics has six…
U.S. regulators snip red tape for medical devices to curb opioid crisis
(Reuters) – Laura Perryman expected her medical company, Stimwave Technologies Inc, would have to wait several years for its painkilling…
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…
Machines take the blame as U.S. stock market sells off
NEW YORK (Reuters) – Investors searching for perpetrators and victims in this week’s U.S. stock market selloff pointed to a…
Danske shares slide as U.S. criminal inquiry spooks investors
COPENHAGEN (Reuters) – Danske Bank’s (DANSKE.CO) deepening money laundering scandal dragged its shares to a four-year low on Friday as…
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…
Special Report: Juul copycats flood e-cig market, despite FDA rule
(Reuters) – The sleek Juul electronic cigarettes have become a phenomenon at U.S. high schools, vexing educators and drawing regulatory…
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…
In India, Google races to parry the rise of Facebook
SAN FRANCISCO/MUMBAI (Reuters) – Google retains only a slight lead over Facebook in the competition for digital ad dollars in…
Trade war threatens reign of luxury stocks
LONDON/PARIS (Reuters) – An escalating trade war between the United States and China could abruptly end a glittering stock market…
Ding! Alibaba office app fuels backlash among some Chinese workers
BEIJING/HANGZHOU, China (Reuters) – In the cramped former home of Jack Ma, founder of the Chinese e-commerce giant Alibaba, about…
Walmart stumbles with its ‘last mile’ package delivery plan
EAST BRUNSWICK, N.J. (Reuters) – Standing before an audience of 14,000 people last year, Walmart Inc executives described a radical…
J&J vows to overturn $4.7 billion talc verdict but experts see hurdles
NEW YORK (Reuters) – Johnson & Johnson has vowed to appeal a $4.7 billion verdict awarded to 22 women who…
Fox spirits and demons: China’s tech giants splash out in cartoon arms race
HANGZHOU, China (Reuters) – Growing up in the Chinese port city of Dalian in the 1990s, Zhang Hongchang spent hours…
Fed up with rising costs, big U.S. firms dig into healthcare
SAN JOSE, Calif. (Reuters) – At its Silicon Valley headquarters, network gear maker Cisco Systems Inc is going to unusual…
Italy’s euroskeptics and their currency ideas take center-stage
ROME (Reuters) – If Italy leaves the euro, it will be late on a Friday night. FILE PHOTO: A two…
Beer maker AB InBev pumps up the volume in Africa
JOHANNESBURG/BRUSSELS/LONDON (Reuters) – Sitting outside the ramshackle Vimba Tavern in Johannesburg’s Alexandra township, Patrick Mashego swigs from a one-liter bottle…
U.S. sanctions on Iran threaten vital Afghanistan trade project
WASHINGTON/KABUL (Reuters) – U.S. President Donald Trump’s decision to pull out of the Iran nuclear accord and re-impose sanctions on…
Big Ag turns to peas to meet soaring global protein demand
(Reuters) – Cargill, the global grains trader, sees the future of protein in the humble pea. FILE PHOTO: A box…
Asia oil thirst tab $1 trillion a year as crude rises to $80
SINGAPORE/MUMBAI (Reuters) – Oil prices are poised to break through $80 per barrel and Asia’s demand is at a record,…
A bid to save $300 million at HCR ManorCare, and disrupt U.S. healthcare
CHICAGO (Reuters) – Thomas DeRosa is making a $4 billion bet that he can build a national, low-cost healthcare network…
Credit raters put pressure on Deutsche Bank over new strategy
FRANKFURT (Reuters) – Deutsche Bank’s (DBKGn.DE) new chief executive Christian Sewing needs to come up with a convincing strategy swiftly…
Trump’s next $100 billion tariff dilemma: hit Wal-Mart or Apple Store?
WASHINGTON (Reuters) – U.S. consumers may be about to directly feel the effects of the trade fight started by U.S.…
J&J Baby Powder litigation takes new focus with asbestos claims
NEW YORK (Reuters) – A $117 million verdict against Johnson & Johnson (JNJ.N) and a supplier in favor of a…
‘Boiled frog syndrome’: Germany’s China problem
SCHROBENHAUSEN, Germany (Reuters) – Bauer, a big producer of construction equipment, is better placed than many German companies that invested…
Insect farms gear up to feed soaring global protein demand
LANGLEY, British Columbia (Reuters) – Layers of squirming black soldier fly larvae fill large aluminum bins stacked 10-high in a…
Spotify puts bank IPO paydays under fund manager scrutiny
LONDON (Reuters) – After shaking up the music industry, Spotify (SPOT.N) is now prompting investors to question the value they…
Google poised to emerge unscathed from European antitrust crackdown
BRUSSELS/SAN FRANCISCO (Reuters) – The European Union’s top antitrust regulator, Margrethe Vestager, has made it her mission to stem alleged…