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…
Trump upbeat on U.S.-China talks as Beijing underscores tariff-cut demands
WASHINGTON/BEIJING (Reuters) – U.S.-China trade talks are “moving right along,” President Donald Trump said on Thursday, striking an upbeat tone…
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…
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,…
Global stocks falter on trade uncertainty; sterling gains
NEW YORK (Reuters) – The dollar slid and global equity markets traded little changed on Thursday as enthusiasm over Apple…
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…
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…
Wall Street bides its time, awaiting news from trade front
NEW YORK (Reuters) – Wall Street was largely unchanged on Thursday as market participants stayed on the sidelines, awaiting further…
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…
Johnson & Johnson confirms no asbestos in Johnson’s Baby Powder
FILE PHOTO: Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York October 15, 2015. REUTERS/Lucas…
China’s November factory activity unexpectedly expands at quickest pace in almost three years: Caixin PMI
BEIJING (Reuters) – China’s factory activity unexpectedly expanded at the quickest pace in almost three years in November, with solid…
China’s factory activity unexpectedly returns to growth in November
BEIJING (Reuters) – Factory activity in China unexpectedly returned to growth in November for the first time in seven months,…
Samoa measles toll hits 42 as nations dispatch medical teams, supplies
WELLINGTON (Reuters) – More nations were flying medical staff and supplies to Samoa on Friday to battle a measles outbreak…
Australia’s Westpac loses top two executives in money-laundering scandal
(Reuters) – Australia’s Westpac Banking Corp (WBC.AX) said on Tuesday its CEO will step down and its chairman will bring…
House Democrats see progress on U.S.-Mexico-Canada trade deal, passage possible this year
WASHINGTON (Reuters) – U.S. House Democrats said on Thursday they ironed out some differences with the White House over a…
U.S.-based chip-tech group moving to Switzerland over trade curb fears
SAN FRANCISCO/WASHINGTON (Reuters) – A U.S.-based foundation overseeing promising semiconductor technology developed with Pentagon support will soon move to Switzerland…
Asian stocks rise as trade talks gain momentum
TOKYO (Reuters) – Asian stocks rose on Tuesday as an apparent olive branch from Beijing in trade talks with Washington…
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,…
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 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…
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…
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 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…
China’s Inner Mongolia reports fresh bubonic plague case
BEIJING (Reuters) – China’s Inner Mongolia reported a fresh, confirmed case of bubonic plague on Sunday, despite an earlier declaration…
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…
South Korea bans liquid e-cigarettes on army bases
FILE PHOTO: A man uses a vape device in Seoul, South Korea, October 23, 2019. REUTERS/Heo Ran SEOUL (Reuters) –…
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:…
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…
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…
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…
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…
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…
J&J says new tests find no asbestos in same baby powder bottle that sparked recall
(Reuters) – Johnson & Johnson (JNJ.N) said on Tuesday that 15 new tests found no asbestos in a bottle of…
J&J says new tests find no asbestos in same baby powder bottle that sparked recall
(Reuters) – Johnson & Johnson (JNJ.N) said on Tuesday that 15 new tests found no asbestos in a bottle of…
Johnson & Johnson CEO testified Baby Powder was safe 13 days before FDA bombshell
LOS ANGELES/NEW YORK (Reuters) – Facing off against a plaintiff’s lawyer for the first time about Johnson & Johnson’s Baby…
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…
South Korea warns of ‘serious risk’ from vaping, considers sales ban
(Corrects to clarify that Juul’s statement in paragraph 12, bullet, said its products do not contain THC and vitamin E…
Tesla shares, bonds jump after surprise third quarter profit
FILE PHOTO: The front hood logo on a 2018 Tesla Model 3 electric vehicle is shown in this photo illustration…
SoftBank clinches WeWork takeover deal, bailing out co-founder
(Reuters) – SoftBank Group Corp agreed to spend more than $10 billion to take over U.S. office-space sharing startup WeWork…
South Korea urges public to stop using liquid e-cigarettes
FILE PHOTO: A man uses a vape device in this illustration picture, September 19, 2019. REUTERS/Adnan Abidi/Illustration/File Photo SEOUL (Reuters)…
WHO hails ‘triumph’ as Merck’s Ebola vaccine gets European green light
LONDON (Reuters) – The world’s first Ebola vaccine was recommended for approval by European drugs regulators on Friday in a…
Johnson & Johnson says baby powder investigation could take 30 days or more
(Reuters) – Johnson & Johnson said on Friday its investigation into asbestos contamination of its baby powder could take 30…