Turkey says nothing will come of Halkbank case if law in U.S. works
People walk past by a branch of Halkbank in central Istanbul, Turkey, October 16, 2019. REUTERS/Huseyin Aldemir ANKARA (Reuters) –…
China says it hopes to reach phased trade pact with U.S. as early as possible
BEIJING (Reuters) – China’s commerce ministry said on Thursday that China hoped to reach a phased agreement with the United…
Weak U.S. retail sales cast shadow over slowing economy
WASHINGTON (Reuters) – U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness…
Stocks flat on data, earnings; pound volatile
NEW YORK (Reuters) – A gauge of world stock markets was flat on Wednesday as U.S. data that raised concerns…
UAW, GM leaders have a deal to end strike, now workers will decide
DETROIT (Reuters) – General Motors Co (GM.N) and the United Auto Workers union reached a tentative deal on Wednesday for…
Wall Street slips as weak economic data offsets earnings strength
NEW YORK (Reuters) – Wall Street lost ground on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked…
U.S., Chinese teams working on Phase 1 trade deal text: Mnuchin
U.S. Treasury Secretary Steve Mnuchin speaks about sanctions against Turkey at a news briefing at the White House in Washington,…
Netflix shares jump as subscribers grow ahead of Disney, Apple attack
(Reuters) – Netflix Inc (NFLX.O) added slightly more paying subscribers than Wall Street expected in the third quarter, a relief…
Australia bars entry to Vietnamese woman for failing to declare raw pork
SYDNEY (Reuters) – Australia has refused entry to a Vietnamese woman for failing to declare 10 kg (22 lb) of…
Three drug distributors in talks to settle opioid litigation for $18 billion – WSJ
(Reuters) – Three drug distributors are in talks with state and local governments to settle thousands of opioid lawsuits for…
Exclusive: Regulators weigh ‘startle factors’ for Boeing 737 MAX pilot training – Transport Canada executive
MONTREAL/CHICAGO (Reuters) – Global regulators are looking at “startle factors” that can overwhelm pilots as they consider revised protocols for…
‘Goldilocks’ jobs data propels Wall St. to best day since August
(Reuters) – Wall Street surged on Friday after moderate jobs growth in September offered relief from a spate of dismal…
Capital spending outlook another worry ahead of earnings
NEW YORK (Reuters) – Investors are preparing for more cautious capital investment outlooks from U.S. companies as worries mount heading…
U.S. unemployment rate hits 3.5%; job growth moderate
WASHINGTON, (Reuters) – The U.S. unemployment rate dropped to near a 50-year low of 3.5% in September, with job growth…
Instant View: U.S. September payrolls lower than expected, jobless rate drops
(Reuters) – U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of…
Talks between UAW and GM take ‘turn for the worse’: union official
DETROIT (Reuters) – Talks for a new four-year labor contract between General Motors Co (GM.N) and its striking workers took…
HSBC to cut up to 10,000 jobs in drive to slash costs: FT
FILE PHOTO: A man walks past a logo of HSBC at its headquarters in Kuala Lumpur, Malaysia August 6, 2019.…
U.S. vaping-related deaths rise to 18, illnesses surpass 1,000: CDC
(Reuters) – U.S. health officials on Thursday reported 18 deaths due to a mysterious lung illness linked to e-cigarettes and…
New York court blocks state ban on flavored e-cigarettes
(Reuters) – A New York court on Thursday temporarily halted a state ban on the sale of flavored e-cigarettes, giving…
J&J to pay $20.4 million to settle opioid lawsuits with two Ohio counties
FILE PHOTO: The company logo for Johnson & Johnson is displayed on a screen to celebrate the 75th anniversary of…
U.S. CDC recommends against using vapes with marijuana ingredient
(Reuters) – People should stop using e-cigarettes, especially those with marijuana ingredient tetrahydrocannabinol (THC), U.S. public health officials recommended on…
China criticizes new U.S. sanctions over Iranian oil deals
BEIJING/NEW YORK (Reuters) – China on Thursday criticized the United States for imposing new U.S. Secretary of State Mike Pompeo…
Saudi Arabia consults allies on oil attack, awaits result of investigation: official
UNITED NATIONS (Reuters) – Saudi Arabia is in consultation “with friends and allies about the next steps to take” after…
WeWork chief Neumann’s top lieutenants step up as successors
(Reuters) – As WeWork parent We Company’s CEO Adam Neumann asked Artie Minson and Sebastian Gunningham to separately take care…
U.S. slaps new sanctions on Chinese entities over Iran oil
NEW YORK (Reuters) – The United States is imposing new sanctions on certain Chinese entities and people who it accuses…
Juul boss exits in vaping crisis as Philip Morris, Altria end merger talks
(Reuters) – The chief executive of e-cigarette maker Juul stepped down on Wednesday, with his company beset by a regulatory…
U.S. transport chief warns against mixed messages on Boeing’s 737 MAX
MONTREAL (Reuters) – U.S. Transportation Secretary Elaine Chao warned regulators on Wednesday against sending conflicting messages as they work to…
Exclusive: Boeing settles first Lion Air lawsuits for at least $1.2 million apiece – sources
CHICAGO/JAKARTA (Reuters) – Boeing Co (BA.N) has settled the first claims stemming from the crash of a Lion Air 737…
Thomas Cook Germany in rescue talks with investors
BERLIN (Reuters) – Thomas Cook’s German tour business filed for insolvency on Wednesday in a move aimed at separating its…
Saudi Arabia says consulting on next steps after attack, waiting for inquiry results
UNITED NATIONS (Reuters) – Saudi Arabia is in consultation “with friends and allies about the next steps to take” after…
Wall Street ticks lower as Trump impeachment threat weighs
(Reuters) – U.S. stock indexes edged lower on Wednesday as a move to launch an impeachment inquiry into President Donald…
Stocks fall as Trump impeachment talk grows; sterling up after Brexit ruling
NEW YORK (Reuters) – A gauge of global stocks fell for a third day on Tuesday as a push by…
Asian shares edge lower as U.S. House readies Trump impeachment inquiry
TOKYO (Reuters) – Asian stocks fell on Wednesday after the U.S. lawmakers called for an impeachment inquiry into President Donald…
WeWork’s Neumann surrenders control, CEO role following investor revolt
(Reuters) – WeWork co-founder Adam Neumann agreed on Tuesday to resign as chief executive and give up majority voting control,…
UAW-GM picket lines become 2020 U.S. presidential campaign battleground
DETROIT/WASHINGTON (Reuters) – Democratic presidential candidate Bernie Sanders is scheduled to join United Auto Workers members on a picket line…
Oil drops to lowest since Aramco attacks after Trump scolds China
HOUSTON (Reuters) – Oil prices plunged more than 2% on Tuesday to their lowest since the Sept. 14 attacks on…
Wall Street drops; Pelosi says to start formal impeachment inquiry
NEW YORK (Reuters) – U.S. stocks fell in volatile trade on Tuesday, giving the S&P 500 its biggest daily drop…
Explainer: Why Asia’s biggest economies are backing hydrogen fuel cell cars
TOKYO (Reuters) – China, Japan and South Korea have set ambitious targets to put millions of hydrogen-powered vehicles on their…
Hydrogen hurdles: a deadly blast hampers South Korea’s big fuel cell car bet
SEOUL (Reuters) – Aiming to cash in on a major push by South Korea to promote fuel cell vehicles, Sung…
As Thomas Cook customers return home, blame game begins
LONDON/NEW YORK (Reuters) – Prime Minister Boris Johnson and unions questioned the part played by Thomas Cook’s richly rewarded bosses…
Trump’s China trade rhetoric turns harsh at U.N., says won’t take ‘bad deal’
UNITED NATIONS (Reuters) – U.S. President Donald Trump delivered a stinging rebuke to China’s trade practices on Tuesday at the…
Huawei CFO fighting U.S. extradition says her rights were violated
VANCOUVER (Reuters) – Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday as her lawyers argued…
Big companies commit to slash emissions ahead of U.N. climate summit
UNITED NATIONS (Reuters) – Almost 90 big companies in sectors from food to cement to telecommunications are pledging to slash…
Democratic presidential candidate Buttigieg unveils health plan
WASHINGTON (Reuters) – Democratic presidential candidate Pete Buttigieg on Thursday unveiled his plan to reform the U.S. healthcare system by…
Trump says he likes a Republican drug bill after Democratic alternative unveiled
FILE PHOTO: U.S. President Donald Trump boards Air Force One as he departs Washington for travel to New Mexico from…
U.S. Speaker Pelosi unveils drug price plan, Trump welcomes it
WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi, a Democrat, proposed legislation on Thursday to let the federal government negotiate…
Shares edge up after Fed rate cut, oil prices gain
NEW YORK (Reuters) – A gauge of global equity performance edged higher on Thursday, a day after the Federal Reserve…
Military strike against Iran would result in ‘all-out war’: Zarif
DUBAI (Reuters) – Any U.S. or Saudi military strike against Iran would bring “all-out war”, Tehran said on Thursday, keeping…
France’s CNP and Brazil’s Caixa seal $1.7 billion insurance deal
FILE PHOTO: A view shows the company logo of Caixa Economica Federal bank in downtown Rio de Janeiro August 20,…
Wall Street mixed as Microsoft climbs and Apple dips
(Reuters) – Wall Street ended mixed on Thursday, with a gain in Microsoft offsetting a dip in Apple, a day…
Huawei talks up own apps with Mate 30 challenge to Apple, Samsung
MUNICH (Reuters) – Huawei unveiled its new smartphones to challenge Apple’s (AAPL.O) iPhone 11 on Thursday, talking up slick design…
Airbnb plans stock market splash in 2020
FILE PHOTO: The logos of Airbnb are displayed at an Airbnb event in Tokyo, Japan, June 14, 2018. REUTERS/Issei Kato/File…
Exclusive: France’s CNP and Brazil’s Caixa close to reaching $1.7 billion insurance deal – sources
FILE PHOTO: A view shows the company logo of Caixa Economica Federal bank in downtown Rio de Janeiro August 20,…
U.S., Chinese trade deputies face off in Washington amid deep differences
WASHINGTON (Reuters) – U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks for the first time in…
Microsoft nudges S&P 500 toward record high
(Reuters) – Microsoft and healthcare companies lifted Wall Street on Thursday, a day after the Federal Reserve cut interest rates…
Banker tells German fraud trial he made millions from ‘astronomical’ trades
BONN (Reuters) – A British investment banker at the center of Germany’s biggest fraud trial told judges on Thursday he…
Shares rise after Fed rate cut, oil prices gain
NEW YORK (Reuters) – A gauge of global equity performance rose within 1% of a record high on Thursday, a…
U.S. House Speaker Pelosi unveils proposal to lower drug prices
WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi, a Democrat, proposed legislation on Thursday to allow the federal government to…
U.S. cases of vaping-related illness rise to 530 as outbreak widens
CHICAGO (Reuters) – U.S. health officials said on Thursday there are now 530 confirmed and probable cases and seven deaths…