Google’s new rules clamp down on discriminatory housing, job ads
FILE PHOTO: The logo of Google is seen in Davos, Switzerland Januar 20, 2020. REUTERS/Arnd Wiegmann OAKLAND, Calif. (Reuters) –…
EasyJet founder fails to oust management, proxy votes show
FILE PHOTO: An Easyjet plane takes off from Manchester Airport in Manchester, Britain January 20, 2020. REUTERS/Phil Noble/File Photo LONDON…
Wall Street Week Ahead: U.S. data deluge to underscore divide between roaring market, plunging economy
NEW YORK (Reuters) – A week packed with U.S. economic data is likely to provide investors with more evidence of…
Coronavirus set to usher in big changes at U.S. offices
NEW YORK (Reuters) – The novel coronavirus may do to U.S. office rentals what e-commerce did to malls, or so…
How COVID-19 affected U.S. consumer prices in March
(Reuters) – Coast-to-coast shutdowns of businesses and stay-at-home orders from the effort to contain the new coronavirus pandemic took their…
Exclusive: Germany’s Stada buys 15 GSK consumer health brands
FRANKFURT (Reuters) – Private equity-backed generic drugmaker Stada STAGn.D said it has agreed to buy 15 consumer healthcare products from…
Coronavirus could be knockout blow for Hong Kong’s once-thriving tourism, retail sectors
HONG KONG (Reuters) – Tom Bennell’s olive oil distribution business took a heavy beating during months of pro-democracy protests that…
New York drops fight against T-Mobile-Sprint merger
NEW YORK (Reuters) – New York on Sunday dropped its fight against the $40 billion merger of U.S. wireless carriers…
Exclusive: Italian government leaning towards third term for Eni CEO – sources
ROME/MILAN (Reuters) – The Italian government is leaning toward reappointing Claudio Descalzi as CEO of state-controlled oil firm Eni, provided…
China’s Hubei to cut costs for small firms to ease coronavirus burden
Community volunteers deliver donated vegetables to elderly residents at Furen community on the Lantern Festival, which marks the end of…
WeWork inks office space deal with SoftBank-backed Gympass: sources
NEW YORK (Reuters) – WeWork has signed a deal to provide space to 250 employees of gym membership app company…
BlackRock, partners eye initial $500 million for climate fund
LONDON (Reuters) – A BlackRock-backed (BLK.N) group aims to raise an initial $500 million for a private equity fund that…
Wall Street hits new highs in strongest week since August
(Reuters) – Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since…
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…
U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases
WASHINGTON/BEIJING (Reuters) – The United States and China cooled their trade war on Friday, announcing a “Phase one” agreement that…
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…
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…
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…
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…
CymaBay Therapeutics scraps two studies of liver drug; shares plunge
(Reuters) – CymaBay Therapeutics Inc said on Monday it was scrapping two mid-stage trials of its liver disease drug, after…
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…
Novartis to buy U.S. biotech The Medicines Co. for $9.7 billion
ZURICH (Reuters) – Novartis AG (NOVN.S) is buying U.S. biotechnology company The Medicines Co (MDCO.O) for about $9.7 billion, the…
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…
HP reiterates its rejection of Xerox’s offer to buy the company
FILE PHOTO: The company logo for Xerox is displayed on a screen on the floor of the New York Stock…
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…
Oil rises on hopes OPEC will extend supply cuts, weaker U.S. dollar
HOUSTON (Reuters) – Oil rose on Wednesday, gaining support due to signs that OPEC and allied producers will continue to…
Southeast Asia’s mobile payments face shakeout as market booms
HO CHI MINH CITY/HONG KONG/SINGAPORE (Reuters) – Just next to Ho Chi Minh City’s financial district, two dozen street vendors’…
SEC freezes assets of 18 traders over alleged manipulation
WASHINGTON (Reuters) – U.S. authorities said on Wednesday it has obtained an asset freeze against 18 traders, who are primarily…
Groups bidding for PES refinery due to tour fire-damaged site: sources
NEW YORK (Reuters) – Groups vying for the idled Philadelphia Energy Solutions oil refinery have entered the second phase of…
Sacklers reaped up to $13 billion from OxyContin maker, U.S. states say
(Reuters) – OxyContin maker Purdue Pharma LP steered up to $13 billion in profits to the company’s controlling Sackler family,…
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. new home sales accelerate; lower mortgage rates a boost
WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded more than expected in August, the latest sign that the…
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…
Tech investors: No broad lessons seen in WeWork valuation drama
NEW YORK (Reuters) – Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions…
Bank of America’s push to turn around investment bank is bearing fruit
FILE PHOTO: A Bank Of America sign is pictured in the Manhattan borough of New York August 21, 2014. REUTERS/Carlo…
U.S. hiring cools; wages, hours offer silver lining
WASHINGTON (Reuters) – U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight…
Philip Green prepares to break up his Arcadia Group: Sunday Times
Sir Philip Green attends the TopShop Spring/Summer 2018 show at London Fashion Week in London, Britain September 17, 2017. REUTERS/Mary…
FCC chair Pai seeks approval for Nexstar-Tribune merger
FILE PHOTO: Chairman Ajit Pai speaks at the Federal Communications Commission in Washington, U.S., December 14, 2017. REUTERS/Aaron P. Bernstein…
Best Buy’s sales forecast falls short as tariffs loom
(Reuters) – Best Buy Co Inc (BBY.N) blamed planned U.S. tariffs on Chinese imports and uncertainty about future consumer behavior…
BNP Paribas plans bid for Deutsche Bank’s equity derivatives
NEW YORK (Reuters) – French lender BNP Paribas (BNPP.PA) plans to bid for Deutsche Bank’s (DBKGn.DE) equity derivatives book and…
As U.S. Treasuries sizzle, some bond investors brace for possible sell-off
NEW YORK (Reuters) – While there seems to be no end on the horizon to this year’s dramatic rally in…
Exclusive: Third Point builds stake in Ray-Ban maker EssilorLuxottica – sources
(Reuters) – Third Point LLC, the U.S. hedge fund that has pushed for changes at companies ranging from Nestle SA…
Trump regrets not raising tariffs on China higher, White House says
BIARRITZ, France (Reuters) – President Donald Trump wishes he had raised tariffs on Chinese goods even higher last week, the…
Pimco sticks to Danish mortgage-backed covered bonds as returns plunge: Bloomberg
Ticker and trading information for Pacific Investment Management Co. (PIMCo) are displayed on a screen at the New York Stock…
Oil prices climb after Saudi oilfield attack, but recession worries drag
SINGAPORE (Reuters) – Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni…
U.S. housing market mired in weakness; consumer sentiment ebbs
WASHINGTON (Reuters) – U.S. homebuilding fell for a third straight month in July amid a steep decline in the construction…
Dollar firms, global stocks soar on ECB rate cut expectations
NEW YORK (Reuters) – U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest…
Wall Street Week Ahead: Lower rates could boost housing stocks, but risks remain
NEW YORK (Reuters) – Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries…
Lower rates could boost housing stocks, but risks remain
NEW YORK (Reuters) – Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries…
China’s economy worsens in July, industrial growth at 17-year low as trade war escalates
BEIJING (Reuters) – China’s economy stumbled more sharply than expected in July, with industrial output growth cooling to a more…
U.S. budget deficit widens; spending up on health, military
WASHINGTON (Reuters) – The U.S. government’s deficit widened to $120 billion in July, fueled by increases in spending on health…
Bernie Sanders visits Canadian pharmacy, talks drug prices
WINDSOR, Ontario (Reuters) – U.S. Senator and Democratic presidential hopeful Bernie Sanders joined diabetes patients as they drove across the…
U.S. retail sales ease fears over economy; rate cut still seen
WASHINGTON (Reuters) – U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help…
SEC reaches $60 million settlements involving ex-American Realty executives
NEW YORK (Reuters) – Two former executives at American Realty Capital Properties Inc, including the onetime billionaire who built it,…
Indivior says Reckitt settlement in U.S. unrelated to its cases
(Reuters) – Drugmaker Indivior Plc said on Thursday its former parent Reckitt Benckiser’s $1.4 billion settlement with authorities in the…
Potential IPO candidate BioNTech secures $325 million in financing round
FRANKFURT (Reuters) – German biotech firm BioNTech has secured $325 million in a private financing round to boost its cancer…