U.S. hits allies with tariffs as risk of trade war rises
WASHINGTON/PARIS (Reuters) – The United States on Thursday said it will impose tariffs on aluminum and steel imports from Canada,…
Facebook’s size no barrier to deals in new areas: executive
RANCHO PALOS VERDES, Calif. (Reuters) – Facebook Inc believes it could acquire other large companies without running afoul of antitrust…
How To Prep Before Grilling The Most Powerful Person On The Internet (HBO)
Rep. Greg Walden, the chairman of the House committee that grilled Facebook CEO Mark Zuckerberg on Thursday, told VICE News…
India steps up hunt for origin of mysterious brain-damaging virus
MUMBAI/KOCHI (Reuters) – India began a fresh round of tests to trace the origin of a rare brain-damaging virus that…
Daimler faces scrutiny of 120,000 Vito, C-Class diesels: BamS
FRANKFURT (Reuters) – Daimler (DAIGn.DE) faces an investigation of 40,000 diesel Vito vans and 80,000 C-Class model cars for possible…
New privacy law forces some U.S. media offline in Europe
LONDON (Reuters) – Major U.S.-media outlets including the LA Times and Chicago Tribune were forced to shutter their websites in…
Daimler threatened with recall of over 600,000 diesel models: Spiegel
BERLIN (Reuters) – Daimler faces a recall order for more than 600,000 diesel-engine vehicles including C-Class and G-Class models because…
Australian anti-trust watchdog loses appeal against Pfizer over Lipitor sales
MELBOURNE (Reuters) – An Australian court dismissed an appeal by the nation’s anti-trust watchdog in a case against Pfizer Inc…
Third Indian state checks suspect cases in outbreak of rare brain-damaging virus
MUMBAI (Reuters) – Officials in a third Indian state were checking on Friday if two people had been infected with…
China’s ZTE estimates at least $3.1 billion loss from U.S. sanctions: Bloomberg
BEIJING (Reuters) – China’s ZTE Corp is estimating losses of at least 20 billion yuan ($3.1 billion) due to Washington’s…
Facebook’s Zuckerberg to apologise to EU lawmakers over data leak
BRUSSELS (Reuters) – Facebook boss Mark Zuckerberg arrived to meet European Union lawmakers on Tuesday ready to apologise for a…
U.S., China nearing deal to remove U.S. sales ban against ZTE: sources
BEIJING (Reuters) – Washington and Beijing are nearing a deal that will remove an existing order banning U.S. firms from…
Britain unlikely to investigate Comcast bid for Sky, says minister
LONDON (Reuters) – Britain said it was unlikely to refer Comcast’s (CMCSA.O) bid for Sky (SKYB.L) for a lengthy investigation…
U.S. and Canadian regulators open probes into cryptocurrency scams
WASHINGTON (Reuters) – U.S. and Canadian state securities regulators announced Monday they have launched dozens of investigations into cryptocurrency scams.…
EU could compensate firms hit by U.S. sanctions over Iran: French minister
PARIS (Reuters) – France is looking to see if the European Union could compensate European companies that might be facing…
Sanctioned Russian oligarch Vekselberg cuts Swiss stakes
ZURICH (Reuters) – Russian oligarch Viktor Vekselberg has cut his holdings in Swiss companies OC Oerlikon (OERL.S) and Schmolz +…
U.S. gun lobby takes aim at ‘gun-hating’ banks Citi, BofA
WASHINGTON (Reuters) – The U.S. gun lobby is taking aim at “gun-hating” banks after Citigroup Inc and Bank of America…
Apple pays Ireland first tranche of disputed taxes
DUBLIN (Reuters) – Apple has paid 1.5 billion euros ($1.18 billion) into an escrow account set up by the Irish…
Porsche to recall 60,000 SUVs for emissions problems: German regulator
HAMBURG (Reuters) – Volkswagen’s (VOWG_p.DE) sports-car brand Porsche has been asked by Germany’s KBA automotive regulator to recall around 60,000…
Exclusive: RBS lawyers ask ex-staffer to destroy documents, DOJ informed
LONDON (Reuters) – Lawyers for Royal Bank of Scotland (RBS.L) asked an ex-employee to destroy confidential documents, according to a…
Canada government ready to cover some Kinder Morgan pipeline losses
OTTAWA (Reuters) – Canada is prepared to cover any losses Kinder Morgan Canada Ltd might suffer if a proposed oil…
Soft China April investment, retail sales suggest economy losing steam
BEIJING (Reuters) – China reported weaker-than-expected investment and retail sales in April and a drop in home sales, clouding its…
Gaming investors eye jackpot from U.S. sports betting ruling
New York (Reuters) – Shares in gaming and casino companies jumped on Monday, led by Scientific Games Corp (SGMS.O), as…
HSBC says performs first trade finance deal using single blockchain system
HONG KONG (Reuters) – HSBC Holdings Plc (HSBA.L) said on Monday it has performed the world’s first trade finance transaction…
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…
JPMorgan submits application for majority-owned China securities business
HONG KONG (Reuters) – JPMorgan Chase & Co (JPM.N) said on Monday it had submitted an application to the Chinese…
HSBC says performs first trade finance transaction using blockchain
HONG KONG (Reuters) – HSBC Holdings Plc (HSBA.L) said on Monday it had performed the world’s first trade finance transaction…
BlackRock may keep fees despite executive’s U.S. campaign donation: SEC
NEW YORK (Reuters) – BlackRock Inc can keep fees from the state of Ohio despite a donation one of its…
China Three Gorges launches $10.8 billion bid for Portuguese power firm EDP
LISBON (Reuters) – China’s state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal’s biggest…
Australia’s ANZ cuts financial planner bonuses as inquiry reshapes an industry
SYDNEY (Reuters) – Australia’s ANZ said it would quit paying bonuses to financial planners for selling its products, becoming the…
ANZ scraps sales bonuses for financial planners as inquiry shakes up sector
SYDNEY (Reuters) – Australia and New Zealand Banking Group Ltd (ANZ.AX) said it would stop paying financial planners bonuses for…
Four found guilty in insider trading case linked to U.S. health agency
NEW YORK (Reuters) – Two partners at the hedge fund Deerfield Management and two others were found guilty on Thursday…
Ex-Volkswagen CEO Winterkorn charged in U.S. over diesel scandal
WASHINGTON (Reuters) – The U.S. Justice Department on Thursday disclosed the filing of criminal charges against former Volkswagen AG (VOWG_p.DE)…
Exclusive: U.S. EPA grants biofuels waiver to billionaire Icahn’s oil refinery – sources
NEW YORK (Reuters) – The U.S. Environmental Protection Agency has granted a financial hardship waiver to an oil refinery owned…
China eases restrictions on foreign ownership of securities ventures
BEIJING (Reuters) – China’s securities regulator has released new guidelines for foreign investment in Chinese security joint ventures in which…
Gun Vloggers Are Flipping Out At Youtube’s Crackdown On Their Videos (HBO)
This week YouTube will begin enforcing new rules restricting gun videos that facilitate private gun sales or link to websites…
Zimbabwe says will issue cannabis licences to growers
HARARE (Reuters) – Zimbabweans can now apply for licences to grow cannabis for medical and research purposes, the government has…
Sainsbury’s, Walmart’s Asda to create UK supermarket powerhouse
LONDON (Reuters) – Sainsbury’s and Walmart’s Asda are in talks to create Britain’s biggest supermarket group, a combination which would…
Ninety-eight now sick from romaine lettuce-linked E. coli: CDC
(Reuters) – Fourteen more people fell ill from an E. coli outbreak linked to romaine lettuce, U.S. health officials said…
Fourteen more fall sick from E. coli linked to romaine lettuce: CDC
(Reuters) – Fourteen more sick people from eight U.S. states were added to an investigation of an E. coli outbreak…
FDA cracks down on sales of Juul tobacco products to minors
(Reuters) – The U.S. Food and Drug Administration on Tuesday said it launched a crackdown on the sale of e-cigarettes…
Jilted Akorn sues Fresenius over deal termination
FRANKFURT (Reuters) – U.S. generic drugmaker Akorn is taking former suitor Fresenius to court after the German healthcare group canceled…
FDA declines to approve Pfizer’s biosimilar to Roche’s cancer drug
(Reuters) – Pfizer Inc said on Monday the U.S. Food and Drug Administration (FDA) declined to approve the company’s biosimilar…
Japan may soften trade stance as U.S. keeps up pressure
WASHINGTON (Reuters) – Despite calls to resist protectionism and for the United States to rejoin a multilateral trans-Pacific trade pact,…
Treasury chief may visit China as trade tensions simmer
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday he may travel to China, a move that could…
U.S. sanctions on Vekselberg have $1.5-$2 billion assets frozen: sources
ZURICH/MOSCOW – Assets totaling between $1.5 billion and $2 billion have been frozen as a result of sanctions imposed on…
Telecom standards group puts new technology on hold in wake of U.S. probe
WASHINGTON (Reuters) – A telecommunications standards organization – GSMA – said on Saturday it is delaying implementation of a new…
U.S. regulator permits China’s ZTE to submit more evidence
NEW YORK (Reuters) – The U.S. Commerce Department has granted ZTE Corp’s (000063.SZ) (0763.HK) request to submit more evidence after…
U.S., European regulators mandate checks on some 737 engines
WASHINGTON/PARIS (Reuters) – European and U.S. airline regulators on Friday ordered mandatory inspections within 20 days of aircraft engines similar…
Australia government says banking executives responsible for misconduct could face jail
SYDNEY (Reuters) – Australian Treasurer Scott Morrison warned on Wednesday that financial sector executives responsible for widespread breaches of corporate…
U.S. bans American companies from selling to Chinese phone maker ZTE
LONDON/NEW YORK (Reuters) – The U.S. Department of Commerce has banned American companies from selling components to Chinese telecom equipment…
ECB asks Deutsche Bank to gauge investment banking exit costs: source
FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) has been asked by European Central Bank supervisors to calculate the potential costs of…
U.S. recalls more than 200 million eggs over salmonella fears
(Reuters) – Nearly 207 million eggs from a farm in North Carolina are being recalled from nine U.S. states after…
‘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…
Facebook fuels broad privacy debate by tracking non-users
SAN FRANCISCO (Reuters) – Concern about Facebook Inc’s (FB.O) respect for data privacy is widening to include the information it…
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…