Major study debunks myth that moderate drinking can be healthy
LONDON (Reuters) – Blood pressure and stroke risk rise steadily the more alcohol people drink, and previous claims that one…
FAA launches new review of Boeing 737 MAX to ensure safety
WASHINGTON (Reuters) – The Federal Aviation Administration said late on Wednesday it is forming an international team to review the…
Oil prices edge lower after U.S. inventories build
FILE PHOTO: An offshore oil rig is seen in the Caspian Sea near Baku, Azerbaijan, October 5, 2017. REUTERS/Grigory Dukor/File…
Exclusive: Renault alerts prosecutors to Oman dealer payments in Ghosn era
PARIS (Reuters) – Renault has alerted French prosecutors to payments made to a Renault-Nissan business partner in Oman under former…
Oil rises to 2019 highs as demand outlook improves
NEW YORK (Reuters) – Oil climbed about 2 percent to new 2019 highs on Monday, with Brent crude touching $69…
J&J baby shampoo samples fail Indian quality test; company rejects findings
NEW DELHI (Reuters) – Johnson & Johnson’s baby shampoo samples failed quality tests conducted by the northwestern Indian state of…
Lyft valued at $24.3 billion in first ride-hailing IPO
(Reuters) – Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup…
No call for simulators in new Boeing 737 MAX training proposals
SEATTLE/NEW YORK (Reuters) – Boeing Co said it will submit by the end of this week a training package that…
Nissan committee says facts point to legal violations by former chairman Ghosn
YOKOHAMA, Japan (Reuters) – An external committee reviewing governance at Nissan Motor Co said on Wednesday there were enough facts…
U.S. jury says Bayer must pay $81 million to man in Roundup cancer trial
FILE PHOTO: Monsanto’s Roundup weedkiller atomizers are displayed for sale at a garden shop near Brussels, Belgium November 27, 2017.…
U.S. transport chief questions Boeing decisions on 737 MAX safety features
WASHINGTON (Reuters) – The top U.S. Transportation Secretary questioned on Wednesday why Boeing Co did not require safety features on…
Merck KGaA goes hostile in $5.9 billion Versum takeover battle
FRANKFURT (Reuters) – German pharma group Merck KGaA launched a hostile $5.9 billion all-cash takeover offer for Versum Materials on…
U.S. jury to determine liability, damages in Roundup cancer trial
SAN FRANCISCO (Reuters) – A lawyer for a man who said his cancer was caused by Bayer AG’s glyphosate-based weed…
Chinese smartphone firms jazz up products, seize turf in home market from Apple
SHANGHAI (Reuters) – Smartphone retailers in China say it’s a tough sell of late with consumers reluctant to upgrade, put…
UK lawmakers seize Brexit agenda in bid to break deadlock
British lawmakers seized a measure of control over the stalled Brexit process from Prime Minister Theresa May’s foundering government Monday,…
Cruise passengers hauled off ship by helicopter amid storm
A cruise ship with engine problems sent a mayday call off Norway’s western coast on Saturday as it desperately tried…
U.S. lawmaker urges FAA, Boeing employees to disclose details on 737 MAX approval
FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked at the Boeing Factory in Renton, Washington, U.S. March…
Some Boeing 737 MAX orders in jeopardy, U.S. pilots try software fix
JAKARTA/CHICAGO (Reuters) – Indonesian airline Garuda plans to cancel a $6 billion order for Boeing 737 MAX jets because some…
Wall Street powers world stocks; dollar up on Brexit woes
NEW YORK (Reuters) – Wall Street led global stocks higher on Thursday on the back of upbeat economic data, while…
Jazz Pharma’s sleep disorder treatment gets FDA nod
(Reuters) – The U.S. Food and Drug Administration approved Jazz Pharmaceuticals Plc’s treatment for patients with a form of sleep…
Factbox: What we know about Boeing 737 MAX crash and what comes next
(Reuters) – More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets around the world have been taken…
Stakes rise for Boeing as EU, Canada step up scrutiny of 737 MAX after crashes
ADDIS ABABA/PARIS/WASHINGTON (Reuters) – Europe and Canada said they would seek their own guarantees over the safety of Boeing’s 737…
German lawmakers challenge deputy finance minister’s Goldman link in bank merger
BERLIN/FRANKFURT (Reuters) – German lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs, alleging a conflict of…
Top Wall Street banks working on Deutsche-Commerzbank merger: sources
FRANKFURT (Reuters) – Goldman Sachs and Citi are helping Germany’s two biggest lenders work on their potential $28 billion-plus merger,…
Deutsche Bank merger talks with Commerzbank raise job fears, lift shares
BERLIN/FRANKFURT (Reuters) – Deutsche Bank and Commerzbank faced concerns from workers unions, Chancellor Angela Merkel’s office and top shareholders on…
Exclusive: Sanofi says working on CEO succession plan
PARIS (Reuters) – Pharmaceuticals group Sanofi is working on a plan to find a new CEO in agreement and consultation…
BMW, Mercedes-Benz lower prices in China after VAT drop
FILE PHOTO: BMW cars are seen at the automobile terminal in the port of Dalian, Liaoning province, China January 9,…
Apple infringed three Qualcomm patents, jury finds
(Reuters) – Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with…
Boeing prepares for MAX 737 jets sitting outside factory as deliveries halted
SEATTLE (Reuters) – Boeing Co confirmed suspension of deliveries of 737 MAX aircraft on Thursday but continues to produce its…
Boeing 737 MAX jets could be grounded for weeks as black box probe to start on Ethiopia crash
WASHINGTON/PARIS (Reuters) – Boeing Co’s 737 MAX 8 and 9 planes will be grounded for weeks if not longer until…
EU suspends Boeing 737 MAX flights, U.S. senators suggest similar move
ADDIS ABABA/PARIS (Reuters) – The European Union’s aviation safety regulator on Tuesday suspended all flights in the bloc by Boeing…
Pound jumps, Asian shares rise after changes to Brexit deal
SHANGHAI (Reuters) – The pound jumped on Tuesday and Asian shares rose after the European Commission agreed to changes in…
Asia shares sluggish as global growth concerns return; ECB meeting eyed
TOKYO (Reuters) – Asian shares eased on Thursday, with caution prevailing as investors awaited some kind of resolution to Sino-U.S.…
GE explores stake sale in Enel renewables joint venture: sources
(Reuters) – General Electric Co is exploring a sale of its 50 percent stake in a renewable energy joint venture…
Eli Lilly seeks to quell drug price anger with cheaper insulin
(Reuters) – Drugmaker Eli Lilly announced plans on Monday to sell a half-price version of its popular insulin injection Humalog,…
New cancer-causing toxin found in recalled blood pressure pills
(Reuters) – U.S. health regulators said on Friday a third cancer-causing toxin was found in some blood pressure pills recalled…
Quebec appeals court upholds C$15 billion tobacco class action ruling
MONTREAL/LONDON (Reuters) – The Court of Appeal of Quebec upheld on Friday the bulk of a 2015 decision that awarded…
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…
Tesla debuts $35,000 Model 3, sees loss in first quarter
SAN FRANCISCO (Reuters) – Tesla Inc said on Thursday it would offer a $35,000 version of its Model 3 sedan…
Parkinson’s drug trial offers glimmer of hope for brain cells
LONDON, Feb 27 (Reuters) – An experimental drug could offer hope for restoring damaged brain cells in Parkinson’s patients, scientists…
Novartis gene therapy would be cost effective up to $900,000: U.S. group
(Reuters) – An experimental gene therapy for spinal muscular atrophy (SMA) developed by Swiss drugmaker Novartis AG would be worth…
Samsung announces folding phone with 5G at nearly $2,000
SAN FRANCISCO (Reuters) – Samsung Electronics Co Ltd on Wednesday unveiled a nearly $2,000 folding smartphone in a bid to…
Ford to close oldest Brazil plant, exit South America truck biz
SAO PAULO/DETROIT (Reuters) – Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit…
Honda to shut UK car plant in 2022 with the loss of 3,500 jobs
LONDON (Reuters) – Japanese car maker Honda is set to announce it’s closing its only British car plant in 2022…
Honda to close UK car plant with the loss of 3,500 jobs
LONDON (Reuters) – Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022…
Britain does not support total Huawei network ban: sources
(Reuters) – British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations…
As medical costs mount, Japan to weigh cost-effectiveness in setting drug prices
TOKYO (Reuters) – Japanese doctor Yasushi Goto remembers prescribing the cancer drug Opdivo to an octogenarian and wondering whether taxpayers…
HNA cuts stake in Deutsche Bank to 6.3 percent: SEC filing
FRANKFURT (Reuters) – Chinese conglomerate HNA has cut its stake in Deutsche Bank to 6.3 percent, according to a filing…
Starboard gauges Bristol-Myers shareholder support for Celgene deal
(Reuters) – Activist hedge fund Starboard Value LP has asked a proxy solicitor to probe the level of support among…
France suggests glyphosate exit could be even slower than planned
PARIS (Reuters) – Only half of France’s farmland could do without glyphosate-based weed-killers by 2021, the country’s farm minister suggested,…
EU clinches copyright overhaul deal, tech giants in focus
BRUSSELS (Reuters) – The European Union is set to rewrite its two-decades-old copyright rules which will force Alphabet Inc’s Google…
Venezuela pressures foreign partners on oil venture commitments: sources
(Reuters) – Foreign partners of Venezuela’s PDVSA are facing pressure from the state-run oil firm to publicly declare whether they…
Asian stocks subdued, focus on new round of Sino-U.S. talks
TOKYO (Reuters) – Asian shares barely budged on Tuesday with investors looking to a new round of Sino-U.S. trade talks…
Paris seeks $14 million from Airbnb for illegal adverts
FILE PHOTO: The logo of Airbnb is displayed at an Airbnb event in Tokyo, Japan, June 14, 2018. REUTERS/Issei Kato/File…
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,…
Qantas cancels order for 8 Airbus A380s amid doubts on jet’s future
SINGAPORE (Reuters) – Australia’s Qantas Airways Ltd said on Thursday it formally canceled a longstanding order for eight Airbus SE…