EU antitrust policy under fire after Siemens-Alstom deal blocked
BRUSSELS/ZURICH (Reuters) – Siemens and Alstom’s plan to create a European rail champion collapsed on Wednesday after EU regulators blocked…
1970s-era musicians sue Sony, UMG to reclaim song rights
NEW YORK (Reuters) – David Johansen, John Waite and other prominent 1970s musicians filed lawsuits on Tuesday accusing Sony Music…
Merck CEO Frazier to testify at Senate drug pricing hearing
NEW YORK/WASHINGTON (Reuters) – U.S. drugmaker Merck & Co Inc said on Tuesday that its Chief Executive Ken Frazier plans…
U.S. dollar, yields firm; oil comes off two-month highs
NEW YORK (Reuters) – The U.S. dollar gained for a third straight session against a basket of currencies and U.S.…
Take Five: Dogs and Pigs – World markets themes for the week ahead
(Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming week…
IAG’s Walsh says Airbus needs to be more aggressive on price to sell A380s
FILE PHOTO – Willie Walsh, CEO of International Airlines Group speaks during the closing press briefing at the 2016 International…
Airbus A380 under threat as Emirates weighs rejigged order: sources
PARIS/DUBAI (Reuters) – Dubai’s Emirates is exploring switching some orders for the world’s largest jetliner, the Airbus A380, to the…
Amazon removes numerous products from India site as new e-commerce rules bite
NEW DELHI/MUMBAI (Reuters) – E-commerce rules that went into effect in India on Friday caused widespread disruption for Amazon.com, forcing…
E-cigarettes help more smokers quit than patches and gum, study finds
LONDON (Reuters) – E-cigarettes are almost twice as effective at helping smokers quit as nicotine replacement treatments like patches, lozenges…
Oil tumbles 4 percent on growing U.S. supply, China trade worries
NEW YORK (Reuters) – Oil fell more than 3 percent on Monday, heading for its biggest one-day percentage drop in…
France warns against ‘exorbitant’ payoff for ex-Renault boss Ghosn
PARIS (Reuters) – France’s finance minister said on Sunday a severance package for former Renault chief Carlos Ghosn, forced to…
Irish data watchdog investigates Twitter over privacy rules breach
FILE PHOTO: The Twitter logo in New York City, U.S., September 28, 2016. REUTERS/Brendan McDermid/File Photo DUBLIN (Reuters) – Twitter’s…
Savencia unit recalls baby milk in France after salmonella alert
PARIS (Reuters) – Sodilac, a unit of French dairy group Savencia, said it was recalling infant formula sold in pharmacies…
Italy drugmaker Zambon ready to splash out in U.S., China push
MILAN (Reuters) – Italian drugmaker Zambon is looking to China and the U.S. to grow its respiratory and nervous system…
Boeing’s flying car lifts off in race to revolutionize urban travel
SEATTLE (Reuters) – Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural…
Tesla’s Model 3 gets green light in Europe
FILE PHOTO: A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show…
Asset managers brace for more job cuts amid market turbulence
LONDON/NEW YORK (Reuters) – Turmoil on financial markets is expected to deepen layoffs and accelerate acquisitions in the fund management…
Supermarket retailer Casino to sell six stores to rival Leclerc
FILE PHOTO: The logo of Casino shop is seen in Nice, France, January 15, 2019. REUTERS/Eric Gaillard/File Photo PARIS (Reuters)…
Germany considering ways to exclude Huawei from 5G auction: report
BERLIN (Reuters) – The German government is actively considering stricter security requirements and other ways to exclude China’s Huawei Technologies…
Industry must rein in spend on electric, self-driving cars: Magna CEO
DETROIT (Reuters) – Global automobile and auto parts makers which want to capitalize on electric and autonomous vehicles need to…
McDonald’s loses ‘Big Mac’ trademark case to Irish chain Supermac’s
(Reuters) – McDonald’s Corp (MCD.N) has lost its rights to the trademark “Big Mac” in a European Union case ruling…
Airbus steps up pressure on suppliers over Canadian jet
MONTREAL (Reuters) – Europe’s Airbus is ratcheting up pressure on suppliers like United Technologies to cut costs for its Canadian-developed…
France to cull wild boar at Belgium border in swine fever alert
PARIS (Reuters) – France will cull all wild boar in a zone along the Belgian border to try and avoid…
Asia shares recover as China stocks rise after weak data
TOKYO (Reuters) – Asian shares edged up on Thursday as stimulus expectations and a rise in the yuan helped Chinese…
Volkswagen hires Apple executive for autonomous vehicle role
FILE PHOTO: Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show in Sao…
France presses Renault over executive compensation paid via Dutch holding company
PARIS (Reuters) – The French government has told Renault (RENA.PA) to provide more details on compensation paid to senior executives…
German state of Baden-Wuerttemberg sues VW for damages: FAZ
FILE PHOTO: A Volkswagen logo is pictured during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018.…
China warnings signal Trump’s trade war finally hitting home
ATLANTA/NEW YORK (Reuters) – Weak sales at Apple and Cargill, U.S. giants of technology and agriculture, may be the clearest…
Nissan’s Ghosn to make first public appearance in 7 weeks in court on Tuesday
TOKYO (Reuters) – Ousted Nissan Motor Co Ltd (7201.T) chairman Carlos Ghosn is set to make his first public appearance…
‘Pooey Puitton’ purse said to irk Louis Vuitton, prompts lawsuit
(Reuters) – A California toy company has sued Louis Vuitton to stop the French luxury goods maker from interfering with…
AP Exclusive: Vatican letter undermines US cardinal on abuse
Interested in Pope Francis? Add Pope Francis as an interest to stay up to date on the latest Pope Francis…
Britain’s HMV faces the music as retailer calls in administrators
(Reuters) – Music retailer HMV said on Friday it was calling in the administrators, blaming a worsening market for entertainment…
Defensive stocks top 2019 playbooks
NEW YORK (Reuters) – Perceived safe havens like utilities and consumer staples, often an afterthought in Wall Street’s cascade of…
U.S. oil edges up after tumbling to lowest since June 2017 on economy fears
SEOUL (Reuters) – Oil prices were mixed on Wednesday as the U.S. benchmark rebounded from steep losses in the previous…
Japan court extends Ghosn detention by 10 days
FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends a press conference on the second press day…
Exclusive: Global traders halt new Iran food deals as U.S. sanctions bite – sources
LONDON/DUBAI (Reuters) – Cargill, Bunge and other global traders have halted food supply deals with Iran because new U.S. sanctions…
Zynga buys Empires & Puzzles gamemaker in largest deal to date
(This story corrects paragraph 7 to say Zynga acquired a unit of Peak Games, and not the entire company. The…
French court fines oil group Total in Iran bribery case
PARIS (Reuters) – A Paris court fined French oil and gas group Total (TOTF.PA) 500,000 euros ($570,000) on Friday for…
Global stock indices edge lower as U.S. government shutdown looms
NEW YORK (Reuters) – World stock markets continued a week-long sell-off on Friday as the threat of a U.S. government…
Global stocks drop, where is ‘Santa Claus rally’?
NEW YORK (Reuters) – Broad stock declines in Europe and the United States dragged world equity markets lower on Monday,…
Asian shares perk up ahead of key policy events in China, U.S.
TOKYO (Reuters) – Asian share markets ticked up on Monday as investors cautiously looked to whether key policy events in…
Nobel Peace winners urge global action vs. sexual violence
The Congolese doctor who shares this year’s Nobel Peace Prize for his efforts to end the use of rape and…
Stock selloff snowballs as investors price in slowing world economy
LONDON (Reuters) – Losses on global stocks snowballed on Monday, with Wall Street set to follow Europe and Asia lower…
Gilead Sciences snares Roche veteran O’Day as CEO
(Reuters) – Drugmaker Gilead Sciences Inc on Monday named Roche Holding AG’s Daniel O’Day as its new chief executive, tapping…
BMW names Vukotich as new head of autonomous driving development
FILE PHOTO: A BMW logo is seen at a car dealership in Vienna, Austria, May 30, 2017. REUTERS/Heinz-Peter Bader FRANKFURT…
Julius Baer in talks with Santander over Venezuela business: sources
ZURICH (Reuters) – Swiss private bank Julius Baer (BAER.S) is in talks about transferring its Venezuelan book of business to…
Tech giants in spotlight as EU lawmakers consider strong action
BRUSSELS (Reuters) – Google (GOOGL.O), Amazon (AMZN.O), Apple (AAPL.O) and other tech giants face one of their biggest challenges this…
Merkel lauds G20 agreement on need for reform of world trade
German Chancellor Angela Merkel attends the plenary session at the G20 leaders summit in Buenos Aires, Argentina December 1, 2018.…
Lactalis says no salmonella in baby milk at second production line
PARIS (Reuters) – Lactalis, the world’s largest dairy group, on Friday rejected media reports that salmonella had been detected in…
Unilever CEO retires after headquarters row, replaced by insider Jope
LONDON (Reuters) – Unilever’s (ULVR.L) Chief Executive Paul Polman will step down next month after 10 years in the job,…
GM to slash jobs and production, drawing Trump’s ire
DETROIT (Reuters) – General Motors Co said on Monday it will cut production of slow-selling models and slash its North…
Explainer: The Ghosn affair and Renault-Nissan’s uneasy relationship
PARIS (Reuters) – Nissan’s (7201.T) board ousted Chairman Carlos Ghosn on Thursday following the auto industry star’s arrest in Japan…
Exclusive: Visa, Mastercard offer tourist card fee cut in EU antitrust probe – sources
BRUSSELS (Reuters) – Visa and Mastercard have offered to trim the fees merchants pay on card payments by tourists in…
France, Japan reaffirm support for Renault-Nissan alliance
The Renault automaker company logo is displayed on a dealership in Paris France, November 21, 2018. REUTERS/Gonzalo Fuentes PARIS (Reuters)…