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)…
Scientists devise new, more accurate peanut allergy test
LONDON (Reuters) – British scientists have developed a far more accurate blood test to diagnose peanut allergy, offering a better…
Buffett draws them in even as Berkshire comes up short
(Reuters) – He thinks of himself as a teacher, and to many he is an icon. But to Wall Street,…
Breast cancer screening failure may have shortened 270 lives in England
LONDON (Reuters) – As many as 270 women’s lives may have been shortened after an IT failure in England’s breast…
World shares hemmed in by dollar and Fed rate expectations
LONDON (Reuters) – World stocks inched higher on Wednesday after two days of losses but remained pinned down by the…
Britain’s Sainsbury’s and Asda agree 13.3-billion-pound merger
LONDON (Reuters) – Sainsbury’s (SBRY.L) and Asda, the UK arm of Walmart (WMT.N), confirmed on Monday they had agreed a…
Asian shares edge higher as tensions ease, earnings rise
SYDNEY (Reuters) – Asian shares rose again on Monday as tensions in the Korean Peninsula eased and first-quarter earnings shone,…
Walmart attempts international turnaround with UK, India tie-ups
NEW YORK (Reuters) – Walmart Inc’s (WMT.N) urgency to stem market share losses to rivals around the world is driving…
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…
EU wants coordinated vaccine push against measles, other diseases
(Reuters) – The European Commission urged EU member states on Thursday to cooperate more closely in fighting diseases such as…
U.S debt deluge lifts bond yields to four-year high, Asia stocks down
TOKYO (Reuters) – Asian stocks slipped and the U.S. dollar advanced on Tuesday, as a deluge of U.S. government debt…
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…
Asia stocks struggle with rising yields; oil stays high
SYDNEY (Reuters) – Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest…
World Bank says shareholders endorse capital increase
WASHINGTON (Reuters) – The World Bank said on Saturday its shareholders had endorsed a $13 billion paid-in capital increase, a…
Multiple ‘No’ votes at Deutsche Bank’s April 8 meet to change CEO – sources
FRANKFURT (Reuters) – Multiple supervisory board members cast dissenting votes at a meeting that reshuffled top management at Deutsche Bank…
Ford tells WPP it will take bids from other ad agencies
LONDON (Reuters) – Ford Motor Company (F.N) said on Saturday it will take bids on some of its advertising managed…
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…
Hungarian laboratory worker isolated after exposure to Ebola virus
BUDAPEST (Reuters) – A Hungarian laboratory worker has been isolated at a Budapest hospital after accidental exposure to the deadly…
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…
U.S. said to investigate AT&T, Verizon over wireless collusion claim: source
WASHINGTON (Reuters) – The U.S. has opened a probe into alleged coordination by AT&T Inc (T.N), Verizon Communications (VZ.N) and…
China’s ZTE slams U.S. ban on sales, says company’s survival at risk
HONG KONG (Reuters) – China’s ZTE Corp (0763.HK) (000063.SZ) said on Friday that a U.S. ban on the sale of…
Asian shares edge ahead with Wall Street, but China lags
SYDNEY (Reuters) – Asian shares crept ahead on Wednesday after Wall Street took heart from upbeat corporate earnings, though nagging…
Global leaders seek to reignite fight against deadly malaria
LONDON, April 18 (Reuters) – Renewed action and boosted funding to fight malaria could prevent 350 million cases of the…
China tariffs on U.S. business jets no clear boost to rivals: aviation executives
SHANGHAI (Reuters) – China’s planned tariffs on U.S. business jets may do little to buoy rivals despite concerns the moves…
J&J Baby Powder litigation takes new focus with asbestos claims
NEW YORK (Reuters) – A $117 million verdict against Johnson & Johnson (JNJ.N) and a supplier in favor of a…
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…
‘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…
Union chief upbeat on prospects for deal in German wage talks
POTSDAM, Germany (Reuters) – Negotiators for both Germany’s public sector unions and employers signaled a willingness to compromise at the…
Ad king Sorrell's abdication leaves WPP at crossroads
LONDON (Reuters) – Martin Sorrell’s sudden exit from WPP marks a shocking end to the career of a chief executive…
Martin Sorrell quits as head of world’s biggest ad group WPP
LONDON (Reuters) – Martin Sorrell, who built WPP into the world’s biggest advertising agency through 33 years of dealmaking, quit…
Martin Sorrell quits as head of WPP advertising agency
LONDON (Reuters) – Martin Sorrell quit as the head of WPP on Saturday, leaving the world’s biggest advertising agency 33…
German interior minister rejects union’s six percent wage demand
BERLIN (Reuters) – German Interior Minister Horst Seehofer said on Saturday he would press for “reasonable results” in the next…
Spotify puts bank IPO paydays under fund manager scrutiny
LONDON (Reuters) – After shaking up the music industry, Spotify (SPOT.N) is now prompting investors to question the value they…
Chemical watchdog: Ex-spy poisoned by very pure nerve agent
The international chemical weapons watchdog on Thursday confirmed Britain’s finding that a former Russian spy and his daughter were poisoned…
Volkswagen rushed revamp triggers labor concern: sources
BERLIN/MUNICH (Reuters) – Labor representatives at Volkswagen (VOWG_p.DE) are concerned by a sudden rush by the German carmaker’s board to…
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…
Biotech M&A rolls on as Alex ion snaps up Wilson for $855 mln
(Reuters) – Alex ion Pharmaceuticals has agreed to buy Sweden’s Wilson Therapeutics for 7.1 billion Swedish crowns ($855 million), boosting…
T-Mobile restarts talks to acquire Sprint: source
(Reuters) – T-Mobile US Inc (TMUS.O) is engaged in a new round of talks to acquire Sprint Corp (S.N), a…
Deutsche Bank picks insider Christian Sewing as new CEO: sources
FRANKFURT (Reuters) – Christian Sewing, currently co-deputy chief executive officer of Deutsche Bank (DBKGn.DE), is to become the new CEO…
Ryanair’s 67 percent UK gender pay gap widest among airlines
DUBLIN (Reuters) – Ryanair (RYA.I) has reported an average gender pay gap for its British-based staff of 67 percent, the…
British passport maker to appeal loss of ‘Brexit blue’ contract
LONDON (Reuters) – The company that makes British passports will challenge the decision to use a foreign firm in future,…
Russian tycoon Magomedov arrested on embezzlement charges
MOSCOW (Reuters) – Russian authorities on Saturday arrested billionaire Ziyavudin Magomedov on charges of embezzling more than $35 million, in…
Volkswagen shareholder against reelection of Wolfgang Porsche to board: report
FRANKFURT (Reuters) – A prominent Volkswagen (VOWG_p.DE) shareholder is urging investors to vote against the reelection of Wolfgang Porsche as…
Exchange operator CME Group to buy Britain’s NEX for $5.5 billion
LONDON (Reuters) – U.S. exchange operator CME Group has agreed to buy NEX Group for $5.5 billion to create a…
Britain shrugs off Brexit to enjoy boom in dealmaking
LONDON (Reuters) – British companies have been swept up in a global boom in dealmaking that has seen the amount…
Big Deutsche Bank investors seek clarity on CEO: sources
FRANKFURT (Reuters) – Large investors in Deutsche Bank (DBKGn.DE) have urged its chairman to provide a clear signal on whether…
Akzo Nobel reshapes business with 10 billion euro sale
AMSTERDAM (Reuters) – Akzo Nobel will sell its chemicals business in a 10.1 billion euro ($12.6 billion) deal to buyers…
Facebook’s Zuckerberg will not answer UK lawmakers’ questions over data scandal
LONDON (Reuters) – Facebook boss Mark Zuckerberg will not answer questions from British lawmakers over how millions of users’ data…
Twitter to ban crypto ads as online crackdown widens
LONDON (Reuters) – Twitter is to ban cryptocurrency advertising, joining Facebook and Google in a clampdown on the industry over…
JCDecaux open to bidding for U.S. peers but nothing planned: CEO
PARIS (Reuters) – French outdoor advertising company JCDecaux (JCDX.PA) could consider bidding to take over U.S. competitors Clear Channel (CCO.N)…
Globalists buck U.S. index fund trend
NEW YORK (Reuters) – Volatility in U.S. equity markets this year is pushing investors not only to invest in stocks…