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Reuters: Business News

Global shares nudge higher, Aussie dollar rebounds after New! 2019-02-22 04:44:57Global shares rose on Friday as signs of progress on trade offset a worsening economic outlook, while the Aussie dollar recouped some losses after Chi

Tesla rolls out Model 3 in China ahead New! 2019-02-22 04:26:04Tesla Inc has started delivering Model 3 cars in China slightly ahead of schedule, as it looks to revive its sales that have been hit hard by Sino-U.S

Apple teams with Ant Financial, banks for interest-free New! 2019-02-22 03:28:34Apple Inc has teamed up with Chinese payments giant Ant Financial Services Group and several local banks to offer interest-free financing, its first s

Canada's Barrick Gold considers hostile $19 billion bid New! 2019-02-22 03:27:59Canada's Barrick Gold Corp is considering a hostile bid for Newmont Mining Corp for about $19 billion in stock, in what would potentially be one of t

EU debates how and when to start trade New! 2019-02-22 03:26:25European ministers will begin debating on Friday how and when to start trade negotiations with the United States, aware that U.S. President Donald Tru

Societe General plans to cut thousands of jobs New! 2019-02-22 03:24:41French bank Societe General SA is planning to cut thousands of jobs at its global banking and investor solutions unit, as it looks to offset cost pres

Oil prices firm on trade hopes, but record New! 2019-02-22 03:06:56Oil prices were firm on Friday, supported by OPEC's ongoing supply cuts and hopes that Washington and Beijing may soon end their trade dispute.

Italian ruling-party lawmakers push for Huawei ban: paper New! 2019-02-22 02:37:51A group of lawmakers from Italy's ruling coalition is pushing the government to ban China's Huawei Technologies Co Ltd from supplying equipment for

Puma goes up-market to join forces with Porsche New! 2019-02-22 01:46:02(This February 21 story refiles to give full name of Porsche Design in headline.)

A Fed pivot, born of volatility, missteps, and New! 2019-02-22 01:07:51The Federal Reserve's promise in January to be "patient" about further interest rate hikes, putting a three-year-old process of policy tightening o

Alibaba CEO rules out layoffs this year New! 2019-02-22 00:07:56Alibaba Group Holding Ltd expects to avoid layoffs this year despite China's economic slowdown, CEO Daniel Zhang said on Friday.

Consumer Reports yanks recommendation for Tesla's Model 3, New! 2019-02-21 23:01:09Consumer Reports on Thursday pulled a recommendation for Tesla Inc's Model 3, citing reliability problems, and the influential U.S. magazine turned u

BBC News - Business

Cathedral City maker Dairy Crest to be bought New! 2019-02-22 05:01:20Dairy Crest, whose brands also include Country Life, agrees to be taken over by Canadian firm Saputo.

Provident Financial gets £1.3bn bid from rival NSF New! 2019-02-22 04:05:28The troubled sub-prime lender receives a takeover offer from rival Non-Standard Finance.

5G networks: Trump says US shouldn't block technology New! 2019-02-21 22:29:53The comments come as the US has pressured its allies to exclude China's Huawei from their 5G networks.

Australia seeks clarification on China coal import 'block' New! 2019-02-21 22:16:45Canberra is seeking "urgent" clarification about reports that a key Chinese port has blocked imports.

How shampoo became a million dollar idea New! 2019-02-21 19:07:09The BBC's Aaron Heslehurst explains how shampoo became a million dollar idea.

Is equal pay actually possible? New! 2019-02-21 19:05:52Around the world, women tend to be paid less than men. Is Iceland's innovative strategy likely to pay off?

The snow patrol drones saving skiers from an New! 2019-02-21 19:02:27For people buried in an avalanche, it's a race against time. Could a drone find you sooner?

AT&T and Hasbro pull YouTube ads over abuse New! 2019-02-21 18:42:56Hasbro and Nestle also cut ties over fears paedophiles are leaving comments next to videos of children.

Purplebricks shares dive on sales outlook shock 2019-02-21 11:50:43Estate agent slashes its sales forecast and announces the departure of two senior executives.

Johnson & Johnson in US probe over baby 2019-02-21 11:33:03Federal inquiries come as the firm faces numerous lawsuits over health risks from its talc products.

Russia charges US investor with fraud in high-profile 2019-02-21 11:08:07Investor Michael Calvey is accused of embezzling $38m from a Russian bank - a charge he denies.

Record UK government surplus in January 2019-02-21 10:44:16Analysts say the bumper surplus could give the chancellor extra money for the Spring Statement.

Business News - UPI.com

U.S. destroyer Cook, NATO ships enter Black Sea 2019-02-19 13:47:00 The USS Donald Cook and ships from NATO's Standing Mine Countermeasures Group 2 entered the Black Sea, with their movements tracked by Russian vesse

BAE awarded $575M for Armored Multi-Purpose Vehicle production 2019-02-19 13:10:17 The U.S. Army awarded BAE Systems contracts worth $575 million for low-rate production of the Armored Multi-Purpose Vehicle, which will replace Vietn

Iran unveils submarine that can launch cruise missiles 2019-02-19 11:54:53 Iran has unveiled a homemade submarine that the nation says is capable of firing cruise missiles and staying more than 650 feet underwater for five w

UAE announces more than $3B in defense deals 2019-02-19 11:28:04 United Arab Emirates signed deals worth more than $3 billion at IDEX 2019 in Abu Dhabi this weekend, including with Lockheed Martin, Diehl, Saab, Tha

U.S., Australia, Britain conduct training aviation exercise in 2019-02-18 12:50:06 Air Force units from Australia and Britain wrapped joint training exercises with the U.S. Air Force and Navy at Nellis Air Force Base in Nevada, whic

Boeing to deliver two F-18 Super Hornets to 2019-02-18 12:06:38 The U.S. Navy has awarded Boeing a $17.8 million for two F/A-18EF Super Hornet aircraft.

Nay conducts annual anti-terrorism force protection exercise 2019-02-18 11:38:15 The U.S. Navy has wrapped up an annual 12-day anti-terrorism force protection exercise held across the continental United States using realistic trai

Draper awarded $191M for Trident missile guidance system 2019-02-18 09:33:34 The U.S. Navy awarded Charles Stark Draper Laboratory Inc. a $191 million contract for Trident II weapons system as the Pentagon upgrades its nuclear

Tecolote awarded $38.8M for Space and Missile Systems 2019-02-15 12:12:18 Tecolote Research was awarded a $38.8 million contract to support acquisition and financial operations at the U.S. Air Force's Space and Missile Sys

PAE awarded $27.6M contract for Afghanistan defense, security 2019-02-15 11:27:11 PAE Government Systems Inc. was awarded $27.6 million to provide contractor logistic support efforts for the Afghan National Defense and Security For

Saab to supply U.S. Army with Carl-Gustaf M4 2019-02-15 11:19:52 Saab signed a contract with the U.S. Army to supply the Carl-Gustaf M4 weapon system, an 84mm recoilless rifle designated as the M3E1 in the U.S., st

Bell Boeing signs $10.7M contract for V-22 Osprey 2019-02-15 09:32:19 Bell Boeing was awarded a $10.7 million contract for upgrades to AN/APR-39D(V)2, AN/AAQ-24B(V)27, and the ALE-47 Power Performance Computing systems

Christian Science Monitor |

New York's opposition to Amazon might scare off 2019-02-19 18:06:18Amazon has scrapped plans to build a headquarters in Queens amid fierce opposition from politicians, but experts warn that the pushback against the te

For many Americans, the Trump tax cut doesn’t 2019-02-19 18:06:18President Barack Obama’s signature domestic initiative, on health care, was marred by a glitch-prone rollout. Is President Trump’s tax-cut

T-Mobile, Sprint defend merger to lawmakers 2019-02-19 18:06:18The companies' executives argue that the merger will force the industry to up its game, improving quality of services and lowering prices. But the de

Climate’s pressure on energy firms isn’t just political, 2019-02-19 18:06:18PG&E’s bankruptcy filing has wider implications. Will CEOs’ and shareholders’ closer attention to the business risks of warming

US considers a tax on wealth, even as 2019-02-19 18:06:18Elizabeth Warren is considered a candidate of the left, yet even half of Republicans share her view that the wealthy should be taxed more. A key quest

Shutdown may be over – but economic ripple 2019-02-19 18:06:18Consumers, businesses, and investors loathe uncertainty. That's why the full effects of a government shutdown are hard to measure, and its end isn&rs

As AI advances in multiple industries, workers need 2019-02-19 18:06:18Artificial intelligence could severely disrupt a quarter of US jobs. Economists say the jobs likely to be spared from automation will require advanced

Farmers have a beef with plant- or lab-grown 2019-02-19 18:06:18How we speak can say a lot about how we think ​– and it can influence how we spend. Consider a rancher-led battle over food labe

Employees ‘taken hostage’: the ethics of the US 2019-02-19 18:06:18Compelling people to work without pay is fast becoming more than a legal issue for the federal government. Viewed as a social compact, it raises serio

Sears dodges liquidation, stores to stay open – 2019-02-19 18:06:18The company's chairman and largest shareholder won a bankruptcy auction for the chain, which hasn't seen a profitable year since 2010. If Sears keep

US-China trade: How dose of reality is pushing 2019-02-19 18:06:18During 2018, the outlook seemed to grow steadily worse for relations between the world’s two largest economies. Things are shifting as both side

Recession is a risk in 2019. But maybe 2019-02-19 18:06:18A number of key trends in the economy are positive, from wage growth to low interest rates. Some of the biggest wild cards are trade policy and centra

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ICC World Cup 2019: No decision on India-Pakistan New! 2019-02-22 04:55:00In a meeting to address the spiralling speculation around the match, the CoA deliberated on the matter but did not take any position for now

Cash-strapped Pakistan may turn to Islamic banks for New! 2019-02-22 03:38:00PM Imran Khan is trying to clear power sector government payment arrears amid warnings by power producers that they could go out of business if they a

Builder not giving occupancy certificate for your house? New! 2019-02-22 03:32:00You can be evicted from your own house if you haven't obtained the OC; the authority could also impose a stiff penalty and cut off your water and pow

Niti Aayog V-C bats for setting up an New! 2019-02-22 03:10:00Vice President Rajiv Kumar also pitched for segregating different aspects of Reserve Bank's responsibilities

Don't release autobiography till Mar 13: HC to New! 2019-02-22 03:05:00The bench was hearing an application filed by Singhania seeking the transfer of a suit filed against him in the Thane District Court by Raymond

Now, register complaint with DoT against offensive WhatsApp New! 2019-02-22 02:55:00The move comes following many public figures, including journalists, complaining of receiving abusive and threatening messages

Suzlon Energy gains over 50%, GVK Power rises New! 2019-02-22 02:41:00Suzlon Energy moved higher by 26 per cent to Rs 5.60 on the BSE in intra-day trade on Friday, surging 53 per cent in the past two trading days from a

PM Modi donates Rs 1.4 crore Seoul Peace New! 2019-02-22 02:34:00Expressing his gratitude after receiving the prize, Modi said, "I believe that this award belongs not to me but to the people of India"

Global Markets: China rebound drives Asian shares higher New! 2019-02-22 02:30:34SHANGHAI (Reuters) - Shares in Asia recouped early losses on Friday, buoyed by strong gains in China as signs of progress in trade talks with the Unit

This shipping stock has gained 70% in two New! 2019-02-22 01:52:00The scrip hit a 52-week high of Rs 347 apiece, up 7% on the BSE and was trading near its all-time high of Rs 385 touched on February 18, 2000.

Uber Eats may sell Indian biz to Swiggy New! 2019-02-22 01:47:00Swiggy is currently leading discussions but rival Zomato is still in the race for a share-swap deal

India, South Korea sign 7 pacts to enhance New! 2019-02-22 01:21:00The memorandum of understandings were signed after the two leaders held "constructive" talks on enhancing bilateral cooperation in a number of areas

Business

Business and the effects of global warming New! 2019-02-22 19:00:00Some companies are tackling the results of global warming, but most are not

Nvidia plays the diversification game New! 2019-02-22 19:00:00But takes its eye of its core business

JAB upends coffee trading New! 2019-02-22 19:00:00The owner of Peet’s and Pret a Manger is pressuring suppliers already ground down by low prices

Why retired people could be ideal customers for New! 2019-02-22 19:00:00Autonomous vehicles come to retirement communities

Conglomerates will never die out, but their form New! 2019-02-22 19:00:00As industrial conglomerates break up, tech firms are bulking up

The new aristocrats of power New! 2019-02-22 19:00:00Executives rules their companies. Why not countries?

The future of Chanel without Karl Lagerfeld New! 2019-02-22 19:00:00How will the French fashion house fare without its influential creative director?

America and its allies disagree on Huawei 2019-02-20 19:00:00Britain is the chief dissident, but Germany and Italy are pushing back too

Jaguar Land Rover is in a hole mostly 2019-02-15 19:00:00But the maker of upmarket SUVs looks fixable

Carlos Ghosn’s car alliance is still in limbo 2019-02-15 19:00:00The former boss of Renault and Nissan dismisses his legal team as his replacements discuss the future

Doing business under AMLO 2019-02-15 19:00:00The cautionary tale of Mexico’s new president and its richest man

Amazon is not getting the welcome it expected 2019-02-15 19:00:00Alexandra Ocasio-Cortez is one of the politicians protesting its $3bn subsidy


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