Amazon.com Inc (AMZN.O) on Thursday said its sales surged over the summer and profit trounced expectations, as shoppers jumped at "Prime Day" promotions on its website and bought groceries at its newly acquired chain of Whole Foods Market stores. More »
The euro had its worst day against the dollar in 16 months on Thursday after the European Central Bank began weaning the euro zone off loose monetary policy, while U.S. Treasury yields rose slightly, hurt by weak demand at an auction of 7-year notes. More »
Insurers and reinsurers around the globe are looking to raise rates after what looks set to be their most costly quarter on record. More »
The European Central Bank on Thursday took a step towards weaning the euro zone off loose money on Thursday but promised years of stimulus and even left the door open to backtracking. More »
Apple Inc (AAPL.O) sees its mobile devices as a major platform for artificial intelligence in the future, Chief Operating Officer Jeff Williams said on Monday. More »
Singapore, one of the world's most expensive places to own a vehicle, will not allow any growth in its car population from February, citing the small city-state's land scarcity and billions of dollars in planned public transport investments. More »
Foreign Secretary Boris Johnson on Monday urged "friends and partners" in Brussels to advance Brexit talks to focus on their future trade relationship, adding that both sides now needed to think creatively to find a solution. More »
Japanese banks lag behind their global counterparts in boosting profitability as they compete for dwindling lending opportunities in a shrinking market, the country's central bank said on Monday. More »
Britain's financial watchdog said it had fined Bank of America's Merrill Lynch 34.5 million pounds ($45.5 million) for failing to report 68.5 million exchange traded derivative transactions between February 2014 and 2016. More »
Giorgio Armani's succession plans include a transfer of part of his high-end fashion empire to his charitable foundation in a bid to prevent any takeovers or a break-up of the group, the designer told a newspaper. More »
European shares were flat on Monday with banks weighing and Madrid's bourse lagging its peers as Catalonia's political crisis deepened. More »
Kobe Steel Ltd is considering withdrawing its earnings forecast for this fiscal year as it struggles to quantify the impact of its data falsification scandal, Kyodo reported on Monday. More »
Japanese Prime Minister Shinzo Abe's convincing election victory lifted the Nikkei to its highest in 21 years and world stocks to an all-time high on Monday, despite an escalation of Spain's constitutional crisis that weighed on the country's banks. More »
Prime Minister Paolo Gentiloni's government will propose its candidate for Bank of Italy governor at a Cabinet meeting on Friday, a government source said on Monday. More »
The British government must act urgently to secure a Brexit transition deal or risk losing jobs and investment in the country, business leaders representing millions of workers are due to warn. More »
The dollar touched a three-month high against the yen on Monday, with investors betting that an emphatic election victory for Japan's ruling party would see a continuation of the ultra-loose "Abenomics" policy that have kept downward pressure on the yen. More »
Companies are not bluffing when they threaten to move business from London due to uncertainty over Britain's departure from the European Union, mayor Sadiq Khan said on Monday, adding a transition deal would allow them to make plans more securely. More »
Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1 billion this business year after calculating taxes related to the sale of its prized chip unit. More »
U.S. refineries from Ohio to Minnesota are capitalizing on access to cheap crude from Western Canada and North Dakota oilfields, helping their region break a historic dependence on fuel from the Gulf Coast while redrawing oil trade maps. More »
Struggling commodities trader Noble Group agreed to sell its Americas-focused oil trading business to Vitol for about $580 million as part of a debt-cutting strategy, and warned of a big loss for its third quarter. More »
Boeing Co and Japan's Mitsubishi Heavy Industries Ltd (MHI) announced they have agreed on steps to reduce the cost of producing the wings of the 787 Dreamliner. More »
Cisco Systems Inc (CSCO.O), the world’s largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc (BSFT.O) for close to $2 billion, a person familiar with the matter said on Sunday. More »
In its first offering of online bank accounts, JPMorgan Chase & Co on Monday launched a new smartphone app that it hopes will attract new depositors, many of whom are young and may live far from any of its branch offices. More »
JPMorgan Chase & Co (JPM.N) has partnered with data analytics start-up Mosaic Smart Data to help its fixed-income sales and trading business become more profitable. More »
When diaper maker DSG International (Thailand) wants to know what its customers are thinking, it often turns to Lazada, an e-commerce firm majority-owned by Alibaba Group Holding (BABA.N). More »
Retailer Meijer Inc said it was recalling packaged vegetables in six U.S. states because of possible contamination from Listeria monocytogenes bacteria, which can cause fatal food poisoning in young children, pregnant women and elderly or frail people. More »
Electric car maker Tesla Inc (TSLA.O) reaffirmed on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year, but declined to comment on a report that a deal has been re... More »
A California judge on Friday threw out a $417 million verdict against Johnson & Johnson (JNJ.N) in a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products like Johnson's Baby Powder for feminine hygiene. More »
President Donald Trump's tax reform plans won partial support on Friday when Republican U.S. Senator Rand Paul said he was "all in" for massive tax cuts, but the party was still far from united over how to achieve the main item on its domestic agenda. More »
Activist investor William Ackman, currently battling for board seats at Automatic Data Processing Inc (ADP.O), on Thursday said the human resource software company should buy rival Ceridian, in a move that could woo customers with a better product. More »
No one is paid to front run the apocalypse. More »
Members of the Bank of England interest rate setting committee were speaking in parliament on Tuesday. They also supplied statements to the Treasury Committee. Below are some of their comments: More »
New Bank of England Deputy Governor Dave Ramsden said on Tuesday he was in no hurry to vote for an interest rate hike because he saw little sign of inflation pressure building in Britain's labor market. More »
Accelerating inflation bodes well for the German economy and makes it more probable that the European Central Bank will alter its ultra-loose monetary policy, the ZEW research institute said on Tuesday. More »
Greece's economy contracted by 0.2 percent last year, the head of statistics service ELSTAT said on Tuesday, releasing its second estimate of full-year 2016 gross domestic product. More »
Chinese exporters at the country's biggest trade fair are more optimistic about global demand now than six months ago but Beijing's crackdown on pollution is ramping up costs and product prices, hurting smaller factories and foreign buyers. More »
World equity markets held close to all-time highs on Tuesday, as investors latched on to rising bets on higher borrowing costs in the U.S. and Britain. More »
With the Spanish media focused on the political crisis over Catalonia, Volkswagen's (VOWG_p.DE) Spanish division Seat has decided to delay announcing the name of its forthcoming model. More »
India is likely to stick to its fiscal deficit target of 3.2 percent of GDP, and may accelerate sales of government stakes in lenders and other companies as part of an effort to recapitalize banks, an adviser to the prime minister said on Tuesday. More »
State-owned Saudi Aramco has asked FTI Consulting (FCN.N) to suspend its investor relations advisory work related to the oil company's planned initial public offering, people familiar with the matter told Reuters. More »
It is time that authorities in Europe and the other rich parts of the world take the fight against financial bubbles "more seriously" or risk facing another financial crisis, the vice-president of the European Central Bank said on Tuesday. More »
Oil prices crept higher on Tuesday, holding on to gains made as fighting between Iraqi and Kurdish forces threatened supplies from northern Iraq while political tension rose between the United States and Iran. More »
British inflation rose to its highest level in more than five years in September, according to official data that could make the Bank of England more likely to raise interest rates next month. More »
Airbus SE has agreed to buy a majority stake in Bombardier Inc's CSeries jetliner program, giving a powerful boost to the Canadian plane and train maker in its costly trade dispute with Boeing Co. More »
Two years ago, Airbus Chief Executive Tom Enders halted negotiations to buy Canada's CSeries program at midnight after the talks with Bombardier leaked to Reuters. On Tuesday, he performed a U-turn by backing a similar deal after all - again at dead of night. More »
When cheating becomes habitual, the consequences could be costly. More »
The French government, which owns an 11 percent stake in Airbus, welcomes the airplane maker's deal for a majority stake in Bombardier's CSeries jet program, Finance Minister Bruno Le Maire said on Tuesday. More »
China's HNA Group Co Ltd [HNAIRC.UL] plans to invest 50 billion yuan ($7.6 billion) in tourism and digital transformation, a company executive said on Tuesday. More »
Airbus shares rose on Tuesday after the European planemaker and aerospace group agreed to buy a majority stake in Bombardier's CSeries jetliner program. More »
U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump's hopes of signing sweeping tax reform legislation into law before January. More »
Netflix Inc added more subscribers than expected around the world in the third quarter and projected growth in line with Wall Street forecasts, saying it had a head start on rivals as internet television explodes globally. More »
The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after firing co-founder Harvey Weinstein. More »
Activist investor RBR Capital Advisors is launching a campaign for breaking up Swiss bank Credit Suisse Group AG (CSGN.S) into three parts, the Financial Times reported on Monday. More »
T-Mobile U.S. Inc (TMUS.O) and Sprint Corp (S.N) plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according ... More »
A brokerage industry regulator on Monday ordered Wells Fargo & Co to return $3.4 million to customers after selling them inappropriate investment products, the latest sign that a culture of problematic sales practices has bled into areas outside its consumer b... More »
Viacom Inc (VIAB.O) and Charter Communications Inc (CHTR.O) agreed on a short-term extension of their renewal deadline, a source familiar with the matter said, as the companies aim to avoid the immediate blackout of Viacom networks. More »
Wages and inflation in the 19-country euro zone will eventually rise but more slowly than earlier thought, requiring continued patience from policymakers, European Central Bank President Mario Draghi said on Saturday. More »
Amazon Studios chief Roy Price was put on an immediate leave of absence Thursday, the company said, following allegations that he harassed a producer and ignored an actress's claim of a sexual assault by producer Harvey Weinstein. More »
Russia's technical safety watchdog Rosstandart said on Friday it had been informed about the recall of 14,842 Mercedes-Benz (DAIGn.DE) Sprinter Classic 909 cars sold between March 2014 and December 2016, due to a combination of technical faults. More »
BASF has agreed to buy seed and herbicide businesses from Bayer for 5.9 billion euros ($7 billion) in cash, as Bayer tries to convince competition authorities to approve its planned acquisition of Monsanto. More »
BASF (BASFn.DE) will take a look at further assets coming onto the market after agreeing to buy seeds and herbicide businesses from Bayer (BAYGn.DE) for 5.9 billion euros ($7 billion), its chief executive said. More »
Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum at the tech giant after group scion Jay Y. Lee was jailed for bribery. More »
Boeing Co (BA.N), the world's biggest maker of passenger jets, has used Kobe Steel (5406.T) products that include those falsely certified by the Japanese company, a source with knowledge of the matter told Reuters. More »
Crisis-hit Kobe Steel Ltd (5406.T) said on Friday its steel division has also falsely labeled products, the latest in a string of revelations confirming widespread cheating at the firm that has engulfed its global customers. More »
The revelation that Japan's third-biggest steelmaker Kobe Steel Ltd (5406.T) fabricated data for some of its aluminum and copper and other products has left affected manufacturers scrambling to pin down the potential impact. More »
Oil prices firmed on Friday as strong Chinese oil import data and turmoil in the Middle East boosted bulls in a market that has already shown signs of rebalancing after years of excess. More »
Europe's Airbus does not buy products directly from Japan's Kobe Steel but is investigating whether any of its suppliers have been affected by a cheating scandal at the Japanese group, an Airbus spokesman said. More »
European shares hit their highest in nearly four months on Friday, helped by gains in Bayer after an asset sale deal paving the way for the German drugmaker's $66 billion acquisition of Monsanto. More »
World stocks rose for a fourth straight day on Friday on expectations of broad-based global growth, while the dollar headed for its worst week in five as investors awaited U.S. inflation data. More »
The leaders of Mexico and Canada on Thursday pledged to work toward a renegotiation of the North American Free Trade Agreement (NAFTA) even as talks taking place in the United States turned sour due to hard-line U.S. demands. More »
Washington has dramatically increased tensions in talks to renew the North American Free Trade Agreement by proposing that the lifespan of any new deal be limited to five years, people familiar with the negotiations said on Thursday. More »
U.S. demands for more favorable treatment under the North American Free Trade Agreement, and a proposal that any new deal be allowed to expire after five years, heightened tensions as negotiators held another round of talks to renew the pact this week. More »
Prime Minister Justin Trudeau said on Thursday Canada will not walk away from talks to rehash the North American Free Trade Agreement (NAFTA) despite a U.S. proposal to include a clause that could terminate the pact in five years. More »
Amazon said on Friday it planned to open a new fulfillment center in Bolton, north west England, in 2018 and will begin recruiting 1,200 permanent jobs in the latest expansion in Britain. More »
South Korea's trade minister Kim Hyun-chong said on Friday the United States may demand that Seoul guarantees it will step up arms purchases and imports of U.S. shale gas if the two countries renegotiate a free trade agreement. More »
Samsung Electronics Co Ltd said on Friday its third-quarter operating profit likely nearly tripled from a year earlier to a new record, beating analyst estimates as strong memory chip prices fattened margins. More »
Five Hollywood film studios have joined together to offer a new service designed to make it easier for consumers to collect digital movies that they can watch at home or on mobile devices, the studios said in a statement on Wednesday. More »
The boom in emerging market technology stocks is becoming a problem for fund managers of all stripes. More »
Influential bond investor Bill Gross of Janus Henderson Investors said on Monday that financial markets are artificially compressed and capitalism distorted because of the U.S. Federal Reserve's loose monetary policy. More »
Bayliss and Rachit Vats More »
A social media outcry over an advertisement for Dove body wash which showed a black woman removing her top to reveal a white woman has escalated into a public relations disaster for the Unilever brand. UNLVR.L More »
Less than half the trucks exported from Navistar's mammoth Escobedo plant in Mexico are sold in North America but the factory's success remains tightly tied to the uncertain future of the region's NAFTA free trade deal. More »
Oil prices edged up on Monday, after a 2 percent slide on Friday, as the number of rigs drilling for new oil in the United States dipped and on expectations that Saudi Arabia would continue to restrain its output to support the market. More »
German industrial production jumped more than expected in August, posting its biggest monthly increase in more than six years, data showed on Monday, in a further sign that Europe's biggest economy is set for solid growth in the third quarter. More »
While most London-based bankers are brushing up on their German to prepare for a move to Frankfurt post-Brexit, senior staff at French investment banks expect to say "Oui" to government pressure to bring jobs home to Paris. More »
Uber said on Monday it would suspend its unlicensed service UberPOP in Oslo until Norway introduces new rules, as the U.S. ride-hailing app adopts a more conciliatory tone with national authorities. More »
Business activity in China's services sector grew at its slowest pace in 21 months in September as the pace of new business cooled, a private survey showed. More »
Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country's service sector did little to dent optimism on global growth, while political uncertainty caused turbulence for the Turkish and British currencies. More »
Fostering monetary conditions conducive to economic growth were a constant consideration for Indian policymakers, but would not take priority over achieving the central bank's inflation target, Governor Urjit Patel told a newspaper on Monday. More »
An Australian lawfirm formally filed a class action suit against Commonwealth Bank of Australia on behalf of shareholders on Monday, accusing it of failing to disclose widespread breaches of anti-money-laundering rules. More »
The dollar held steady against the yen on Monday, having retreated from 12-week highs set last week, due to renewed focus on geopolitical risks amid concerns that North Korea may be preparing another missile test. More »
Credit Agricole's (CAGR.PA) chief, Philippe Brassac, has expressed interest in Commerzbank (CBKG.DE) if the German lender were to be up for sale, according to an interview with the Handelsblatt newspaper. More »
Honeywell International Inc (HON.N) plans to spin off non-core assets and create at least two new publicly listed companies, as the U.S. industrial conglomerate seeks to streamline its business, according to people familiar with the matter. More »
The Weinstein Co has fired co-Chairman Harvey Weinstein, effective immediately, following reports of sexual harassment allegations against the executive, who was one of Hollywood's biggest power brokers, the film production company said on Sunday. More »
Boeing Co (BA.N) had pumped in more than 100 million pounds ($130 million) into Britain's Monarch Airlines [MONA.UL] which collapsed last week, the Financial Times reported on Monday. More »
Bombardier Inc's (BBDb.TO) largest business jet is making its debut on Sunday in Las Vegas, giving a glimpse of the ultra long-range plane the Canadian company is counting on for growth at a time of sluggish industry sales and as it fights a trade battle over ... More »
Talks between the insolvent carrier Air Berlin (AB1.DE) and easyJet (EZJ.L) over the sale of up to 30 planes are at risk of falling apart, according to a report in Germany's B.Z. newspaper on Monday. More »
Tesla Inc (TSLA.O) Chief Executive Elon Musk on Friday pushed back the unveiling of the company's big rig truck until mid-November, tweeting that the electric vehicle maker was diverting resources to fix production bottlenecks of its new Model 3 sedan and to h... More »
Shares of drug retailers Walgreens Boots Alliance Inc (WBA.O), CVS Health Corp (CVS.N) and Rite Aid Corp (RAD.N) tumbled on Friday after reports that Amazon.com Inc (AMZN.O) was looking to make a move into selling drugs online. More »
