Bitcoin, whose value has fluctuated significantly this month, remains a "speculative" investment that thrives because of the cryptocurrency's anonymous nature, BlackRock Inc (BLK.N) Chief Executive Larry Fink said on Monday. More »
The dollar edged higher on Friday as an overnight spike in U.S. Treasury bond yields prompted some investors to buy the greenback after some recent heavy selling. More »
Convincing big U.S. dairy owners to buy robots to milk their cows - and reduce the farmhands they employ - used to be a tough sell for Steve Fried. Recently, his job has gotten easier, he says, in part because of President Donald Trump. More »
The dollar touched its highest level in nearly eight months versus the yen on Monday, supported by expectations for continued monetary policy divergence between the Federal Reserve and the Bank of Japan. More »
China aims to pass a national supervision law and set up a new commission next year to oversee an expansion of President Xi Jinping's campaign to fight corruption in the ruling Communist Party and government, the party said on Sunday. More »
Doug Corcoran is in the trenches every day in the fight against the opioid crisis in the rural Ohio county he helps oversee. More »
China's movie box office revenue is expected to grow in 2017 at more than three times the pace of last year thanks to the success of blockbusters like "Wolf Warrior 2", the media regulator said on Friday. More »
The European Central Bank is concerned about the use of virtual currencies because it is unclear who the issuer is and who guarantees them, ECB Executive Board member Yves Mersch said on Friday. More »
The chief executive of Canada's biggest lender on Thursday pushed back on a suggestion by JPMorgan (JP.N) Chief Executive Jamie Dimon that bitcoin is a fraud, though he said the cryptocurrency needs monitoring. More »
In the first two months after a June Supreme Court ruling allowed partial implementation of President Donald Trump's travel ban, visas issued on average each month to citizens of six countries targeted by the order were 18 percent lower compared to the month p... More »
China's largest bitcoin exchanges said on Monday they were still awaiting clarification from the government following more media reports that Beijing was planning to ban trading of virtual currencies on domestic exchanges. More »
Dreyfuss and Angela Moon More »
China's Bitcoin exchanges said on Saturday they are still awaiting clarification from the authorities on a media report that they will be shut down. More »
A consortium of U.S. banks is taking another step next week to attract a critical mass of users to their Zelle network, a rival to PayPal's Venmo for handling instant payments between individuals with smartphones. More »
The French investigation into alleged emissions cheating by PSA Group (PEUP.PA) and other automakers found that suspect software had been used on almost 2 million vehicles sold by the maker of Peugeot and Citroen cars, Le Monde reported on Friday. More »
Hyundai Motor Co (005380.KS) is at loggerheads with its Chinese partner over efforts to cut supplier costs, as they grapple with cut-throat competition and the impact of a stand-off between Beijing and Seoul, four people familiar with the dispute said. More »
General Motors Co’s (GM.N) vehicle sales in China rose 12 percent in August from a year earlier to 328,425 units, following a 6.3 percent increase in July, the Detroit-based automaker said on Tuesday. More »
Hyundai Motor (005380.KS) said on Wednesday it had resumed production in China after a supply disruption forced the suspension of operations last week, complicating its efforts to lift sagging sales in the world's biggest auto market. More »
South Korea's new antitrust chief said he has been in talks with the autos-to-steel conglomerate Hyundai Motor Group about overhauling its complex ownership structure, which critics say gives too much power to its controlling family at the expense of sharehold... More »
The logo of Honda is pictured at the 38th Bangkok International Motor Show in Bangkok, Thailand March 28, 2017. Honda Motor Co. posted a better-than-expected quarterly profit as higher vehicle sales in Asia helped offset a slide in North American demand, and d... More »
FILE PHOTO: Carlos Tavares (C), Chairman of the Managing Board of French carmaker PSA Group, Mary Barra (L), chairwoman and CEO of General Motors, and Dr Karl-Thomas Neumann, Chairman of the Management Board Opel Group GmbH, pose during a news conference in Pa... More »
A Bitcoin (virtual currency) coin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. Dreyfuss and Anna Irrera More »
Hedge fund manager David Einhorn posted gains in July which helped shrink his firm’s year to date losses to 0.2 percent, a person who has seen the performance update said on Monday. More »
A VW logo is seen in front of the main building of the Volkswagen brand at the Volkswagen headquarters, in Wolfsburg, Germany May 19, 2017. Volkswagen (VOWG_p.DE) is considering options for majority-owned transmissions maker Renk (ZARG.F), as the German carmak... More »
FILE PHOTO: Donald Trump Jr. (L) gives a thumbs up beside his father Republican U.S. presidential nominee Donald Trump (R) after Trump’s debate against Democratic nominee Hillary Clinton at Hofstra University in Hempstead, New York, U.S. September 26, 2016. U.... More »
FILE PHOTO: People walk past a row of Volkswagen e-Golf cars during the company’s annual news conference in Berlin, Germany March 13, 2014. Picture taken March 13, 2014. When Volkswagen boss Matthias Mueller vowed to reform the carmaker after its emissions sca... More »
Senate Majority Leader Senator Mitch McConnell (R-KY) attends a new conference following party policy lunch meeting at the U.S. Capitol in Washington, U.S. July 11, 2017. U.S. Senate Republicans said Tuesday they will seek to bring their healthcare overhaul to... More »
FILE PHOTO: Children walk past a branch of Mitsubishi UFJ Financial Group (MUFG) in Tokyo November 14, 2012. REUTERS/Yuriko Nakao/File Photo Mitsubishi UFJ Financial Group Inc (MUFG) aims to tap into the expertise of partner Morgan Stanley and expand into weal... More »
FILE PHOTO – The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo General Motors Co on Wednesday said sales rose in China in June after two consecutive months of decline, and promised to rebuild momentum in the wor... More »
FILE PHOTO: U.S. Dollar and Japan Yen notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo The dollar slipped against the yen on Wednesday on concerns about rising tensions between the United States and North K... More »
A water tank with the GM logo is seen at the General Motors Assembly Plant in Valencia, April 21, 2017. REUTERS/Marco Bello Canadian auto sales set another record in June, making for a solid performance in the first half of the year as customer demand for ligh... More »
Boaz Weinstein, founder and chief investment officer at Saba Capital Management, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 17, 2017. REUTERS/Richard Brian New York-based Saba Capital Management, famed for its winning bet against the JPMo... More »
The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. REUTERS/Toru Hanai Two high-level quantitative researchers have left BlackRock Inc (BLK.N) as the world’s largest asset manager embarks on an ambitious effort to ... More »
Tesla Motors’ mass-market Model 3 electric cars are seen in this handout picture from Tesla Motors on March 31, 2016. Tesla Motors/Handout via Reuters/File Photo Tesla Inc’s high-volume Model 3 sedan passed all regulatory requirements for production two weeks ... More »
William ‘Bill’ Ackman, CEO and Portfolio Manager of Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid Bayliss More »
The New York Stock Exchange is seen from the steps of Federal Hall behind a Statue of former U.S. President George Washington in New York City, U.S., May 17, 2017. REUTERS/Brendan McDermid Investors betting trillions on ethically-appealing stocks may not be ge... More »
FILE PHOTO: A picture illustration of U.S. dollar, Swiss franc, British pound and Euro bank notes January 26, 2011. REUTERS/Kacper Pempel/Illustration/File Photo The dollar dipped to a four-day low against major currencies on Friday and the euro rose on the re... More »
A man explains how a digital currency mining operation works while pointing at the necessary hardware during the Inside Bitcoins: The Future of Virtual Currency Conference in New York April 8, 2014. REUTERS/Lucas Jackson Dreyfuss More »
President of the Toyota Motor Corporation Akio Toyoda delivers a speech before signing a partnership deal with the International Paralympic Committee in Tokyo, November 26, 2015. REUTERS/Thomas Peter Toyota Motor Corp (7203.T) may consider mergers or acquisiti... More »
Torry Berntsen, Chief Executive Officer (CEO) and Head of Corporate and Institutional Banking of the Americas region for Standard Chartered Bank, poses in New York City, U.S., June 13, 2017. REUTERS/Shannon Stapleton Standard Chartered (STAN.L) aims to expand ... More »
U.S. Supreme Court is seen in Washington, U.S., October 3, 2016. REUTERS/Yuri Gripas/File Photo The U.S. Supreme Court on Tuesday allowed the Trump administration more time to file papers responding to an appeals court ruling that upheld a block on a proposed ... More »
A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand, October 12, 2010. REUTERS/Sukree Sukplang/File Photo Sterling steadied on Monday as British Prime Minister Theresa May scrambled to pick up the pieces and reunite her Conservative Party a... More »
A Delta Airlines aeroplane is seen inside of a hangar during a launch event of the new alliance between AeroMexico and Delta Airlines and their announcement as sponsors of the Mexican soccer team, in Mexico City, Mexico, May 3, 2017. REUTERS/Edgard Garrido Del... More »
FILE PHOTO – Dr Karl-Thomas Neumann, CEO of Opel Group speaks during a news conference on media day at the Paris auto show, in Paris, France, September 29, 2016. REUTERS/Benoit Tessier The chief executive of General Motors’ (GM.N) European arm Opel, Karl-Thoma... More »
FILE PHOTO: A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand October 12, 2010. REUTERS/Sukree Sukplang/File Photo Sterling traded near a two-week high on Thursday, supported by expectations that Prime Minister Theresa May’s party will wi... More »
FILE PHOTO: A sign is displayed in the reception of the Sydney offices of Goldman Sachs in Australia, May 18, 2016. REUTERS/David Gray/File Photo U.S. savers who routinely scour personal finance sites for the best deposit rates are soon going to see an unusual... More »
A picture illustration shows U.S. 100 dollar bank notes and Japanese 10,000 yen notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao The dollar hit a six-week low against the safe-haven yen on Tuesday as caution mounted ahead of Britain’s election, a Euro... More »
Signboards display fuel prices at an ENI petrol station in Rome, Italy, April 9 2016. REUTERS/Alessandro Bianchi Oil majors BP and Eni are deepening their foray into blockchain technology, starting to run blockchain trades in parallel with their live trading s... More »
Conveyors are seen at a Wal-Mart Stores Inc distribution centers in Bentonville, Arkansas June 6, 2013. REUTERS/Rick Wilking/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE Ð SEARCH ÒBUSINESS WEEK AHEAD JULY 4Ó FOR ALL IMAGES – RTX2JK7F Wal-Mart Stores Inc execu... More »
The GM logo is seen at the General Motors Assembly Plant in Valencia, Venezuela April 21, 2017. REUTERS/Marco Bello Greenlight Capital’s plan to split up General Motors Co’s (GM.N) stock, as well as its challenge to the company’s board of directors, will come ... More »
A key Chinese regulator has issued a notice demanding broadcasters distribute programs that promote "core socialist values", and "forcefully oppose" content that celebrates money worship, hedonism, radical individualism and feudal thought. More »
An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham The dollar edged higher against a basket of currencies on Monday, moving away from last week’s 6-1/2-month lows and shrugging off news of North Korea’s latest... More »
FILE PHOTO – A worker mounts the logo on a rim at the serial production BMW i3 electric car in the BMW factory in Leipzig September 18, 2013. REUTERS/Fabrizio Bensch Problems at one of its suppliers has forced German carmaker BMW (BMWG.DE) to halt production i... More »
FILE PHOTO: The Hyundai logo is seen at the 2017 New York International Auto Show in New York City, U.S. April 12, 2017. REUTERS/Brendan Mcdermid/File Photo Bruised by anti-Korean sentiment in its biggest market and losing ground to local automakers, Hyundai M... More »
A picture of the travel advisory page of Qatar Airways advising passengers bound for the United States from seven newly banned majority Muslim countries that they need to have either a U.S. green card or diplomatic visa, January 28, 2017 in London, Britain. Pi... More »
FILE PHOTO: Peter Fleet, the president of Ford ASEAN, speaks during a news conference at a hotel in Bangkok March 23, 2011. REUTERS/Chaiwat Subprasom Ford Motor Co (F.N), which earlier this week named turnaround expert James Hackett as its chief executive offi... More »
Newly named Ford Motor Company president and CEO James Hackett answers questions from the media during a press conference at Ford Motor World Headquarters in Dearborn, Michigan, U.S., May 22, 2017. REUTERS/Rebecca Cook James Hackett spent the last year plottin... More »
The corporate logo of financial firm Morgan Stanley is pictured on the company’s world headquarters in New York, U.S. April 17, 2017. REUTERS/Shannon Stapleton Morgan Stanley, the biggest U.S. brokerage by head count, told brokers Tuesday that it is standing d... More »
FILE PHOTO: Dollar banknotes are seen in this picture illustration taken April 28, 2017. REUTERS/Dado Ruvic/Illustration/File Photo The dollar started the week on the defensive on Monday after U.S. economic data came in shy of expectations and another missile ... More »
The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo Nissan Motor Co (7201.T) has fallen behind its top North American competitors in the health of its working relationships with suppliers while General Motors Co (... More »
Philippine President Rodrigo Duterte attends the World Economic Forum on ASEAN at a hotel in Phnom Penh, Cambodia, May 11, 2017. REUTERS/Samrang Pring Philippine lawmakers started hearing an impeachment complaint against President Rodrigo Duterte on Monday, wh... More »
South Korea said on Monday it will send special envoys to the United States, China, Japan, Russia and Germany to establish firmer ties as tensions mount on the Korean Peninsula in the wake of a missile launch by North Korea over the weekend. More »
A mural signed by ‘TV Boy’ and depicting Pope Francis and U.S. President Donald Trump kissing, is seen on a wall in downtown Rome, Italy May 11, 2017. REUTERS/Tony Gentile A life-size mural depicting Pope Francis with a saintly halo kissing U.S. President Dona... More »
Japan’s Prime Minister Shinzo Abe adjusts his headphones during a news conference at a hotel in London, Britain April 29, 2017. REUTERS/Peter Nicholls Japanese Prime Minister Shinzo Abe and South Korea’s new president, Moon Jae-in, agreed on Thursday to work t... More »
Saudi security forces shot dead a wanted man in eastern Saudi Arabia on Wednesday, a local newspaper reported, after gunmen tried to stop redevelopment work at the old quarter of Awamiya, where authorities say Shi’ite militants are hiding. More »
FILE PHOTO: Dollar banknotes are seen in this picture illustration taken April 28, 2017. REUTERS/Dado Ruvic/Illustration/File Photo The dollar edged lower after notching an eight week high against the yen on Thursday in Asian trade, while the New Zealand dolla... More »
A picture illustration shows Mexican pesos and U.S. dollars banknotes in Mexico City July 6, 2015. REUTERS/Edgard Garrido The dollar held gains against the yen on Thursday after U.S. President Donald Trump’s tax plan offered no fresh surprises, slowing the gre... More »
The longevity of the technology stocks rally is on the line next week as Netflix Inc (NFLX.O) kicks off the earnings season for a sector that has mushroomed to account for more than a fifth of the U.S. stock market’s value. More »
A money changer holds stacks of US dollar notes in Jakarta, August 29, 2013. REUTERS/Beawiharta The dollar slipped against a basket of currencies on Thursday, weighed down by caution over the impending U.S.-China summit and geopolitical concerns. More »
FILE PHOTO: A Chinese 100 yuan banknote is placed under a $100 banknote (top) in this photo illustration taken in Beijing in this November 7, 2010 file photo. REUTERS/Petar Kujundzic/File Photo U.S. President Donald Trump looks unlikely to formally declare Chi... More »
Investors are betting Alan Howard can reclaim his touch as a star macroeconomic trader, helping Brevan Howard Asset Management amass more than $3 billion (2.4 billion pounds) for a hedge fund he alone will control. More »
FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo The dollar wobbled in Asian trading on Monday as some lacklustre U.S. data and comments from Federal Reserve officials gave investo... More »
Lights are on as people work in their offices in a skyscraper in downtown Milan, February 17, 2015. REUTERS/Stefano Rellandini/File Photo Businesses across the euro zone marked the end of the first quarter by ramping up activity at the fastest pace in almost s... More »
High U.S. share prices are pushing Lipper Award-winning equity fund managers into the shares of beaten-down healthcare companies, retailers and emerging-market stocks that they say offer a greater chance for outsized gains. More »
Rising short-term interest rates in the United States are prompting Lipper Award-winning bond fund managers to add emerging-market debt and non-agency backed residential mortgages that they say offer more potential for gains in the year ahead. More »
A Senegalese Islamic channel shocked viewers with half an hour of hardcore pornography in the middle of the day, in what the TV station on Wednesday attributed to a “criminal act”. More »
An employee checks U.S. dollar bank-notes at a bank in Hanoi, Vietnam August 12, 2015. REUTERS/Kham The dollar struggled near a four-month low against the yen on Wednesday as a bout of investor risk aversion hit U.S. stocks and sent U.S. Treasury yields sharpl... More »
Stone Milliner, one of Europe’s best-performing hedge funds that bets on macroeconomic events, lost 2.1 percent in the first two months of 2017, its worst start to a year, an investor letter seen by Reuters showed. More »
By Beth Pinsker NEW YORK Health Savings Accounts feature prominently in the new healthcare bill being considered by the U.S. House of Representative More »
An employee of the Korea Exchange Bank counts one hundred dollar notes at the bank’s headquarters in Seoul February 24, 2009. REUTERS/Jo Yong-Hak The dollar hit five-week lows against its peers on Friday, in the wake of the Federal Reserve’s cautious message t... More »
FILE PHOTO: Members of the Chinese People Liberation Army Navy stand by a helicopter on the PLA(N) ship Haikou as it sits docked at Joint Base Pearl Harbor Hickam in Honolulu, Hawaii, July 5, 2014. REUTERS/Hugh Gentry/File Photo China’s accelerated military de... More »
Chinese Premier Li Keqiang said on Wednesday that China hopes to maintain peace and stability in the South China Sea by pushing forward with negotiations for a code of conduct for rival claimants in the disputed waters. More »
By Beth Pinsker NEW YORK Tax season in the United States is off to a slow start.The number of people filing their taxes with the Internal R More »
A man counts U.S dollar bills at a money exchange office in central Cairo, Egypt, March 7, 2017. REUTERS/Mohamed Abd El Ghany The dollar firmed to seven-week highs against the yen on Friday, as investors awaited U.S. jobs data ahead of next week’s Federal Rese... More »
The run of gains on Wall Street turns 8 years old on Thursday and, despite its advanced age, is expected to rage on, with perhaps a few hiccups, based on a combination of stronger company earnings, lower taxes and a corporate-friendly administration in Washing... More »
FILE PHOTO: A teller holds U.S. $100 dollar at a bank in Taipei, Taiwan February 23, 2017. Picture taken February 23, 2017. REUTERS/Tyrone Siu/File Photo The dollar slipped in Asian trading on Monday, as investors locked in gains after its rise last week on gr... More »
A man counts U.S dollars at a money exchange office in central Cairo, Egypt, December 27, 2016. REUTERS/Mohamed Abd El Ghany The dollar ticked up on Wednesday as Federal Reserve policy-setters fanned expectations of a rate hike this month, while U.S. President... More »
William Dudley, President of the New York Federal Reserve Bank, speaks at Brooklyn College in the Brooklyn borough of New York, March 7, 2014. REUTERS/Keith Bedford/File Photo A handful of Federal Reserve policymakers on Tuesday jolted markets into higher expe... More »
China’s FX regulator said on Monday that it will strengthen supervision of the foreign exchange market in 2017, while improving policy transparency and promoting the further opening of financial markets. More »
FILE PHOTO: People are silhouetted as they pose with laptops in front of a screen projected with binary code and a Central Inteligence Agency (CIA) emblem, in this picture illustration taken in Zenica, Bosnia and Herzegovina October 29, 2014. REUTERS/Dado Ruvi... More »
China for the first time became Germany’s most important trading partner in 2016, overtaking the United States, which fell back to third place behind France, data showed on Friday. More »
Rank-and-file Republicans are more concerned about leaks to the media of conversations between Trump advisers and the Russian government than they are about the conversations themselves, according to a Reuters/Ipsos opinion poll released Wednesday. More »
File Photo: Chinese dredging vessels are purportedly seen in the waters around Mischief Reef in the disputed Spratly Islands in the South China Sea in this still image from video taken by a P-8A Poseidon surveillance aircraft provided by the United States Navy... More »
FILE PHOTO: The Verizon logo is seen on one of their retail stores in San Diego, California, U.S. April 21, 2016. REUTERS/Mike Blake/File Photo Verizon Communications Inc (VZ.N) said on Tuesday it would buy Yahoo Inc’s (YHOO.O) core business for $4.48 billion,... More »
Association of South East Asian Nations (ASEAN) Foreign Ministers link arms during the ASEAN Foreign Ministers’ Retreat in Boracay, central Philippines February 21, 2017. L-R: Saleumxay Kommasith, Minister of Foreign Affairs of Laos- Anifah Aman, Minister of F... More »
A woman is seen outside the main entrance to the Papantla federal prison, currently under construction, in Papantla, in Veracruz state, Mexico, September 8, 2016. REUTERS/Oscar Martinez Guards at one of Mexico’s high security prisons have to worry much more ab... More »
FILE PHOTO – An employee checks U.S. dollar bank-notes at a bank in Hanoi, Vietnam August 12, 2015. REUTERS/Kham The dollar extended losses on Tuesday after President Donald Trump’s national security adviser Michael Flynn quit, with investors waiting to see wh... More »
FILE PHOTO – A vendor of cedar cones counts Russian rouble banknotes at a street market in Krasnoyarsk, Russia, October 17, 2016. REUTERS/Ilya Naymushin/File Photo The latest rally in emerging market currencies is unlikely to last long, a Reuters poll showed o... More »
Fox Television’s broadcast of Super Bowl LI on Sunday night drew 111.3 million viewers, according to Nielsen data released by the network on Monday, the smallest audience for the National Football League’s title game in four years. More »
FILE PHOTO – Republican presidential candidate Donald Trump speaks to police gathered at Fraternal Order of Police lodge during a campaign event in Statesville, North Carolina, U.S. on August 18, 2016. REUTERS/Carlo Allegri/File Photo Steve Loomis, president o... More »
