U.S. President Donald Trump (C) and Health and Human Services Secretary Tom Price (L) enter the U.S. Capitol in Washington, U.S., March 21, 2017. REUTERS/Kevin Lamarque Republicans considering whether or not to back U.S. President Donald Trump’s healthcare ref... More »
FILE PHOTO – U.S.Treasury Secretary Steven Mnuchin speaks at a press briefing at the White House in Washington, U.S. on February 14, 2017. REUTERS/Kevin Lamarque/File Photo Wary of their first official encounter with U.S. President Donald Trump’s blustery trad... More »
FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France on February 20, 2017. REUTERS/Pascal Rossignol/File Photo Only two years ago, an outage similar to the one that struck Amazon’s cloud services last month ... More »
FILE PHOTO – A police officer keeps watch in front of the U.S. Federal Reserve in Washington, DC, U.S. on October 12, 2016. REUTERS/Kevin Lamarque/File Photo U.S. household wealth has hit record levels. U.S. stock prices recently hit all-time highs. Inflation ... More »
FILE PHOTO: A Vodafone logo is seen on a mobile internet dongle in this photo illustration, November 9, 2010. REUTERS/Suzanne Plunkett/Illustration/File Photo British mobile operator Vodafone risks being left on the sidelines as rivals converge to break free f... More »
FILE PHOTO: U.S. President Donald Trump attends a listening session with CEOs of small and community banks at the White House in Washington, U.S., March 9, 2017. REUTERS/Carlos Barria/File Photo President Donald Trump has launched a charm offensive of the type... More »
FILE PHOTO: Russian President Vladimir Putin speaks during a news conference at the Kremlin in Moscow, Russia, January 17, 2017. REUTERS/Sergei Ilnitsky/Pool/File Photo With his administration on the defensive over investigations into alleged Russian meddling ... More »
FILE PHOTO: Traffic backs-up going south into Mexico in the border town of San Ysidro, California. September 3, 2015. REUTERS/Mike Blake Investors are starting to focus on lead due to the large amounts of the metal in batteries used in increasingly popular sto... More »
An employee works on an assembly line producing automobiles at a factory in Qingdao, Shandong Province, China, March 1, 2016. REUTERS/Stringer/File Photo Asian factories extended a global manufacturing revival as activity picked up steam in February, though th... More »
U.S. President Donald Trump shakes hands after delivering his first address to a joint session of Congress from the floor of the House of Representatives iin Washington, U.S., February 28, 2017. REUTERS/Jim Lo Scalzo/Pool U.S. President Donald Trump showed a d... More »
The office building of health insurer Anthem is seen in Los Angeles, California February 5, 2015. REUTERS/Gus Ruelas Anthem Inc. (ANTM.N) and other U.S. health insurers complained to the White House for more than a year that they were losing money on people wh... More »
Used oil barrels are seen outside a garage in Cuevas del Becerro, near Malaga, southern Spain February 16, 2015. REUTERS/Jon Nazca Passive investment funds are poised to shift an estimated $2 billion from far-term to near-term crude futures over the next week,... More »
People shop at a market in Dalian, Liaoning province, China, June 9, 2016. REUTERS/Stringer/File Photo A flurry of construction in the Chinese city of Shenyang belies a regional economy in crisis, a striking example of the increasingly diminishing returns from... More »
FILE PHOTO – Oil and gas tankers sit anchored off the Fos-Lavera oil hub near Marseille, southeastern France, December 12, 2008. REUTERS/Jean-Paul Pelissier/File Photo Oil traders from around the world, including the United States, Britain and Brazil, have tri... More »
A quarantine researcher checks on a chicken at a poultry farm in Xiangyang, Hubei province, China, February 3, 2017. Picture taken February 3, 2017. REUTERS/Stringer Bird flu infection rates on Chinese poultry farms may be far higher than previously thought, b... More »
FILE PHOTO: Offices in the financial district of Canary Wharf in London, Britain, January 19, 2017. REUTERS/Kevin Coombs/File Photo Rock-bottom interest rates hurt more big European banks in 2016 than in the previous year, but the worst could soon be over with... More »
The Reserve Bank of India (RBI) Governor Urjit Patel speaks during a news conference after the bimonthly monetary policy review in Mumbai, India December 7, 2016. REUTERS/Danish Siddiqui/File Photo Denny Jose, a small-town caterer in the southern Indian state ... More »
A view shows the U.S. Food and Drug Administration (FDA) headquarters in Silver Spring, Maryland August 14, 2012. REUTERS/Jason Reed/File Photo U.S. President Donald Trump’s vow to roll back government regulations at least 75 percent is causing anxiety for som... More »
FILE PHOTO – A woman walks past a portrait of Thailand’s King Maha Vajiralongkorn Bodindradebayavarangkun at a department store in central Bangkok, Thailand January 13, 2017. REUTERS/Athit Perawongmetha/File Photo From requiring constitutional changes to pushi... More »
U.S. President Donald Trump listens to a translation during a joint news conference with Japanese Prime Minister Shinzo Abe at the White House in Washington, U.S., February 10, 2017. REUTERS/Joshua Roberts Despite his campaign vows to take a tougher line with ... More »
European investors are piling into exchange-traded funds, favoring those that mimic active fund managers, in a market where traditional trading relationships between assets are breaking down. More »
FILE PHOTO: German Chancellor Angela Merkel addresses the media at the Chancellery in Berlin, Germany, January 18, 2017. REUTERS/Fabrizio Bensch/File Photo A serious challenger to German Chancellor Angela Merkel is forcing global investors to parse another pot... More »
The headquarters of the European Central Bank (ECB) are illuminated with a giant euro sign at the start of the ‘Luminale, light and building’ event in Frankfurt, Germany, March 12, 2016. EUTERS/Kai Pfaffenbach/File Photo For seven years, the United States has ... More »
A Swiss flag is pictured in front of the Federal Palace (Bundeshaus) is pictured in Bern, Switzerland, January 16, 2017. Picture taken on January 16, 2017. REUTERS/Denis Balibouse U.S. medical implant maker Zimmer Biomet’s (ZBH.N) decision on a potential $40 m... More »
Medium-rise and low-rise residences and office buildings are seen from the first observatory deck of Tokyo Sky Tree in Tokyo October 30, 2011. REUTERS/Issei Kato/File Photo Commercial property prices in Tokyo, a bellwether for Japan’s market, look to have peak... More »
A tourist carrying a Union Flag umbrella walks in the rain during a spell of wet weather, next to The Tower of London, in London, Britain January 15, 2017. REUTERS/Peter Nicholls Just as London appears to be coming round to the idea that it will need a tempora... More »
A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly U.S. companies are set to report their strongest profit growth in two years, which could go a long way to... More »
FILE PHOTO — A 2018 Chevrolet Bolt EV is displayed during the North American International Auto Show in Detroit, Michigan, U.S., January 9, 2017. REUTERS/Rebecca Cook/File Photo Electric cars will pick up critical momentum in 2017, many in the auto industry be... More »
The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany, December 8, 2016. REUTERS/Ralph Orlowski A sharp rebound in euro zone inflation and a better-than-expected business outlook are certain to fire up demands f... More »
The Wall St. sign is seen outside the door to the New York Stock Exchange in New York’s financial district February 4, 2014. REUTERS/Brendan McDermid Social media firm Snap Inc may be the highest profile tech IPO planned for 2017, with the potential to raise b... More »
Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York, U.S. on February 11, 2014. REUTERS/Brendan McDermid/File Photo U.S. chief executives, already wrestling with a steady flow of activist investors... More »
A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany September 30, 2016. REUTERS/Kai Pfaffenbach/File Photo Deutsche Bank’s pursuit of success on Wall Street has come at a high price, a $7 billion plus penalty illustrating the... More »
An ARJ21-700, China’s first domestically produced regional jet, arrives at Shanghai Hongqiao Airport after making its first flight from Chengdu to Shanghai, China June 28, 2016. REUTERS/Aly Song/File Photo New rules governing Chinese airline startups are fueli... More »
Rex Tillerson speaks during the IHS CERAWeek 2015 energy conference in Houston, Texas April 21, 2015. REUTERS/Daniel Kramer/File Photo With more than 20 nominees now selected, Donald Trump&rsquo-s cabinet appears much like the president-elect himself: mostly o... More »
A police officer keeps watch in front of the U.S. Federal Reserve in Washington October 12, 2016. REUTERS/Kevin Lamarque/File Photo The Federal Reserve inaugurates the Trump era this week with a near-certain interest rate increase and new economic forecasts pr... More »
The Bank of Italy logo is seen at the company’s headquarters in Milan, Italy, January 19, 2016. REUTERS/Stefano Rellandini/File Photo Speculators convinced the euro zone faces fresh instability have zeroed in on Italy’s constitutional reform referendum on Sund... More »
A man and power lines are reflected in a Telstra poster adorning a public telephone in Sydney, Australia, August 13, 2015. REUTERS/David Gray/File Photo The ability of Australian telecoms company Telstra Corporation (TLS.AX) to offset the fall in its tradition... More »
Donald Trump sits with U.S. Senator Jeff Sessions (R-AL) at Trump Tower in Manhattan, New York, U.S., October 7, 2016. REUTERS/Mike Segar/File Photo The main U.S. visa program for technology workers could face renewed scrutiny under President-elect Donald Trum... More »
A trader works at his desk as the U.S. presidential town hall debate between Republican U.S. presidential nominee Donald Trump and Democratic nominee Hillary Clinton is shown on television at Citibank’s trading floor located in central Sydney, Australia, Octob... More »
A fisherman repairs nets in Maputo, Mozambique, September 26, 2016. REUTERS/Grant Lee Neuenburg/File Photo Mozambique’s finance minister has a plan to deal with a debt crisis that threatens to derail one of Africa’s most promising frontier economies but invest... More »
Mechanic Andrew Newingham uses a wireless headset and voice-controlled computer to quickly input details about an auxiliary power unit engine needing repairs at a Honeywell Aerospace service center in Phoenix, Arizona September 6, 2016. REUTERS/Alwyn Scott In ... More »
Signage for an AT&T store is seen in New York October 29, 2014. REUTERS/Shannon Stapleton/File Photo The tie-up of AT&T Inc (T.N) and Time Warner Inc (TWX.N), bringing together one of the country’s largest wireless and pay TV providers and cable networks like ... More »
Republican U.S. presidential nominee Donald Trump holds a campaign rally in Naples, Florida, U.S. October 23, 2016. REUTERS/Jonathan Ernst Prospects that the presidential election will inject a hefty dose of volatility into U.S. stock markets are fading fast a... More »
U.S. Democratic presidential nominee Hillary Clinton speaks at a voter registration rally at Wayne State University in Detroit, Michigan, U.S. October 10, 2016. REUTERS/Lucy Nicholson Hillary Clinton’s campaign is confronting an emerging risk to her presidenti... More »
Italian Prime Minister Matteo Renzi makes a speech during a news conference in Rome, Italy, November 24, 2015. REUTERS/Tony Gentile/File Photo He’s rude about Brussels, calls Berlin stingy with cash and Paris mean on helping refugees- he threw a tantrum this m... More »
Outgoing French Economy Minister Emmanuel Macron attends a news conference after his resignation, at Bercy Finance Ministry in Paris, France, August 30, 2016. REUTERS/Gonzalo Fuentes/File Photo Inside the election war rooms of Paris, French politicians on both... More »
Leon G. Cooperman Chairman, Omega Advisors, speaks on a panel discussion at the annual Skybridge Alternatives Conference (SALT) in Las Vegas May 9, 2013. REUTERS/Rick Wilking On Oct. 5, the U.S. Supreme Court will hear oral arguments on a question that has cre... More »
U.S. Federal Reserve Chair Janet Yellen speaks during a news conference following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, DC, U.S. on March 16, 2016. REUTERS/Kevin Lamarque/File Photo Market volatility is low, U.S. census... More »
SINGAPORE/LONDON Oil industry hopes that markets are about return to balance, ending a global glut that pulled down prices by over 70 percent between 2014 and early 2016, might be abruptly dashed. Despite recent disruptions and output cuts, there is mounting e... More »
SAN FRANCISCO Warren Buffett struck media gold with a 2012 investment in debt-laden Media General Inc. Now the famed investor may try to reprise that success by supporting a bid for Yahoo Inc’s Internet assets. The Berkshire Hathaway Inc chairman is backing a ... More »
BEIJING/DETROIT Tomorrow’s cars will be all-electric, self-driving, connected to high-speed communications networks … and free. And probably Chinese. That, at least, is the vision of Jia Yueting, a billionaire entrepreneur and one of a new breed of Chinese who... More »
BRUSSELS In Athens, walls have ears. The leaking of a conference call of International Monetary Fund officials on Greece’s latest bailout review has further undermined mutual trust in fraught debt talks, embarrassed the European Commission and infuriated the I... More »
BEIJING Cadillac, a favorite among America’s older ‘supper club set’, is revving up sales to younger luxury buyers in China through smoother designs and localized production to keep prices accessible. The General Motors (GM.N) brand is softening some hard edge... More »
BRUSSELS Europe’s emerging migration policy is looking increasingly like Donald Trump without the hair. Except that, unlike the Republican presidential frontrunner, who wants to make Mexico pay for a wall to keep migrants out of the United States, the European... More »
Amid Yemen’s misery, two young women living in the war-damaged cities of Aden and Sanaa know they are among the relatively fortunate. They are not starving, their homes have not been destroyed and they have survived bombs and bullets unscathed. But both long t... More »
In the day following Russian tennis star Maria Sharapova’s admission that she failed a drug test, sponsors Nike, Porsche and Swiss watchmaker Tag Heuer dropped her like a hot potato. Before social media demanded instant responses, sponsors often waited weeks o... More »
SAN FRANCISCO/BOSTON The U.S. cyber security industry, once one of the hottest targets for venture capitalists, is now grappling with a funding slump that has forced some startups to sell themselves or cut spending. Amid widespread concerns about cyber attacks... More »
PARIS Distracted by an unresolved migration crisis and negotiations on keeping Britain in the European Union, euro zone leaders could be caught unprepared by a new storm on financial markets. Global market turmoil since the start of the year has helped set war... More »
SYDNEY January updates on Asia’s mammoth factory sector released on Monday showed the new year began much as the old one ended – with too much capacity chasing too little demand. China was again the epicentre of disappointment as its official measure of manufa... More »
SAN FRANCISCO/WASHINGTON In the U.S. Federal Reserve’s arsenal of tools the characterization of economic risks is heavy artillery, used to flag the moments when major events like the 2003 Iraq war or the near crack-up of the euro zone in 2011 make forecasting ... More »
LONDON Moribund. Decrepit. Sclerotic. Popular words to describe the economy shared by the 19 countries of the euro zone – but perhaps no longer apt. Very slowly – and primarily because of massive stimulus from the European Central Bank – the euro zone is showi... More »
BOSTON/SINGAPORE Parents who gave their child a Kidizoom smartwatch or a VTech InnoTab tablet may have exposed them to identity theft after Hong Kong-based VTech said hackers stole the personal information of more than 6 million children. The breach underscore... More »
SHANGHAI China, already a global powerhouse in high-tech areas from solar panels to bullet trains, is turning its industrial might to the challenge of making more of its own drugs for a vast and aging population. Given the 10 years or more it typically takes t... More »
BUENOS AIRES By the end of President-elect Mauricio Macri’s first four-year term, Argentina will have doubled wheat shipments and surpassed Russia and Brazil as a corn exporter, by some estimates, as the abandonment of years-long trade restraints unleashes the... More »
SAN FRANCISCO Snapchat, maker of a free mobile app that lets users send videos and messages that disappear in seconds, is struggling to gain traction with advertisers, fuelling investor concern that its $16 billion valuation isn’t justified by a business that ... More »
SAN FRANCISCO Federal Reserve Chair Janet Yellen, praised as an adept listener and consensus builder, may need to adopt a stronger tone at this week’s policy meeting if she expects to keep a December interest rate rise in play. Yellen’s inclusive style has bee... More »
SAN FRANCISCO The much anticipated initial public offering from Silicon Valley payments company Square could take a price hit if its chief executive, Jack Dorsey, takes a second and possibly more demanding job: running Twitter. A distracted CEO juggling two co... More »
NEW YORK The global market volatility that upended investors over the last six weeks may last deep into autumn now that the Federal Reserve has decided to keep interest rates unchanged, several equity and fixed income portfolio managers said on Thursday. The F... More »
BRUSSELS Deep divisions over how to cope with a flood of migrants from the Middle East, Africa and Asia pose a threat to the European Union’s values and global standing and may diminish its ability to act jointly to reform the euro zone and ease Greece’s debt.... More »
BERLIN Returning from her summer break in mid-August, German Chancellor Angela Merkel raised some eyebrows by describing Europe’s refugee problem as a bigger challenge than the Greece crisis, which had overshadowed all else in the first half of 2015. No one in... More »
SAN FRANCISCO The waves of cash surfed relentlessly by some of Silicon Valley’s largest venture-backed businesses are showing signs of receding amid concern the companies may already worth more than they’re likely to be valued once they finally go public. Inve... More »
NEW YORK Growing pension obligations at Precision Castparts Corp (PCP.N), which Berkshire Hathaway has agreed to buy for $32 billion, highlight an issue that large U.S. corporations still face, almost a decade into a low-interest rate environment. Berkshire’s ... More »
BRUSSELS The latest paroxysm of Greece’s debt crisis has exposed growing rifts in the euro zone which, unless addressed soon, could lead to the break-up of European monetary union, the EU’s most ambitious project. The most worrying sign for European leaders is... More »
