President of the Presidium of the Supreme People’s Assembly of North Korea Kim Young Nam and Kim Yo Jong, the sister of North Korea’s leader Kim Jong Un, are greeted by South Korea’s Prime Minister Lee Nak-yeon as they smile before a banquet in Seoul, South Ko... More »
A specialist trader works at his post on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., February 9, 2018. REUTERS/Brendan McDermid NEW YORK (Reuters) – Bond vigilantes could be finding allies in the stock market. With inflation fears back ... More »
Traders work on the floor of the New York Stock Exchange ahead of the opening bell in New York, U.S., February 7, 2018. REUTERS/Brendan Mcdermid NEW YORK (Reuters) – As the U.S. stock market suffered its worst selloff in more than six years on Monday, Richmond... More »
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., February 2, 2018. REUTERS/Lucas Jackson NEW YORK (Reuters) – For nearly nine years, the global hunt for yield sent you to one place: the U.S. stock marke... More »
FILE PHOTO: People walk past J.P. Morgan Tokyo Building in Tokyo May 11, 2012. REUTERS/Toru Hanai/File Photo HONG KONG/SINGAPORE/TOKYO (Reuters) – Western banks are bulking up in Japan, attracted by record investment banking fees and expectations of a rise in ... More »
A horse-drawn carriage is pictured on a street in Dragomiresti, Dambovita county, Romania, January 23, 2018. Picture taken January 23, 2018. Inquam Photos/Octav Ganea via REUTERS DRAGOMIRESTI, Romania (Reuters) – Romanian mayor Dragos Vladulescu has a criminal... More »
FILE PHOTO: Administrator of the Centers for Medicare and Medicaid Services Seema Verma speaks after being sworn in by U.S. Vice President Mike Pence in Washington, U.S., March 14, 2017. REUTERS/Kevin Lamarque/File Photo (Reuters) – A lawsuit challenging the U... More »
A woman walks in front of a currency exchange shop in the town of Esztergom, Hungary November 11, 2017. Picture taken November 11, 2017. REUTERS/Laszlo Balogh ESZTERGOM, Hungary/STUROVO, Slovakia (Reuters) – On the euro zone’s eastern flank, some Slovaks in th... More »
Mobile memory chips made by chipmaker SK Hynix are seen in this picture illustration taken in Seoul May 10, 2013. REUTERS/Lee Jae-Won SEOUL (Reuters) – After a blistering year-and-a-half long surge, a sudden drop in some memory prices, followed by Samsung Elec... More »
FILE PHOTO: Marijuana is seen for sale at Harborside, one of California’s largest and oldest dispensaries of medical marijuana, on the first day of legalized recreational marijuana sales in Oakland, California, U.S., January 1, 2018. REUTERS/Elijah Nouvelage/F... More »
SAN FRANCISCO (Reuters) – Global drugmakers are looking to a tiny biotech’s $850,000 therapy for a rare type of blindness as a model for getting paid for highly expensive – and effective – new medicines. Spark Therapeutics Inc plans to launch its recently appr... More »
FILE PHOTO: Workers prepare their store for customers at a newly built Walmart Super Center prior to its opening in Compton, California, U.S., January 10, 2017. REUTERS/Mike Blake/File Photo WASHINGTON (Reuters) – Walmart’s tit-for-tat minimum wage battle with... More »
A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica, California, U.S., January 4, 2018. REUTERS/Lucy Nicholson NEW YORK (Reuters) – The going is getting tough for U.S. companies hoping to win the race to bring a bitcoin exchange-traded fund to marke... More »
A pet dog is pictured in a sofa as it waits to watch a movie in a cinema for dogs at Cute Beast Pet Resort in Beijing, China December 22, 2017. Picture taken December 22, 2017. REUTERS/Jason Lee PINGYANG, China/SHANGHAI (Reuters) – Li Mingjie is a pet industry... More »
FILE PHOTO: Sparks glow from broken Bitcoin (virtual currency) coins in this illustration picture, December 8, 2017. REUTERS/Dado Ruvic/Illustration/File Photo NEW YORK (Reuters) – Stocks that surged in recent weeks because of the cryptocurrency mania have man... More »
LONDON (Reuters) – Hedge funds and other managers of catastrophe bond funds racked up some of the worst losses in more than a decade from this year’s hurricanes and wildfires. But a year that is shaping up to be the costliest on record for insurance losses fro... More »
FILE PHOTO: Fiber optic cables carrying internet providers are seen running into a server room at Intergate.Manhattan, a data center owned and developed by Sabey Data Center Properties, during a tour of the facility in lower Manhattan, in New York, March 20, 2... More »
The 21st Century Fox logo is seen outside the News Corporation headquarters in Manhattan, New York, U.S., April 29, 2016. REUTERS/Brendan McDermid/File photo (Reuters) – Walt Disney Co’s deal with Twenty-First Century Fox Inc gives the world’s best-known enter... More »
LOS ANGELES (Reuters) – Merck & Co Inc, maker of the only immunotherapy approved for patients newly-diagnosed with the most common type of lung cancer, could solidify its lead by playing the long game, even as rivals edge closer. Shares of Merck have fallen 10... More »
FILE PHOTO: A sign of Alibaba Group is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China, December 3, 2017. REUTERS/Aly Song/File Photo HANGZHOU, China (Reuters) – In a small village shop near the eastern Chinese city of Hang... More »
Jordanian Dinar, Yuan, Dollar, Canadian Dollar, Pound and Riyals banknotes are seen in this picture illustration taken June 13, 2017. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) – How much are you worth? For the FX and bond analysts covering the world’s b... More »
FILE PHOTO: A branch location of Fifth Third Bank is shown in Boca Raton, Florida, January 21, 2010. REUTERS/Joe Skipper (Reuters) – Squeezed by lower loan growth as interest rates finally begin to rise, regional U.S. banks have been giving more financial advi... More »
A general view shows the aerial subway and the city rooftops in Paris February 24, 2015. REUTERS/Gonzalo Fuentes PARIS/LONDON (Reuters) – The surprise decision to move the European Banking Authority to Paris will boost its chances of attracting London banks af... More »
An Airbus A380, the world’s largest jetliner, takes part in flying display, during the 52nd Paris Air Show at Le Bourget Airport near Paris, France June 25, 2017. REUTERS/Pascal Rossignol DUBAI (Reuters) – A preliminary deal to sell 36 A380s to Emirates blew u... More »
FILE PHOTO – The ticker and logo for General Electric Co. is displayed on a screen at the post where it’s traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2016. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – ... More »
Lei Xu and Justin Song once worked at electric carmaker Tesla Inc, one of the hottest companies in Silicon Valley. But with interest and investments in autonomous vehicles mounting, they left to pursue what they see as the next big thing. More »
Wall Street may love the shares of Silicon Valley electric carmaker Tesla Inc, but Americans love big, fuel-thirsty trucks like Ford Motor Co's bestselling F-Series pickups and are paying ever higher prices to buy them. 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 »
President Donald Trump's plan to make it easier for small businesses to band together and buy stripped-down health insurance plans could violate a federal law governing employee benefit plans and will almost certainly be challenged in court, legal experts said... More »
An unexpected helping hand from creditors, landlords and vendors is allowing more U.S. retailers to stay in business following bankruptcy with most of their stores and employees in the fold. More »
Imagine contact lenses that monitor glucose levels for diabetics, tiny implants to tackle chronic diseases, or algorithms that crunch data to predict illness rates. More »
Companies in Japan's service industries are struggling to hire and retain staff as the labor market becomes the tightest in decades, and are increasingly taking unorthodox steps to alleviate the shortage. 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 »
This summer, toy supplier Product Launchers delivered 100,000 specially ordered DC Comics fidget spinners to Toys 'R' Us, unaware that the biggest U.S. toy store chain was in financial trouble. More »
Internet giants, including Alphabet's Google (GOOGL.O) and Facebook (FB.O), are moving to compromise on several major policy issues as they adjust to an abrupt shift in the political winds in Washington. More »
China's latest push to revive its bloated state-owned sector is set to pick up pace this year, with bankers and investors expecting possible spin-offs and asset sales to follow a key Communist Party Congress in October. More »
While U.S. corporate pensions regained some swagger after Wall Street’s record run this summer, they are still far from their heyday before the 2007-2009 credit crunch when they appeared to be in great shape to meet retirement obligations. More »
China's economy continues to defy expectations for a slowdown, buoyed by strong global demand for its exports and a resilient property market - despite a government pledge to crack down on rising risks. More »
North Korea's firing of a ballistic missile over Japan could increase pressure on Washington to consider shooting down future test launches, although there is no guarantee of success and U.S. officials are wary of a dangerous escalation with Pyongyang. More »
Lebanon has begun reforms to repair its fragile economy after years of paralysis in decision-making but is under pressure to do more to prevent its rising debt spinning out of control. More »
A money laundering probe at Commonwealth Bank of Australia (CBA.AX) is the latest in a slew of scandals denting the reputation of Australian banks as simple, reliable lenders at the forefront in the battle against financial crime. More »
Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. More »
Asian investors, wary that the region’s stock markets and currencies have run up too far too fast and wondering whether it is time to take some money off the table, are finding that their concerns are not being reflected in major gauges of volatility and fear.... More »
FILE PHOTO: Flags fly over the Federal Reserve Headquarters on a windy day in Washington, U.S., May 26, 2017. The Federal Reserve’s plan for shrinking its massive balance sheet envisions a future with no holdings of mortgage bonds, a prospect that could presen... More »
FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S. on May 21, 2016. REUTERS/Lucy Nicholson/File Photo Amazon.com Inc’s (AMZN.O) game-changing move to upend the grocery business with a surprise deal to ... 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 »
Actor and comedian Bill Cosby (C) reacts after a judge declared a mistrial in his sexual assault trial at the Montgomery County Courthouse in Norristown, Pennsylvania, U.S., June 17, 2017. REUTERS/Lucas Jackson Although Bill Cosby’s sexual assault trial ended ... More »
Flags fly over the Federal Reserve Headquarters on a windy day in Washington, U.S., May 26, 2017. REUTERS/Kevin Lamarque A surprisingly weak run of U.S. inflation data has investors backing off bets the Federal Reserve will meet its three targeted interest rat... More »
High rise private residential buildings are seen in Hong Kong, China May 21, 2017. Picture taken May 21, 2017. REUTERS/Bobby Yip Hong Kong’s latest attempt at cooling home prices in one of the world’s most expensive property markets is expected to send buyers ... 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 demonstrator shows a picture of President Michel Temer near a burning barricade during a protest against Temer and the latest corruption scandal to hit the country, in Brasilia, Brazil, May 24, 2017. Picture taken May 24, 2017. The sign reads: ‘Out Temer!.’ ... More »
FILE PHOTO: Boxes of Ansell condoms are displayed for sale at a local pharmacy in Sydney, Australia, May 16, 2016. REUTERS/David Gray/File Photo April Zhang, a 21-year-old student from Shanghai, reflects the fast-shifting attitudes of China’s younger generatio... More »
FILE PHOTO: Humanoid robots work side by side with employees in the assembly line at a factory of Glory Ltd., a manufacturer of automatic change dispensers, in Kazo, north of Tokyo, Japan, July 1, 2015. REUTERS/Issei Kato/File Photo Desperate to overcome Japan... More »
French President-elect Emmanuel Macron reacts as he arrives to attend a handover ceremony with outgoing President Francois Hollande at the Elysee Palace in Paris, France, May 14, 2017. REUTERS/Yoan Valat/Pool While the election of Emmanuel Macron as French pre... More »
U.S. President Donald Trump speaks to reporters after his meeting with Russian Foreign Minister Sergey Lavrov at the White House in Washington, U.S., May 10, 2017. REUTERS/Kevin Lamarque Not even a week after the Trump administration and Congress rekindled opt... More »
An old man in need receives vegetable soup in a plastic cup to take away from the soup kitchen ‘Kana’ in a poor district of the city of Dortmund, western Germany, April 7, 2017. Picture taken April 7, 2017. REUTERS/Wolfgang Rattay For all its economic success,... More »
FILE PHOTO: Federal Reserve Chair Janet Yellen speaks during a news conference after a two day Federal Open Market Committee (FOMC) meeting in Washington, U.S., March 15, 2017. REUTERS/Yuri Gripas/File Photo At first glance, U.S. President Donald Trump and Fed... More »
Students of the University of Puerto Rico protest as a meeting of the Financial Oversight and Management Board for Puerto Rico is taking place at the Convention Center in San Juan, Puerto Rico March 31, 2017. Picture taken March 31, 2017. REUTERS/Alvin Baez Ba... More »
FILE PHOTO: The Apple Inc. store is seen in Los Angeles, California, U.S., September 16, 2016. REUTERS/Lucy Nicholson/File Photo Apple Inc’s (AAPL.O) decision to stop licensing graphics chips from Imagination Technologies Group Plc (IMG.L) is the clearest exam... More »
FILE PHOTO: A woman walks at the Bund in front of the financial district of Pudong in Shanghai March 5, 2015. REUTERS/Aly Song As China’s banks prepare for a rigorous quarterly inspection of their books by the central bank, the ructions in money markets and an... More »
The logo of Dow Jones Industrial Average stock market index listed company Boeing (BA) is seen in Los Angeles, California, United States, April 22, 2016. REUTERS/Lucy Nicholson A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisio... More »
FILE PHOTO – Uber CEO Travis Kalanick speaks to students during an interaction at the Indian Institute of Technology (IIT) campus in Mumbai, India, January 19, 2016. REUTERS/Danish Siddiqui/File photo Global ride-hailing firm Uber Technologies is rethinking it... 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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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