A lady shops at Aldi, a retail grocery store chain in Wheaton, Illinois, U.S., April 13, 2017. REUTERS/Nandita Bose German grocery chain Aldi Inc is trying to beat the world’s biggest retailer at its own game: low prices. More »
Multibillion-dollar U.S. hedge fund investor Schonfeld Strategic Advisors is in preliminary talks to open an office in Britain to invest in more European money managers, two sources with direct knowledge of the matter told Reuters. More »
Russian President Vladimir Putin attends a meeting with Uzbek President Shavkat Mirziyoyev (not pictured) in Moscow’s Kremlin, Russia April 5, 2017. REUTERS/Pavel Golovkin/Pool A Russian government think tank controlled by Vladimir Putin developed a plan to sw... More »
Warren Buffett, chairman and CEO of Berkshire Hathaway, speaks at the Fortune’s Most Powerful Women’s Summit in Washington October 13, 2015. REUTERS/Kevin Lamarque/File Photo Wells Fargo & Co’s (WFC.N) largest investor, Warren Buffett, has likely already voted... More »
FILE PHOTO: A Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France May 27, 2015. REUTERS/Benoit Tessier/File Photo A company built around the research of Craig Wrigh... More »
FILE PHOTO: 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 Billionaire investor Carl Icahn’s oil refining company, CVR Energy, m... More »
NAmerico Partners LP is proposing a multibillion-dollar pipeline to ferry natural gas from fast-growing fields in West Texas to the Gulf Coast, the company said on Monday, angling to match plans by rivals such as Kinder Morgan Inc (KMI.N). More »
A general view of Bukit Jalil immigration detention center in Kuala Lumpur, Malaysia, March 28, 2017. REUTERS/Lai Seng Sin More than one hundred foreigners died in the past two years in Malaysia’s immigration detention centers from various diseases and unknown... More »
Shaybah oilfield complex is seen at night in the Rub’ al-Khali desert, Saudi Arabia, November 14, 2007. REUTERS/ Ali Jarekji/File Photo Saudi Arabia’s crude exports to the United States in March will fall by around 300,000 barrels per day from February, in lin... More »
People walk past a major branch of HSBC at the financial Central district in Hong Kong, China February 21, 2017. REUTERS/Bobby Yip HSBC (HSBA.L) plans to add as many as 1,000 new employees to its Chinese retail banking and wealth management arm this year, the ... More »
FILE PHOTO: North Korean leader Kim Jong Un watched the ground jet test of a Korean-style high-thrust engine newly developed by the Academy of the National Defence Science in this undated picture provided by KCNA in Pyongyang on March 19, 2017. KCNA/via Reuter... More »
FILE PHOTO – U.S. Secretary of State Rex Tillerson speaks on issues related to visas and travel after U.S. President Donald Trump signed a new travel ban order in Washington, U.S., March 6, 2017. REUTERS/Kevin Lamarque/File Photo Secretary of State Rex Tillers... More »
FILE PHOTO: U.S Secretary of State Rex Tillerson looks on during a joint press conference with Chinese Foreign Minister Wang Yi (not pictured) at Diaoyutai State Guesthouse in Beijing, China, March 18, 2017. REUTERS/Lintao Zhang/Pool U.S. Secretary of State Re... More »
FILE PHOTO: LeEco’s new Le Pro3 phone is on display during a press event in San Francisco, California, U.S. October 19, 2016. RETUERS/Beck Diefenbach/File Photo Chinese technology conglomerate LeEco is looking to sell a 49-acre U.S. Silicon Valley property les... More »
Bayliss and Maiya Keidan 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 »
FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson/File Photo BlackRock Inc(BLK.N), which wields outsized clout as the world’s largest asse... More »
File photo: Flags of G20 countries are seen outside the G20 venue before the start of the G20 Summit of major world economies in Cannes November 3, 2011. REUTERS/Dylan Martinez Global efforts to create a market for growth-linked bonds that could help avert deb... More »
FILE PHOTO – A logo of Toshiba Corp is seen outside an electronics retail store in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai/File Photo The Japanese government, fretting over the future of Toshiba Corp’s flagship memory chips unit, is prepared to blo... More »
MGM Holdings Inc is in talks to acquire the 81 percent of Epix it does not already own from two of its partners in the premium U.S. channel, Viacom Inc (VIAB.O) and Lionsgate LGFA.N, people familiar with the matter said on Thursday. More »
The founder of former telecommunications company Global Crossing Inc, Gary Winnick, has acquired a majority stake in live streaming concert service Qello – the first step in creating a new company and technology platform to capitalize on the surge in online TV... More »
The founder of former telecommunications company Global Crossing Inc, Gary Winnick, has acquired a majority stake in live streaming concert service Qello – the first step in creating a new company and technology platform to capitalize on the surge in online TV... More »
U.S. President Donald Trump looks up while hosting a House and Senate leadership lunch at the White House in Washington, U.S. March 1, 2017. REUTERS/Kevin Lamarque – RTS110BK President Donald Trump’s Treasury Secretary Steven Mnuchin used his first senior staf... More »
A logo of Toshiba Corp is seen outside an electronics retail store in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai Japan’s Toshiba Corp (6502.T) is preparing a potential $2 billion divestment of smart meter group Landis+Gyr, hoping to rake in capital af... More »
Mexican billionaire Carlos Slim speaks during a news conference in Mexico City, Mexico January 27, 2017. REUTERS/Edgard Garrido Mexico’s telecoms regulator has discussed forcing billionaire Carlos Slim to legally separate part of his fixed-line unit Telmex fro... More »
FILE PHOTO — Shopping carts are seen outside a new Wal-Mart Express store in Chicago July 26, 2011. REUTERS/John Gress/File Photo Wal-Mart Stores Inc (WMT.N) is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods supp... 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 »
U.S. President Donald Trump pauses during an an interview with Reuters in the Oval Office at the White House in Washington, U.S., February 23, 2017. REUTERS/Jonathan Ernst President Donald Trump said on Thursday he wants to ensure the U.S. nuclear arsenal is a... More »
President Donald Trump is interviewed by Reuters in the Oval Office at the White House in Washington, U.S., February 23, 2017. REUTERS/Jonathan Ernst U.S. President Donald Trump on Thursday spoke positively about a border adjustment tax being pushed by Republi... More »
A logo of yuan is seen at a foreign exchange store in Shanghai, China, December 1, 2015. REUTERS/Aly Song President Donald Trump declared China the “grand champions” of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a mo... More »
FILE PHOTO: An advertising board (L) showing a Chinese stone lion is pictured near an entrance to the headquarters (R) of China Securities Regulatory Commission (CSRC), in Beijing, China, September 7, 2015. REUTERS/Jason Lee/File Photo China’s securities regul... 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 »
A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake/File Photo China’s state-run Zhenhua Oil has signed a preliminary deal with Chevron (CVX.N) to buy the U.S. oil major’s natural gas fields in Bangl... More »
Jul 26, 2016- Miami, FL, USA- Miami Marlins center fielder Ichiro Suzuki (51) walks past the MLB sign during the fifth inning against the Philadelphia Phillies at Marlins Park. Mandatory Credit: Steve Mitchell-USA TODAY Sports Facebook Inc (FB.O) is in talks w... More »
Chief Executive Officer of Paramount Studios Brad Grey poses at a premiere of the film ‘Arrival’ in Los Angeles, California, November 6, 2016. REUTERS/Danny Moloshok Brad Grey, the chairman and chief executive officer of Viacom Inc’s (VIAB.O) Paramount Picture... More »
Walmart signage is displayed outside a company’s store in Chicago, Illinois, U.S. November 23, 2016. REUTERS/Kamil Krzaczynski Wal-Mart Stores Inc (WMT.N) for the first time will combine its own buying for products sold at its stores with purchases it makes fo... More »
A new residential quarter of the Country Garden is seen in Shanghai, China, February 10, 2017. REUTERS/Aly Song Chinese real estate developers surveyed by Reuters mostly plan to increase their land investments in 2017 as they shrug off record prices and govern... More »
FILE PHOTO: People walk along a village road on a polluted day after the Chinese Lunar New Year holidays on the outskirts of Langfang, Hebei province, China, February 3, 2017. REUTERS/Jason Lee/File Photo China is considering forcing steel and aluminum produce... More »
A U.S. Lockheed Martin F-16 flies during an air display at the Farnborough International Air Show, Hampshire, July 19, 2004. REUTERS/Toby Melville U.S. defence firm Lockheed Martin (LMT.N) wants to push ahead with plans to move production of its F-16 combat je... More »
A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016. REUTERS/David Gray/File Photo Goldman Sachs Investment Partners (GSIP), which opened in 2008 with one of the biggest launches in hedge fund history, is folding its London... More »
FILE PHOTO – 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 (TSLA.O) said on Wednesday it will shut down production at its California a... More »
The White House is seen in at dusk in Washington, U.S., February 7, 2017. REUTERS/Jim Bourg President Donald Trump is planning to issue an executive order targeting a controversial Dodd-Frank rule that requires companies to disclose whether their products cont... More »
An exterior of the SpaceX headquarters in Hawthorne, California May 29, 2014. REUTERS/Mario Anzuoni Space Exploration Technologies Corp, better known as SpaceX, plans to launch its Falcon 9 rockets every two to three weeks, its fastest rate since starting laun... More »
Laboratory Corporation of America Holdings (LabCorp) is in talks to acquire contract researcher Pharmaceutical Product Development LLC (PPD) for more than $8 billion, including debt, people familiar with the matter said on Friday. More »
Product Development Engineer Jigar Patel works with a CAD image of a thrust reverser cascade in development at Oxford Performance Materials Inc., the maker of more than 600 parts to be used on Boeing’s new Starliner manned spacecraft, in South Windsor, Connect... More »
Prescription painkiller oxycodone are shown at a pharmacy in Toronto, Ontario, Canada, January 17, 2017. Picture taken January 17, 2017. REUTERS/Hyungwon Kang As deaths from powerful painkillers continue to rise, Canada is pursuing unprecedented measures to cu... More »
The logo of Morgan Stanley is seen at an office building in Zurich, Switzerland September 22, 2016. REUTERS/Arnd Wiegmann/File Photo Morgan Stanley (MS.N) laid off a number of senior investment bankers last week and cut bonuses by roughly 15 percent because of... More »
An American Apparel store logo is pictured on a building along the Lincoln Road Mall in Miami Beach, Florida March 17, 2016. REUTERS/Carlo Allegri Canadian apparel maker Gildan Activewear Inc (GIL.TO) has won a bankruptcy auction for U.S. fashion retailer Amer... More »
U.S. President-elect Donald Trump speaks at the USA Thank You Tour event at the Wisconsin State Fair Exposition Center in West Allis, Wisconsin, U.S., December 13, 2016. REUTERS/Shannon Stapleton Scientists must confront climate change deniers and speak up if ... More »
The main entrance of the Monte dei Paschi bank headquarters is seen in Siena, Italy March 13, 2012. REUTERS/Max Rossi/File Photo The European Central Bank has rejected a request by Italy’s Monte dei Paschi di Siena (BMPS.MI) for more time to raise capital, a s... More »
A logo is pictured on the laboratory building on the Lonza site in Visp, western Switzerland September 10, 2013. REUTERS/Denis Balibouse Swiss pharmaceutical manufacturer Lonza Group AG on Monday confirmed it is in advanced talks with private equity firm KKR &... 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 The European Central Bank is ready to t... More »
The headquarters building of Anbang Insurance Group are pictured in Beijing, China, August 25, 2016. REUTERS/Jason Lee China’s Anbang Insurance Group Co [ANBANG.UL] is in talks to buy as much as $2.3 billion in Japanese residential property assets from Blackst... More »
The private investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is nearing a deal to acquire a significant minority stake in Infor Inc that will value the business software company at roughly $10 billion, according ... More »
General Electric employee Ron Carlson inspects a CF6-80C engine at the GE Aviation Peebles Test Operations Facility in Peebles, Ohio, November 15, 2013. REUTERS/Matt Sullivan FedEx Corp is grounding one of its planes temporarily that has an engine General Elec... More »
A man lights a cigarette along a road in Mumbai, India, October 26, 2016. REUTERS/Danish Siddiqui/File Photo The leadership of a World Health Organization (WHO) treaty aimed at controlling tobacco could be about to get tougher with the global tobacco industry. More »
A Google search page is seen through a magnifying glass in this photo illustration taken in Berlin, August 11, 2015. REUTERS/Pawel Kopczynski/Files EU antitrust regulators plan to order Alphabet’s (GOOGL.O) Google to stop paying financial incentives to smartph... More »
A man walks on a logo of the Monte Dei Paschi Di Siena bank in Rome, Italy September 24, 2013. REUTERS/Alessandro Bianchi/File Photo European regulators expect Italian bank Monte dei Paschi di Siena will have to turn to the government for support, three euro z... More »
A man holds his smartphone which displays the Google home page, in this picture illustration taken in Bordeaux, Southwestern France, August 22, 2016. REUTERS/Regis Duvignau Thailand is studying plans to toughen tax collection rules for internet and technology ... More »
A view shows the gold mining town of Diwalwal in Compostela Valley, southern Philippines May 25, 2012. REUTERS/Erik De Castro/File Photo The Philippines could suspend at least 10 more mines under an environmental crackdown on the sector, the minister in charge... More »
Boys sit on the Iraqi-Turkish pipeline in Zakho district of the Dohuk Governorate of the Iraqi Kurdistan province, Iraq, August 28, 2016. REUTERS/Ari Jalal Iraq’s government would consider selling crude through Iran should talks with the autonomous Kurdish reg... More »
By Jack Stubbs | RIO DE JANEIRO RIO DE JANEIRO Russian long jumper Darya Klishina will compete at the Rio Olympics after her ban from the Games was struck down by sport’s highest court on the eve of her event. Russian track and field suffered a final humiliati... More »
By Greg Roumeliotis | NEW YORK NEW YORK U.S. water technology company Xylem Inc is nearing a deal to acquire Sensus USA Inc, a provider of advanced metering technologies to utilities, for around $1.7 billion, including debt, according to people familiar with t... More »
WASHINGTON/SAN FRANCISCO A computer network used by Democratic presidential nominee Hillary Clinton’s campaign was hacked as part of a broad cyber attack on Democratic political organizations, people familiar with the matter told Reuters. The latest attack, wh... More »
CHICAGO The state of Florida, the first to report the arrival of Zika in the continental United States, has yet to invite a dedicated team of the federal government’s disease hunters to assist with the investigation on the ground, health officials told Reuters... More »
WASHINGTON Federal election observers can only be sent to five states in this year’s U.S. presidential election, among the smallest deployments since the Voting Rights Act was passed in 1965 to end racial discrimination at the ballot box. The plan, confirmed i... More »
SAN FRANCISCO/WASHINGTON Some of the web’s biggest destinations for watching videos have quietly started using automation to remove extremist content from their sites, according to two people familiar with the process. The move is a major step forward for inte... More »
FRANKFURT The European Central Bank is planning to give euro zone banks non-binding guidance by the end of 2016 or early 2017 to cut their bad debt pile, raising the heat on lenders but not forcing their hand, sources said. The ECB, which supervises 129 of the... More »
FRANKFURT The European Central Bank would publicly pledge to backstop financial markets in tandem with the Bank of England should Britain vote to leave the European Union, officials with knowledge of the matter told Reuters. The preparations illustrate the hei... More »
FRANKFURT Central banks around the globe are preparing financial backstops to mitigate market turmoil in case Britons vote next week to leave the European Union, hoping to buffer the real economy from any short-term impact. Operating with so-called swap lines,... More »
BRUSSELS U.S. hotel chain Marriott International (MAR.O) is on track to win unconditional EU antitrust approval for its cash and share purchase of Starwood Hotels and Resorts Worldwide Inc (HOT.N), a person familiar with the matter said on Tuesday. The deal, c... More »
DHAKA/NEW YORK Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $81 million from a Bangladesh Bank account to cyber thieves, the Fed branch blocked those same requests because they lacked information required to trans... More »
WASHINGTON A U.S. congressional committee has launched an investigation into the Federal Reserve’s cyber security practices after a Reuters report revealed more than 50 cyber breaches at the U.S. central bank between 2011 and 2015. The House Committee on Scien... More »
BEIJING After poaching Bentley’s design chief last year, Hyundai Motor Co (005380.KS) said on Monday that it has also secured the services of the luxury marquee’s exterior designer. Hyundai issued a statement saying Sangyup Lee will start work next month as it... More »
Berkshire Hathaway Inc Chairman Warren Buffett is backing a consortium vying for Yahoo Inc’s internet assets that includes Quicken Loans Inc founder Dan Gilbert, people familiar with the matter said on Friday. While there is no certainty that the consortium wi... More »
Medivation Inc (MDVN.O) will actively seek to sell itself after the US cancer drug maker rejected a $9.3 billion takeover offer from France’s Sanofi SA (SASY.PA), according to people familiar with the situation. The San Francisco-based company has agreed to op... More »
SEATTLE General Electric Co (GE.N) has agreed to buy a unit of South Korea’s Doosan Engineering and Construction Co (011160.KS) that produces key components of combined-cycle power plants, the head of the U.S. company’s power division said on Tuesday. The $250... More »
NEW YORK BlackRock Inc is accelerating its push in Latin America, making plans for its first launch of a private equity infrastructure fund targeting that market, a company document showed. The launch is anticipated this year, according to the document, an inf... More »
DHAKA/BOSTON Bangladesh’s central bank became more vulnerable to hackers when technicians from SWIFT, the global financial network, connected a new bank transaction system to SWIFT messaging three months before a $81 million cyber heist, Bangladeshi police and... More »
SAO PAULO Oi SA (OIBR3.SA) will start talks to restructure $14.3 billion of bonds as early as Monday, sources familiar with the situation said, pitting some of the world’s biggest investors against each other as Brazil’s most-indebted phone carrier fights for ... More »
The attackers who stole $81 million from the Bangladesh central bank probably hacked into software from the SWIFT financial platform that is at the heart of the global financial system, said security researchers at British defense contractor BAE Systems. SWIFT... More »
HONG KONG/SINGAPORE U.S. oil and gas major Chevron Corp has put all of its Myanmar gas block stakes up for sale, which at a combined likely valuation of $1.3 billion, would be the biggest deal involving Myanmar assets to date, financial sources familiar with t... More »
HONG KONG The Bank of Italy is carrying out an on-site inspection at the Italian offices of Bank of China Ltd (601988.SS), a Chinese state-owned bank already facing accusations of aiding illicit money flows from Italy to China, a source familiar with the situa... More »
A third of Republican voters who support Donald Trump could turn their backs on their party in November’s presidential election if he is denied the nomination in a contested convention, according to a Reuters/Ipsos poll. The results are bad news for Trump’s ri... More »
Time Inc (TIME.N) is considering partnering with a private equity firm on a bid for Yahoo Inc’s (YHOO.O) core Internet assets, according to people familiar with the matter, as the U.S. publishing company seeks to boost its digital presence. The deliberations o... More »
The U.S. Securities and Exchange Commission has ruled Exxon Mobil Corp must include a climate change resolution on its annual shareholder proxy, a defeat for the world’s largest publicly traded oil producer, which had argued it already provides adequate carbon... More »
WASHINGTON The Obama administration is expected to blame Iranian hackers as soon as Thursday for a coordinated campaign of cyber attacks in 2012 and 2013 on several U.S. banks and a New York dam, sources familiar with the matter have told Reuters. The Justice ... More »
Bank of America Corp is hiring a new team of investment bankers who cater to midsized companies, four years after dismantling a similar business, three people familiar with the matter told Reuters. The precise number of middle-market bankers it plans to add co... More »
iHeartMedia Inc has hired Moelis & Co as a financial adviser, the most significant step yet by the largest owner of U.S. radio stations to deal with its $21 billion debt pile, according to people familiar with the matter. The move comes as iHeartMedia, one of ... More »
NEW YORK The Democratic Party released a video on Sunday slamming Republican presidential hopefuls for their opposition to action on climate change, suggesting the views clash with the reality of rising sea levels and shifting weather patterns. The video featu... More »
HOUSTON New York state’s comptroller and four other Exxon Mobil shareholders asked the U.S. Securities and Exchange Commission this week to force the oil producer to include a climate change resolution in its annual shareholder proxy, according to a filing see... More »
The rapidly spreading Zika virus is discouraging many Americans from traveling to Latin America and the Caribbean, with 41 percent of those aware of the disease saying they are less likely to take such a trip, a Reuters/Ipsos poll shows. The poll is the latest... More »
NEW YORK The United States Olympic Committee told U.S. sports federations that athletes and staff concerned for their health over the Zika virus should consider not going to the Rio 2016 Olympic Games in August. The message was delivered in a conference call i... More »
NEW YORK Vermont Senator Bernie Sanders has erased Secretary of State Hillary Clinton’s wide lead for the Democratic presidential nomination since the start of year, putting the two in a dead heat nationally, according to a Reuters/Ipsos poll. Clinton leads Sa... More »
WASHINGTON Russian authorities in November raided offices associated with a Moscow film distribution and production company as part of a crackdown on one of the world’s most notorious financial hacking operations, according to three sources with knowledge of t... More »
WASHINGTON Facebook Inc (FB.O) prohibited global users from coordinating person-to-person private sales of firearms on its online social network and its Instagram photo-sharing service on Friday, countering concerns that it was increasingly being used to circu... More »
DAVOS, Switzerland Central banks still have more firepower they can use to counter a slowdown in global growth, which does not change the outlook for recovery in the euro zone, European Economics Commissioner Pierre Moscovici said on Wednesday. In an interview... More »
Spanish telecommunications company Telefonica SA has expressed interest in buying AT&T Inc’s pay TV assets in Latin America, which could be valued at around $10 billion, according to people familiar with the matter. AT&T bought the Latin American assets as par... More »
BOSTON Viacom Inc (VIAB.O) will allow investors to vote in March on a proposal to extend voting rights to all shareholders, though the measure is certain to fail as it is opposed by executive chairman Sumner Redstone’s holding company. Still, the vote will tes... More »
