NEW YORK/SAN FRANCISCO (Reuters) – The U.S. Federal Reserve is set on Wednesday to announce the start of a plan to trim its $4.5-trillion portfolio of assets, much of it amassed in response to the 2007-2009 financial collapse, marking another milestone…
(Reuters) – Canada’s Unifor union said its members at General Motors Co’s CAMI auto assembly plant in Ingersoll, Ontario are on a strike from 1059 pm local time Sept. 17 as it failed to reach a tentative agreement with the automaker.
(Reuters) – Software startup Slack Technologies Inc said it raised $250 million from SoftBank Group Corp and other investors in its latest funding round, boosting the company’s valuation to $5.1 billion.
SYDNEY (Reuters) – Two Australian media moguls have lost a court challenge to CBS Corp’s planned buyout of bankrupt television broadcaster Ten Network Holdings Ltd , giving the U.S. media giant a strong upper hand ahead of a creditor vote on Tuesday.
SYDNEY (Reuters) – Asian shares hit decade highs on Monday and the dollar gained on the yen early in a week in which the U.S. Federal Reserve is likely to wrestle with its bloated balance sheet as part of a long reversal of super-cheap money worldwide….
BEIJING (Reuters) – China will strengthen its supervision of overseas investment risks and capital flows from insurance funds, the insurance regulator said on Monday, adding that it will urge companies to improve their risk monitoring systems.
NEW YORK (Reuters) – U.S. defense contractor Northrop Grumman Corp is poised to announce a purchase of missile and rocket maker Orbital ATK Inc as soon as Monday, a person familiar with the transaction said on Sunday.
SYDNEY (Reuters) – Asian shares hit decade highs on Monday and the dollar held firm early in a week in which the U.S. Federal Reserve is likely to wrestle with its bloated balance sheet as part of a long reversal of super-cheap money worldwide.
SYDNEY (Reuters) – Two Australian media moguls have lost a court challenge to CBS Corp’s planned buyout of bankrupt television broadcaster Ten Network Holdings Ltd , allowing the CBS deal to be put to a creditor vote on Tuesday.
SYDNEY (Reuters) – Asian shares crept ahead and the dollar firmed on Monday in a cautious start to a week in which the U.S. Federal Reserve is likely to wrestle with its bloated balance sheet as part of a long reversal of super-cheap money worldwide.
SHANGHAI (Reuters) – General Motors and its joint venture in China, Shanghai GM, will recall more than 2.5 million vehicles due to faulty airbag inflators, China’s top quality watchdog as said.
SYDNEY (Reuters) – An Australian judge dismissed a challenge by a group involving Rupert Murdoch’s Twenty-First Century Fox on Monday against an agreed takeover by CBS Corp of struggling television broadcaster Ten Network Holdings Ltd .
NEW YORK (Reuters) – Northrop Grumman Corp neared an agreement to buy Orbital ATK Inc in a transaction that could be announced as soon as Monday, according to a person familiar with the transaction.
FRANKFURT (Reuters) – Volkswagen is a “second mover” in electrified commercial vehicles, after lagging companies such as Tesla and Deutsche Post DHL in putting them on the road, the head of VW’s trucks business told a German newspaper.
HENGQIN, China (Reuters) – Just a stone’s throw across a narrow waterway from the world’s largest gambling hub Macau, a former oyster farming island is being transformed into China’s newest tourism haven.
SHANGHAI (Reuters) – U.S. President Donald Trump’s decision to block a Chinese-backed firm from buying a U.S.-based chipmaker this week is detrimental to America’s growth and the global economy, China’s state news agency Xinhua said in a commentary on …
(Reuters) – Chinese payments company Ant Financial is planning to resubmit its application for U.S. review of its deal to buy MoneyGram International Inc for $1.2 billion, a source familiar with the matter said on Friday.
CHICAGO (Reuters) – Fans of BLT sandwiches, take heart: U.S. retail prices of bacon, which soared to record highs this summer, should begin to ease soon, according to livestock analysts.
LONDON/LOS ANGELES (Reuters) – Nestle’s high-priced purchase of a majority stake in California-based coffee bar chain Blue Bottle this week, highlights how big companies are seeking exposure to fast-growing premium brands driven by millenials.
(Reuters) – Morgan Stanley plans to bring its mortgage origination business in-house to improve customer service and generate more business, two people familiar with the matter told Reuters on Friday.
OTTAWA/MONTREAL (Reuters) – Canada last month attempted to end a deepening dispute with Boeing Co by suggesting it could withdraw a threat not to buy Super Hornet jets if the U.S. firm dropped a trade challenge against Canadian planemaker Bombardier I…
(Reuters) – U.S. banks, already under pressure from slower loan growth and low interest rates, could be facing yet another challenge as a rising number of Americans fall behind on their credit card payments.
WASHINGTON (Reuters) – U.S. retail sales unexpectedly fell in August and industrial output recorded its biggest drop since 2009 as Hurricane Harvey disrupted activity, suggesting the storm could dent economic growth in the third quarter.