• By Reuters   -   Apr 20, 2018

    WALL STREET SLIPS ON TECH, OIL WEAKNESS

    U.S. stock indexes fell on Friday on weakness in technology stocks and as energy companies were hit by lower oil prices after President...

    Technology, Tech, U.S., Donald Trump, businessNews
  • By Reuters   -   Apr 20, 2018

    WELLS FARGO AGREES TO PAY $1 BILLION TO SETTLE CUSTOMER ABUSES

    Wells Fargo & Co has agreed to pay $1 billion in penalties to federal regulators to settle a probe into abuses at its auto and mortgage...

    businessNews
  • By Reuters   -   Apr 20, 2018

    PORSCHE'S HEAD OF POWERTRAIN DEVELOPMENT ARRESTED, SOURCE SAYS

    HAMBURG - German police arrested the head of powertrain development at Volkswagen's Porsche business and are holding him on remand...

    businessNews
  • By Reuters   -   Apr 20, 2018

    NISSAN TO CUT HUNDREDS OF JOBS AT UK PLANT AS DIESEL DEMAND SLIDES: SOURCE

    LONDON - Nissan will cut hundreds of jobs at its Sunderland plant, Britain's biggest automotive factory, as it tackles declining demand...

    Europ, businessNews
  • By Reuters   -   Apr 20, 2018

    WALL STREET OPENS FLAT ON TECH, OIL WEAKNESS

    U.S. stock indexes opened flat on Friday, as strong earnings from industrials General Electric and Honeywell were offset by declines...

    Technology, Tech, U.S., Industry, businessNews
  • By Reuters   -   Apr 20, 2018

    LOCKHEED TO OFFER JAPAN STEALTH HYBRID AIRCRAFTS

    American defense contractor Lockheed Martin plans to offer Japan a new hybrid stealth fighter jet. Two sources exclusively told Reuters...

  • By Reuters   -   Apr 20, 2018

    FUTURES FLAT AS OIL PRICES OFFSET BOOST FROM INDUSTRIALS

    U.S. stock futures were little changed on Friday as strong earnings from industrials General Electric and Honeywell were offset by...

    U.S., Industry, Donald Trump, businessNews
  • By Reuters   -   Apr 20, 2018

    AIR FRANCE LAUNCHES NEW TALKS TO END STRIKE, WITH CHIEF'S JOB AT STAKE

    PARIS - Air France launched on Friday a new consultation period with staff members to try to end a strike dispute over pay that has...

    businessNews
  • By Reuters   -   Apr 20, 2018

    U.S. COMPANIES UPBEAT ABOUT BUSINESS IN GERMANY: SURVEY

    BERLIN - Some 82 percent of U.S. companies operating in Germany expect revenues to increase this year, a survey showed on Friday, despite...

    U.S., businessNews
  • By Reuters   -   Apr 20, 2018

    GE PROFIT TOPS ESTIMATES, SHARES RISE IN 'RELIEF RALLY'

    General Electric Co posted quarterly results that topped expectations on Friday, as earnings from aviation, healthcare and transportation...

    businessNews
  • By Reuters   -   Apr 20, 2018

    SCHLUMBERGER NARROWLY BEATS PROFIT ESTIMATES AS COSTS WEIGH

    Oilfield services provider Schlumberger NV scraped past first-quarter profit estimates on Friday as higher costs weighed on a strong...

    businessNews
  • By Reuters   -   Apr 20, 2018

    BOEING, BRAZIL'S EMBRAER CLOSE TO TIE-UP: REPORT

    SAO PAULO - Talks aimed at a tie-up between planemakers Boeing Co and Embraer SA that also involve Brazil's government are at an advanced...

    businessNews
  • By Reuters   -   Apr 20, 2018

    JAPAN'S TAKEDA TAKEOVER BID CAUSES INVESTOR HEADACHE

    Takeda Pharmaceutical shares lost almost 5 percent of their value on Friday as investors fretted over the size of any deal the Japanese...

  • By Reuters   -   Apr 20, 2018

    STERLING EXTENDS SLIDE AS CARNEY PUNCTURES RATE HIKE BETS

    Britain's pound has been knocked off its recent strong gains by comments from Bank of England governor, Mark Carney, that undermine...

  • By Reuters   -   Apr 20, 2018

    GM KOREA FAILS TO REACH WAGE DEAL, EDGING CLOSER TO BANKRUPTCY FILING

    SEOUL - General Motors' South Korean unit and its labor union failed to reach a wage deal by Friday, breaching a deadline set by the...

    U.S., businessNews
  • By Reuters   -   Apr 20, 2018

    BIOGEN BOOSTS INVESTMENT IN NEUROLOGY WITH $1 BILLION IONIS DEAL

    U.S. drugmaker Biogen Inc rolled out part of its $37 billion investment warchest on Friday, signing a $1 billion deal that seeks to...

    U.S., businessNews
  • By Reuters   -   Apr 20, 2018

    SOUTH KOREA'S ANTITRUST CHIEF SAYS EXPECTS CHANGE IN SAMSUNG GOVERNANCE 'IN NEAR FUTURE'

    SEOUL - South Korea's antitrust chief on Friday said he expects Samsung Group to unravel its governance structure in the near future,...

    businessNews
  • By Reuters   -   Apr 20, 2018

    GE'S ADJUSTED PROFIT TOPS ESTIMATES, SHARES RISE

    General Electric Co said Friday that quarterly profit from continuing operations more than tripled, helped by strength in its aviation...

    businessNews
  • By Reuters   -   Apr 20, 2018

    FUTURES INCH HIGHER AFTER STRONG GE, HONEYWELL RESULTS

    U.S. stock index futures nudged higher on Friday following strong earnings from industrial heavyweights General Electric and Honeywell.

    U.S., Industry, businessNews
  • By Reuters   -   Apr 20, 2018

    IN VIETNAM, A MEGA CASINO RISES WITH THE HELP OF A MACAU JUNKET COMPANY

    HONG KONG - Along a three-kilometer stretch of coastline in central Vietnam, construction cranes are digging up mounds of sand and...

    businessNews