• By Reuters   -   Jun 23, 2018

    SOUTH KOREAN STEELMAKER POSCO NAMES HEAD OF POSCO CHEMTECH AS CANDIDATE FOR NEXT LEADER

    SEOUL - South Korean steelmaker POSCO on Saturday selected Choi Jeong-woo, the head of affiliate Posco ChemTech, as its final candidate...

    businessNews
  • By Reuters   -   Jun 23, 2018

    XIAOMI PUTS INDEFINITE DELAY ON CDRS IN BLOW TO CHINA'S PLANS FOR TECH LISTINGS

    HONG KONG - Chinese smartphone maker Xiaomi Corp said on Saturday there is no timeframe for a mainland share offering, casting doubt...

    Tech, businessNews
  • By Reuters   -   Jun 23, 2018

    CHINA'S XIAOMI SAYS HAS NO TIMEFRAME FOR MAINLAND SHARE OFFERING

    HONG KONG - Chinese smartphone maker Xiaomi Corp said on Saturday there is no timeframe for a mainland share offering and the company...

    businessNews
  • By Reuters   -   Jun 23, 2018

    FEW CLIENT COMMUNICATIONS FOUND SO FAR IN MICHAEL COHEN DOCUMENTS: JUDGE

    NEW YORK - A review of documents seized from U.S. President Donald Trump's longtime personal lawyer Michael Cohen has so far turned...

    U.S., Donald Trump, politicsNews
  • By Reuters   -   Jun 22, 2018

    DOW SNAPS LOSING STREAK, NASDAQ FALLS

    The S&P 500 and Dow Jones Industrial Average climbed on Friday, but losses in the technology space kept the Nasdaq in check. Roselle...

    Technology, Industry
  • By Reuters   -   Jun 22, 2018

    NETFLIX COMMUNICATION HEAD QUITS OVER 'INSENSITIVE' COMMENT

    Netflix Inc Chief Communications Officer Jonathan Friedland is leaving the video streaming company, a company spokesperson said on...

    businessNews
  • By Reuters   -   Jun 22, 2018

    DON'T TAKE RISK OFF THE TABLE TOO EARLY, SAYS NUVEEN'S MARTIN KREMENSTEIN

    We've had a really long bull run, but everything comes to an end, we just don't know when, says Nuveen's senior managing director Martin...

    Running
  • By Reuters   -   Jun 22, 2018

    TRUMP GREETS EU TRADE REPRISALS WITH THREAT OF STEEP AUTO TARIFF

    WASHINGTON - President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all...

    U.S., Europ, Donald Trump, businessNews
  • By Reuters   -   Jun 22, 2018

    TRUMP URGES REPUBLICAN LAWMAKERS TO DROP IMMIGRATION BILL UNTIL ELECTION

    WASHINGTON - President Donald Trump urged Republican lawmakers on Friday to drop their efforts to pass comprehensive immigration legislation...

    Republicans, Election, Donald Trump, politicsNews
  • By Reuters   -   Jun 22, 2018

    U.S. ENERGY SECRETARY TO MEET RUSSIA'S OIL MINISTER ON TUESDAY

    WASHINGTON - U.S. Energy Secretary Rick Perry will meet Russia's oil minister next week in Washington, a person familiar with the situation...

    U.S., Market, politicsNews
  • By Reuters   -   Jun 22, 2018

    DOW SNAPS LOSING STREAK ON ENERGY LIFT

    NEW YORK - The S&P 500 and Dow Jones Industrial Average climbed on Friday, as the Dow put to rest an eight-day losing streak with a...

    Technology, Industry, businessNews
  • By Reuters   -   Jun 22, 2018

    TESLA TO CLOSE A DOZEN SOLAR FACILITIES IN NINE STATES

    Electric car maker Tesla's move last week to cut nine percent of its workforce will sharply downsize the residential solar business...

  • By Reuters   -   Jun 22, 2018

    BITCOIN FALLS TO FOUR-MONTH LOW IN PERSISTENT BEARISH TREND

    NEW YORK - Bitcoin dropped to a more than four-month low on Friday, continuing a downtrend after more negative headlines such as Japan's...

    businessNews
  • By Reuters   -   Jun 22, 2018

    CHINA'S ZTE EXPECTED TO TAKE LAST STEP TO LIFT BAN: U.S. OFFICIAL

    China's ZTE Corp is expected to deposit $400 million in an escrow account in a U.S. bank in the "next couple of days," the last step...

    U.S., businessNews
  • By Reuters   -   Jun 22, 2018

    HARLEY SAYS EU DUTIES COULD PROMPT PRICE HIKES

    FRANKFURT - Harley-Davidson Inc could be forced to raise prices in Europe due to EU tariffs on U.S. goods, hitting buyers of new motorcycle...

    U.S., Europ, businessNews
  • By Reuters   -   Jun 22, 2018

    SHARES IN RUSSIA'S SISTEMA DROP 9 PERCENT ON U.S. SANCTIONS FEARS

    MOSCOW - Shares in Russian business conglomerate Sistema fell 8.7 percent in Moscow trade on Friday, after two U.S. lawmakers called...

    U.S., businessNews
  • By Reuters   -   Jun 22, 2018

    ENERGY STOCKS GAIN ON OIL BOOST; DOW SET TO SNAP LOSING SKID

    NEW YORK - The S&P 500 and Dow Jones Industrial Average advanced on Friday, with the Dow poised to end an eight-day losing streak,...

    Technology, Industry, businessNews
  • By Reuters   -   Jun 22, 2018

    OPEC PLAYS A NUMBERS GAME WITH OIL SUPPLY HIKE

    OPEC agreed on Friday on a modest increase in oil production from next month after its leader Saudi Arabia persuaded arch-rival Iran...

  • By Reuters   -   Jun 22, 2018

    VW MAY SEEK DAMAGES FROM EX-CEO WINTERKORN OVER DIESELGATE

    FRANKFURT - Volkswagen is reviewing whether to seek damages from former Chief Executive Martin Winterkorn, who was at the helm when...

    businessNews
  • By Reuters   -   Jun 22, 2018

    SMALL SHOPS GET HIT WITH SUPREME COURT RULING

    Complying with a Supreme Court ruling that forces online retailers to collect sales tax will be a heavy burden for smaller e-commerce...