Business RSS

-A A +A
Subscribe to Business RSS feed Business RSS
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Updated: 37 min 6 sec ago

Facebook, others restrict business travel to China as warnings grow

1 hour 22 min ago
Facebook Inc and other global companies including LG Electronics Inc and Standard Chartered Plc are restricting travel to China, as the death toll from a flu-like virus rose above 100 on Tuesday.

Oil falls for sixth day as China virus raises global growth, demand concerns

Mon, 01/27/2020 - 11:16pm
Oil futures fell for a sixth session on Tuesday as the spread of a new virus in China and several countries raised concerns about a hit to economic growth and oil demand.

Stocks crumble as China virus toll mounts, safe havens in demand

Mon, 01/27/2020 - 9:44pm
Asian stocks extended a global selloff on Tuesday as China took more drastic steps to combat a deadly new coronavirus, while bonds shone on expectations central banks would need to keep stimulus flowing to offset the likely economic drag.

Stocks crumble as deadly coronavirus spreads, safe havens in demand

Mon, 01/27/2020 - 8:23pm
Asian stocks extended a global selloff on Tuesday as China took more drastic steps to combat the coronavirus, while bonds found favor on expectations central banks would need to keep stimulus flowing to offset the likely economic drag.

As Britain decides, Europe grapples with Huawei conundrum

Mon, 01/27/2020 - 7:39pm
Britain's decision on whether to allow Huawei to supply equipment for 5G mobile networks comes at a delicate time, with debate raging in European capitals over the security implications of reliance on Chinese technology.

Britain seeks Huawei 'solution' as U.S. pressure mounts

Mon, 01/27/2020 - 7:39pm
Prime Minister Boris Johnson will meet senior ministers on Tuesday to decide whether to allow the use of equipment made by China's Huawei in Britain's future 5G mobile network.

Sainsbury's targets 2040 for net zero emissions, criticizes UK goal

Mon, 01/27/2020 - 7:09pm
Sainsbury's committed itself on Tuesday to have net zero greenhouse gas emissions by 2040, a decade ahead of the British government's own target which it said "isn't soon enough".

Mexico's America Movil fined by regulator; calls it 'illegal and disproportionate'

Mon, 01/27/2020 - 6:41pm
America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecoms regulator.

Asian shares, bond yields fall as deadly coronavirus spreads

Mon, 01/27/2020 - 6:36pm
Asian shares slipped again on Tuesday as China took more drastic steps to combat the coronavirus, while bond yields fell globally on expectations central banks would need to keep stimulus flowing to offset the likely economic drag.

Beer, wine, spirit makers pledge age-restriction labels on drinks

Mon, 01/27/2020 - 6:31pm
Twelve leading beer, wine and spirits companies have pledged to put clear age-restriction labels on their drinks and set tighter controls on access to their online content in a bid to reduce underage drinking.

Whirlpool forecasts 2020 largely above estimates as profit beats

Mon, 01/27/2020 - 6:30pm
Whirlpool Corp beat analysts' estimates for quarterly earnings and forecast 2020 profit largely above expectations on Monday, as the appliances maker raised prices and reined in expenses to cushion the impact of higher production costs.

Renault board meeting Tuesday to seal De Meo's CEO nomination: report

Mon, 01/27/2020 - 5:31pm
Renault's board is set to meet on Tuesday to approve naming Luca de Meo, formerly the head of Volkswagen's Seat brand, as its next chief executive, Le Figaro newspaper reported on Monday.

Mexico's America Movil fined 1.3 billion pesos by telecoms regulator

Mon, 01/27/2020 - 5:25pm
America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said in a regulatory filing on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecoms regulator.

Crowded Lagos to ban motorbikes from most of Nigerian metropolis

Mon, 01/27/2020 - 5:20pm
Nigeria's business capital of Lagos will ban commercial motorcycles from operating in large parts of the city, the state government announced on Monday, a move that could change the commute for thousands and threaten ride-hailing startups.

Former Boeing CEO Muilenburg resigns from Caterpillar board

Mon, 01/27/2020 - 4:59pm
Caterpillar Inc said on Monday former Boeing Co Chief Executive Officer Dennis Muilenburg had resigned from its board.

Whirlpool profit beats estimates on higher prices, cost cuts

Mon, 01/27/2020 - 4:45pm
Whirlpool Corp beat analysts' estimates for quarterly earnings and forecast 2020 profit largely above expectations on Monday, as the appliances maker raised prices and reined in expenses to cushion the impact of higher production costs.

New York, FTC sue 'pharma bro' Shkreli, others over Daraprim price hikes

Mon, 01/27/2020 - 4:43pm
Martin Shkreli, the "pharma bro" in prison for defrauding investors, faces a lawsuit filed by the Federal Trade Commission and New York Attorney General's office for a scheme to preserve his monopoly for the drug Daraprim, which has seen gigantic price increases.

Judge dismisses Wall Street 'fear gauge' lawsuit against Cboe

Mon, 01/27/2020 - 4:30pm
A federal judge on Monday dismissed an antitrust lawsuit by investors who accused the parent of the Chicago Board Options Exchange of letting anonymous traders rig the "fear gauge," Wall Street's main gauge of future stock market volatility, at their expense.

Wall Street tumbles as virus fuels economic worry

Mon, 01/27/2020 - 4:28pm
U.S. stocks suffered their worst day in over three months on Monday as China extended the Lunar New Year holiday due to a virus outbreak, fueling worries about the economic impact of containment efforts in the world's second largest economy.

Brazil antitrust regulator gives nod to Boeing-Embraer deal

Mon, 01/27/2020 - 4:25pm
Technical staff at Brazilian antitrust regulator Cade on Monday approved Boeing Co's purchase of Embraer SA's commercial aviation division without restrictions, according to a statement on the agency's website.

Pages