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Trump Fed nominee Shelton hits bipartisan skepticism in Senate hearing

Federal Reserve board nominee Judy Shelton faced deep skepticism from Republicans and Democrats on the Senate Banking Committee on Thursday, as lawmakRead More



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Reuters: Business News

Oil slides 4% on demand concerns as coronavirus New! 2020-02-24 08:40:13Oil prices slumped by 4% on Monday as the rapid spread of the coronavirus in countries outside China added to investor concerns over the impact on dem

Buffett calls coronavirus outbreak 'scary,' but says he New! 2020-02-24 08:36:14Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc , on Monday called the coronavirus outbreak "scary stuff" but said stocks remain

European shares suffer worst day since 2016 as New! 2020-02-24 08:18:30Europe's share markets suffered their biggest slump since mid- 2016 on Monday, as a jump in coronavirus cases in Italy, South Korea, Japan and Iran s

Futures plummet as investors dump stocks on fears New! 2020-02-24 08:14:06U.S. stock index futures tumbled on Monday as investors scurried to perceived safe-haven assets after a surge in coronavirus cases outside China stoke

German industrial sectors see supply shortage over virus: New! 2020-02-24 07:57:04Several sectors of Germany's manufacturing sector are expecting a shortness of supplies from the Far East region in the coming weeks due to the outbr

Boeing scours idle 737 MAX plant for industrial New! 2020-02-24 07:17:08Insiders note an "eerie" calm at Boeing Co's 737 MAX factory, formerly a bustling hub that has helped fuel the aviation industry's record growth

Exclusive: Juul halts Indonesia e-cigarette sales, throwing Asia New! 2020-02-24 07:11:07Juul Labs Inc is halting sales in Indonesia, citing concerns that it can't stop retailers from selling its high-nicotine e-cigarettes to young people

Exclusive: U.S. sees no material impact from virus New! 2020-02-24 06:25:48U.S. Treasury Secretary Steven Mnuchin told Reuters he does not expect the coronavirus outbreak to have a material impact on the Phase 1 U.S.-China tr

United Technologies, Raytheon offer EU concessions over $120 New! 2020-02-24 06:10:24United Technologies Corp and Raytheon Co have offered concessions to address EU antitrust concerns about their plan to create a $120 billion U.S. ae

SoftBank leads $165 million capital boost for liquid New! 2020-02-24 06:07:56SoftBank's second Vision Fund has led a new $165 million funding round in California-based Karius, which markets a test that can quickly detect hard

Exclusive: Germany's Stada buys 15 GSK consumer health New! 2020-02-24 05:42:13Private equity-backed generic drugmaker Stada said it has agreed to buy 15 consumer healthcare products from British drugmaker GlaxoSmithKline to fu

Blackstone raises offer for Japan's Unizo, tops Lone New! 2020-02-24 05:29:35Blackstone Group has raised its proposed offer to buy Japanese hotel chain Unizo Holdings to 6,000 yen ($53.78) from 5,600 yen per share, the U.S. p

BBC News - Business

GM scraps historic Holden car brand in Australia 2020-02-16 22:45:43The move comes as the US car giant retreats from more markets as it focuses on more profitable countries

Japan's economy shrinks at fastest rate since 2014 2020-02-16 20:56:26The world's third largest economy was hit by a sales tax rise, a destructive typhoon and weak global demand.

Crossing Divides: The 'youngsters' gaining respect at work 2020-02-16 19:04:39A demand for social media skills is bringing younger people into the workplace, but this can create friction.

Coronavirus: Bicester Village 'having a tough time' 2020-02-16 19:03:59Spending by visitors from China in the UK stood at £714m in September 2019.

Heathrow Airport apologises for IT failure disruption 2020-02-16 18:00:15The airport says the "technical issues" have been resolved and "systems are returning to normal".

Tesla: German court halts work on new 'Gigafactory' 2020-02-16 14:28:14Environmentalists win a temporary injunction against forest clearance for a new "Gigafactory".

Grant Shapps: Government 'not involved' in China-HS2 talks 2020-02-16 06:58:21The transport secretary's remarks follow reports that China offered to build the line in five years.

Flood defences in England get 1% of infrastructure 2020-02-15 19:54:08Nearly £5bn is due to be spent on flood defences in England up until 2026, government figures show.

Mark Zuckerberg: Facebook boss urges tighter regulation 2020-02-15 18:28:51Mark Zuckerberg says social media firms should not decide what counts as legitimate free speech.

Washington increases tariffs on aircraft after EU subsidy 2020-02-15 09:44:07Most other tariffs on EU exports to the US, including salmon and blended Scotch whisky, are being retained.

Will Vodafone hang up on its business in 2020-02-14 20:01:37A ruling by the Supreme Court could signal the end of the road for the UK telecoms giant in the country.

Pregnant actresses: 'We're not treated like people' 2020-02-14 17:37:27The way some actresses are treated is straight out of "the dark ages", says the Equality Commission.


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