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Reuters: Business News

U.S. automakers push for deal on fuel efficiency New! 2019-01-16 13:50:54Executives at the major U.S. automakers are pressing the Trump administration and California to agree on standards for fuel efficiency and carbon emis

Kia issues new U.S. recall of 68,000 vehicles New! 2019-01-16 13:35:25Kia Motors Corp said on Wednesday it would recall 68,000 U.S. vehicles at risk of fuel leaks after it previously recalled them in 2017 for engine fir

IAC sues Tinder co-founder over business documents, escalating New! 2019-01-16 13:31:29Online dating company Match Group Inc and its owner IAC/InterActiveCorp has filed a lawsuit accusing Sean Rad, a former employee known for co-foundi

World stocks climb; sterling steady ahead of May New! 2019-01-16 13:30:58Major world stock indexes rose on Wednesday, with the S&P 500 supported by gains in U.S. bank stocks after strong earnings, while the pound was st

Goldman dealmakers shine in Solomon's maiden quarter New! 2019-01-16 13:27:20Goldman Sachs Group Inc turned in a better-than-expected profit during David Solomon's first quarter at the helm, helped by dealmakers in the divisi

Embraer warns of little or no profit in New! 2019-01-16 13:26:22Brazilian planemaker Embraer SA said on Wednesday it expects to keep $1 billion in cash after paying off all of its debt once a proposed $4.2 billion

Exclusive: ADM CEO says wrong time for 'monster' New! 2019-01-16 13:18:28U.S. grain merchant Archer Daniels Midland Co (ADM) has looked at buying rivals including Bunge Ltd. and dozens of other companies but decided the tim

Ford and IBM among quartet in Congo cobalt New! 2019-01-16 13:02:28Carmaker Ford , technology giant IBM , South Korean cathode maker LG Chem and China's Huayou Cobalt have joined forces in the first blockchain proj

GM's Washington charm offensive sidelined by Wall Street's New! 2019-01-16 13:02:08General Motors code named its November announcement to cut nearly 15,000 jobs in North America and restructure itself "Turbo," suggesting a leaner a

Market turmoil hits BlackRock's bottom line in fourth New! 2019-01-16 12:56:51BlackRock Inc , the world's largest fund manager, reported a smaller-than-expected quarterly profit on Wednesday due to financial market turmoil, but

Wall Street hits four-week high on BofA, Goldman New! 2019-01-16 12:50:13Wall Street's main indexes hit a one-month high on Wednesday, boosted by upbeat earnings from Bank of America and Goldman Sachs, with a multi-billion

Airbus spends $300 million on new Alabama plant New! 2019-01-16 12:45:44Airbus expanded its industrial presence in the United States on Wednesday, preparing to breaking ground on a new assembly plant for the A220, 18 month

BBC News - Business

'Treat your business partnership like your marriage' 2019-01-13 19:07:26Founder of ecological shoe brand Allbirds, Joey Zwillinger, says he treats his business partnership like his marriage.

'Our vision is never to lay anyone off' 2019-01-13 19:02:55The Argentine boss who travelled the world to get orders and prevent him from having to make staff redundant.

Hitachi to decide on fate of UK nuclear 2019-01-13 19:00:23Government nuclear policy is under scrutiny amid reports the Japanese firm may scrap a £20bn reactor.

Guardian switches to potato starch wrapping 2019-01-13 10:17:52Readers, who pressed for the change, can compost or put the new packaging in their food waste bin.

Airlander 10: World's longest aircraft gets full-production go-ahead 2019-01-13 06:38:20It comes after the prototype £32m Airlander 10 - a combined plane and airship - was formally retired.

Chinese coal mine roof collapse in Shaanxi kills 2019-01-13 00:03:03Twenty-one miners die and 66 are rescued at the mine near Shenmu in China's Shaanxi province.

Watch industry's times are changing 2019-01-12 19:32:49Swiss watch companies gather for their Geneva show after a difficult couple of years for the industry.

Sharm el-Sheikh: UK should end flight ban - 2019-01-12 04:55:02Hundreds of thousands of Britons used to visit the resort before a terror attack on a plane there in 2015.

US partial government shutdown becomes longest ever 2019-01-12 00:00:56The partial shutdown enters its 22nd day leaving hundreds of thousands of federal workers unpaid.

China powers up electric car market 2019-01-11 17:12:24New rules could help some manufacturers in the world's biggest market for electric cars.

Mary Poppins Returns: Can tuppence really save the 2019-01-11 17:11:13The latest Mary Poppins film has been a hit at the box office but what money lessons can we take from the film franchise?

Ford: Almost 1,000 Bridgend job losses by 2021 2019-01-11 15:19:27About 370 jobs could go at Ford in Bridgend in a first phase of cuts, the BBC understands.

Business News - UPI.com

U.S., Japan participate in joint deployment in East 2019-01-15 13:51:13 The United States and Japan conducted a joint two-day deployment in the Indo-Pacific region for communication and maneuvering drills.

BAE signs $79.8M contract with Navy for Pacific 2019-01-15 13:48:00 BAE Systems has signed a five-year, $79.8 million contract to maintain and operate communications systems with the U.S. Navy across the Pacific and I

Raytheon taps Phoenix Products for Naval Strike Missile 2019-01-15 13:44:27 Raytheon Co. and Phoenix Products, Inc. signed a $1.6 million contract to produce Naval Strike Missile transport containers as part of a mentor-prote

USS Gravely becomes flagship of NATO maritime forces 2019-01-15 12:42:20 The USS Gravely was named the flagship for Standing NATO Maritime Group 1 during a ceremony in Copenhagen, Denmark.

Raytheon to equip classic Hornet with upgraded radar 2019-01-15 11:54:03 Raytheon will equip the U.S. Marine's classic F/A-18C/D Hornet fleet with an upgraded APG-79(v)4 AESA radar system.

Crude prices rise after positive news from China 2019-01-15 09:51:50 Oil prices rose early Tuesday, after Monday declines, possibly helped by some positive news from China -- but doubts remain as to whether that direct

Petrobras preempts three pre-salt areas ahead of sixth 2019-01-15 09:10:20 Petrobras wants to exercise pre-emption rights for three areas ahead of the sixth bidding round of pre-salt offshore oil areas to be held later this

U.S. fuel pumps see first weekly price rise 2019-01-15 07:47:15 Fuel prices in the United States on average were just a penny higher at $2.25 per gallon, ending consecutive price declines that had occurred since O

Navy plans to deploy three littoral combat ships 2019-01-14 15:29:14 The U.S. Navy plans to deploy three littoral combat ships by this fall after an overhaul of the program kept all of the vessels sidelined last year.

France orders 28 upgraded Rafale warplanes for $2.3 2019-01-14 13:33:57 France's government on Monday signed a $2.3 billion contract for 28 Rafale fighter jets from French-headquartered Dassault Aviation.

South Korea to receive first two F-35A stealth 2019-01-14 13:24:16 Lockheed Martin plans to deliver the first two F-35A stealth fighter aircraft to South Korea in March.

Raytheon awarded $9.3M contract for Spy-1 radar work 2019-01-14 12:22:58 The U.S. Navy has awarded Raytheon Co. a $9.3 million contract for engineering services in support of the Aegis Spy-1 radar and Mk 99 fire control sy

Christian Science Monitor |

Recession is a risk in 2019. But maybe 2019-01-10 09:16:40A number of key trends in the economy are positive, from wage growth to low interest rates. Some of the biggest wild cards are trade policy and centra

Stocks dive, again. Does Wall Street foresee a 2019-01-10 09:16:40After several strong years, stock markets look rattled as 2018 draws to a close. A mix of factors signal a heightened risk of a slowdown, but an outri

Where local residents help birth the businesses that 2019-01-10 09:16:40Often new businesses rely on financing from a top-down system where bankers call the shots. For places that feel left behind, often communities o

From hemp to organic foods, farm bill embraces 2019-01-10 09:16:40Passage of the farm bill is a rite of Congress that often borders on the arcane. But this year’s version signals how American farming is gradual

Post-layoffs, GM fights to keep tax credit for 2019-01-10 09:16:40A $7,500 tax incentive for buyers of electric vehicles is critical for General Motors as it ramps up production in the EV market. But some government

Qatar leaves OPEC, cementing distance with Saudi Arabia 2019-01-10 09:16:40Qatar will leave the world's largest consortium of oil producing countries in a bid to expand natural gas and oil drilling even as oil prices remain

Which fork in the road to take? Detroit 2019-01-10 09:16:40US carmakers appear poised to try two paths forward at once, building more SUVs and pickups, which the US market loves, to pay their way along a 

It’s a wide world of charity out there. 2019-01-10 09:16:40As ‘Giving Tuesday’ arrives, it’s a good time to think about charitable donations. Increasingly, average givers are focusi

Preparing for tech shift, GM cuts thousands of 2019-01-10 09:16:40The largest automaker in the US, General Motors, announced Nov. 26 that it would cut as many as 14,000 workers in North America. The cuts affect both

Instead of amplifying human biases, can algorithms help 2019-01-10 09:16:40The rising use of artificial intelligence has become one of the dominant trends in business. On the heels of that trend come questions about fairness

Ahead of Black Friday, market sees red 2019-01-10 09:16:40The Dow Jones Industrial Average dropped 600 points on Nov. 20 as tech companies and retailers face losses and an oil surplus pushed barrel prices low

Hard times in farm country coincide with a 2019-01-10 09:16:40Farmers are resourceful by necessity. But many face a test as a US-China rift undercuts their exports – a challenge familiar to those who weathe

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FM Jaitley likely to return on Jan 25; New! 2019-01-16 13:02:00Jaitley went on leave at a time when Budget preparations are at their business end

Govt's e-commerce curbs could hit online sales by New! 2019-01-16 10:45:00Under the changes, e-commerce firms in India will from February 1 not be able to sell products via companies in which they have an equity interest

Delhi HC stays Rs 383-crore fine on Hindustan New! 2019-01-16 10:28:00National Anti-profiteering Authority had imposed a fine of Rs 383 crore

RBI sets new external commercial borrowings framework, lifts New! 2019-01-16 10:05:00The 'liberalisation/rationalisation' in the new framework ECB and rupee-denominated bonds has been done to further improve the ease of doing busines

'Benami' flats, firms in name of peons: New New! 2019-01-16 09:20:00Forensic auditors told the Supreme Court that they have issued notices to 655 people on whose names 'benami' flats were booked but no one was found

Vishakha Mulye reappointed as Executive Director of ICICI New! 2019-01-16 09:10:00The reappointment is effective from January 19, 2019, ICICI Bank said in a regulatory filing

Maharashtra bids for Air India building in Mumbai, New! 2019-01-16 08:46:00The building served as the corporate headquarters for Air India until 2013 when the head office was shifted to New Delhi

Amazon, Flipkart seek extension of Feb 1 deadline New! 2019-01-16 08:45:00These norms - which are effective February 1 - are likely to hit Amazon and Flipkart, the hardest

'Whimsical and arbitrary': Bar Council protests elevation of New! 2019-01-16 08:25:00Justice Kailash Gambhir, former Delhi High Court judge, had also written a letter to President Ram Nath Kovind on January 14 expressing concern over b

May's govt braces for no-trust vote after PM's New! 2019-01-16 08:02:00The Prime Minister told MPs she would return to the Commons with an alternative plan next week, provided she survives the confidence vote

PM Modi-led panel likely to meet on Jan New! 2019-01-16 06:50:00The post is lying vacant ever since the government removed Alok Verma and appointed him as Director General Fire Service

Cabinet selects Infosys to implement Rs 4,241 cr New! 2019-01-16 06:50:00The move will help in bringing down the income tax return (ITR) processing time to one day and hence speed up refunds

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