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Big oil stuns Brazil in back-to-back auction flops

Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up offshore blocks and forcing officials to reconsider a bRead More

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Reuters: Business News

Coty to buy majority stake in Kylie Jenner's New! 2019-11-18 09:04:49Cosmetics maker Coty Inc said on Monday it would acquire a majority stake in reality TV star Kylie Jenner's make-up and skincare businesses for $600

Futures erase gains on report Beijing 'pessimistic' over New! 2019-11-18 08:57:55U.S. stock index futures gave up gains on Monday following a CNBC report that the mood in China over a trade deal with the United States is "pessimis

T-Mobile Chief Executive Legere to step down next New! 2019-11-18 08:56:03T-Mobile US Inc said on Monday Chief Executive Officer John Legere will step down on April 30 and Chief Operating Officer Mike Sievert will take over

Shares inch towards record high as China trims New! 2019-11-18 08:55:36World shares were within touching distance of a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first t

Alibaba's books close early in $13.4 billion Hong New! 2019-11-18 08:48:21Alibaba will close its order books early to prospective institutional investors as part of its $13.4 billion secondary listing in Hong Kong, accordin

Hong Kong's Best Mart 360 to keep stores New! 2019-11-18 08:46:18Best Mart 360's chairman said on Monday he would keep every one of the popular Hong Kong snack food chain's stores open, despite them being repeated

HP down 5% after Xerox bid rejection, counter New! 2019-11-18 08:38:26Shares of HP Inc fell as much as 5% on Monday after the personal computer maker rejected a buyout offer from Xerox Holdings Corp , and indicated it m

Parts with passports: how free trade drives GM's New! 2019-11-18 08:34:53Long before the pistons for General Motors Co V-6 engines reach the U.S. No. 1 automaker's Romulus, Michigan plant, they are seasoned international t

Nissan recalls nearly 400,000 vehicles over braking system New! 2019-11-18 08:34:12(This Nov. 16 story corrects headline to say nearly 400,000 vehicles were recalled, not 40,000)

VW CEO says new ID.3 car 40% cheaper New! 2019-11-18 08:17:04Volkswagen's new ID.3 electric vehicle will be 40% cheaper to build than the electric version of its Golf model, Chief Executive Herbert Diess told

SoftBank to create $30 billion tech giant via New! 2019-11-18 08:13:51SoftBank Corp plans to merge internet subsidiary Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech group, as it strives t

Banks and funds lower red flags on supercharged New! 2019-11-18 08:08:57A raft of major banks and fund managers have upgraded their view on global equities, with emerging-market stocks their top pick to benefit from signs

BBC News - Business

My Money: 'I used the same nappy for 2019-11-13 19:42:24As part of a new BBC blog series, Katie Holden shares what she spent her money on this week.

Pay rise plans: Is minimum wage enough to 2019-11-13 19:21:14Election promises of a rising minimum wage leave some bosses wondering how to fund staff pay rises.

Google is latest tech giant to reveal banking 2019-11-13 19:11:37Tech companies are increasingly wading into finance, raising regulatory questions.

Could 'invisible barcodes' revolutionise recycling? 2019-11-13 19:03:27A pilot is in progress to see if invisible barcodes on packaging can improve recycling rates.

General election 2019: Labour pledges to close gender 2019-11-13 17:30:26Labour vows to close the gap between the average hourly pay for men and women but Tories are critical.

Facebook removes 11.6 million child abuse posts 2019-11-13 12:54:14The latest figures for harmful content on Facebook highlight the enormity of the challenge to remove it.

Royal Mail wins bid to halt Christmas postal 2019-11-13 11:47:34The postal union says a decision by the High Court to block industrial action is an "utter outrage".

City watchdog slams own staff's 'shameful' toilet habits 2019-11-13 11:31:12The Financial Conduct Authority is "appalled" at the insanitary conduct of its own workers.

Toy sales slump as shops chase Christmas cheer 2019-11-13 09:32:54Parents have cut back on impulse buys and face the threat of shortages of festive favourites, analysts say.

'Berlin rocks,' says Elon Musk as he chooses 2019-11-13 08:52:19Elon Musk tells AutoExpress Brexit made the UK "too risky" for his first major European factory.

Inflation falls to three-year low as energy prices 2019-11-13 07:25:22Official data shows UK consumer prices rose 1.5% as a new price cap kept a lid on energy prices.

Trump speaks to 'his people' on Wall Street 2019-11-13 06:20:34Donald Trump gets a warm welcome from the New York financial community.

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